"financial-fraud"

Searches carried out by five special teams in Uttar Pradesh, Gujarat, Maharashtra, Karnataka and Andhra Pradesh; suspects found to be involved in 30 cases in Telangana and 359 cases across country

With significant increase in cases of cyber fraudsters using ‘mule bank accounts’, to dupe people, the cyber crime officials are now verifying the complicity of bank officials in important cyber fraud crimes.

The company had collected money from several thousand people in AP, Telangana, Karnataka and Maharashtra promising a profit between 8 to 12 per cent on their investment and duped them.

Ramaswamy and Rajesh made an unauthorized debit of Rs. 40 crores.

Reporting within 1 to 3 hours increases chances of recovering lost money

Crackdown follows a complaint from a victim, who was lured into a WhatsApp group promising cash for social media interactions

RBI Governor Shaktikanta Das observed that operational efficiency can be improved through the automation of routine tasks, which reduces human error and frees up resources for more strategic activities.

He amassed at least $99 million in profits by reselling access to criminals who used it for identity theft, child exploitation, and financial fraud

According to an official release, around 140,000 mobile handsets either associated with disconnected connections or involved in cyber-crime/financial fraud have been blocked.

The company will roll out the pilot in Singapore in collaboration with the Cyber Security Agency of Singapore (CSA) in the upcoming weeks.

A 49-year-old man allegedly lost Rs 2.24 crore to insurance fraud in Maharashtra's Raigad district, an official said on Thursday.

Hyderabad: The pandemic seems to have accelerated the pace of cyber-crimes with almost 75 per cent respondents experiencing online frauds. In addition, almost 47 per cent of respondents have experienced financial fraud, according to OLX India Safer Internet Day Survey. The survey also pointed out that among the top activity that makes respondents feel unsafe […]