GUIDELINES TO PREVENT ONLINE BANKING FRAUDS

The writ petition was filed by two petitioners who were suffered from online fraud. For so now the government of India not create any legislation to curb and deal with online fraud.

Even though the government of India has not developed an agency to deal with such online fraud.

So under article 142, the plea was filed in the Supreme Court to frame the guidelines.

The plea also seeks directions to the Centre, RBI, and other banks. This plea not only seeks directions and guidelines but also stresses the court to organize a specialized investigation agency to get a remedy.

The victim also told the court to direct the banks to start an OTP service and verify IDs while transactions.

The police refused to register an FIR because it does not come under that jurisdiction.

He also pleaded with the court to file an FIR which also does not fall under that particular jurisdiction.

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