Encash Loan Fraud: There are many hassles in taking loan from the bank. For this you have to check eligibility, submit a lot of documents and even visit the bank. In such a situation, we always choose an easy way for this. Especially when a small loan has to be taken for small expenses. In such a situation, we rely on those small apps or small loans which transfer money to our account in just one click. Due to this, thousands of rupees were lost from the accounts of a person from Bengaluru.

What is the whole matter?
Actually, the director of a Bengaluru company has become a victim of one such scam. According to the report of Times of India, this incident happened on April 15, when a person resident of Banashankari received a message and call from an unknown number. In this message it was written ‘Last Day to Redeem Reward Points End’, along with this there was also a link which had to be clicked.

Had to rely heavily on message
The 56-year-old man believed the message and call and clicked on the link. After this, they were asked to pay a fee of Rs 34 to get gift and reward points. After this the person made the payment through his credit card, within a few moments Rs 73,889 was deducted from that card. Making a small payment was so costly for this person that he got defrauded of thousands of rupees.

Do you also make these mistakes?
This is a very small mistake which can cost anyone dearly, in such a situation you should also avoid these things very carefully. As

• If a call or message comes from an unknown number, ignore it.
• Do not click on any unknown link.
• Especially the one with ‘Last Day to Redeem’ written on it.
• If anything like this happens, immediately complain to the police and cyber crime.