Hyderabad Man Loses over Rs 2 Lakh in Cyber Fraud
1 month, 1 week ago

Hyderabad Man Loses over Rs 2 Lakh in Cyber Fraud

Deccan Chronicle  

Hyderabad: A private employee, who wanted a personal loan from a leading financial institution, passed on sensitive information to a cyberfraudster and lost Rs 2,10,889 in the proces. The 51-year-old victim from Hyderabad had applied for a personal loan from a reputed financial institution. The scammer posing as representative of that company, told the victim that he was eligible for the personal loan and even sent him an approval letter to trick the gullible. The fraudster asked him to make payments towards insurance fee, GST, loan completion charges, processing fee, TDS charges, withdrawal activation charges, late payment fees, etc.

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History of this topic

Hyderabad police crack down on cyber fraud syndicates, 23 arrested
1 day, 10 hours ago

Hyderabad police crack down on cyber fraud syndicates, 23 arrested

India Today  

In a major operation against cybercriminals, the Cyber Crime Police Station, Hyderabad, has arrested 23 individuals involved in a network of financial fraud schemes across multiple states, including Uttar Pradesh, Gujarat, Maharashtra, Karnataka, and Andhra Pradesh. The crackdown was part of a coordinated effort by five specialised teams targeting organised fraud syndicates exploiting digital systems. The investigation uncovered a variety …

Mumbai cyber scam: Elderly woman tricked into transferring ₹1.5 cr to fraudsters; here is what happened
1 week, 1 day 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 …

Indore reports over 10,000 cyber fraud complaints in 2024: Rs 60 crore lost, Rs 12.5 cr recovered
1 week, 4 days ago

Indore reports over 10,000 cyber fraud complaints in 2024: Rs 60 crore lost, Rs 12.5 cr recovered

India TV News  

In a shocking revelation, online fraudsters have duped residents of Indore of Rs 60 crore in 2024, according to Additional Deputy Commissioner of Police Rajesh Dandotia. Fraudsters appropriated Rs 60 crore from victims, but we managed to retrieve and return Rs 12.5 crore,” ADCP Dandotia said on Monday. “Victims included professionals and even a former judge of the Madhya Pradesh …

Citizens lose ₹59 lakh in six fraud cases
1 week, 6 days ago

Citizens lose ₹59 lakh in six fraud cases

Hindustan Times  

Pune: Police have filed six cases, including five cyber crimes, with citizens losing ₹59 lakh to fraudsters. A 56-year-old resident of Tingarenagar on December 27 lodged a complaint with the Vishrantwadi police against a cyber cheat who defrauded her of ₹ 11.23 lakh coaxing her to invest in an online share trading market scheme. A 56-year-old resident of Tingarenagar on …

Cybercrimes in Telangana up by 18% this year: Report
2 weeks, 3 days ago

Cybercrimes in Telangana up by 18% this year: Report

Hindustan Times  

In Telangana, there has been an increase by 18% in cybercrime cases in 2024 compared to last year, but the monetary loss caused to the people went up by a 140%, an annual report released by the Telangana Cyber Security Bureau said. The Cyberabad area of Hyderabad registered the highest number of 25,112 cases, followed by the rest of Hyderabad, …

Ludhiana: Textile unit owner loses ₹86 lakh to cyber fraudsters
2 weeks, 3 days ago

Ludhiana: Textile unit owner loses ₹86 lakh to cyber fraudsters

Hindustan Times  

A textile unit owner’s firm in Ludhiana was duped of ₹86 lakh by a cyber fraudster. Victim Shrenik Jain, 58, a resident of Dr Sham Singh Road in Civil Lines and director of a textile firm, said that his accountant Amit Salaria received a WhatsApp message from an unknown number displaying his photo as the profile picture on December 17. …

Software engineer in Bengaluru loses Rs 11.8 crore to 'digital arrest' scam
2 weeks, 4 days 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 …

Cyber criminals defraud citizens of ₹1 crore in six cases
Trending News
2 weeks, 4 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 …

Software engineer in Bengaluru loses Rs 11.8 crore in digital arrest scam
2 weeks, 5 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 …

Woman loses Rs 31.6 lakh to cyber fraud in Godavarikhani, one held
2 weeks, 5 days ago

Woman loses Rs 31.6 lakh to cyber fraud in Godavarikhani, one held

Deccan Chronicle  

KARIMNAGAR: Cyber-crime officials nabbed Mohammad Awaad, 21, a Zomato delivery boy, for aiding cyber criminals in defrauding residents of Godavarikhani. DSP M. Venkataramana said that a complaint was filed by a woman from Sriramnagar Colony, who was deceived into depositing Rs 31.6 lakh under the guise of a part-time online job. Initially promised returns of Rs1,000 to Rs 2,000 for …

