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.
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.
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.
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 […]
