Fraudsters posing as bank officers dupe Rs 11 crore from businessman, 2 held from Delhi
4 years, 11 months ago

Fraudsters posing as bank officers dupe Rs 11 crore from businessman, 2 held from Delhi

India TV News  

A father-son duo from Delhi was arrested by the Ahmedabad police for allegedly extracting Rs 11.06 crore from a city businessman by posing as bank officers and luring him into investing in various schemes and insurance products over three years, said officials on Thursday. In his complaint, apparel trader Prataprai Avtani had alleged he was duped to the tune of Rs 11.06 crore by some people who had posed as officials of a private bank and lured him into investing in government bonds, mutual funds and insurance schemes which the fraudsters claimed would give over 18 per cent annual return, said the release. "Saurabh had the details of Avtani as he once worked at a call centre of a private bank which offered life insurance products," Deputy Commissioner of Police, cyber crime, Rajdeepsinh Zala. "With the help of his father, Saurabh hatched a conspiracy and duped Avtani who deposited money in five bank accounts of the duo thinking he was investing in genuine schemes," he said.

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History of this topic

Actor loses ₹1.31 cr in a fake investment scam that promised doubled returns
2 days, 12 hours ago

Actor loses ₹1.31 cr in a fake investment scam that promised doubled returns

Hindustan Times  

MUMBAI: The police on Sunday booked seven people for allegedly scamming Bollywood actor Deepu Sharma and several others to invest in a fake company and promised doubled profits. Actor loses ₹ 1.31 cr in a fake investment scam that promised doubled returns. They persuaded her to invest a small amount in the company’s share, assuring she will receive twice the …

Man sedated, robbed near Pune railway station
4 days, 12 hours ago

Man sedated, robbed near Pune railway station

Hindustan Times  

Pune: The police have filed a case against two unidentified men for sedating and robbing a man near Pune railway station. Police have filed a case against two unidentified men for sedating and robbing a man near Pune railway station. ) While he was walking to the PMPML bus stand to take the transport facility to reach Mahalunge, two unidentified …

Nagpur businessman duped of ₹7.63 crore after 35 percent returns promise
4 days, 16 hours ago

Nagpur businessman duped of ₹7.63 crore after 35 percent returns promise

Hindustan Times  

A businessman in Nagpur lodged a complaint against a couple for cheating him of ₹7.63 crore on the pretext of giving high returns on the investment. Joshi initially received good returns that led him to invest more Jitendra Narhari Joshi alleged that Jayant Gulabrao Supare and his wife Kesari persuaded him to invest in a company promising a 35 per …

ED arrests two people in money laundering case linked to co-operative bank
6 days, 7 hours ago

ED arrests two people in money laundering case linked to co-operative bank

India Today  

The Enforcement Directorate arrested two people in connection with a money laundering case related to Nashik Merchant Co-operative Bank in Malegaon. The ED carried out an investigation based on a case that was registered in November 2024 after deposits of over Rs 100 crore cash in 14 new accounts with the Malegaon branch of NAMCO bank. The probe agency carried …

Mumbai cyber scam: Elderly woman tricked into transferring ₹1.5 cr to fraudsters; here is what happened
6 days, 20 hours ago

Mumbai cyber scam: Elderly woman tricked into transferring ₹1.5 cr to fraudsters; here is what happened

Live Mint  

In other shocking cyber scam news, a 78-year-old woman from South Mumbai became the latest victim of a fraud scheme, losing a staggering ₹1.5 crore after being duped by fraudsters posing as officials from the Special Investigation Team of the Delhi police, reportedTOI. The scammers reportedly continued their deception by posing as various officials from government departments, including the Cyber …

Axis Bank manager, 3 others arrested for siphoning Rs 12 crore from Bengaluru firm
Trending News
1 week, 3 days ago

Axis Bank manager, 3 others arrested for siphoning Rs 12 crore from Bengaluru firm

India Today  

Four people, including the manager of a private bank, were arrested for allegedly siphoning off Rs 12.51 crore by stealing sensitive data from a company, police said on Saturday. The matter came to light after the director of Dream Plug Pay Tech Solutions Private Limited approached the police in November, alleging the siphoning of Rs 12.51 crore from the company’s …

