Fintech firm staff, five others held for cyber fraud
2 weeks, 3 days ago

Fintech firm staff, five others held for cyber fraud

Hindustan Times  

The Pimpri-Chinchwad police cyber cell has arrested an employee of a fintech company and five others for using the firm’s account to receive cyber fraud money, said police on Tuesday. According to the police, the accused used platforms such as Airpay, Instant Pay, Pay World, and Spice Money to create accounts to deposit money obtained through fraudulent means into these wallet accounts instead of direct bank transfers. The accused have been identified as Naresh Sujaram Chaudhari, who runs a photocopy shop at Ghatkopar East; Jilani Jani Sheikh associated with fabrication business from Ghatkopar West; Online money traders Amit Batulal Shahu from Uran and Irfan Khalil Sheikh from Panvel; cloth merchant Kiran Vasudev Jethnani from Panvel and Makrand Sanjiv Vilegaonkar who is area sales manager at Airpay from Panvel East. Pravin Swami, assistant police inspector, said, “The accused used fintech account to receive cyber fraud money and later on the basis of commission they handed over cash to the respective person in the chain by doing money laundering.”

Fraud Money Pay Cyber Fraud Accused Pic Panvel  firm  money  bank  cyber  staff  accused  pay  instead  fraud  used  accounts  held  fintech  panvel

History of this topic

Businessman loses Rs. 4.12 lakh in cyber fraud
Trending News
1 day, 13 hours ago

Businessman loses Rs. 4.12 lakh in cyber fraud

Deccan Chronicle  

Hyderbad:A case registered with Rachakonda cybercrime unit by a 42-year-old businessman, who had lost Rs.4,12,903 after clicking on a malicious link. Young woman ends life in rented house Hyderabad: A 24-year-old woman, assistant manager in a private bank, died by suicide in her rented house, SR Nagar police said. Digitally arrested retired teacher loses Rs.19 lakh Hyderabad: In yet another …

Cyber crime unit recovers ₹9.5 lakh lost in business fraud
1 day, 20 hours ago

Cyber crime unit recovers ₹9.5 lakh lost in business fraud

The Hindu  

The Hyderabad City Cyber Crime Unit successfully helped refund of ₹9,50,531 to a businessman who fell victim to cyber fraudsters. In the present instance, a 32-year-old complainant was deceived under the pretext of a business opportunity and had transferred the amount to bank accounts provided by the fraudsters, said the police. A team led by Inspector K. Prasada Rao, along …

Man held in Hyderabad for committing 43 cases related to investment fraud
3 days, 3 hours ago

Man held in Hyderabad for committing 43 cases related to investment fraud

Deccan Chronicle  

Hyderabad: The Hyderabad cyber crime police arrested a person from Gurugram in Haryana for his alleged involvement in investment and trading fraud. The police said a 49-year-old civil engineer from Hyderabad received a WhatsApp message offering him online stock investment ideas to invest in the stock market and sent a link to join their group to triple profits in a …

Digital arrest scam: Cops foil ₹1.10-cr cyber fraud targeting elderly couple in Mohali
4 days, 5 hours ago

Digital arrest scam: Cops foil ₹1.10-cr cyber fraud targeting elderly couple in Mohali

Hindustan Times  

The Mohali cybercrime police on Monday saved an 80-year-old man and his wife from losing ₹1.10 crore to cyber fraudsters running a ‘digital arrest’ scam. The Mohali cybercrime police on Monday saved an 80-year-old man and his wife from losing ₹ 1.10 crore to cyber fraudsters running a ‘digital arrest’ scam. “As the victim remained in fear, the fraudsters instructed …

Chandigarh: 73-year-old man falls victim to cyber fraud, loses ₹10 lakh
Trending News
5 days, 5 hours ago

