ATM, Debit, Credit card frauds: What you need to know and how to protect your money
“While incidents of plastic card related fraud will come down over the years, criminals will shift their focus towards cards that are not present or online frauds. In this scenario, bankers will not only have to monitor their systems and vendors but also keep a track of geolocation to confirm customer’s proximity with the point…
How easily financial markets have been manipulated
“Financial markets are game of speculation, where everyone wants to be ahead of others and control the situation. But it does not happen all the time. This is not the fault of the markets but operations that are manipulated and driven by speculations,” says Surin Usgaonkar, author of ‘Biography of an Indian Fund Manager’. He…
How to maintain tax papers in a paperless environment and not to fall victim to the taxman’s roving e-eyes
“Going green or paperless is great in terms of saving environment. However, unless you are careful and have preserved copies of your income and expenditure related transactions, electronically, you may attract the unnecessary attention of the taxman,” advised Chartered Account (CA) Ameet Patel. He was speaking on “Don’t fall victim to the taxman’s roving e-eyes…
Anti-Corruption Bureau: How it functions and how you can file bribe, corruption complaint
“The problem of corruption is overwhelming and it cannot be curbed with a one shot solution. Preventive measures and strengthening grievance redressal system will be effective in reducing corruption,” says Dr Pradnya Saravade (IPS), the Additional Director General of Police for Administration in Maharashtra. She was speaking at the valedictory session under the “Police &…
Life Legal Aid: Here are things that your need to know
“The judicial system is improving considerably in India. Of course, taking every issue to the courts is not the solution and the administration has to do it’s job properly. However, today in India, the common man is at least able to approach the courts, unlike some developing countries,” says Advocate Jamshed Mistry. He was speaking…
Missing Persons: What can you do if someone goes missing?
“We do not have to run around to help missing persons. What anyone can do is, if you come across any missing person, is to contact the nearest police station and a hospital, if required. For seniors who are suffering from dementia or Alzheimer’s, they always have an identification card with them. Also, they make…
Why policing requires reforms and accountability for a better civil society
“While talking about police reforms and accountability, we need to make sure that there is an effective mechanism like allowing people to register complaints without making them face consequences of it,” says senior counsel Mihir Desai. He was speaking at the 9th session under the “Police & You” series. Moneylife Foundation with Police Reforms Watch…
Financial crimes & frauds: When and how to approach the EOW
“Greed is the main reason for people becoming victims of financial frauds or cheating. In fact, I was aghast to see people from all parts of the society falling prey to such schemes just because someone has promised them huge returns,” says S Jayakumar, the Deputy Commissioner of Police in the Economic Offences Wing in…
Protect yourself from cybercrimes and know your rights and protection
“With changing times, the face or interface of crime has changed and criminals have become faceless in cyberspace. In the cyberspace, you get fooled because the fraudsters are smarter than you. So be cautious, alert and on the vigil that will protect in the cyberspace,” says Sanjay Saxena, Joint Commissioner of Police (Crime) at Mumbai….
How to get justice from sexual harassment at workplace and understanding Section 498A
“With more and more incidents of sexual harassment getting reported, it is important for women to know the process to file such complaint, after understanding what constitutes the offense. At the same time, men also should know about the Act so that they cannot be wrongly framed”, says Senior Advocate Mrunalini Deshmukh. She was speaking…
How to effectively use a smartphone to make your life so much easier
A smartphone and some carefully chosen apps (properly used) can transform your life in many ways, like staying in touch with your near and dear ones all the time, ordering things from the comforts of your home and perform all your banking transactions, explained Dushyant Saraswat, Vice President of Paytm. He was speaking at a…
Know about arrest and detention, police interrogation and questioning
“The number of cases in courts are increasing because people are becoming aware about their right and not because law is being implemented or followed strictly. But at the same time, people are getting fed up with judiciary, increasing costs and police and enforcement agencies,” says Senior Advocate Satish Maneshinde. He was speaking at the…