Bengaluru woman loses ₹2 crore: ‘High return’ stock trading scheme turns into cyber fraud
1 month, 1 week ago

Bengaluru woman loses ₹2 crore: ‘High return’ stock trading scheme turns into cyber fraud

Live Mint  

A 75-year-old woman in Bengaluru became a victim of a ₹2 crore cyber fraud after the cybercriminals lured her in, promising a high return investment plan from the Indian stock market, reported the news portal Times on India on February 7. In addition to the fraud, the woman allegedly paid 15 per cent to the fraudsters as a commission and attempted to withdraw her investment. After multiple discussions, Girivasan Iyengar and Aisha Sithika, who were allegedly from the customer service team of Kem Securities, persuaded the elderly woman to transfer ₹2 crore through several bank accounts. After investing in the deal, when the woman attempted to withdraw her funds on January 31, the fraudsters allegedly demanded a 15 per cent commission and transaction fees on the return, assuring that the amount would be credited within two days, as per the report.

Bengaluru Fraud Cyber Fraud Woman  cyber  commission  fraudsters  scheme  victim  securities  stock  return  allegedly  withdraw  fraud  loses  turns  sithika  high  trading  woman

History of this topic

Woman from Hyderabad loses ₹2.19 lakh in a credit card scam
1 day, 17 hours ago

Woman from Hyderabad loses ₹2.19 lakh in a credit card scam

The Hindu  

A 46-year-old homemaker from Hyderabad was duped of ₹2.19 lakh in a credit card scam after being tricked by a fraudster posing as a bank representative. The victim received a call from an unknown number, where the caller claimed that her Credit Card Protection Plan was about to be deactivated. Shortly after, the fraudster gained access to her mobile phone, …

Elderly woman loses ₹20 crore to 'digital arrest' fraud; 3 held
Trending News
1 day, 17 hours ago

Elderly woman loses ₹20 crore to 'digital arrest' fraud; 3 held

The Hindu  

An 86-year-old woman from south Mumbai lost more than ₹20 crore of her savings over two months to a 'digital arrest' fraud, police said on Thursday. The fraudsters asked the elderly woman to share with them her bank details under the pretext of verifying funds of her account which were connected to criminal activity, the official said. While investigating the …

Elderly woman loses ₹20 crore to 'digital arrest' fraud; 3 held
Trending News
1 day, 21 hours ago

Elderly woman loses ₹20 crore to 'digital arrest' fraud; 3 held

Hindustan Times  

Mumbai, An 86-year-old woman from south Mumbai lost more than ₹20 crore of her savings over two months to a 'digital arrest' fraud, police said on Thursday. Elderly woman loses ₹ 20 crore to 'digital arrest' fraud; 3 held One of the fraudsters posed as a 'CBI officer' to extort money from the woman, they said, adding three persons have …

Ramanathapuram police recover ₹5 lakh lost by youth to cyber fraud
2 days, 15 hours ago

Ramanathapuram police recover ₹5 lakh lost by youth to cyber fraud

The Hindu  

Ramanathapuram Superintendent of Police G. Chandeesh recently handed over the recovered ₹5 lakh cash to a victim that was lost due to a cyber fraud. Pasupathi, aged 30, of Ilamanur, in February came across a post on social media platform, Instagram, about investments in crypto currency. As he was sent account details of a private bank, the victim as instructed …

Citizens cheated of ₹31.35 lakh in cyber fraud cases
Trending News
3 days, 5 hours ago

Citizens cheated of ₹31.35 lakh in cyber fraud cases

Hindustan Times  

Three cases of cyber frauds were lodged in the city on March 17, where fraudsters duped citizens collectively of ₹31.35 lakh. In the first case, the Alankar Police have lodged a case against a nationalised bank manager for calling up a bank customer urging him to complete the Know your customer process and instead fraudulently transferred ₹8.60 lakh from the …

Bengaluru man falls for ‘Kumbh Mela crisis’ scam, loses ₹1.4 lakh to fake BBMP engineer: Report
Trending News
4 days ago