Chandigarh: 73-year-old man falls victim to cyber fraud, loses ₹10 lakh

Hindustan Times  

A 73-year-old resident of Sector 49, Chandigarh, was duped of ₹10 lakh by cyber fraudsters who posed as officials from the Telecom Regulatory Authority of India and law enforcement, threatening him with arrest in a fake money laundering case. The fraudsters coerced Vibhash Chandra Burman, the victim into transferring his savings to an “SSA account” to prove his innocence after …

Bank’s general manager loses ₹1.35 crore in online investment fraud
1 week ago

Bank’s general manager loses ₹1.35 crore in online investment fraud

Hindustan Times  

MUMBAI: A 45-year-old assistant general manager of Bank of India fell victim to a cyber fraud and lost the ₹1.35 crore she thought she was investing. Bank’s general manager loses ₹ 1.35 crore in online investment fraud According to the police, the complainant lives with her family in Juhu. As she sent the money, the apps she downloaded displayed ‘shares’ …

Elderly woman loses ₹20 crore to 'digital arrest' fraud; 3 held
Trending News
1 week, 1 day 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 week, 2 days 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
1 week, 2 days 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
1 week, 3 days 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 …

Cyber crime police arrest key accused in ₹55 lakh FedEx digital arrest case
1 week, 6 days ago

Cyber crime police arrest key accused in ₹55 lakh FedEx digital arrest case

The Hindu  

The Cyber Crime wing of Hyderabad City Police arrested Mohammed Zubair Ahmed, 31, the main accused in a large-scale FedEx digital arrest fraud case. The complainant was then connected to individuals posing as Mumbai police officers via a Skype video call, where they coerced him into transferring ₹55 lakh to obtain a police clearance certificate, said a press note from …

Employee transfers ₹1.95 crore to fraudster posing as chairman; golden hour complaint helps recover amount
2 weeks ago

Employee transfers ₹1.95 crore to fraudster posing as chairman; golden hour complaint helps recover amount

The Hindu  

The Telangana Cyber Security Bureau successfully prevented a cyber fraud attempt, saving ₹1.95 crore before the fraudsters could withdraw the funds. The incident was reported on March 13, 2025, when an accounts officer at a Hyderabad-based company received a WhatsApp message from an unknown number. The sender, impersonating the company’s chairman and managing director, by using his profile picture, claimed …

Delhi Police Busts Cyber Fraud Syndicate, Three Held For Phishing Scam
2 weeks, 2 days ago

Delhi Police Busts Cyber Fraud Syndicate, Three Held For Phishing Scam

ABP News  

The Delhi Police has dismantled an organized cyber fraud syndicate operating across India and arrested three key members of the gang for creating fake banking websites and phishing links to deceive unsuspecting victims, an official said on Wednesday. Victims were sent phishing links that directed them to counterfeit banking websites designed to collect their personal and financial information," Deputy Commissioner …

Delhi Police busts cyber fraud syndicate, three held for phishing scam
Trending News
2 weeks, 2 days ago

Delhi Police busts cyber fraud syndicate, three held for phishing scam

Hindustan Times  

New Delhi, The Delhi Police has dismantled an organized cyber fraud syndicate operating across India and arrested three key members of the gang for creating fake banking websites and phishing links to deceive unsuspecting victims, an official said on Wednesday. Delhi Police busts cyber fraud syndicate, three held for phishing scam The accused used advanced digital techniques to steal sensitive …

Job scams to digital slavery, how India battles China's cyber mafia
2 weeks, 3 days ago

Job scams to digital slavery, how India battles China's cyber mafia

India Today  

About 540 Indians, including 28 women, lured into a cybercrime network with fake job offers, have been rescued from Thailand and other countries. They were rescued from Myanmar’s Myawaddy region, where cyber-scam centres allegedly run by Chinese gangs force victims into fraudulent activities. Organised crime groups use advanced technology to evade detection, necessitating law enforcement to adapt and develop specialised …

Cyber fraud in India: $12.2 mn lost, 13,384 cases reported in first nine months of 2024-25
2 weeks, 4 days ago

