Part 37 · Fraud Protection & Digital Safety

The Great Numismatic Fraud Patterns — Fake Valuations, Registration Fee Scams, RBI Impersonation, Forged PMG Certificates, Identity Theft, Five-Step Protection Protocol

Fake valuations, registration fee scams, RBI impersonation, forged PMG certificates, identity theft, and the five-step fraud protection protocol.

11 questions in this part

1 Is there any currency note in India that is genuinely worth ₹1 lakh, ₹5 lakh, or more? 2 Is there any legitimate process in India that requires a registration fee before a rare note can be sold? 3 Someone contacted me saying my ₹10 note is worth ₹2 lakh and they have a buyer — what is the anatomy of this scam? 4 Which BNS sections apply when someone demands a GST advance or RBI NOC fee before buying your note? 5 If you paid a registration fee to a scammer, what is the fastest legal recovery process? 6 What is the five-step verification protocol when someone claims your note is extremely valuable? 7 Someone presented a fake RBI employee ID card to authenticate a note — what law was broken? 8 A scammer sent a WhatsApp valuation certificate with a government logo — which authorities do you report to? 9 Can you verify a PMG or PCGS certificate's authenticity online — and how? 10 Is using a real collector's name and photograph on a fake certificate — without their consent — an additional offence? 11 What documentation should every serious collector maintain to prove they did not endorse a fraudulent transaction if their name is misused?