Bengaluru man falls for ‘Kumbh Mela crisis’ scam, loses ₹1.4 lakh to fake BBMP engineer: Report

Hindustan Times  

A Bengaluru resident lost ₹1.4 lakh to a scammer who posed as a BBMP engineer in distress, claiming to be stranded at the Kumbh Mela in Prayagraj. According to a report by Times of India, the victim, a 54-year-old private firm employee from Banashankari, was drawn into the fraud after his friend received a call from an unknown number on …

86-year-old Mumbai woman loses Rs. 20.25 crore in yet another cyber scam
Trending News
4 days, 21 hours ago

86-year-old Mumbai woman loses Rs. 20.25 crore in yet another cyber scam

Hindustan Times  

An 86-year-old woman in Mumbai became yet another victim of cyber fraud and a digital arrest scam, losing over ₹20 crore after getting a call about misuse of her Aadhaar card. 20.25 crore In the initial call that set the whole scam up, the caller told the victim that her Aadhaar card and other personal information had been used to …

Hyderabad woman duped of ₹2.8 crore by brother in fake coffee scheme using Chris Gayle’s name: Report
6 days, 1 hour ago

Hyderabad woman duped of ₹2.8 crore by brother in fake coffee scheme using Chris Gayle’s name: Report

Hindustan Times  

A 60-year-old Hyderabad businesswoman was allegedly duped of ₹2.8 crore by six people, including her brother, through a fake coffee powder company, with fraudsters falsely claiming West Indies cricketer Chris Gayle as a promoter to attract investments, The Times of India reported. Chris Gayle, West Indies cricketer In her criminal complaint, the woman accused six individuals, including her brother, of …

Cyber fraud losses in India have surge nearly 10-fold in a decade: finance ministry
1 week, 4 days ago

Cyber fraud losses in India have surge nearly 10-fold in a decade: finance ministry

Live Mint  

New Delhi: Losses due to cyber frauds have surged nearly 10-fold in a decade, Pankaj Chaudhary, minister of state in the Union finance ministry, said on Monday. Responding to a question in the Lok Sabha, Chaudhary said losses due to cyber frauds increased to ₹177.05 crore in 2023-24 from ₹18.46 crore in 2014-15. In the first nine months of FY25, …

Cyber fraud being operated from fake call centre in city busted; 63 arrested
2 weeks, 1 day ago

Cyber fraud being operated from fake call centre in city busted; 63 arrested

Deccan Chronicle  

Hyderabad: Officials from the Telangana Cyber Security Bureau on Thursday busted a major cyberfraud operation running out of a fake call centre in Hi-Tec City, Madhapur, with the arrest of 63 persons including women from the northeast. According to officials, the accused, working at Exito Solutions, a fake call centre, impersonated customer care representatives of PayPal to deceive victims. Using …

Software engineer duped of ₹29.97 lakh in job fraud
2 weeks, 2 days ago

Software engineer duped of ₹29.97 lakh in job fraud

Hindustan Times  

A woman software engineer was allegedly duped of ₹29.97 lakh by cyber fraudsters who promised her a well-paying job in a foreign country. As per the complaint filed by the victim, on Tuesday a case has been filed against accused Harsh Mishra, Shivansh Patariya, Avinash Mishra, and one more unknown individual under BNS sections 316 318 3 and sections 66 …

Cyberabad police arrest key suspect in ₹14 crore investment fraud targeting 200 investors
2 weeks, 3 days ago

Cyberabad police arrest key suspect in ₹14 crore investment fraud targeting 200 investors

The Hindu  

A man accused of duping around 200 individuals of ₹14 crore in large-scale investment fraud was arrested by the Economic Offences Wing of Cyberabad police on Tuesday. Another scheme assured investors that the same deposit amount would provide a monthly return of ₹20,000 for ten months, again amounting to ₹2 lakh, with a similar deduction. A third scheme offered land …

Cybercrime may cost India Rs 20,000 core in 2025; banking, e-com most vulnerable
2 weeks, 4 days ago