Cyber fraud in India: $12.2 mn lost, 13,384 cases reported in first nine months of 2024-25

Firstpost  

According to the data, fraud cases involving ₹100,000 or more have risen drastically over the years. The amount lost to these cybercrimes reached a record ₹177 crore in FY 2024 The fraud cases involving ₹100,000 or more have risen drastically over the years. During this period, a total number of 13,384 cases of cyber fraud were registered in the country …

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

Private hospital employee loses ₹2.8 lakh to online fraud
3 weeks, 1 day ago

Private hospital employee loses ₹2.8 lakh to online fraud

The Hindu  

An electrician of a private hospital in Manipal lost ₹2.8 lakh to fraudsters, who made him transfer money to receive a gift from abroad. In the compliant to Udupi Town Police, the victim said he got message from an unknown person on instagram from the account ‘reta_wat’ in December 2024 and he started to interact with the person. The caller …

Cyber fraud being operated from fake call centre in city busted; 63 arrested
3 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 …

Cyberabad police arrest key suspect in ₹14 crore investment fraud targeting 200 investors
3 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
3 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 …

Man duped of ₹5.81 lakh in ‘insurance payout’ scam
1 month ago

Man duped of ₹5.81 lakh in ‘insurance payout’ scam

The Hindu  

A 58-year-old private sector employee from Secunderabad became a victim of an insurance reimbursement scam, losing ₹5,81,606 to fraudsters posing as officials from a fictitious IGMS Department. The victim, who held multiple insurance policies with companies, was contacted by fraudsters who claimed that he was entitled to a payout from various insurance companies. “Gaining the victim’s trust, the fraudsters instructed …

Despite awareness campaigns, many fall victim to online financial fraud in Kozhikode
1 month ago

Despite awareness campaigns, many fall victim to online financial fraud in Kozhikode

The Hindu  

Even after a series of aggressive awareness campaigns against scammers and online financial fraud, there is no let-up in the number of new cheating cases and the volume of money lost in each incident in Kozhikode district. According to cyber cell officers, many fresh cases related to loss of money by way of responding to messages of scammers through hacked …

Cyberabad cybercrime police arrest three for Rs 1.38 crore digital arrest fraud
1 month ago

Cyberabad cybercrime police arrest three for Rs 1.38 crore digital arrest fraud

New Indian Express  

HYDERABAD: Cyberabad cybercrime police arrested three persons on Monday in connection with a Rs 1.38 crore “digital arrest” fraud. They had falsely implicated him in an Anti-Money Laundering case and persuaded him into transferring Rs 1.386 crore to multiple bank accounts, the police said. The police tracked the transactions and found that `9.6 lakh was credited to Gokul’s Federal Bank …

Gang of three from Tamil Nadu arrested in ₹1.38 crore ‘digital arrest’ fraud
1 month ago

Gang of three from Tamil Nadu arrested in ₹1.38 crore ‘digital arrest’ fraud

The Hindu  

Three men from Namakkal, Tamil Nadu, have been arrested by the Cyberabad Cyber Crime Police for their involvement in a ₹1.38 crore ‘digital arrest’ fraud. Under immense pressure, the victim was tricked into transferring ₹1,38,60,000 across multiple bank accounts controlled by the fraudsters,” explained the police. The Cyberabad Cyber Crime Police initiated a thorough investigation, which revealed that the stolen …

Bitcoin India Wallet and Exchange owner held for duping man of ₹8.5 lakh
1 month 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, 1 week 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 …

Unrestricted banking data access fuels surge in online financial frauds: Central cyber intelligence agencies
1 month, 1 week ago

Unrestricted banking data access fuels surge in online financial frauds: Central cyber intelligence agencies

New Indian Express  

NEW DELHI: A new disturbing trend has emerged posing a cyber security threat, as central cyber and intelligence agencies have flagged to the Union Ministry of Home Affairs that unrestricted access to critical banking data with bank employees and third-party vendors has directly been fuelling rampant online frauds and massive financial losses for people in the country, officials said on …

