How To Recover Money Lost In PayTM KYC Scam?

I have been scammed of 4 lakh rupees under the "Paytm KYC Scam". What is the best way to recover my money? I have lodged a complaint with the cyber cell, my bank (Axis) and with Paytm. Will the bank be or RBI be able to give me compensation or recove... Read More

I have been scammed of 4 lakh rupees under the "Paytm KYC Scam". What is the best way to recover my money? I have lodged a complaint with the cyber cell, my bank (Axis) and with Paytm. Will the bank be or RBI be able to give me compensation or recover my money?
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Answer (1)

Team Legistify

Team Legistify

  • Sector-1, Noida

The RBI is not responsible for such scams. The only thing you can do is to file a cyber crime complaint with the local cyber cell since for such crime to have taken place, you must have given the scammer your OTP unknowingly.

Answered on 15 Mar 2020


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