I sent money to someone through Paytm for a dollar exchange on my Neteller account. Now, they’re not sending me the Neteller money or my original payment back. I said I’d take legal action, but they claim buying dollars is illegal in India. What can I do?

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Law Forum › Category: Consumer Court › I sent money to someone through Paytm for a dollar exchange on my Neteller account. Now, they’re not sending me the Neteller money or my original payment back. I said I’d take legal action, but they claim buying dollars is illegal in India. What can I do?
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Apni Law Staff asked 2 years ago

I sent money to someone through Paytm for a dollar exchange on my Neteller account. Now, they’re not sending me the Neteller money or my original payment back. I said I’d take legal action, but they claim buying dollars is illegal in India. What can I do?

1 Answers
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Best Answer

Apni Law Staff answered 2 years ago

Buying and selling foreign currency is not illegal in India. You can report the fraud to the police and the Paytm platform. You can also seek legal advice to pursue recovery options against the individual who defrauded you.

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