Bank staff among 4 held for siphoning off ₹12.2 crore from CRED operator firm: Report
1 week, 3 days ago

Bank staff among 4 held for siphoning off ₹12.2 crore from CRED operator firm: Report

Hindustan Times  

Karnataka police arrested an Axis Bank relationship manager and three others on Sunday for allegedly swindling ₹12 crore from Dreamplug Paytech Solutions Pvt Ltd, a Bengaluru-based company that operates the credit card payment platform Cred. The sophisticated fraud was exposed when the company's executives spotted suspicious transactions from their bank accounts and lodged a complaint with the police. According to …

Four arrested for siphoning off ₹12.5 cr from CRED, Bengaluru police uncover major crime: Report
Trending News
1 week, 4 days ago

Four arrested for siphoning off ₹12.5 cr from CRED, Bengaluru police uncover major crime: Report

Hindustan Times  

In a major cybercrime case, Bengaluru police have arrested four individuals from Gujarat who allegedly embezzled ₹12.5 crore from credit card payments platform CRED, reported Deccan Herald. According to the report, CRED’s corporate account is managed through Axis Bank’s Indiranagar branch in Bengaluru and authorities have managed to recover ₹1.83 crore of the stolen amount. The accused reportedly identified vulnerabilities …

Middleman held in connection with bribery case involving ED official: CBI
1 week, 4 days ago

Middleman held in connection with bribery case involving ED official: CBI

Hindustan Times  

The CBI arrested an alleged middleman on Saturday in connection with a bribery case, in which an assistant director of the ED is under the scanner, officials said. The assistant director of the Enforcement Directorate posted at Shimla and his brother, a senior manager in the Punjab National Bank in Delhi, had allegedly gone to a location near Chandigarh to …

Rs 6,000 crore Ponzi scam accused arrested in Gujarat, luxury cars seized
1 week, 5 days ago

Rs 6,000 crore Ponzi scam accused arrested in Gujarat, luxury cars seized

India Today  

The Gujarat Crime Investigation Department has arrested the chief accused of a Rs 6,000 crore Ponzi scam from a village in Mehsana district, officials said on Friday. The CID tracked down Bhupendra Singh Jhala, CEO of BZ Financial Services and BZ Group based in Sabarkantha, who was absconding for over a month. An application regarding BZ Group cheating people by …

Digital arrest scam: 59-year-old Japanese man loses ₹35 lakh to cyber criminals in Bengaluru
1 week, 5 days ago

Digital arrest scam: 59-year-old Japanese man loses ₹35 lakh to cyber criminals in Bengaluru

Hindustan Times  

A 59-year-old Japanese national working in Bengaluru was reportedly defrauded of ₹35.49 lakh by cyber criminals who threatened him with a fabricated "digital arrest." A Japanese man in Bengaluru lost ₹ 35 lakhs to cyber criminals. Fearing legal consequences, Sasaki complied with their demands and transferred a total of ₹35.49 lakh in multiple payments between December 12 and 14, using …

Employee steals ₹21 crore from govt, gifts BMW, 4BHK flat to girlfriend in Maharashtra
2 weeks ago

Employee steals ₹21 crore from govt, gifts BMW, 4BHK flat to girlfriend in Maharashtra

Hindustan Times  

A contractual Maharashtra government employee with a salary of ₹13,000 managed to defraud of crores the department he worked for and was caught after getting attention for his luxury car, gifting a 4 BHK flat to his girlfriend and commissioning diamond-studded glasses, reports claimed. The accused, with the help of his acquaintances, allegedly swindled the amount from the departmental sports …

Avadi police bust Rs 38 lakh digital scam; arrest accused linked to 135 cybercrime cases
2 weeks ago

Avadi police bust Rs 38 lakh digital scam; arrest accused linked to 135 cybercrime cases

New Indian Express  

CHENNAI: Investigation by the Avadi police into a cybercrime where Rs 38 lakh was swindled from a retired college lecturer in a ‘digital arrest’ scam has led the cops to an accused whose 13 bank accounts were used in at least 135 similar scams. During investigation, the team led by Avadi cybercrime inspector Pravin Kumar found that Rs 5 lakh …

