Garment traders in Madhya Pradesh's Indore have decided to stop accepting payments through Unified Payments Interface, citing increasing cyber fraud cases. The Retail Garment Traders Association of Indore announced the decision after multiple incidents surfaced where traders faced monetary losses due to fraudulent UPI transactions. "Several traders have had their accounts frozen due to fraud involving UPI payments,' said Akshay …
A man has been arrested for allegedly duping garment traders of Rs 15-16 lakhs in Delhi to cover up the losses his business suffered due to the coronavirus lockdown. Police said the accused used a fake name, Rishi, to hide his identity to dupe garment traders. In his complaint, Gopal Das alleged that the main accused, Sandip Arora, had come …
