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Economy

Image Claiming The RBI Is Promising ₹4.59 Crores In Pounds Is A Scam

The image carries telltale signs of being fake. Also, this is not the first time such a fake RBI image has been seen

By - Mohammed Kudrati | 16 July 2022 11:22 AM GMT

An imaged, purportedly being from the Reserve Bank of India [RBI], promising ₹4.59 crores or half a million (500,000) British pounds is fake and is a scam.

While the government has denied the veracity of the image, it also shows telltale signs that of the image having problems with its authenticity. 

The image conveys a letter, from a non-existent Foreign Exchange Transfer Department within the RBI, promising half a million British pounds equivalent to ₹4.59 crores on behalf of the British government to the intended beneficiary upon receipt of details like identity, photos and demographic details like age, sex and details like bank account details. 

The image can be found below. 




 

BOOM found no evidence that such an arrangement has taken place between the RBI and the British government. 

Another red flag that this is fake is the email address (rbi_transfer.india@rbigovt.co.in), which does not exist. RBI officials use the @rbi.org.in for official purposes. 

The factchecking department of the Press Information Bureau has also rubbished this claim. 



This is not the first time that fake news around the RBI has gone viral. BOOM has previously debunked the same

Also Read: Is India No More World's 3rd Largest Economy? A FactCheck