MP: Indore MBBS student arrested over ₹8 lakh ‘crypto transfer’ to Chinese gang
2 weeks ago

MP: Indore MBBS student arrested over ₹8 lakh ‘crypto transfer’ to Chinese gang

Hindustan Times  

A 23-year-old MBBS student from Madhya Pradesh's Indore was arrested for allegedly transferring ₹8 lakh in cyber fraud money to a gang of Chinese youths by converting it into cryptocurrency, PTI reported citing police on Wednesday. DCP Rajesh Kumar Tripathi revealed during Vishnoi's interrogation that he provided bank accounts to a gang on a commission basis for cyber fraud. “We …

Bank heist: Police recover stolen booty worth over ₹7 cr; more success likely
2 weeks, 1 day ago

Bank heist: Police recover stolen booty worth over ₹7 cr; more success likely

Hindustan Times  

LUCKNOW Even as Indian Overseas Bank authorities were trying to ascertain the exact amount of cash and valuables lost in the heist, the police recovered stolen property worth ₹7 crore after the arrest of three accused on Monday and killing of two accused in encounters on Tuesday. Officials said the police recovered around 1kg of silver, valued at ₹ 85,000, …

Software engineer in Bengaluru loses Rs 11.8 crore to 'digital arrest' scam
2 weeks, 1 day ago

Software engineer in Bengaluru loses Rs 11.8 crore to 'digital arrest' scam

Deccan Chronicle  

Bengaluru: A 39-year-old software engineer became a victim of a "digital arrest" scam and lost Rs 11.8 crore when fraudsters impersonating police officials claimed that his Aadhaar card was being misused to open bank accounts for money laundering, police said on Monday. Later, he got a call from a person claiming to be a police officer alleging that his Aadhaar …

Aadhaar card misuse fraud cost a software engineer 12 crore
2 weeks, 2 days ago

Aadhaar card misuse fraud cost a software engineer 12 crore

India TV News  

Cyber fraud, particularly through digital arrests, has become increasingly prevalent, with victims falling prey to these scams every day. Recently, a disturbing case of digital fraud emerged from Bengaluru, where cybercriminals defrauded a software engineer of crores. The scammers posed as officers from TRAI and falsely informed Vijay Kumar, the software engineer, that his Aadhaar card had been misused. To …

Bengaluru police chief cautions citizens against fake 'digital arrest' scam
2 weeks, 2 days ago

Bengaluru police chief cautions citizens against fake 'digital arrest' scam

India Today  

Bengaluru Police Commissioner B Dayananda warned citizens against a growing cybercrime where fraudsters impersonate government officials and threaten victims with a so-called "digital arrest." The Commissioner advised people to avoid unknown calls or video calls and refrain from sharing personal details like Aadhaar or PAN numbers. He highlighted the 1930 helpline as a resource for tracing and recovering funds lost …

Cyber criminals defraud citizens of ₹1 crore in six cases
Trending News
2 weeks, 2 days ago

Cyber criminals defraud citizens of ₹1 crore in six cases

Hindustan Times  

Pune: Cyber cheats dupe citizens of nearly ₹1 crore in six cases lodged on December 22. Cyber cheats dupe citizens of nearly ₹ 1 crore in six cases lodged on December 22. ) In the fourth case, a 26-year-old resident has lodged a complaint with the Lonikand police stating that he was cheated of ₹10.30 lakh after he was gulled …

Bengaluru engineer scammed of ₹11.8 crore in 'digital arrest' scam, duped by fake police, CBI officers over Skype
Trending News
2 weeks, 3 days ago

Bengaluru engineer scammed of ₹11.8 crore in 'digital arrest' scam, duped by fake police, CBI officers over Skype

Hindustan Times  

A Bengaluru software engineer, 39, from GKVK Layout, near Hebbal, recently became a victim of a digital arrest scam, losing a staggering ₹11.8 crore. Digital arrest of Ahmedabad man uncovers Taiwanese-linked racket: Police According to Times of India report, the incident, which unfolded between November 25 and December 12, was reported to the North-East Cybercrime, Economic offences, Narcotics police. The …

Bengaluru woman duped of ₹30 lakh in ‘digital arrest’ scam; forced to break FDs and empty bank accounts: Report
2 weeks, 3 days ago

