As the nation continues to deal with the ongoing coronavirus outbreak, fraudsters are using this as an opportunity to fool people and loot their money. They are using fake UPI IDs and corona funds to demand money from innocent customers. Meanwhile, Banks are trying to make their customers aware about it to ensure that they do not lose their money. Country’s largest bank, State Bank of India has tweeted seven tips to avoid fraudulent transactions –

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- Beware of UPI IDs asking for donations. Think before you donate your hard earned money.

- Identify the recipients before transferring any funds.

- Never save your card details on any e-commerce site.

- Do not give any sensitive information to an unsolicited email.

- Check the link before clicking on news related to Coronavirus. 

- Share facts from a trusted source.

- Report a scam when you see it.

The tweets came after Delhi police's cybercrime unit on Sunday detected a fake Unified Payments Interface (UPI) ID created with a motive to cheat the donors of the newly launched PM CARES Fund to fight the coronavirus outbreak.

Anyesh Roy, DCP (cybercrime) said in a tweet that the fake UPI was created with the ID pmcare@sbi, which is similar to the correct ID pmcares@sbi.

The State Bank of India has also been briefed about the fake ID and the bank has blocked it, another official said. The matter is under investigation and efforts are being made to identify the accused, he said.

The PM's Citizen Assistance and Relief in Emergency Situations (PM-CARES) fund was announced by Prime Minister Narendra Modi to fight against deadly coronavirus which has claimed more than 50 lives in India so far while over 2000 people have been tested positive for it.