EOW, FINANCIAL BODIES JOIN HANDS TO TACKLE FINANCIAL, CYBER FRAUDS
NEW DELHI: The next vital challenge before Delhi Police is tackling white-collar crimes, which are mostly associated with financial frauds and cyber crimes.
Thousands of innocent people are lured into traps and duped of lakhs and crores of rupees.
Furthermore, modernday cyber crime and financial frauds are getting more and more innovative, keeping the agencies on their toes.
On Thursday, the Economic Offences Wing (EOW) of Delhi Police organised a joint awareness programme on ‘Prevention of Financial Frauds’ at Auditorium Police Station in Barakhamba Road her.
The seminar was organised in collaboration with Reserve Bank of India, Securities and Exchange Board of India and State Bank of India (Cards).
The program was attended by 315 representatives from resident welfare associations and market welfare associations of the city.
The participants were briefed about various financial and online frauds, including unauthorised acceptance of deposits, network marketing, Ponzi schemes and multilevel marketing.
Officials from the EOW, RBI, SEBI and SBI (Cards) answered several queries from the participants at the seminar.
They also instructed the public about precautions to be taken, with respect to investments, banking transactions, ATM cards and so on.
Awareness pamphlets, handouts and other material was also distributed among the participants, so as to ensure propagation of awareness about financial frauds among the maximum number of people.
The programme was attended by Additional Commissioner of Police (EOW) Suvashis Choudhary and Deputy Commissioner of Police (EOW) Varsha Sharma, along with senior officials of RBI, SEBI and SBI (Cards.)
“We are also planning to take the scheme of interaction on financial frauds to the district level. This might boost opportunities for the common man to know the basic things about the financial frauds and how they could take precautions,” Sharma said.
Many participants also raised concerns about the difficulty in registration of cases of cyber thefts and frauds, stating they have to between the concerned banks and police stations to have the matter heard.
It is to be noted that the EOW only entertains cases of fraud over Rs two crore.
The officials advised people to have difficult passwords for their accounts and to set pattern locks on their smartphones to avoid becoming victims of cyber frauds.
They strongly emphasised that the victims should come up and complain to the concerned bank or the police regarding any financial fraud related issues.