Bengaluru woman duped of ₹30 lakh in ‘digital arrest’ scam; forced to break FDs and empty bank accounts: Report

Hindustan Times  

In yet another case of “digital arrest,” a 46-year-old homemaker from Indiranagar, Bengaluru, was conned out of over ₹30 lakh by fraudsters impersonating officials from the Central Bureau of Investigation and Mumbai police. According to a report by Deccan Herald, the scammers held her under a fabricated “digital arrest” for 11 days, orchestrating an elaborate cyber scam. Fake calls from …

Bengaluru Software engineer loses Rs 11.8 crore to 'digital arrest' scam
2 weeks, 3 days ago

Bengaluru Software engineer loses Rs 11.8 crore to 'digital arrest' scam

India TV News  

Digital arrest scam: A 39-year-old software engineer fell victim to a digital arrest scam, losing Rs 11.8 crore police said on Monday. Then, he also got a call from a person asking him to download the Skype app following which a man, allegedly dressed in Mumbai police uniform video-called him and claimed that a businessman had opened a bank account …

Software engineer in Bengaluru loses Rs 11.8 crore in digital arrest scam
2 weeks, 3 days ago

Software engineer in Bengaluru loses Rs 11.8 crore in digital arrest scam

India Today  

A 39-year-old software engineer in Bengaluru lost Rs 11.8 crore in a "digital arrest" scam, after fraudsters impersonating police officers falsely accused him of being involved in money laundering. The caller alleged that his SIM card, linked to his Aadhaar card, had been used for illegal Soon after, the victim received another call from someone pretending to be a police …

Cyber Fraud Hits Rs 300 Crore, Police to Target Bank Collusion
2 weeks, 3 days ago

Cyber Fraud Hits Rs 300 Crore, Police to Target Bank Collusion

Deccan Chronicle  

Hyderabad: Bank managements will be under the radar of the city police in 2025 and anyone found colluding with fraudsters directly or indirectly would be duly prosecuted. Of this, the city cybercrime units froze Rs.77 crore and the police facilitated return of about Rs.39 crore to the victims. It has been observed that cyber fraudsters had managed to open current …

Branch manager of a private bank among four arrested for stealing money from payment gateway company
2 weeks, 4 days ago

Branch manager of a private bank among four arrested for stealing money from payment gateway company

The Hindu  

The east division cyber crime police busted an online fraud racket and arrested four persons, including the branch manager of a private bank, in Rajkot in Gujarat in connection with accessing a payment gateway company’s website to withdraw ₹12.5 crore within two days. CRED, having their corporate nodal account at AXIS bank Indiranagar branch in Bengaluru, filed a complaint that …

Hyderabad police refund Rs.5.25 lakh to businessman duped by cybercriminals
2 weeks, 4 days ago

Hyderabad police refund Rs.5.25 lakh to businessman duped by cybercriminals

Deccan Chronicle  

A victim who was duped of Rs 5, 25,000 to by the scammers in the name of investing in fake stock trading, got the amount refunded with the help of Cyber Crime Unit. A 37-year-old businessman, in his complaint to the police, stated that the fraudsters claiming as managing directors of a foreign blue chip company, defrauded him on the …

Cyber cheats dupe citizens of ₹1.58 crore
2 weeks, 5 days ago

Cyber cheats dupe citizens of ₹1.58 crore

Hindustan Times  

The Pune Police have lodged nine cyber fraud cases where cybercriminals siphoned off funds worth ₹58 lakhs from different bank accounts of the victims. All nine cases were lodged on Thursday, December 19 while as many as ten cyber fraud-related cases were lodged on Wednesday, wherein an aggregate amount of ₹1 crore was siphoned off by the accused. The city …

Noida: Man held for involvement in ₹1.39 crore trading fraud
2 weeks, 6 days ago

Noida: Man held for involvement in ₹1.39 crore trading fraud

Hindustan Times  

Noida: The cybercrime branch of Noida Police on Thursday arrested a 29-year-old man in connection with a ₹1.39 crore fraud that occurred in July 2024, police said adding that a freeze had been put on the man’s Mumbai bank account which had about ₹14 lakh. The cybercrime branch of Noida Police on Thursday arrested a 29-year-old man in connection with …

