Hello readers,
If you are on this article you must have already known about Hold/Lein/Freeze, got the Complaint details you needed including the Money trail and cause & solutions.
Now let’s learn what you should do and what you shouldn’t in your case
As i already explained to what is the term Hold/Lein/Freeze in bank account, what is Money trail, Layers, what steps you should follow to get your documents ready, what are do’s and don’ts for you and what can be the final resolution for you.
If you haven’t read it yet please refer to the links.
Now lets clear some misconceptions we have without any information
I did the P2P transaction with a verified trader.
Correct you did the transaction with a verified trader, you checked whether he sent the money not from a third party, but still, he is unknown to you and he is a Trader, he may got the money from a scammer or he could be a scammer too.
I never did the P2P transaction to sell my crypto.
Good, you don’t do the P2P transaction but it’s possible that you may be sold your old furniture/goods to a known/unknown person from any of the platforms, so you can fall in the chain because you don’t know whether the buyer got the money from a scammer or also falls in the chain and there are chances that he/she too doesn’t know that.
I earned the money from a Gaming/Lottery Platform.
Gaming/Lottery Platforms are very much prone to launder money and there are chances that the money you got has a portion that is disputed.
I am a Government/Salaried Employee, how can my account can’t be freezed
You may be a Govt. Employee, but you may do get the amount from your family/friends who was in the chain and going to be in the chain due to the complaint which will happen 1 month or 2 month later and you may fall in the chain too.
I am running a business and accept money from my customer
Do you know how your customer acquired the money which he sent you?
No, right!
So you can also fall in the chain and eventually get your account frozen.
A small appeal to the person’s family, relatives and friends!
Today, if your family member, relative or friend is suffering from their bank account frozen, try to listen to them and help them to solve the issue, instead of criticizing them and blaming them.
This is the time when you can help them and in future they will help you with whatever they can, if you can’t help, at least don’t put them down or don’t get disassociate with them because it’s only the time, which will pass one day and he/she will remember you forever for this.
One Day, you will be in trouble which you will eventually be then “Kisi din ye Tamasha mukurake, hum bhi dekhenge”.
In this current era, every one of us usually doesn’t carry cash even not our wallets and do payments online and get money online via UPI/IMPS/NEFT/Cheque and we never know the actual source of the money from it originated so everyone who gets or send UPI/IMPS/NEFT/Cheque can get their or their friend’s account frozen.
Now you will ask then what should we do or transact in cash?
The answer is a little explanatory, read my next article to get a solution for it.
