Close Menu
    What's Hot

    RBI’s Latest Rate Cut Can Save You Over 2 Lakh on Home Loans – Here’s How

    June 6, 2025

    More Young Indians Dream of Retiring Early, But Lack the Right Financial Plan

    June 5, 2025

    Capital Gains Tax Rules for Shares, Mutual Funds and Property

    June 5, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Invest PolicyInvest Policy
    Subscribe
    • Insurance
    • Investment
    • Tax
    • Stocks
    • MF
    • Money
    • Property
    • Schemes
    • More
      • Documents
      • Cards
      • Loan
      • Hindi
    Invest PolicyInvest Policy
    Home » Pension Scam Alert: Senior Citizens Targeted by Fraudsters
    Money

    Pension Scam Alert: Senior Citizens Targeted by Fraudsters

    Naresh SainiBy Naresh SainiSeptember 28, 2024No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Pension Scam Alert: Senior Citizens Targeted by Fraudsters
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The government has issued a strong warning to pensioners across the country to remain cautious about fraudulent schemes aimed at stealing their retirement money. As online transactions and services grow more common, cybercriminals are finding new ways to take advantage of the elderly. Recently, a disturbing trend has emerged where senior citizens, especially those relying on pensions, are being targeted by scammers posing as government officials.

    How the Scams Are Being Carried Out

    According to the Central Pension Accounting Office (CPAO), fraudsters are pretending to be CPAO officials and are contacting pensioners through WhatsApp, email, and SMS. These criminals send fake forms and falsely claim that if the pensioners do not fill them out, their pension payments will stop the following month.

    The CPAO has made it clear that neither their office nor any other government agency would ever ask for personal details like PPO number, date of birth, or bank account information. They have urged all pensioners not to share such sensitive data with anyone over the phone or online.

    Assam Police Issues Additional Alert for Retirees

    In a related incident, Assam Police has also issued a public warning after discovering a scam where fraudsters are pretending to be treasury officers. These criminals call retired individuals and claim that their pensions will soon be discontinued unless they share personal details.

    The authorities have asked pensioners to be cautious and not entertain such phone calls. They have advised the public to verify any pension-related information directly with the concerned government departments and to report suspicious activity.

    See also  Big Earnings in 2025: Top Sectors to Watch

    Essential Tips for Pensioners to Avoid Scams

    The CPAO has offered key advice to help senior citizens and pensioners stay safe from fraud:

    1. Verify the Source: Before acting on any call, message, or email, always check with your bank or the pension office directly to confirm its legitimacy.
    2. Avoid Rushing Decisions: Fraudsters often try to rush their targets into making quick decisions. Always take time to verify any information before taking any action.
    3. Report Suspicious Activity: If you suspect a scam, report it immediately to the CPAO, your bank, or the police.

    These simple precautions can help pensioners protect themselves from becoming victims of fraud.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleWill Interest Rates on PPF and Sukanya Samriddhi Yojana Drop Soon?
    Next Article Reliance-Disney Merger Approved: Viacom18 Channels to Shift to Star India
    Naresh Saini
    • Website
    • Facebook

    Naresh Saini, a graduate with over 10 years of experience in the insurance and investment sectors, specializes in covering topics related to insurance, investments, and government schemes. His expertise and passion for the financial industry allow him to provide valuable insights, helping readers make informed decisions. Naresh is committed to delivering clear and engaging content in these fields.

    Related Posts

    PF Withdrawal Will Soon Take Just Minutes, Not Days

    June 2, 2025

    Central Government Employees May See Salary Hike as 8th Pay Commission Plans Move Forward

    May 30, 2025

    Know How Sukanya Yojana Can Give You 69 Lakh with Monthly Deposit

    May 29, 2025

    Sent Money to the Wrong UPI Account? Follow These Steps to Get Your Money Back

    May 23, 2025

    Why PPF Alone May Not Be Enough for Retirement Planning in India

    May 13, 2025

    Small Savings Scheme or Fixed Deposit – Where Should You Invest for Better Benefits?

    May 13, 2025
    Add A Comment

    Comments are closed.

    Top Posts

    RBI’s Latest Rate Cut Can Save You Over 2 Lakh on Home Loans – Here’s How

    June 6, 2025

    More Young Indians Dream of Retiring Early, But Lack the Right Financial Plan

    June 5, 2025

    Capital Gains Tax Rules for Shares, Mutual Funds and Property

    June 5, 2025

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement

    Our main motto is to help our customers in making personal finance decisions easy and convenient as per their comfort. We are committed to provide accurate and unbiased information at your doorstep and keep it transparent among our customers.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube
    Top Insights

    RBI’s Latest Rate Cut Can Save You Over 2 Lakh on Home Loans – Here’s How

    June 6, 2025

    More Young Indians Dream of Retiring Early, But Lack the Right Financial Plan

    June 5, 2025

    Capital Gains Tax Rules for Shares, Mutual Funds and Property

    June 5, 2025
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Invest Policy. Designed by DigiSpiders.
    • Home
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions
    • Disclaimer

    Type above and press Enter to search. Press Esc to cancel.