Cybercrime may cost India Rs 20,000 core in 2025; banking, e-com most vulnerable

India Today  

The menace of cybercrime continues to target more Indians and heavy losses. Bengaluru-based cybersecurity firm CloudSEK, after analysing data related to more than 5000 now-defunct malicious website domains and instances of abuse of over 16000 brands, has predicted that Indians and Indian companies could lose Rs 20,000 crore to cybercrimes in 2025. Scams related to brand impersonation alone could cost …

Woman loses over ₹51 lakhs in fake stock market scheme in Noida
2 weeks, 4 days ago

Woman loses over ₹51 lakhs in fake stock market scheme in Noida

Hindustan Times  

Noida, A woman was allegedly defrauded of over ₹51 lakh into a stock trading scam, promising a handsome return, police said on Monday. Woman loses over ₹ 51 lakhs in fake stock market scheme in Noida They said the victim, Meenu Rani of Greater Noida, lodged a complaint with the Cyber Crime police station on Saturday. Deputy Commissioner of Police …

Bitcoin India Wallet and Exchange owner held for duping man of ₹8.5 lakh
3 weeks, 6 days ago

Bitcoin India Wallet and Exchange owner held for duping man of ₹8.5 lakh

The Hindu  

The cybercrime unit of Hyderabad police on Saturday arrested a fraudster who duped a person of ₹8.5 lakh in a cryptocurrency fraud through his digital trading platform. Ltd., under the guise of a legitimate trading platform through Bitcoin India Wallet and Exchange application and website. The case came to light when a 35-year-old resident of Jubilee Hills lodged a complaint …

Refund in cyber frauds just 0.48 per cent in Andhra Pradesh
1 month ago

Refund in cyber frauds just 0.48 per cent in Andhra Pradesh

New Indian Express  

VIJAYAWADA: Andhra Pradesh has recorded a dismal 0.48% refund of lost money in cyber frauds to victims in 2024. Of the total Rs 974.12 crore lost in cyber frauds that took place from January 1 to December 31, 2024, the cybercrime police stations in the 26 districts of the State have only recovered Rs 4.75 crore, which amounts to a …

₹62.46 lakh refunded to cyber fraud victims through court orders in Hyderabad
1 month ago

₹62.46 lakh refunded to cyber fraud victims through court orders in Hyderabad

The Hindu  

The Hyderabad Cyber Crime Police facilitated the refund of ₹62,46,900 to victims of online fraud in 16 cases, following court directives. The modus operandi in these scams ranged from false investment promises to impersonation tactics designed to deceive victims into transferring money. “Of the 16 cases, eight were related to stock trading and investment scams, where victims were lured with …

Two Taiwanese sent in eight-day police custody in online fraud case
1 month ago

Two Taiwanese sent in eight-day police custody in online fraud case

The Hindu  

The Judicial First Class Magistrate Court, Cherthala, on Wednesday sent two Taiwanese men in police custody for eight days in connection with an online fraud that led to a doctor couple from Cherthala in Alappuzha losing ₹7.65 crore last year. Five held Last year, investigators arrested five people, including Bhagawan Das from Karnataka and Nirmal Jain from Rajasthan and three …

Online frauds pocket ₹54 lakh from two in Kalaburagi
1 month ago

Online frauds pocket ₹54 lakh from two in Kalaburagi

The Hindu  

Despite several awareness drives by the cyber police, people continue to fall prey to online frauds. In the latest of such crimes, two people from Kalaburagi were cheated of ₹54 lakh in as many incidents by fraudsters and two cases have been registered at the Cyber, Economic Offences and Narcotics Police here. In one of the cases, a resident of …

Fake Instagram ‘astrologer’ tricks Bengaluru woman into paying ₹6 lakh for love marriage pujas: Report
1 month ago

Fake Instagram ‘astrologer’ tricks Bengaluru woman into paying ₹6 lakh for love marriage pujas: Report

Hindustan Times  

A 24-year-old woman was duped out of ₹5.9 lakh after a man pretending to be an astrologer promised to help remove "obstacles" in her future love marriage, Times of India reported. A 24-year-old Bengaluru woman lost ₹ 5.9 lakh to a fake astrologer who promised to help with her love marriage. The man who called himself Vijay Kumar, predicted that …

Half-priced dreams, full-priced nightmares: Why are Keralites such easy prey for scamsters?
1 month ago

Half-priced dreams, full-priced nightmares: Why are Keralites such easy prey for scamsters?

