Money & ATM Scams in Mumbai, India
Card skimming, currency exchange fraud, dynamic currency conversion, and cash cons. Below are the money & atm scams scams reported in Mumbai — how they work and how to avoid them.
For broader context, compare this scam type with nearby destinations like New Delhi, Jaipur, and Colombo.
Last updated: April 2, 2026
1
Money & ATM Scams Scams
11
Total in Mumbai
How it works
Around the Gateway of India and Colaba Causeway, well-dressed individuals strike up friendly conversations with tourists before explaining a supposedly lucrative gem re-export scheme. They claim Indian gems can be resold in the visitor's home country at massive profit and ask tourists to carry gems or transfer money to a supplier. The gems are worthless glass and any money transferred is lost immediately.
See all scams in Mumbai
11 total warnings across all categories