ED arrests industrialist Sanjay Sureka in Rs 6,000 crore bank fraud case
3 weeks, 1 day ago

ED arrests industrialist Sanjay Sureka in Rs 6,000 crore bank fraud case

India Today  

Industrialist Sanjay Sureka, owner of Concast Steel and Power Limited, was arrested by the Enforcement Directorate on Tuesday following extensive raids in Kolkata. The central agency conducted searches at 10 locations linked to Sureka, including his residence in Ballygunge, where jewellery worth Rs 4.5 crore and several foreign-made luxury cars were seized. According to sources, the arrest is part of …

CBI arrests seven people, including two IRS officers, in connection with alleged bribery racket in Mumbai
3 weeks, 1 day ago

CBI arrests seven people, including two IRS officers, in connection with alleged bribery racket in Mumbai

India TV News  

The Central Bureau of Investigation has arrested seven people, including two Indian Revenue Service officers, over their alleged involvement in a bribery scandal at the Santacruz Electronics Export Processing Zone in Mumbai. The operation, which commenced on Tuesday, led to the arrest of Joint Development Commissioner CPS Chauhan, Deputy Development Commissioner Prasad Varwantkar, and five others, including two assistant development …

TN Cyber Crime Investigation Centre arrest four for Rs 1.65 crore online scam
3 weeks, 1 day ago

TN Cyber Crime Investigation Centre arrest four for Rs 1.65 crore online scam

New Indian Express  

CHENNAI: Four men who were involved in an online investment scam were arrested by the State Cyber Crime Investigation Centre on December 6 and 7. The arrested include two mule account holders, a face-to-face agent, and an agent directly working in a scam compound in Cambodia. According to the police, the victim, a 67-year-old retired government employee residing in Chennai, …

Gujarat: 6 arretsed for issuing PMJAY cards fraudulently to ineligible candidates against huge sums
3 weeks, 1 day ago

Gujarat: 6 arretsed for issuing PMJAY cards fraudulently to ineligible candidates against huge sums

Op India  

On Tuesday, 17th December, the Ahmedabad police detained 6 persons for their involvement in the scheme related to the national health insurance scheme, Pradhan Mantri Jan Arogya Yojana. As per the police, the accused persons issued fraudulent cards under the scheme to loot the government for money. The police confirmed the incident and stated that the accused persons had been …

Gujarat police bust cyber fraud network, arrest eight as Rs 50 crore routed through 42 bank accounts
3 weeks, 3 days ago

Gujarat police bust cyber fraud network, arrest eight as Rs 50 crore routed through 42 bank accounts

India TV News  

The Gujarat police have succeeded in exposing an elaborate so-called underground network that had run several accounts for parking cyber fraud money and arrested eight individuals. The inspection of 42 out of approximately 200 suspect bank accounts revealed an astonishing amount, which is around Rs 50 crore deposited from cyber scam victims. The admission of the principal accused in Ahmedabad …

Bengaluru senior citizen falls prey to ‘digital arrest’ scam, loses ₹1.94 cr saved in fixed deposit: Report
3 weeks, 3 days ago

Bengaluru senior citizen falls prey to ‘digital arrest’ scam, loses ₹1.94 cr saved in fixed deposit: Report

Hindustan Times  

A 68-year-old man in Bengaluru fell victim to an organised cyber scam, losing ₹1.94 crore from his fixed deposit after being held under "digital arrest" for seven days. The scammers, pretending to be Mumbai crime branch officers, accused the senior citizen of involving in a money laundering case linked to Naresh Goyal, the founder of Jet Airways. The fraudsters had …

Elderly woman in Rajasthan loses Rs 80 lakh after week-long digital arrest
Trending News
3 weeks, 4 days ago

Elderly woman in Rajasthan loses Rs 80 lakh after week-long digital arrest

India Today  

An elderly woman in Rajasthan’s Ajmer was duped of Rs 80 lakh after being put under ‘digital arrest’ by fraudsters posing as Mumbai cybercrime branch officials, police said on Saturday. A special investigation team led by Additional Superintendent of Police Mohesh Chaudhary traced the stolen money, which had been funnelled into 150 bank accounts. Police conducted a series of raids, …

