World Bank Cautions Indians Against Fraudulent Credit, Debit Cards

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If there weren`t enough financial crimes and frauds, fake credit and debit cards claiming to be in the name of the World Bank, are being issued in India.

In a statement, the World Bank said: “The World Bank`s attention has been drawn to fraudulent issuance of debit/credit cards in India, carrying its name and logo.”

However, these are entirely fraudulent, and any message or service claiming to be related to them is likely to be some sort of scam attempt.

“The World Bank Group does not issue debit/credit cards. The Bank Group has no involvement with individuals/groups who have issued these fake cards, and would like to caution the public to be wary of such fraudulent practices," the statement said.