Citizens lose ₹64 lakh to cyber fraudsters
2 weeks, 6 days ago

Citizens lose ₹64 lakh to cyber fraudsters

Hindustan Times  

Police have recorded five cyber crime cases where fraudsters siphoned off ₹64 lakh from accounts of citizens. In the first case, a 47-year-old resident has lodged a complaint with the Warje police stating that unidentified fraudsters cheated him on the pretext of online share trading promising huge returns. In the second case, a 32-year-old woman from Wadgaonsheri was cheated of …

Hyderabad police refund Rs.5.25 lakh to businessman duped by cybercriminals
2 weeks, 6 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
3 weeks 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 …

Rs 2,047 cr lost in 2024, Karnataka set to buff up against cybercrime
3 weeks, 1 day ago

Rs 2,047 cr lost in 2024, Karnataka set to buff up against cybercrime

India Today  

Back in 2001, Karnataka was the first state in India to set up a cybercrime police station, in anticipation of an emerging threat. Now, as cybercrime reaches alarming proportions—the money lost to such frauds in Karnataka in 2024 is pegged at Rs 2,047 crore—the state government is doubling down on its approach to tackling the menace by setting up a …

Businessman’s instant cyber complaint helps in saving Rs.50 lakh in Hyderabad
3 weeks, 3 days ago

Businessman’s instant cyber complaint helps in saving Rs.50 lakh in Hyderabad

Deccan Chronicle  

Hyderabad: A 53-year-old businessman from Hyderabad approached the cybercrime unit two days ago stating that he received a WhatsApp message promoting trading on the PML Pro App. Upon follow-up, four transactions totaling Rs.50.87 lakh with UCO bank, categorized under layer-1, were successfully put on hold. In a public advisory, the police cautioned the people to avoid investments based on unsolicited …

TN Cyber Crime Investigation Centre arrest four for Rs 1.65 crore online scam
3 weeks, 3 days 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, …

Rs 700 cr lost in fraud in Cyberabad: Mohanty
3 weeks, 3 days ago

Rs 700 cr lost in fraud in Cyberabad: Mohanty

Deccan Chronicle  

HYDERABAD: FedEx, digital arrests, investment frauds, and so on, have made people residing in Cyberabad limits lose around Rs 700 crore to cybercrime this year, said Cyberabad police. To make more people aware of the existence of cybercrime and to curb this menace, the Cyberabad police has launched a brand-new initiative - Project P.R.O.T.E.C.T - Preventing Risks Online Through Education, …

Elderly woman in Bengaluru cheated of Rs 1.24 crore in cyber fraud
3 weeks, 4 days ago

Elderly woman in Bengaluru cheated of Rs 1.24 crore in cyber fraud

India Today  

An 83-year-old woman from Bengaluru was cheated of Rs 1.24 crore by fraudsters posing as law enforcement officials. The incident, which took place between October and November, came to light when the victim filed a complaint with the city cyber police after growing suspicious of the scammers’ activities. The FIR also detailed the four separate transactions made by the woman …

Police officer from Pune loses Rs 2.3 lakh after scanning QR code to pay at local bakery
3 weeks, 5 days ago

Police officer from Pune loses Rs 2.3 lakh after scanning QR code to pay at local bakery

India Today  

Online scams are becoming a growing menace in India. While cyber cells and police are urging citizens to stay cautious, in a surprising incident, a police constable from Pune himself fell victim to cyber fraud, losing Rs 2.3 lakh in a scam involving a QR code. According to the report, the investigation is ongoing, and police revealed that the victim …

Cyber fraud: Lucknow police recover, return ₹19 lakh to online scam victim
Trending News
3 weeks, 6 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
4 weeks 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 …

Victim's Prompt Action Saves him Losing Rs. 1.9Cr in OTP Fraud
4 weeks, 1 day ago

Victim's Prompt Action Saves him Losing Rs. 1.9Cr in OTP Fraud

Deccan Chronicle  

Hyderabad: In a strange cybercrime case, a city resident was about to lose Rs.1.9 crore in an OTP fraud. On Thursday morning, the victim started receiving OTPs purportedly from the bank he has an account with — AU Small Finance Bank. The victim reported the same to the bank, which froze Rs.1.5 crore payments. Investigating Officer Satish Reddy told Deccan …

