Latest news with #Identification
Time of India
a day ago
- Business
- Time of India
Scam alert! Sebi warns investors against fraudulent communications demanding fines, using fake logos
Sebi alerts investors to fake messages demanding money using forged documents and urges verification of all notices via its official website. Sebi cautioned investors about fraudsters posing as officials using forged notices, seals, and fake sale certificates via social media to extort money. It urged the public to verify all communications on and report suspicious messages immediately. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The Securities and Exchange Board of India (Sebi) has issued a public advisory cautioning investors regarding fraudulent communications circulated by unidentified individuals who falsely claim to be SEBI officials. These impostors are reportedly misusing SEBI's official letterhead, logo, and seal to send fabricated notices and demands via social media a media release issued on Wednesday, Sebi said that some of these fraudulent messages demand fines to prevent regulatory action while others include forged sale certificates pretending to validate purchase of PACL properties or issue fake usage certificates of third-party vendor activities are part of a broader scam attempting to deceive investors and extort money under the guise of regulatory market watchdog clarified that genuine communications from the regulator can be verified directly through its official website, Each official document carries verifiable identifiers:Orders issued by SEBI bear a unique reference number and can be accessed under Home > Enforcement > Certificates are listed under Home > Enforcement > Recovery summons, or any formal letters issued by SEBI include a Unique Document Identification Number (UDIN), which can be verified under Home > Authenticate Document Number Issued by officials' contact details, including names, email IDs, and phone numbers, are publicly available under Home > About > SEBI SEBI emails are sent only from addresses ending in @ The market regulator has urged the public to exercise caution and verify the authenticity of any suspicious communications, especially those demanding payments. Investors are advised not to fall prey to such scams and to report any suspicious correspondence immediately.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Economic Times
a day ago
- Business
- Economic Times
Scam alert! Sebi warns investors against fraudulent communications demanding fines, using fake logos
Sebi alerts investors to fake messages demanding money using forged documents and urges verification of all notices via its official website. Sebi cautioned investors about fraudsters posing as officials using forged notices, seals, and fake sale certificates via social media to extort money. It urged the public to verify all communications on and report suspicious messages immediately. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The Securities and Exchange Board of India (Sebi) has issued a public advisory cautioning investors regarding fraudulent communications circulated by unidentified individuals who falsely claim to be SEBI officials. These impostors are reportedly misusing SEBI's official letterhead, logo, and seal to send fabricated notices and demands via social media a media release issued on Wednesday, Sebi said that some of these fraudulent messages demand fines to prevent regulatory action while others include forged sale certificates pretending to validate purchase of PACL properties or issue fake usage certificates of third-party vendor activities are part of a broader scam attempting to deceive investors and extort money under the guise of regulatory market watchdog clarified that genuine communications from the regulator can be verified directly through its official website, Each official document carries verifiable identifiers:Orders issued by SEBI bear a unique reference number and can be accessed under Home > Enforcement > Certificates are listed under Home > Enforcement > Recovery summons, or any formal letters issued by SEBI include a Unique Document Identification Number (UDIN), which can be verified under Home > Authenticate Document Number Issued by officials' contact details, including names, email IDs, and phone numbers, are publicly available under Home > About > SEBI SEBI emails are sent only from addresses ending in @ The market regulator has urged the public to exercise caution and verify the authenticity of any suspicious communications, especially those demanding payments. Investors are advised not to fall prey to such scams and to report any suspicious correspondence immediately.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
7NEWS
3 days ago
- Automotive
- 7NEWS
BMW 3 Series recalled for defective Takata airbags
The Takata airbag saga continues with BMW recalling close to 3000 examples of its 3 Series due to defective inflators that slipped through previous recalls. 'As the airbag gets older, a combination of high temperatures and humidity can cause the airbag inflator propellant to degrade,' says BMW in its recall notice. 'If an affected vehicle is involved in a collision triggering the airbag, or if the airbag mis-deploys, the metal inflator housing may explode/rupture under too much internal pressure. 'If the defective airbag inflator ruptures, the airbag can go off with too much explosive force causing sharp metal fragments to shoot out and kill or seriously injure people in the vehicle. 'There have been serious injuries and deaths caused by faulty Takata airbags.' BMW says the Takata PSDI-5 airbags were installed 'as part of a special edition pack that included a sports steering wheel upgrade' in 'E9x vehicles', referring to the 3 Series lineup. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. A total of 2497 vehicles built between March 18, 2010 and May 24, 2012 are included on the Vehicle Identification Number (VIN) list The original recall notice is attached here If you own an affected vehicle, you need to immediately contact an authorised BMW dealer to schedule a replacement airbag. Your BMW dealer will arrange to have your vehicle towed to the workshop, and the replacement and towing costs are free of charge. 'Your vehicle will be repaired quickly once a booking is made with an authorised BMW dealership,' says the company. If you have any further questions, you can contact BMW Australia's Takata Recall Hotline weekdays between 8:30am and 8:30pm on 1800 243 675.