New Indian Express  

During the fag-end of 2024, a 45-year-old man from Kerala lost a staggering Rs 4.05 crore over a two-and-a-half month period to a cyber scam. Earlier, in September 2024, a scamster hailing from Rajasthan cheated a Kozhikode doctor to the tune of Rs 4.08 crore. Kerala police said that during the year 2023, a total of 23,753 people in the …

Thiruvananthapuram City police launch probe into cybercrime
1 month ago

Thiruvananthapuram City police launch probe into cybercrime

The Hindu  

The City Cyber police have launched an investigation into a case where an online scam led to a city resident being defrauded of ₹1.84 crore. The victim was reportedly tricked by scammers who posed as officials from the Telecom Regulatory Authority of India and falsely claimed that he was involved in a money laundering case. According to the police, the …

Woman loses Rs 1.2 crore in investment scam, says I had no option but to deposit money
1 month, 1 week ago

Woman loses Rs 1.2 crore in investment scam, says I had no option but to deposit money

India Today  

A 61-year-old government official from Shahdara fell victim to a large-scale investment scam, losing Rs 1.2 crore to fraudsters posing as representatives of a fake UK-based online shopping platform. The scam was initiated through a fake social media profile that the woman believed to be genuine, The Times of India reported. Trusting the scammer, the woman registered on the fake …

Cyber Fraudster Dupe Rs 25 Lakh, Nabbed
1 month, 1 week ago

Cyber Fraudster Dupe Rs 25 Lakh, Nabbed

Deccan Chronicle  

Hyderabad: City cybercrime officials have arrested a fraudster named Cheruku Naveen, 33, for orchestrating 87 part-time job and investment frauds across the country, including 14 in Telangana. According to DCP CCS Dara Kavitha, a 41-year-old victim received a WhatsApp message offering a part-time job reviewing Google Maps. City cybercrime officials urge citizens to remain cautious of fraudulent job and investment …

Posing as officials from Tamil Nadu, Karnataka, Kerala fraudsters dupe Ludhiana-based firm of ₹1.3 cr
1 month, 1 week ago

Posing as officials from Tamil Nadu, Karnataka, Kerala fraudsters dupe Ludhiana-based firm of ₹1.3 cr

Hindustan Times  

Posing as government officials from Tamil Nadu, Karnataka and Kerala, fraudsters duped the owner of a Ludhiana-based firm of ₹1.38 crore on the pretext of helping him in securing a tender of supplying bicycles to the three states. Posing as government officials from Tamil Nadu, Karnataka and Kerala, fraudsters duped the owner of a Ludhiana-based firm of ₹ 1.38 crore …

Ludhiana: Teen loses ₹16 lakh to cyber fraud in fake investment scam
Trending News
1 month, 1 week ago

Ludhiana: Teen loses ₹16 lakh to cyber fraud in fake investment scam

Hindustan Times  

An 18-year-old boy lost ₹16.08 lakh to cyber fraudsters, who duped him under the guise of stock market investment. The teenager, who had received the money from his father for college entrance exams and fee, was added to a WhatsApp group where fake investment profits were shown to lure him into further transactions. An 18-year-old boy lost ₹ 16.08 lakh …

Ludhiana: Teen loses ₹16 lakh to cyber fraud in fake investment scam
1 month, 1 week ago

Ludhiana: Teen loses ₹16 lakh to cyber fraud in fake investment scam

Hindustan Times  

An 18-year-old boy lost ₹16.08 lakh to cyber fraudsters, who duped him under the guise of stock market investment. The teenager, who had received the money from his father for college entrance exams and fee, was added to a WhatsApp group where fake investment profits were shown to lure him into further transactions. An 18-year-old boy lost ₹ 16.08 lakh …

