What is Smurfing?

Smurfing is a procedure where financial transactions are broken done into a smaller transaction to avoid investigations by authorities. This can be explained by an example:

For example, if a person wants to purchase a certain percentage of shares of a company say 20%, but the company only allows the purchase of only 5% shares by an individual.

What is Vishing?

Vishing is sometimes also known as voice phishing. It is a criminal activity where one uses social engineering over telephone systems to gain access to personal and financial information of people. Vishing is highly used to gain access to credit card numbers and other personal details of individuals. It is highly used in identity theft schemes.

What is Newage Bank?

The newage bank is no bank or company. It is free of cost self-adjusting community, which has been built to help participants ideologically. One can join the community to enhance their ideology related o finance and the participants can help each other to do so. The Newage Bank is a Ponzi scheme, which is neither a legal and sustainable scheme.