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What is new ‘jumped deposit’ scam targeting UPI users?

What is new ‘jumped deposit’ scam targeting UPI users?
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SandhyaBy : Sandhya

  |  2 Jan 2025 5:46 PM IST

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A new cyber scam, known as the 'Jumped Deposit' scam, is making rounds targeting UPI users. The scam operates by luring victims into authorising unauthorised withdrawals from their bank accounts.

The Cyber Crime Wing of the Tamil Nadu Police initially issued the scam alert in December 2024.

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