Joke Collection Website - Blessing messages - Is bank deposit interest-bearing a telecom fraud?

Is bank deposit interest-bearing a telecom fraud?

Interest bearing on bank deposits does not belong to telecom fraud.

Interest bearing on bank deposits means that customers deposit certain funds in the bank and get corresponding income through interest rates. This is a legal and normal business activity and has nothing to do with telecom fraud. Telecom fraud refers to the illegal activities of obtaining other people's property or information by false or deceptive means, in which crimes are committed by using communication tools such as telephone and SMS.