People advised to stay alert to check financial frauds

District Collector Venkatesh Dhotre  on Thursday advised citizens to stay alert against various types of financial frauds.
On Thursday, during a meeting at the Integrated District Collectorate building, the Collector, along with Additional Collector Dasari Venu and Reserve Bank of India (RBI) Hyderabad AGM Radhika Bharat, conducted an awareness programme for officials and employees from all departments on financial frauds, cashless transactions, and financial literacy.
Speaking on the occasion, the District Collector emphasised the need for citizens to be aware of different methods of financial fraud to avoid falling victim to fraud. He advised against responding to unknown phone calls and stressed the importance of never sharing bank account details, ATM card information, or PIN numbers with others. Additionally, he urged people not to write down sensitive information anywhere.
As technology advances, fraudsters are increasingly using it to commit scams, the Collector noted. He advised the public to double-check beneficiary details before transferring money online and never share passwords or OTPs with others. In case of being targeted by fraud, citizens were advised to immediately report it to the Reserve Bank of India’s toll-free number 1930 or file a complaint at the nearest bank.
The Collector also called for financial literacy awareness programmes in villages to educate people about different types of financial frauds. Posters related to financial literacy were unveiled during the event.
Later, RBI AGM Radhika Bharat conducted a PowerPoint presentation to further educate officials about financial frauds.
Lead District Manager Rajeshwar Joshi, district officials, various department staff from the Collectorate, and other concerned officers attended the event.