Forged Escrow/Designated Account Scam

How Forged Escrow/Designated Account Scam Works

Overview: Fraudsters targeting property buyers are creating forged bank accounts posing as RERA-approved escrow or designated accounts. Buyers, thinking their payments are safe, unknowingly transfer money to fake or unrelated accounts. How It Works: Builders or their agents share account details labeled as 'escrow' or 'RERA Designated' accounts through emails, WhatsApp, or property portals. The provided account might look official—using similar-sounding business names or even forged bank documents. Buyers trust these, pay up, and the scammer withdraws or transfers the funds out quickly. India Angle: This scam is seen in tier-1 and tier-2 cities, where newer buyers are less familiar with RERA rules. This tactic often targets families and individuals using UPI, NEFT, and digital transfers. Scammers count on property buyers’ trust in official-sounding accounts. Real Examples: A Kolkata couple received UPI account details for “ABC Realty RERA Escrow,”

Visual Intelligence:

BharatSecure's AI has identified this as a used in scams targeting Indian users.

Who Does Forged Escrow/Designated Account Scam Target?

General public across India

What To Do If You Encounter Forged Escrow/Designated Account Scam

1. Do not click any links or share personal information
2. Block and report the sender immediately
3. Report at cybercrime.gov.in or call 1930
4. Inform your bank if financial details were shared

How to Report Forged Escrow/Designated Account Scam in India

• Call 1930 — National Cyber Crime Helpline (24x7)
• File a complaint at cybercrime.gov.in
• Contact your bank immediately if money was lost
• Call RBI helpline: 14440 for banking fraud

Frequently Asked Questions

What is Forged Escrow/Designated Account Scam?

Overview: Fraudsters targeting property buyers are creating forged bank accounts posing as RERA-approved escrow or designated accounts. Buyers, thinking their payments are safe, unknowingly transfer money to fake or unrelated accounts. How It Works: Builders or their agents share account details labeled as 'escrow' or 'RERA Designated' accounts through emails, WhatsApp, or property portals. The provided account might look official—using similar-sounding business names or even forged bank docume

How does Forged Escrow/Designated Account Scam work?

Overview: Fraudsters targeting property buyers are creating forged bank accounts posing as RERA-approved escrow or designated accounts. Buyers, thinking their payments are safe, unknowingly transfer money to fake or unrelated accounts. How It Works: Builders or their agents share account details labeled as 'escrow' or 'RERA Designated' accounts through emails, WhatsApp, or property portals. The p

How to protect yourself from Forged Escrow/Designated Account Scam?

Do not click any links or share personal information Block and report the sender immediately Report at cybercrime.gov.in or call 1930 Inform your bank if financial details were shared

How to report Forged Escrow/Designated Account Scam in India?

Report to cybercrime.gov.in or call 1930 (National Cyber Crime Helpline). You can also contact your local police station's cyber cell.

Verify Any Suspicious Message

Check any suspicious message, link, or call for free at bharatsecure.app. BharatSecure uses AI to detect scams in real-time and protect Indian users.