Noida family kept under ‘digital arrest’ for 5 days, loses over ₹1 crore in scam
1 month, 1 week ago

Noida family kept under ‘digital arrest’ for 5 days, loses over ₹1 crore in scam

Hindustan Times  

A family in Uttar Pradesh's Noida lost over ₹1 crore after being held under ‘digital arrest’ for five days by unidentified persons posing as government officials, news agency PTI reported, citing police on Monday. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Explaining the scam, police said, “'Digital arrest' is a new cyber fraud, where the accused pose as law enforcement agency officials, like …

Noida family kept under ‘digital arrest’ for 5 days, loses over ₹1 crore in scam
1 month, 1 week ago

Noida family kept under ‘digital arrest’ for 5 days, loses over ₹1 crore in scam

Hindustan Times  

A family in Uttar Pradesh's Noida lost over ₹1 crore after being held under ‘digital arrest’ for five days by unidentified persons posing as government officials, news agency PTI reported, citing police on Monday. Explaining the scam, police said, “'Digital arrest' is a new cyber fraud, where the accused pose as law enforcement agency officials, like CBI or customs officials, …

81-year-old Chandigarh woman duped of ₹95 lakh over phone by ‘CBI officers’
1 month, 1 week ago

81-year-old Chandigarh woman duped of ₹95 lakh over phone by ‘CBI officers’

Hindustan Times  

An 81-year-old woman, wife of a retired army officer, fell victim to a sophisticated cyber fraud, losing ₹95 lakh from her retirement account after fraudsters posing as CBI and RBI officials manipulated her into transferring the money. Upon realising the fraud, the victim visited the Cyber Crime police station in Sector 17, Chandigarh, and lodged a formal complaint on January …

Kerala government allocates Rs 2 crore to combat cyberbullying, online financial fraud
1 month, 1 week ago

Kerala government allocates Rs 2 crore to combat cyberbullying, online financial fraud

New Indian Express  

KOCHI: With cyber crimes and online financial fraud on the rise in the state, serious attention by authorities to counter cyber bullying and conduct financial-literacy campaigns was seen as the need of the hour. The government also allocated Rs 2 crore for financial-literacy campaigns and a comprehensive financial conclave to tackle investment and financial fraud. “The government must take urgent …

Woman loses ₹5.6 crore in online investment scam
1 month, 1 week ago

Woman loses ₹5.6 crore in online investment scam

The Hindu  

The City Cybercrime police have registered an FIR against two persons who, posing as investment advisors, allegedly lured a city-based woman and cheated her of ₹5.6 crore. Based on the complaint by the victim from Nagarabhavi, the Cybercrime police charged the accused identified as Veeresh Gupta and Ayan Joseph under various sections of the IT Act, and BNS for cheating …

Who is Asmita Patel? YouTuber dubbed as ‘She-Wolf of Stock Market’ faces SEBI ban
1 month, 1 week ago

Who is Asmita Patel? YouTuber dubbed as ‘She-Wolf of Stock Market’ faces SEBI ban

Hindustan Times  

The Securities and Exchange Board of India has banned YouTuber Asmita Jitesh Patel and her trading school for offering unregistered investment advice. The outlet added that investors lost crores after following her “stock tips.” YouTuber Asmita Jitesh Patel and her trading school faced a SEBI ban. SEBI impounded an amount of ₹53.6 crore from Asmita Patel, her Global School of …

Fraudster held for ‘digitally arresting’ IIT-Delhi student, cheating him of ₹4.3 lakh
1 month, 2 weeks ago

Fraudster held for ‘digitally arresting’ IIT-Delhi student, cheating him of ₹4.3 lakh

The Hindu  

The Delhi police arrested a cyber fraudster for placing an IIT-Delhi student under digital arrest and duping him of ₹4.3 lakh, an officer said on Thursday. DCP Surendra Choudhary said that in his complaint, the fourth-year engineering student mentioned that on November 16, he received a call from an individual claiming to be from a courier service. When the student …

