Understanding Cyber Fraud and Digital Payment Frauds in India

India runs the world's largest real-time payments system, and fraudsters have built an industry on top of it. This course takes digital payment fraud apart the way a forensic auditor or a bank's fraud risk team would. Start with the payment rails themselves, UPI, IMPS, NEFT, cards, wallets and AePS, and the four-stage path every fraud follows from first contact to cash-out. Then work through the schemes one family at a time: fake KYC calls and phishing, UPI collect and QR code tricks, digital arrest scams, fake trading apps and task frauds, SIM swaps, card and AePS frauds, and remote access takeovers. Follow the money through mule account networks and learn the transaction patterns that give them away. Finish with the rulebook, RBI's fraud risk Master Directions, the customer liability framework, the 1930 helpline and I4C machinery, and the IT Act, BNS and PMLA, then the controls, response playbooks and investigation steps an institution actually uses. Written for bank and NBFC compliance officers, aspiring forensic auditors and risk professionals.