Brace yourselves 'Jamtara' scamsters! National helpline launched to trace online frauds, check details

The Reserve Bank of India (RBI), major banks, Payment Banks, digital wallets and online merchants are offering their active support to the national helping number to make digital transactions safer in India. 

New Delhi: The Ministry of Home Affairs (MHA) has rolled a national helpline 155260, along with a reporting platform to create a safer digital payments ecosystem in the country.  The aim is to prevent Indians from losing their life savings to rising financial frauds in India. Using the platform, one can report cheating incidents or cyber frauds so that law enforcement agencies can take swift action.  “The Citizen Financial Cyber Fraud Reporting and Management System has been developed in house by I4C to integrate Law Enforcement Agencies and Banks and Financial Intermediaries,” the Home Ministry had said in a statement.