Karnataka youth falls victim to ‘digital arrest’, scammers take ₹4.7 lakh loan in his name: Report
1 month ago

Karnataka youth falls victim to ‘digital arrest’, scammers take ₹4.7 lakh loan in his name: Report

Hindustan Times  

In yet another cybercrime case, a Mysuru youth has alleged that fraudsters tricked him into taking a ₹4.7 lakh loan and held him under "digital arrest" for 24 hours. According to a Times of India report, the victim has filed a complaint with the Cybercrime, Economic Offences, and Narcotics police station, alleging mental harassment as the financial company demands EMI …

Hyderabad City Cyber Crime Unit refunds Rs.35 lakh to two victims
1 month ago

Hyderabad City Cyber Crime Unit refunds Rs.35 lakh to two victims

Deccan Chronicle  

Hyderabad: The Hyderabad city cyber crime unit refunded Rs.35 lakh to the victims in two cases. In the second case, a complaint was received from a 76-year-old retired person from Hyderabad stating fraudsters deceived him by falsely implicating him in money laundering and digital arrest. The cyber crime unit worked diligently to issue notices to the bank officials, followed up …

Delhi police crackdown on cyber fraud racket
1 month, 1 week 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 …

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

Hyderabad bank manager saves elderly couple from Rs 30 lakh cyber fraud
1 month, 1 week ago

Hyderabad bank manager saves elderly couple from Rs 30 lakh cyber fraud

India Today  

A branch manager at the State Bank of India’s Lothukunta branch in Hyderabad prevented a senior citizen couple from falling victim to a Rs 30 lakh cyber fraud on Friday. Naveen Kumar, the branch manager, acted promptly after noticing unusual behaviour from a 78-year-old customer who had come to close his Senior Citizen Savings Scheme account. When the customer denied …

Two online cyber fraud cases reported in city
1 month, 1 week ago

Two online cyber fraud cases reported in city

Hindustan Times  

PUNE Two cases of online cyber fraud were lodged in the city on Thursday, said police. Two online cyber fraud cases reported in city A 28-year-old youth from Baner was defrauded of ₹10 lakh in a parcel fraud case and a case was lodged on November 27. In the first case, the victim received a call from Skype ID where …

CCU officials help two cybercrime victims get refund
1 month, 2 weeks ago

CCU officials help two cybercrime victims get refund

Deccan Chronicle  

Hyderabad:The city cybercrime unit refunded Rs 8,46,227 to two victims in separate cases. The CCU immediately on being approached registered a case under Section 66 of the IT Act and Sections 419 and 420 of the IPC and initiated an investigation. Inspector K. Prasad Rao sent notices to the bank officials and asked them to freeze the fraudulent amount. CCU …

IIT Bombay Student Duped Of Rs 7.29 Lakh In 'Digital Arrest' Scam
Top News
1 month, 2 weeks ago

IIT Bombay Student Duped Of Rs 7.29 Lakh In 'Digital Arrest' Scam

ABP News  

Mumbai: An IIT Bombay student lost Rs 7.29 lakh after a fraudster posed as a Telecom Regulatory Authority of India employee and coerced him into paying the money by intimidating him under the pretext of 'digital arrest', news agency PTI quoted police as saying. 'Digital arrest' is a new and growing form of cyber fraud in which fraudsters pose as …

IIT Bombay student gets fake threat of ‘digital arrest', loses ₹7 lakh
Trending News
1 month, 2 weeks ago

IIT Bombay student gets fake threat of ‘digital arrest', loses ₹7 lakh

Hindustan Times  

A student from Indian Institute of Technology Bombay became the latest victim of a growing cyber fraud known as "digital arrest," losing a staggering ₹7.29 lakh to a scammer posing as a Telecom Regulatory Authority of India employee. The caller posed as an employee of the TRAI and informed him that 17 complaints of illegal activities were registered against his …

IIT Bombay student loses ₹7 lakh in 'digital arrest' scam
1 month, 2 weeks ago

IIT Bombay student loses ₹7 lakh in 'digital arrest' scam

Hindustan Times  

An IIT Bombay student lost ₹7.29 lakh after a fraudster posed as a Telecom Regulatory Authority of India employee and coerced him into paying the money by intimidating him under the pretext of 'digital arrest', police said on Tuesday. An IIT Bombay student lost over ₹ 7 lakh in the new 'digital arrest' scam 'Digital arrest' is a new and …

Cyber Sleuths Recover and Refund Rs 3.5 Lakh to Three Victims
1 month, 2 weeks ago

