Fraud Alert: Beware of Tax Refund Messages & Ponzi Apps Offering 6% Daily Returns
A few weeks after the monsoon reaches its full majesty, most of us begin the annual ritual of scrambling to meet the 31st July deadline to file income tax returns (ITRs). There is a new ritual that has come up after this deadline is over -- we begin to get bombarded with messages and emails about income tax refunds due to us. Unfortunately, these are from cybercriminals looking to trip you up by pretending to be the tax department. The scam operates by trying to get the taxpayer either to 'apply' or to verify something by clicking on the link sent in an email.