How to stay safe from KYC scams: Due to increasing cyber crime in the country, people of the country have to lose crores of rupees every day. Cyber criminals target people in different ways and make away with their hard-earned money in a jiffy. In recent times, many people have been cheated in the name of updating KYC (Know Your Customer). KYC is a process for banks and other institutions to verify the identity of their customers. Taking advantage of its shortcomings, fraudsters are deceiving people. How is fraud happening…
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