Cyber Sleuths Recover and Refund Rs 3.5 Lakh to Three Victims

Deccan Chronicle  

Hyderabad:In three separate cybercrime cases, Hyderabad sleuths refunded ₹3.5 lakh to victims of credit card fraud and central government scheme fraud. The caller informed that he was eligible for a credit card and the victim provided him with sensitive information leading to fraudulent transactions from his bank account. The other two cases pertained to a central government scheme fraud and …

Telangana: Fraudsters Use Central Schemes to Dupe People
1 month, 2 weeks ago

Telangana: Fraudsters Use Central Schemes to Dupe People

Deccan Chronicle  

Hyderabad: Cyberfraudsters have adopted a modus operandi to cheat gullible people using the Central government schemes related to health, loans and employment generation. According to a police officer, “Scammers often use tactics such as asking victims to pay some money to access benefits under these government schemes. Once they run the APK file, it downloads malware which snaps away the …

Telangana Cyber Sleuths Nab Scammer in Rs 8.14 Cr Trading Fraud
1 month, 2 weeks ago

Telangana Cyber Sleuths Nab Scammer in Rs 8.14 Cr Trading Fraud

Deccan Chronicle  

Hyderabad: Sleuths from Telangana Cyber Security Bureau arrested a fraudster from Chittigarh in Rajasthan for a trading fraud in which a victim lost over Rs 8.14 crore. “We formed special teams and identified the accused through his server as Sharvan Kumar Sharma alias Shravan Kumar Sharma and arrested him from his house in Rajasthan,” Shikha said. During interrogation the accused …

Hyderabad: SBI Averts Digital Arrest, Saves Rs 46 Lakh of Customer
1 month, 2 weeks ago

Hyderabad: SBI Averts Digital Arrest, Saves Rs 46 Lakh of Customer

Deccan Chronicle  

Hyderabad: The staff of the State Bank of India, Chandrayangutta branch, rescued a senior citizen from the new fraud called ‘digital arrest’ and stopped him from transferring Rs 46 lakh to scamsters on Friday, a bank official said. The victim, a retired PSU employee, visited the branch with his wife and presented a cheque at the counter to transfer Rs …

Hyderabad Man Loses Rs 5 Lakh in Courier Scam
Trending News
1 month, 2 weeks ago

Hyderabad Man Loses Rs 5 Lakh in Courier Scam

Deccan Chronicle  

Hyderabad: A 44-year-old private company employee from the city was duped in a courier fraud. The caller told the victim that a parcel booked to his name from Mumbai to Singapore contained 150 strips of LSD. The caller then transferred the call to a person who posed as an official from Mumbai narcotics department who directed the victim to install …

Telangana: Scammer posing as fake supplier, defrauds business man of Rs 6 lakh
1 month, 3 weeks ago

Telangana: Scammer posing as fake supplier, defrauds business man of Rs 6 lakh

Deccan Chronicle  

Hyderabad: A businessman from Keesara, who was looking for coconut suppliers, ended upcontacting a scammer and lost money to the tune of Rs 6.5 lakh after finalising a deal with the swindler. The victim a 40-year-old trader Santosh T. was searching for coconut supplier online, and stumbled upon a fraudster Sharath. To appear things real, Sharath showed fake quotations and …

Digital arrest: Man from Assam held for swindling Rs 92 lakh
1 month, 3 weeks ago

Digital arrest: Man from Assam held for swindling Rs 92 lakh

New Indian Express  

CHENNAI: A 38-year-old man from Assam was arrested by the cyber crime wing of the Central Crime Branch Chennai on charges of swindling Rs 92 lakh from a central government employee in a digital arrest scam. The caller claimed that the victim’s Aadhaar-linked mobile number was involved in money laundering and an arrest warrant was issued against him. The police …

Hyderabad Cybercrime cops help credit card fraud victim recover Rs 1.18 lakh
1 month, 3 weeks ago

Hyderabad Cybercrime cops help credit card fraud victim recover Rs 1.18 lakh

Deccan Chronicle  

Hyderabad: The city cyber crime unit cops helped a cyberfraud victim get back `1.18 lakh which he had lost to a scamster. According to the CCU police, the victim was responding to a call from the fraudster who offered to increase the credit card limit and collected his details. The victim approached the police station on Wednesday following which the …

Telangana Cyber Bureau's state-wide crackdown helps solve 2,702 all-India cases
1 month, 4 weeks ago

