World Bank cautions Indians against fraudulent credit, debit cards

If there weren't enough financial crimes and frauds, credit and debit cards in the name of the World Bank are being issued in India.

In a statement, the World Bank said: "The World Bank's attention has been drawn to fraudulent issuance of debit/credit cards in India, carrying its name and logo."

"The World Bank Group does not issue debit/credit cards. The Bank Group has no involvement with individuals/groups who have issued these fake cards, and would like to caution the public to be wary of such fraudulent practices," the statement said.