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Don't fall prey to bogus prize money offers, warns RBI

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Press Trust of India New Delhi
Last Updated : Jan 25 2013 | 2:53 AM IST

The Reserve Bank has warned the public to not fall prey to fictitious offers of large prize money through e-mails, letters and other electronic modes of communications on payment of service charges.

"Such offers (of large prize money from abroad) are fraudulent and...the public should immediately register a complaint with the local police/cyber crime authorities when they receive such offers or become a victim of any such fraud", the central bank said in a release.

The RBI's advisory comes soon after the Finance Ministry issued a similar public notice cautioning the public against such bogus offers of huge prize money.

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