Yahoo
28-05-2025
- Business
- Yahoo
Georgia police are warning of surge in stolen cars being sold on Facebook Marketplace — what to watch out for
Gwinnett County Police in Georgia are warning car buyers to be cautious when shopping online, especially on Facebook Marketplace. Authorities have uncovered a scheme in which thieves are selling stolen vehicles — specifically Honda CR-Vs — with altered Vehicle Identification Numbers (VINs) to unsuspecting buyers. The cars are primarily stolen from New York, given fake VINs and resold in the Atlanta area. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) Public information officer Juan Madiedo of the Gwinnett County Police said the vehicles are being sold for between $29,000 and $30,000. 'They are pretty pricey,' he told Atlanta News First. 'They are making out with a lot of victims' money.' The investigation began when a local buyer reported VIN inconsistencies after taking their CR-V to a mechanic. That tip led police to uncover multiple victims and triggered a Facebook Marketplace sting, where investigators posed as buyers. The seller tried to flee but was caught. A second suspect, Karen Mendez, remains at large. Authorities are urging anyone with information to contact 911. Read more: This is how American car dealers use the '4-square method' to make big profits off you — and how you can ensure you pay a fair price for all your vehicle costs VIN fraud — or 'VIN cloning' — involves copying a legitimate VIN from a similar car and placing it on a stolen one. The scammer makes the vehicle appear clean and legal during resale. The fraud has reached beyond individual buyers. Atlanta Used Cars unknowingly purchased a stolen vehicle through a Carvana auction. They only learned the truth after a customer reported it stolen. Authorities later traced the vehicle back to Hertz Rental Car Company. 'Saving up money for a down payment or the whole car, purchasing it and being accused of stealing it definitely from law enforcement is definitely not a good experience,' said Shameel Shad, the dealership's general manager. Carvana reimbursed the dealership after confirming the fraud. Shad said the experience forced his team to tighten their inspection process. They now triple-check VINs on the windshield, driver-side door and vehicle computer. Gwinnett County Police and consumer advocates recommend several steps to avoid becoming a victim of VIN fraud: Meet in a public place: Complete private car sales at a police station or designated 'safe exchange' zone. Cross-check the VIN: Make sure the number matches on the windshield, driver-side door, and title documents. Any mismatch is a red flag. Use an OBD2 scanner: These tools reveal the VIN stored in the car's electronic system, which scammers can't easily alter. Run a vehicle history report: Use services like Carfax, AutoCheck or the free VINCheck tool from the National Insurance Crime Bureau to check for theft or salvage records. Trust your instincts: If a deal seems too good to be true or the seller avoids basic questions, walk away. 'There is an endless amount of ways that people can commit fraud in this business, VIN swapping is the simplest and easiest to catch,' Shad said. 'But there are a lot of other crafty ways.' With online car sales on the rise, Gwinnett County Police say vigilance is key. Taking extra steps now could save buyers thousands or prevent legal trouble later. Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Yahoo
14-05-2025
- Business
- Yahoo
What do the numbers on your credit card mean?
