What is ‘jumped deposit scam’ targeting UPI users? Check two ways to protect yourself from new con ploy | Mint
Source: Live Mint The jumped deposit scam is a new cyber scam targeting unified payments interface (UPI) users. Fraudsters first lure victims by making an unsolicited small deposit in their bank accounts. How does it work? A fraudster sends a small amount to the victim’s bank account through UPI. Then, they immediately request a withdrawal…