Indian Currency: Fraudsters are showing the dream of making lakhs of rupees from coins, RBI has given this important update
Indian Currency Online Fraud: Many people like to hoard old coins and notes. These coins are auctioned in the market. But RBI has warned about this auction. Know where you should be careful.
If you are also fond of collecting old coins, and notes, then this news is very important for you. Nowadays old notes and coins are being auctioned in the market. These notes are being auctioned in the online market every day. Gradually the craze of auctioning these notes is increasing.
Seeing this craze, the Reserve Bank of India has warned the people. Come, let us know what the RBI has warned.
RBI has already said that the news of old coins or notes is attributed to the central bank, while RBI has no role in any such auction or sale. If you want to sell old notes or coins, then you must read the RBI guidelines.
RBI told that people are cheated in selling or buying such online coins. This is a way of cheating people. In this way, people are trying to cheat the customers. You should always be careful with this type of fraud.
Many such cases have come to the notice of RBI, in which the name of RBI is misused. Charges, commissions, or taxes are demanded from people on these fraudulent online platforms. It is claimed to people that if they sell old notes, they will get lakhs of rupees. In such a way that RBI is not involved in any of the activities.
RBI is neither involved in such matters nor any such deal is done on its behalf. It is just a way of winning the trust of the people. People trust RBI, and because of this, they become victims of this kind of fraud.
The Reserve Bank of India (RBI) has not authorized any institution, company, or individual to charge such transaction fees. People should avoid this kind of fraud. If you ever come across any such advertisement, you can inform the cyber cell about it. If possible, strict action will be taken against such fraudsters.