Bengaluru police arrest cyber fraudsters in Mysuru
1 month, 3 weeks ago

Bengaluru police arrest cyber fraudsters in Mysuru

The Hindu  

The Bengaluru police cracked down on a cyber fraudster ring operating out of Mysuru which was involved in cheating people through social media platforms. After a few days, the person said he would transfer ₹7.85 lakh to the victim’s account to avoid being taxed, asking the victim to return it once he returned to India. The fraudsters sent a fake …

Two from Coimbatore duped of over ₹71 lakh by cyber fraudsters
1 month, 3 weeks ago

Two from Coimbatore duped of over ₹71 lakh by cyber fraudsters

The Hindu  

Two persons from Coimbatore were cheated of a total of ₹71,29,000 after they fell into the traps of cyber fraudsters. The septuagenarian received a call from an unknown person, who impersonated a CBI officer and told him that a First Information Report has been registered against him at the Andheri police station in Maharashtra, for having been involved in money …

Bengaluru Woman Claims She Lost Rs 2 Lakh Via Phone Scam Despite Not Sharing Details. Here's What Happened
1 month, 3 weeks ago

Bengaluru Woman Claims She Lost Rs 2 Lakh Via Phone Scam Despite Not Sharing Details. Here's What Happened

ABP News  

A 57-year-old woman from Bengaluru fell victim to a meticulously planned phone scam that cost her Rs 2 lakh. The incident, which took place on January 20, involved an automated call imitating a nationalised bank’s Interactive Voice Response system, raising concerns about evolving cybercrime techniques. Unlike traditional scams where criminals lure victims into sharing sensitive bank details such as account …

₹7 crore belonging to Swiggy misused for online betting, 23-year-old booked
1 month, 3 weeks ago

₹7 crore belonging to Swiggy misused for online betting, 23-year-old booked

Hindustan Times  

Police in Bengaluru have booked a 23-year-old employee of a financial services company for allegedly misusing ₹7 crore belonging to Swiggy. According to The Hindu, Ashok Nagar police booked the 23-year-old for using Swiggy’s money to invest in an online betting company. Here’s what happened Srikant K, an employee of the unnamed financial services company, was charged under criminal breach …

In a first, Bengaluru woman loses ₹2 lakh after pressing ‘1’ on fake IVR call: Report
Trending News
1 month, 3 weeks ago

In a first, Bengaluru woman loses ₹2 lakh after pressing ‘1’ on fake IVR call: Report

Hindustan Times  

A Bengaluru woman fell victim to a sophisticated cyber scam, losing ₹2 lakh after responding to an automated phone call that mimicked a bank’s official Interactive Voice Response system. The pre-recorded message claimed that ₹2 lakh was being transferred from her account and prompted her to confirm or dispute the transaction by pressing specific keys, the report added. While traditional …

Hyderabad police bust Rs 93 lakh trading fraud, three arrested
1 month, 3 weeks ago

Hyderabad police bust Rs 93 lakh trading fraud, three arrested

Deccan Chronicle  

The cyber crime unit of Hyderabad police busted a Rs 93 lakh trading fraud and arrested two employees of private sector banks and a business man for their alleged involvement. The trading fraud involves cyber criminals operating in India, Nepal and China, who lured gullible people to make investments in stocks, a police release said on Wednesday. It said the …

Hyderabad police nabs 52 persons including 3 senior bank officials in cybercrime cases
1 month, 3 weeks ago

Hyderabad police nabs 52 persons including 3 senior bank officials in cybercrime cases

Deccan Chronicle  

Hyderabad: Hyderabad cyber police detected a massive online trading fraud amounting to Rs 23 crores, which is being operated across India, Nepal and China, and arrested three bank officials from two different banks from Bengaluru. According to Hyderabad police commissioner C.V. Anand, fraudulent transactions with Rs 23 crore were routed through accounts created and managed by the accused, who are …

Puducherry cybercrime cops crack network extorting money from loan app users
1 month, 3 weeks ago

