RBI offering unclaimed funds through lottery? Beware, scamsters are on the prowl again

The scamsters are at it again. However, this time they want you to believe that it is the RBI, which wants to pay you money. Jokes apart, but have you ever heard any government institution offering such huge amounts just like that?

Asking people's bank account numbers and passwords is passé. Now scamsters are offering unclaimed funds from none other than the Reserve Bank of India (RBI). To make this offer through email more realistic, they have even used RBI governor D Subbarao's name and they mention a so-called meeting with a "Senate Tax Committee on Finance", except that there is no such committee in India.

The fake email is headlined from the 'Office of the Reserve Bank Of India' and is sent from the email address [email protected]'. It reads: "The transfer department of the Reserve bank of India has decided to bring to your attention that you were listed as a beneficiary in the recent schedule for payment of outstanding debts incurred by the RBI government 2009. to 2011 According to your file, Your payment is categorized as: contract type: Lottery/inheritance/unpaid contract funds/ undelivered Lottery fund. Payment file: RBI/id1033/09. Payment amount: $500,000. us dollars."

To make it appear authentic, the message says, "On the 26sth of JAN, 2011. The Reserve Bank of India (RBI) Governor, Dr D. Subbarao, met with the Senate Tax Committee On Finance RBI Mumbai branch. Regarding unclaimed funds which have been due for a long run, at end of the meeting (RBI) Governor, Dr D. Subbarao mandate all unclaimed funds to be release back to the beneficiary stating that it's an unfair practice to withheld funds for government basket for one reason to the other for tax accumulations."

The scamsters have not hesitated to use the RBI governor's name even when demanding 'crediting fees' of Rs8,500, in addition to seeking details like full name, age, sex, address, bank details, etc. The scamsters expect the receiver to be blinded by the prospect of getting quick money. But the record is that the only money that has changed hands in 419 scams (advance fee/fake lottery scams) that have been discovered till now, has gone from the victims to such scamsters.

Surely, regular Moneylife readers will find plenty of 'red' signals in such emails. First, the RBI does not use @att.net in its messages. Second, even if one assumes that all else is true, why on the earth would the RBI offer money to an individual, and that too in US dollars? Third, the RBI does not operate, manage or control any lottery schemes. Fourth, in India, there is no Senate Committee; we have a Parliament and Parliamentary Committees. Therefore, the question of the RBI governor meeting some Senate Committee in RBI's 'branch' in Mumbai is not plausible. Incidentally, Mumbai is also where the central bank's headquarters is located.

Now, let's take a look at some obvious mistakes in the email. The full stops are in the wrong place, capital letters have been used wrongly, as have currency denominations. We use either rupees or Rs or the new symbol, before the amount, while the mail has something else. All it uses is US dollars and INR, after the amount-like 8500 INR or $500,000 US DOLLARS.

Clearly, this is yet another fraud in progress. So, if you receive such a message delete it immediately. Here are some points to keep in mind while identifying fake or fraud messages. The scams are widespread, so governments and websites like www.truthorfiction.com, www.fraudwatchers.org or www.scambaits.com are giving special attention to this matter, to help potential victims and to catch scamsters. The website of the Nigerian Central Bank has a warning on the home page that says, "If it looks too good to be true, it usually is." The US Secret Service and the British National Criminal Intelligence Service undertake regular investigations and issue regular warnings to people.

satyendra sharma
6 years ago
sir,
i got an email from Samsung Electronics on 28/09/2016. it say that i won the Email Ballot Lottery International Program(MNBLIP.My Email id has won a cash prize of 500,000 great british pounds, 52 inches wide screen plasma tv with built - in home theaterfrom samsung electronics, samsung laptop and galaxy s6.
ref No: BSA/007/LED/-15
serial no: 150/GP/BRITISH
batch no: WSOO7/BOND
please help me [email protected] is genuine or fake.
satyendra sharma
6 years ago
sir,
i got an email from Samsung Electronics on 28/09/2016. it say that i won the Email Ballot Lottery International Program(MNBLIP.My Email id has won a cash prize of 500,000 great british pounds, 52 inches wide screen plasma tv with built - in home theaterfrom samsung electronics, samsung laptop and galaxy s6.
ref No: BSA/007/LED/-15
serial no: 150/GP/BRITISH
batch no: WSOO7/BOND
please help me [email protected] is genuine or fake.
srikanth reddy
6 years ago
Sir
I got an email from Samsung company on 24-08-2016 it say that I wan the award winning price 4cors 65 lacks then the amount transfer to rbi on 26-08-2016 rbi as call to my mobile number mr.ajay said that u got the award winning price money from Samsung company tell now I was transferred to rbi 6 lacks so pls help me rbi mail id [email protected] it's fake or genuine
srikanth reddy
6 years ago
Sir
I got an email from Samsung company on 24-08-2016 it say that I wan the award winning price 4cors 65 lacks then the amount transfer to rbi on 26-08-2016 rbi as call to my mobile number mr.ajay said that u got the award winning price money from Samsung company tell now I was transferred to rbi 6 lacks so pls help me rbi mail id [email protected] it's fake or genuine
lovely yasin
6 years ago
Hi. I got a call from RBI they said i have to pay 25,000 and they wouldnt listerning what i am saying. What i have to do. And i gave my address and photo from too.
lovely yasin
6 years ago
Hi. I got a call from RBI they said i have to pay 25,000 and they wouldnt listerning what i am saying. What i have to do. And i gave my address and photo from too.
Mohmad Ashfak
6 years ago
they ask me for sending my detail on these mails - [email protected],: [email protected] ;[email protected],
Mohmad Ashfak
6 years ago
sir
Igot an e-mail on 21-8-2016.it says that my mail id is awarded by british govt and i won 4 crore rupees .they also claim about a meetting with Ban KiMoon with RBI governer and ask me personal data and I sent my mob.no. and bank account copy, my photo , adhar card. but no money in my account
sri mani vajjula
6 years ago
Hi. I got a call from RBI they said i have to pay 23,800 and they wouldnt listerning what i am saying. What i have to do. And i gave my address and photo from too.
nathkhar bathusha
6 years ago
What I am saying you know who's blading man I can't find if I finds he has not live definitely I told this is also good name RBI Bank name using cheats on fucker guys Bcoz I will advice here nobody trust them
nathkhar bathusha
6 years ago
I thought this is cheating mail don't trust this all of people deceiving many people lost money don't send me money I am also sending money not respond next time don't ask advice anybody same situation deceive me
nathkhar bathusha
6 years ago
I thought this is cheating mail don't trust this all of people deceiving many people lost money don't send me money I am also sending money not respond next time don't ask advice anybody same situation deceive me
Tharun Kumar Vankunavath
6 years ago
even i got this msg today morning . what i have to do already i have submit my biodetails what i do sir plz help me
Tharun Kumar Vankunavath
6 years ago
even i got this msg today morning . what i have to do already i have submit my biodetails what i do sir plz help me
Kommu PraSad Kp
6 years ago
I also got message from [email protected] they given in email 4 cores 57 lakhs and transfer charges 12,500. I'm sending my full details number like...

Then they call me and told me a 3 cores 22 lakhs and transfer charge I'll be 19,500

Please help me out on this mail
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