Twitter spells out financial scams policy to prevent frauds

NEW DELHI: Twitter has introduced a new ‘financial scams policy’ aimed at preventing frauds on the micro-blogging platform.

The new policy prohibits “use of scam tactics on Twitter to obtain money or private financial information”, and bars people from creating accounts, post tweets, or send direct messages that “solicit engagement in such fraudulent schemes”.

Twitter has warned that in case of violation, it can take a number of actions ranging from requiring deletion of one or more tweets, temporarily locking of account to permanent suspension from the platform.

“…you may not use Twitter’s services to deceive others into sending you money or personal financial information via scam tactics, phishing, or otherwise fraudulent or deceptive methods,” as per the new policy.

Twitter also made it clear that it will not intervene in financial disputes between individuals on its platform. (AGENCIES)