The numbers on a credit card help identify the credit card network, the company that issued the card and the cardholder. Credit card numbers are either 15 or 16 digits, with each digit having its own meaning and purpose. Keeping your credit card number safe can prevent fraudulent purchases and the stress they can cause. The 15- or 16-digit credit card number on the front or back of your card helps authenticate every purchase you make, whether you're buying something in person or online. Not only that, but the way these numbers are structured helps identify what the card issuer is, which payment network is being used and the consumer who owns the card. But, how are credit card numbers determined? And what sequences of numbers are identifying factors? We'll explain what the numbers on your credit card mean. First off, you should know that credit cards that operate on the Discover, Mastercard and Visa networks are 16 digits long, whereas American Express credit cards have 15-digit numbers. The series of numbers on a credit card are broken down into the following categories. The first credit card digit listed on a card indicates the credit card network being used and/or the industry associated with the card, or the major industry identifier (MII). The chart below shows the first digit you'll find with cards on the major payment networks. First digit Credit card network 2 or 5 Mastercard 3 American Express 4 Visa 6 Discover Different first digits are used to describe different industries as well. This chart outlines these industries while highlighting the first digit that can show up on a credit card as a result. First digit Industry 1 Airlines 2 Airlines and Financial 3 Travel and Entertainment (includes Amex) 4 Banking and Financial (includes Visa) 5 Banking and Financial (includes Mastercard) 6 Merchandising and Banking (includes Discover) 7 Petroleum 8 Healthcare and Communications 9 Government When you combine the industry identifier with the next five digits, you can work out who the card issuer is, as well as the product the card relates to. That's because the next five digits are the card's Issuer Identification Number (IIN) or Bank Identification Number (BIN). The seventh to the 15th digit (or 14th for American Express) form a unique sequence to identify the cardholder. Finally, the last digit is known as a 'check' digit. This is based on a mathematical formula, and it confirms the validity of the card. While the numbers listed on a credit card help identify all the parties involved in the card's use and operation, there are other numbers listed on cards you should know about. These include: The expiration date: The expiration date on a credit card typically comprises four digits, including two digits for the month and two digits for the year. For example, a credit card that expires in June 2029 would show an expiration date of 06/29. Expiration dates on credit cards can be used to verify buyers when purchases are made online, and they ensure consumers get a replacement card with updated safety features every few years. The security code: Security codes on credit cards are often referred to as card verification values (CVV) or card verification codes (CVC). These codes are three or four digits on their own, and they are used to verify purchases made online and over the phone. The security code for most cards is found on the back, yet American Express lists its security codes on the front of each card. Your actual account number may be up to 12 digits long, and it identifies you as the owner of the credit card account. Credit card numbers are assigned by the financial institution issuing the card. The account number on the card begins with the seventh digit and ends on the second to last digit. So, to find a Discover account number, you would look at the long number on the front of your card and cross out the first six digits, as well as the last one. While your credit card number may change if your card is lost or stolen, your account number stays the same. Keep in mind: For American Express customers, a card issued to additional cardholders will have different card numbers than the main cardholder, even though they're linked to the same account. If your credit card number gets into the wrong hands, a thief may find a way to use it for fraudulent purchases. The following tips can help you keep your data out of the hands of hackers and thieves: Add your card number to a mobile wallet. Adding your credit card number to a mobile wallet like Samsung Pay or Apple Pay lets you make purchases using a unique transaction code instead of sharing your card number with merchants. Only shop on secure websites and Wi-Fi networks. Never enter your credit card details while using a public internet connection, and make sure you only shop on secure websites that begin with 'https' rather than 'http'. Store your cards somewhere safe. Keep your credit cards in a place where they cannot be easily viewed, and make sure to store them in a secure location when you're not around. Use virtual card numbers when you shop online. Some credit cards offer virtual card numbers you can use when you shop online, which let you make purchases while keeping your actual card and account number private. Your credit card number may seem random, but there's meaning behind each digit on your card. Some of the numbers identify the card issuer or industry, whereas others reveal the credit card payment network and the consumer the card actually belongs to. Other numbers on a credit card explain when it expires or provide additional security for online or phone-based purchases. Can someone steal my credit card number? Yes. Someone can steal your credit card number and use it to make fraudulent purchases. However, they will also likely need your expiration date and security code for the transaction to go through. Keeping this information private can help you prevent credit card fraud as a result. What does CVV mean on a credit card? CVV stands for card verification values and is a security code usually found on the back of your credit card. Your CVV will be three or four digits long and will be required to make online purchases or those over the phone. Is my credit card account number the same as my card number? Your credit card account number forms part of your card number, but the two are not the same. Credit card account numbers are often shorter, but they are always completely unique to you. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