Bybit hacked: $1.5 billion in Ethereum stolen in sophisticated cyberattack
1 month, 1 week ago

Bybit hacked: $1.5 billion in Ethereum stolen in sophisticated cyberattack

India Today  

A major cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital currency, marking one of the biggest online thefts of all time. Bybit said Friday that a routine transfer of Ethereum, one of the most popular cryptocurrencies, between digital wallets was “manipulated” by an attacker who transferred the crypto to …

Seven arrested for two separate ‘digital arrest’ scams worth ₹1.66 crore
1 month, 1 week ago

Seven arrested for two separate ‘digital arrest’ scams worth ₹1.66 crore

The Hindu  

The cybercrime wing of the Cyberabad police on Friday arrested seven persons in two separate cases of ‘digital arrest’. In the first case, two persons involved in a ‘digital arrest’ fraud in which an 82-year-old retired engineer was duped of ₹1.38 crore, were arrested. The call was then transferred to a ‘cybercrime officer’ from Mumbai who coerced the victim to …

₹62.46 lakh refunded to cyber fraud victims through court orders in Hyderabad
1 month, 1 week 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, 1 week 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 …

Four of inter-State gang cheating people of offering online jobs arrested by Madurai district police
1 month, 1 week ago

Four of inter-State gang cheating people of offering online jobs arrested by Madurai district police

The Hindu  

Four members of an inter-State gang, operating from Kerala and Karnataka, that cheated people of offering part-time online jobs were arrested by Madurai district police. Arvind said that cyber crime police had frozen various bank accounts of the accused with deposits of ₹76.52 lakh. They were arrested acting upon a complaint from a man from Silaiman near Madurai that he …

Two arrested by Cyberabad EOW in ₹850 crore ponzi scheme case
1 month, 1 week ago

Two arrested by Cyberabad EOW in ₹850 crore ponzi scheme case

The Hindu  

Two individuals have been arrested by the Economic Offences Wing of Cyberabad Police in connection with an ₹850 crore ponzi scheme linked to the Falcon Invoice Discounting Platform. Ltd. and Business Head of Falcon Invoice Discounting Platform, and Kavya Nalluri, Director of Capital Protection Force Pvt Ltd and Falcon Capital Ventures Pvt Ltd. “Investigations have revealed that the primary accused, …

Youth loses over Rs 12 lakh in part time job fraud
1 month, 1 week ago

Youth loses over Rs 12 lakh in part time job fraud

Deccan Chronicle  

Hyderabad: Inviting people to rate and review in the name of giving tasks and assignments are often resulting in financial frauds. The victim is duped in the name of part time jobs and given some amount so that they fall into the trap. In a case registered with Rachakonda Cybercrime, a victim from Keesara was added to a WhatsApp group …

Thiruvananthapuram City police launch probe into cybercrime
1 month, 1 week 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 …

ED seizes ₹1,646 crore under PMLA case in ‘biggest-ever’ cryptocurrency fraud
1 month, 1 week ago

ED seizes ₹1,646 crore under PMLA case in ‘biggest-ever’ cryptocurrency fraud

Live Mint  

The Enforcement Directorate has seized its biggest-ever cryptocurrency worth ₹1,646 crore as part of a "mega" money laundering investigation into a fraud investment scheme where several depositors were duped in the name of securities investment. As per PTI, crypto worth ₹1,646 crore was seized and transferred into the agency's special crypto wallet, making it the biggest-ever seizure of virtual digital …

I-T officer duped of ₹10L by cyber frauds
1 month, 2 weeks ago

I-T officer duped of ₹10L by cyber frauds

Hindustan Times  

MUMBAI: A 57-year-old woman working as an administrative officer in the Income Tax department was duped of ₹10 lakh by fraudsters using the fake online share trading modus operandi. I-T officer duped of ₹ 10L by cyber frauds The cyber frauds first approached the complainant’s son by adding him to a WhatsApp group on November 27 last year, luring him …

