What is Safe Keeping Receipt (SKR) Fraud? Safe Keeping Receipt (SKR) fraud is a type of financial scam that targets investors and individuals involved in high-value transactions. A Safe Keeping Receipt (SKR) is a document issued by a financial institution or bank, confirming that certain assets (such as cash, gold, securities, or valuable items) are securely held. However, fraudsters create fake or invalid SKRs to deceive victims and extract money from them.
