Alert! Don't fall for this FASTag fraud

RMN · 24th January 2020, 14:26

This scam is no different than any other online transaction. I dont see anything unique to Fastag about it!

RnK · 24th January 2020, 15:31

Quote:

Originally Posted by vishwasvr

Planning to get FASTag from ICICI as a bunch of my friends said they've not faced any hassles!

I have been using ICICI FASTag for 8 months now and haven't faced any single issue till date. Most of these transactions were done on the Mumbai - Kolhapur stretch in MH. The FASTags also acknowledged the round trip fare whenever I crossed the same toll booth within 24 hours. I also get notifications of the transactions on my phone within 30 mins. So far so good!

Pro Tip: If the toll booth attendant says that your FASTag is not working and you have to pay by cash (they do this often to trick people), cross check by logging in to your account if something is actually wrong with your FASTag. Otherwise you might end up paying double the amount as some of them have mentioned.

deetee · 24th January 2020, 23:32

I am using Airtel fasttag linked to Airtel savings account. ( It's an e- bank)
Amount gets autodebited from the linked savings account so I use that only for fasttag. I transfer money to Airtel account before a trip. Whatever excess money ( usually in 3 digits ) remains after the trip, earns 4% interest while it's there and I can withdraw it anytime I want.

Performance of the fasttag also has been good.

hserus · 5th February 2020, 13:07

https://timesofindia.indiatimes.com/...w/73947846.cms

They would transfer money into the Fastags with UPI, siphoning money from a bank ledger account, and then claim refunds stating that the KYC submitted was erroneous.

Not 100% sure just how the scam works but this seems to be a pretty ugly bug, together with at least one bank insider's involvement.

ruzbehxyz · 5th February 2020, 13:36

Thanks for sharing.
This incident has already been posted in the regular Fastag thread.

Online frauds are on the rise in India. 200 crores is a big amount. Surprising how these people find loopholes and rob money.
The Government needs to have more cyber security cells and robust systems.

Dhillon · 1st April 2021, 19:45

Dear Members,

I use fastag that was issued by HDFC.
The last time we crossed a toll (Manesar Toll) where fastag was accepted was in August 2020.

Today while at home, I receive the below message :-

Dear Customer, Your FasTag A/c has been debited for Rs. 70 for transaction by Vehicle MA3NFG81SKD240090 at Toll Manesar Toll Plaza on 2021-04-01T17:39:07. Balance amount in the A/c is Rs. ** - HDFC Bank Ltd.

The VIN number is correct but I haven't crossed Manesar toll plaza since August 2020.

I am confused as to how this has happened?
Luckily, my main account balance is not linked with the FASTAG account. I add money to fastag as and when the need arises.

Can someone help and let me know what step needs to be taken now? Shall I blocky fastag and get a new one or raise it with some relevant authority?

Mods, please merge this to relevant thread if this is not the one.

911CarerraS · 1st April 2021, 20:33

Seeing all these frauds and people losing their money. I'm sceptical of the gps system that Nitin Gadkari was talking about. We have to extra cautious in today's time to avoid mishaps more than ever .

24th January 2020, 14:26	#46
RMN BHPian Join Date: Jul 2019 Location: Cochin Posts: 279 Thanked: 594 Times	Re: Alert! Don't fall for this FASTag fraud This scam is no different than any other online transaction. I dont see anything unique to Fastag about it!
	(1) Thanks

24th January 2020, 23:32	#48
deetee BHPian Join Date: Oct 2007 Location: Hyderabad Posts: 485 Thanked: 1,593 Times View My Garage	Re: Alert! Don't fall for this FASTag fraud I am using Airtel fasttag linked to Airtel savings account. ( It's an e- bank) Amount gets autodebited from the linked savings account so I use that only for fasttag. I transfer money to Airtel account before a trip. Whatever excess money ( usually in 3 digits ) remains after the trip, earns 4% interest while it's there and I can withdraw it anytime I want. Performance of the fasttag also has been good.
	(1) Thanks

5th February 2020, 13:07	#49
hserus Senior - BHPian Join Date: Sep 2014 Location: Chennai Posts: 4,955 Thanked: 9,160 Times	Mumbai gang arrested for massive Fastag fraud https://timesofindia.indiatimes.com/...w/73947846.cms They would transfer money into the Fastags with UPI, siphoning money from a bank ledger account, and then claim refunds stating that the KYC submitted was erroneous. Not 100% sure just how the scam works but this seems to be a pretty ugly bug, together with at least one bank insider's involvement.
	(1) Thanks

5th February 2020, 13:36	#50
ruzbehxyz Senior - BHPian Join Date: Oct 2014 Location: MH02 to MH46 Posts: 1,612 Thanked: 6,596 Times	Re: Mumbai gang arrested for massive Fastag fraud Thanks for sharing. This incident has already been posted in the regular Fastag thread. Online frauds are on the rise in India. 200 crores is a big amount. Surprising how these people find loopholes and rob money. The Government needs to have more cyber security cells and robust systems. Last edited by ruzbehxyz : 5th February 2020 at 13:38.
	() Thanks

1st April 2021, 19:45	#51
Dhillon BHPian Join Date: Mar 2020 Location: Gurgaon Posts: 163 Thanked: 543 Times	Re: Alert! Don't fall for this FASTag fraud Dear Members, I use fastag that was issued by HDFC. The last time we crossed a toll (Manesar Toll) where fastag was accepted was in August 2020. Today while at home, I receive the below message :- Dear Customer, Your FasTag A/c has been debited for Rs. 70 for transaction by Vehicle MA3NFG81SKD240090 at Toll Manesar Toll Plaza on 2021-04-01T17:39:07. Balance amount in the A/c is Rs. ** - HDFC Bank Ltd. The VIN number is correct but I haven't crossed Manesar toll plaza since August 2020. I am confused as to how this has happened? Luckily, my main account balance is not linked with the FASTAG account. I add money to fastag as and when the need arises. Can someone help and let me know what step needs to be taken now? Shall I blocky fastag and get a new one or raise it with some relevant authority? Mods, please merge this to relevant thread if this is not the one.
	() Thanks

1st April 2021, 20:33	#52
911CarerraS BHPian Join Date: Mar 2021 Location: Delhi Posts: 90 Thanked: 113 Times	Re: Alert! Don't fall for this FASTag fraud Seeing all these frauds and people losing their money. I'm sceptical of the gps system that Nitin Gadkari was talking about. We have to extra cautious in today's time to avoid mishaps more than ever .
	() Thanks