Fraud alert! ED freezes deposits worth ₹170 crore from fake forex trading platform in multi-state raids
1 month, 2 weeks ago

Fraud alert! ED freezes deposits worth ₹170 crore from fake forex trading platform in multi-state raids

Live Mint  

The Enforcement Directorate has seized bank deposits worth ₹170 crore in a multi-state search against promoters of QFX Trade, an alleged fraudulent forex trading and deposit scheme, PTI reported. The ED said in a statement that it conducted multiple raids across locations in Delhi, Noida and Shamli in Uttar Pradesh and Rohtak in Haryana, during its investigations against QFX and …

ED seizes ₹170 crore worth bank deposits in probe against ‘fraud’ forex trading platform
1 month, 2 weeks ago

ED seizes ₹170 crore worth bank deposits in probe against ‘fraud’ forex trading platform

The Hindu  

The Enforcement Directorate on Thursday said it has frozen bank deposits worth ₹170 crore following recent searches against promoters of an alleged fraudulent forex trading and deposit scheme. The federal agency said in a statement that raids were launched on February 11 at various premises in Delhi, Noida and Shamli in Uttar Pradesh and Rohtak in Haryana as part of …

Cyber Fraudster Dupe Rs 25 Lakh, Nabbed
1 month, 2 weeks 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 …

Concern over educated people falling prey to cyber frauds
1 month, 2 weeks ago

Concern over educated people falling prey to cyber frauds

The Hindu  

Dharwad Deputy Commissioner Divya Prabhu G.R.J. has said that at a time when cybercrimes are on the rise, what is a matter of even more concern is that educated people are increasingly falling prey to cyber frauds. She was speaking at a district-level awareness workshop for officials on internet safety organised jointly by the district administration, the district NIC Unit …

Health Officer lands in ₹5.77 lakh cryptocurrency fraud
1 month, 2 weeks ago

Health Officer lands in ₹5.77 lakh cryptocurrency fraud

The Hindu  

A 30-year-old Government Health Officer from Hyderabad, an active trader on the Binance cryptocurrency platform, was duped of 5,993 USDT, equivalent to ₹5.77 lakh, in a scam in which the fraudster exploited the Web3 feature on the app. Within moments of following the caller’s guidance, three unauthorised transactions appeared in her Binance Web3 history. Following this case, the police warned …

‘Digital Arrest’ scam: Noida family loses ₹1.10 crore to cyber criminals; here’s what happened
1 month, 2 weeks ago

‘Digital Arrest’ scam: Noida family loses ₹1.10 crore to cyber criminals; here’s what happened

Live Mint  

A family in Noida has fallen victim to a sophisticated cyber fraud, losing over ₹1 crore after being subjected to a five-day 'digital arrest' by fraudsters impersonating government officials, police confirmed on Monday. The emerging scam, termed 'digital arrest', involves criminals posing as law enforcement officers, such as officials from the Central Bureau of Investigation or customs authorities. Within minutes, …

Noida family kept under ‘digital arrest’ for 5 days, loses over ₹1 crore in scam
1 month, 2 weeks 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, 2 weeks 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, …

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

Kerala government allocates Rs 2 crore to combat cyberbullying, online financial fraud
1 month, 2 weeks 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 …

Delhi Police arrest 5 people for providing mule bank accounts to Chinese scammers
1 month, 3 weeks ago

Delhi Police arrest 5 people for providing mule bank accounts to Chinese scammers

India Today  

In a breakthrough against digital arrest, Delhi Police’s Cyber Cell, Southwest District, has dismantled a fraud network leading to the arrest of five individuals from Uttar Pradesh's Jhansi. These individuals were found arranging mule bank accounts for a Chinese company through Telegram, facilitating the laundering of cheated money via cryptocurrency. A mule bank account is a legitimate bank account used …

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