Basically, they are doing the whole job using a VPN. Fraudsters began pressuring Paytm users to install VPNs on their phones. Those VPNs are installed with various false promises.
Read More: Paytm Scam
Many people now use Paytm to pay their electricity bills. There are many reasons behind this. Firstly the facility to make payment, secondly the extensive cashback on the electricity bill is available from Paytm. And that's why many people use Paytm.
On the one hand, there are such advantages and on the other hand, there are many difficulties. Because fraudsters are now trapping Paytm. Criminals are taking thousands of rupees in the name of giving cashback. How is this whole thing going?
Basically, fraudsters are calling Paytm users directly. Trying to gain trust with their own power department employee or Paytm official identity. The fraudsters are taking real form only if they can gain the trust of the fraudsters in some way.
They then reported a method. It is possible to get a lot of cashback by depositing electricity bills in that way. And in that case, many people fall into the trap of fraudsters in the greed of getting cash back.
They are doing the whole job using a VPN. Fraudsters began pressuring Paytm users to install VPNs on their phones. Those VPNs are installed with various false promises. The fraudsters then manipulate the OTP that is used when submitting the electricity bill. And it is very easy to withdraw money from a Paytm account using OTP.
What is the way of liberation?
There are ways to get rid of fraudsters. Paytm has Security options. With that option, you can stay safe.
Secondly, there is no way to get cashback by calling Paytm. Because any offer or cashback is given on the Paytm website. From there all users can know about it. So if you find any such phone, it needs to be disconnected.
Third, no unnecessary apps should be installed on the phone. Because through them the fraudsters start falling into the trap.
Fourth, do not share OTP with anyone in any way. Because it is possible to empty the account using OTP.
I hope you understand the Scammer scam with you using Paytm. If you have any queries about this please comment to us or mail us.
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