An awareness camp was conducted on fake financial companies at Vellore on Monday, 30th March.
The camp was sponsored by Economic Crimes Department of the Police at Police Marriage Hall located at Vellore Fort Circular Road.
All concerned senior officials participated.
The various frauds such as fake financial companies making attractive proposals, offering sales scheme through internet, asking users to sms answers to a question promising attractive prizes, etc were explained in detail by the police in the camp.
The public should be cautious about house chit funds and other privately organised chit fund schemes. Public should be aware that their money is safe only when they confirm that the concerned fund agency is registered at the government registry.
The public were advised to contact nearest police station in case anyone offers higher interest rates for fixed deposits.
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