Zerodha warns of a new scam where scammers borrow phones to make unauthorized transactions.

Zerodha, a financial services company, has warned about a new scam where scammers ask to borrow phones for emergency calls but use the phones to make unauthorized transactions and drain bank accounts. The scam targets those who are distracted or less familiar with technology. Zerodha advises not to lend phones, offer to dial numbers and keep speaker mode on, and frequently check and disable features like call forwarding to protect against such scams.

2 months ago
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