Telangana Cyber Bureau's state-wide crackdown helps solve 2,702 all-India cases

India Today  

In a significant move against cybercrime, the Telangana Cyber Security Bureau recently arrested 48 suspects linked to a widespread cybercrime network. The statewide crackdown, conducted in collaboration with local law enforcement, targeted suspects involved in 508 cases in Telangana and over 2,194 cases across India, amounting to financial losses of more than Rs 8.16 crore. Suspects face charges under various …

Rs 111 crore, 623 bank A/Cs, 25 arrests: The cyber-fraud that stunned Surat police
1 month, 4 weeks ago

Rs 111 crore, 623 bank A/Cs, 25 arrests: The cyber-fraud that stunned Surat police

India Today  

The Surat police have busted a major gang laundering money extorted from victims of ‘digital arrest’ around the country and even overseas. The police detected that lakhs of money parted with by cyber-fraud victims were first landing in a ‘mule account’, functional on ‘rooted devices’ operated from outside India. From Mota Varachha and Sarthana areas of Surat, the police recovered …

Crime in Mumbai: How cyber conmen drive their victims into debt
1 month, 4 weeks ago

Crime in Mumbai: How cyber conmen drive their victims into debt

Hindustan Times  

MUMBAI: Cyber scammers have found a new way to con people – saddling them with loans they never took. Police said the fraudsters sometimes lure their victims with the promise of massive profits, blackmail them via digital arrests and other means, or gain access to their victims’ phones remotely via software applications. They proceed to use the sensitive information they …

Hyderabad police ask people not to share confidential details
1 month, 4 weeks ago

Hyderabad police ask people not to share confidential details

Deccan Chronicle  

Hyderabad: The Hyderabad police on Tuesday issued a caution asking the people not to share confidential details with anyone, even with the family members and friends. In a public advisory, Deputy Commissioner of Police, Hyderabad cybercrime unit, Dara Kavitha, advised the people not to share user ID, password, debit card number, PIN, card verification value and OTP etc. The victim …

Hyderabad SBI Staff Averts Rs 13 Lakh Cyber Fraud
2 months ago

Hyderabad SBI Staff Averts Rs 13 Lakh Cyber Fraud

Deccan Chronicle  

Hyderabad: Alert staff of the State bank of India, AC Guards, averted a Rs 13 lakh cyberfraud against one of their customers, after noticing that he was continuously talking on a WhatsApp call and seemed to been under stress. The bank staff sensed that he was under a cyber attack and brought it to the notice of the branch manager. …

Investment Fraudsters Using IT and ED Names to Instill Fear Among Victims
2 months ago

Investment Fraudsters Using IT and ED Names to Instill Fear Among Victims

Deccan Chronicle  

Hyderabad: In what is a matter of serious concern, there has been a major increase in investment scams that have led many victims to lose crores. The street-smart fraudsters have been adopting a new modus operandi to instill fear among the potential victims-they are using names of ED and IT department. Speaking about the hapless victim, Hyderabad CCS sub-inspector Venkatadri …

Fraudsters dupe elderly with 0% loan offer
2 months ago

Fraudsters dupe elderly with 0% loan offer

Deccan Chronicle  

HYDERABAD: A 62-year-old businessman from Hyderabad was flooded with calls between August 9 and November 3, offering a loan at a zero per cent interest rate if he bought an insurance policy worth Rs 10 lakh. The representatives, claiming to be from a finance company, provided details via WhatsApp and asked the victim to submit an application form for a …

Hyderabad man loses ₹1.73 lakh trying to get 0% interest loan on insurance policy worth ₹10 lakh
2 months ago

Hyderabad man loses ₹1.73 lakh trying to get 0% interest loan on insurance policy worth ₹10 lakh

The Hindu  

A 62-year-old businessman from the city became the latest victim of a scam which offered a 0% interest loan on an insurance policy worth ₹10 lakh. The fraudsters, posing as representatives of Bajaj Finance Company, asked the victim to submit an application form through WhatsApp for India First Life Insurance’s ‘Guaranteed Pension Plan’. Later, the scamsters demanded ₹56,050 for a …

Two from Hyderabad, including government employee, lose ₹50 lakh in separate scams
2 months ago

Two from Hyderabad, including government employee, lose ₹50 lakh in separate scams

The Hindu  

A 55-year-old government employee from Hyderabad lost ₹48 lakh in an impersonation fraud. The victim received a call from a fraudster posing as a CBI officer in Delhi, who accused him of being involved in a money laundering case. The fraudster said that transactions worth ₹20 crore to ₹30 crore were carried out through the victim’s Bank of Baroda account …

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