Puducherry cybercrime cops crack network extorting money from loan app users

New Indian Express  

PUDUCHERRY: Puducherry Cyber Crime police have uncovered a major cyber fraud network that has allegedly extorted hundreds of crores of rupees from victims across India through instant loan applications, and arrested a Kerala man, who had Rs 10.65 crore credited to his bank accounts. The probe began in 2023 when Andrews, a resident of Puducherry, registered a complaint alleging he …

Hyderabad: Retired Govt Official and Private Employee Fall Prey to Investment Fraud
1 month, 3 weeks ago

Hyderabad: Retired Govt Official and Private Employee Fall Prey to Investment Fraud

Deccan Chronicle  

Hyderabad: The Rachakonda cybercrime police are investigating two separate cases where a retired assistant director of school education and a private employee lost Rs 3.5 lakh and Rs 17.4 lakh, respectively, to investment frauds. In the first case, a 61-year-old retired assistant director from the Uppal area reported unauthorised stock market transactions. In the second case, a private employee fell …

₹4.14 crore lost to cyber fraud returned to victims in 2024: Puducherry police
1 month, 3 weeks ago

₹4.14 crore lost to cyber fraud returned to victims in 2024: Puducherry police

The Hindu  

The cybercrime wing of the Puducherry police received 3,129 complaints pertaining to cyber fraud in 2024. According to a police official, a total of ₹46.08 crore was lost by victims to cyber fraud last year as against ₹10.83 crore in 2023. Police sources said that online trading, online part-time job fraud, fedex courier scam, and instant loan app fraud were …

Bengaluru techie duped of ₹2.8 cr as scammers gift cloning-app-embedded smartphone: Report
2 months ago

Bengaluru techie duped of ₹2.8 cr as scammers gift cloning-app-embedded smartphone: Report

Hindustan Times  

In a shocking case of cybercrime, scammers posing as bank officials duped a techie in Bengaluru’s Whitefield of ₹2.8 crore by gifting him a smartphone equipped with a cloning app, reported The Times of India. According to the report, the victim received a call on November 27, 2024, from a man called Rohit Jain, who called himself a representative of …

Bengaluru: 3 Arrested For Rs 11.8 Cr 'Digital Arrest' Scam; Kingpin Believed To Be In Dubai
2 months ago

Bengaluru: 3 Arrested For Rs 11.8 Cr 'Digital Arrest' Scam; Kingpin Believed To Be In Dubai

ABP News  

The police have arrested three individuals for allegedly defrauding a software engineer of Rs 11.8 crore in a 'digital arrest' scam that took place in November last year. The victim, 39-year-old Vijay Kumar, was reportedly kept in 'digital arrest' for nearly a month, during which he was coerced into transferring the money, as per a report on PTI. The caller …

Online investment fraud: Mangaluru and Udupi residents lose over ₹27 lakh
2 months ago

Online investment fraud: Mangaluru and Udupi residents lose over ₹27 lakh

The Hindu  

A Mangaluru resident lost ₹14.36 lakh and an Udupi resident lost ₹12.78 lakh in online investment fraud. In a complaint to the Mangaluru South police, the victim said he looked at a channel named ‘Mr. He joined a related WhatsApp group and started sending money to accounts and UPI IDs given by fraudsters He transferred a total of ₹14.36 lakh …

India's 'digital arrest' scammers stealing savings
2 months ago

India's 'digital arrest' scammers stealing savings

Hindustan Times  

Within five hours while sitting at home in India, retired professor Kamta Prasad Singh handed over his hard-earned savings to online fraudsters impersonating police. Indians have emptied their bank accounts "out of sheer fear", Modi said in an October radio broadcast, adding fraudsters "create so much psychological pressure on the victim". India runs the world's largest biometric digital identity programme …

India's 'digital arrest' scammers stealing savings
2 months ago

India's 'digital arrest' scammers stealing savings

Hindustan Times  

Within five hours while sitting at home in India, retired professor Kamta Prasad Singh handed over his hard-earned savings to online fraudsters impersonating police. HT Image {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The cybercrime known as "digital arrest" where fraudsters pose online as law enforcement officials and order people to transfer huge amounts of money has become so rampant that Prime Minister …

Discover Related