Cyber fraud: Lucknow police recover, return ₹19 lakh to online scam victim
Trending News
3 weeks, 4 days ago

Cyber fraud: Lucknow police recover, return ₹19 lakh to online scam victim

Hindustan Times  

LUCKNOW The cybercrime cell of the Lucknow police on Saturday helped a state capital resident Amit Gupta get back ₹19 lakh out of ₹ 28.7 lakh that he lost in a cyber fraud on the promise of earning huge profits from trading in the stock market between May and July earlier this year. The cyber frauds, impersonating as representatives of …

Hyderabad Couple Fall Victim to 'Digital Arrest', Lose Rs 2 crore
3 weeks, 5 days ago

Hyderabad Couple Fall Victim to 'Digital Arrest', Lose Rs 2 crore

Deccan Chronicle  

Hyderabad: A couple from Narayanguda were scared to even step out of their house after a four-day long of what they believed was a ‘digital arrest’. On pressing 1, the call got connected to a scamster, who, posing as a Mumbai crime branch officer, told them that there was suspicious activity noticed on their number. Speaking to Deccan Chronicle, Hyderabad …

Senior citizen from Bengaluru loses Rs 1.94 crore from his fixed deposit after getting WhatsApp video call
3 weeks, 6 days ago

Senior citizen from Bengaluru loses Rs 1.94 crore from his fixed deposit after getting WhatsApp video call

India Today  

Digital arrest cases have become a significant cyber menace in India. The latest victim of such fraud is from Mumbai, where a 68-year-old senior citizen was reportedly swindled out of Rs 1.94 crore from his fixed deposit. According to a report by Deccan Herald, the incident began on November 30 when the victim received a WhatsApp video call from an …

Tamil Nadu cyber crime police arrest three in Rs 3.84 crore scam in Chennai
4 weeks, 1 day ago

Tamil Nadu cyber crime police arrest three in Rs 3.84 crore scam in Chennai

New Indian Express  

CHENNAI: Three people have been arrested by the Tamil Nadu Cyber Crime police on charges of swindling Rs 3.84 crore from a man in a digital arrest scam. The police said that Harish was a mule account holder who earned Rs 1 lakh by selling his account, while Logesh, a mule account agent, confessed to providing two bank accounts to …

Haryana police bust major cyber fraud, 8 arrested for defrauding over 1,900 people of Rs 9 crore
1 month ago

Haryana police bust major cyber fraud, 8 arrested for defrauding over 1,900 people of Rs 9 crore

India TV News  

In a significant breakthrough, the Sonipat police have uncovered a large-scale cyber fraud operation, arresting eight individuals who defrauded 1,931 people across India of nearly Rs 9 crore. The accused, identified as Ajay, Pintu, Sachin, Rawalram, Harimohan, Rakesh, Yashraj, and Deshraj, were arrested in Rajasthan’s Jaipur, Savai Madhopur, and Jodhpur after an investigation prompted by a complaint from a local …

Malegaon laundering case: ED searches seven places in Mumbai, Ahmedabad, seizes ₹13.5 crore
1 month ago

Malegaon laundering case: ED searches seven places in Mumbai, Ahmedabad, seizes ₹13.5 crore

The Hindu  

The Enforcement Directorate, Mumbai Zonal Office, on Friday searched seven premises in Ahmedabad and Mumbai, and seized ₹13.5 crore in cash. The search operation was conducted in connection with the Malegaon money laundering case in which the accused had allegedly misused accounts opened with the Nashik Merchant Co-operative Bank to withdraw ₹196 crore over five months. 295/2024 dated November 7, …

Man held for ₹52.11 lakh share market scam
1 month ago

Man held for ₹52.11 lakh share market scam

The Hindu  

Thoothukudi cyber wing police have arrested a man from Kerala on charges of defrauding ₹52.11 lakh through share market trading scam via whatsapp. According to the police, the complainant, from KTC Nagar received a message in WhatsApp stating that money could be earned with huge profit through share market trading. The victim clicked the link and downloaded the application called …

Thane resident loses ₹59 lakh to scamsters posing as Customs, CBI officials: Report
1 month ago

