New Delhi: The Department of Telecommunications (DoT) and the Securities and Exchange Board of India have signed a Memorandum of Understanding (MoU) to strengthen efforts against telecom-linked financial frauds and investment scams. The agreement focuses on improved coordination and data sharing to detect and prevent misuse of telecom resources in fraudulent activities. Senior officials including Sanjeev Kumar Sharma and Sandip Pradhan formalised the partnership.
Under the pact, DoT will share fraud risk indicators and lists of suspicious mobile numbers with SEBI, while SEBI will provide inputs on telecom links connected to fraudulent accounts. The collaboration will use DoT’s Digital Intelligence Platform for real-time information exchange, enabling early detection and faster action. The initiative aims to shift from reactive enforcement to proactive prevention, strengthening investor protection and enhancing trust in India’s digital financial ecosystem.