Thane resident loses ₹59 lakh to scamsters posing as Customs, CBI officials: Report

Hindustan Times  

A 54-year-old man from Maharashtra's Thane lost ₹59 lakh after cyber fraudsters posing as Customs officials and Central Bureau of Investigation sleuths threatened to take action against him for alleged criminal activities, the police said. A senior police officer told PTI, “The victim received multiple phone calls from a person who identified himself as a Customs officer from Delhi. The …

ED's money laundering probe leads to arrest in Malegaon bank fraud case
1 month ago

ED's money laundering probe leads to arrest in Malegaon bank fraud case

Hindustan Times  

Mumbai: The Enforcement Directorate has arrested Bhesaniya Valimohd in connection with a money laundering investigation involving suspicious transactions at a Malegaon-based bank, where multiple accounts were allegedly misused by a local trader and his associates. According to the ED investigation, Valimohd was working with another accused, Nagani Shafi, to withdraw cash from the bank. ) According to the ED investigation, …

Cops seize Rs 47 lakh, cryptocurrency worth Rs 1.36 crore
1 month ago

Cops seize Rs 47 lakh, cryptocurrency worth Rs 1.36 crore

New Indian Express  

HYDERABAD: The Directorate of Enforcement conducted raids between November 28 and 30 across 13 locations, including Hyderabad, and seized unaccounted cash worth Rs 47 lakh and USDT cryptocurrency worth Rs 1.36 crore. The investigation was initiated on two FIRs registered by CBI, Economic Offences Wing, Delhi, concerning Rs 640 crore in cyber fraud money generated through betting, gambling, part time …

ED arrests two CAs, crypto trader in Rs 640-cr cyber fraud case
1 month ago

ED arrests two CAs, crypto trader in Rs 640-cr cyber fraud case

Deccan Chronicle  

New Delhi: Two chartered accountants and a cryptocurrency trader have been arrested here in a money laundering investigation linked to a cyber fraud case of Rs 640 crore, the Enforcement Directorate said Wednesday. The money laundering probe stems from two FIRs filed by the Economic Offences Wing of the Delhi Police that were registered to probe charges of cyber fraud …

Delhi police crackdown on cyber fraud racket
1 month ago

Delhi police crackdown on cyber fraud racket

New Indian Express  

NEW DELHI: Delhi Police has dismantled a major racket of cybercriminals who defrauded people to the tune of nearly Rs 20 crore by creating fake identity documents of non-existent individuals, established shell companies, opened current bank accounts, and rented out these accounts for fraudulent purposes. This syndicate had been providing access to multiple current bank accounts to unknown cyber fraudsters …

CBI conducts searches in Delhi-NCR in connection with Rs 117 crore cyber fraud case
Trending News
1 month ago

CBI conducts searches in Delhi-NCR in connection with Rs 117 crore cyber fraud case

India TV News  

Cyber Fraud Case: The Central Bureau of Investigation conducted searches at 10 locations in Delhi and surrounding areas today in connection with an ongoing investigation of transnational cyber-enabled financial frauds involving Rs 117 crore, said officials. According to the CBI, the searches were conducted in an ongoing investigation into a case registered under Sections 403, 420 of the Indian Penal …

Cyber fraud case: CBI raids 10 places in Delhi, Gurugram following complaint by I4C
Trending News
1 month ago

Cyber fraud case: CBI raids 10 places in Delhi, Gurugram following complaint by I4C

New Indian Express  

NEW DELHI: The Central Bureau of Investigation on Wednesday conducted searches at 10 locations across Delhi and its adjoining areas in connection with its probe into a case linked to cyber fraud involving embezzlement of Rs 117 crore, officials said. A senior CBI official said, “The investigation so far has revealed that fraudsters operating from overseas use digital platforms such …

Pune man gets call for his involvement in credit card fraud, loses Rs 28 lakh in scam
1 month ago

Pune man gets call for his involvement in credit card fraud, loses Rs 28 lakh in scam

India Today  

In the past few months, there has been a sharp rise in cases of online scams in India. In this scam, fraudsters posing as fake police officials call victims, confine them to a room under the pretence of digital arrest, and instruct them not to communicate with anyone. The recently reported victim of this scam is a 76-year-old doctor from …

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