Tag: fraud

‘Digital Arrest’ Scammers Stealing People’s Savings In India

January 20, 2025 admin

Bengaluru: 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. 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…

Nation

Noida Woman Gets Fake Probe Agency Notices On WhatsApp, Duped Of Rs 34 Lakh

November 25, 2024 admin

An accused also video-called the woman on Skype. (Representational image) Noida: A woman was duped of Rs 34 lakh here in a case of “digital arrest” by cyber criminals who threatened her with fake notices by the Enforcement Directorate, officials said on Sunday. The fraudsters claimed that a parcel was being sent from Mumbai to…

Nation

Actor Disha Patani’s Father Duped Of Rs 25 Lakh; Case Filed

November 16, 2024 admin

An FIR was registered at Bareilly Kotwali police station on Friday evening. Bareilly: Jagdish Singh Patani, retired deputy SP and father of actor Disha Patani, was allegedly defrauded of Rs 25 lakh by a group of five individuals who promised him a high-ranking position in a government commission, police here said on Friday. An FIR…

Nation

Chinese Man Duped Of Rs 11 Lakh By Fiancee In Bizarre “Marriage Bed Burning” Scam

November 9, 2024 admin

The scammer vanished after receiving the funds, leaving the victim devastated. A love-struck man from Tianjin lost a considerable sum of money in a bizarre ritual for a cunning online romance scam, according to the South China Morning Post. The victim, surnamed Wang, was found by police to have been misled by a false story…

World

Who Is Rishi Shah, Indian-American Jailed For Rs 8,300 Crore Fraud In US

July 2, 2024 admin

Rishi Shah, the co-founder of Outcome Health, was indicted on over 12 counts of fraud. New Delhi: Rishi Shah, an Indian-American businessman, has been sentenced to seven and a half years in prison for a Rs 8,300 crore ($1 billion) fraud involving his advertising startup. The fraud scheme deceived high-profile investors such as Goldman Sachs…

World

Bengaluru Woman Exposes Money-Swiping Scam Via ‘Bank Screenshots’

May 4, 2024 admin

Now, a new scamming trend is on the rise, shared by a Bengaluru woman, named Aditi Chopra. Online fraud is increasing in today’s world where digital transactions have become the norm. Scammers are getting smarter. They use clever tricks to deceive people and steal their money, like sending fake emails, setting up bogus websites, and…

Nation

Inside Sam Bankman-Fried’s Multi-Billion Dollar FTX Fraud

March 29, 2024 admin

Sam Bankman-Fried got into the world of cryptocurrency at the age of 25. (File) Former cryptocurrency billionaire Sam Bankman-Fried, 32, has been sentenced to 25 years in prison for his involvement in a major financial scam related to the collapse of the FTX crypto exchange. He was found guilty in November on seven counts, including…

World

Delhi Man Arrested For Duping 7 Of Rs 14 Lakh By Posing As WHO Doctor

October 30, 2023 admin

According to police, a complaint regarding cheating of Rs 14.80 lakh from 7 persons. (Representational) New Delhi: The Delhi Police has arrested a 33-year-old man who allegedly defrauded around Rs 14.80 lakh from seven persons on the pretext of getting them jobs in the regional office of World Health Organization, a senior officer said on…

Nation

Man Posing As HR Head Of Multi-National Company Dupes HSBC Bank Of Rs 2 Crore

October 28, 2023 admin

The fraud was carried out between December 2022 and June 2023. Gurugram: An alleged fraudster, claiming to be the Human Resources head of a multi-national company, duped HSBC Bank of more than Rs 2 crore, police said. The accused opened 38 salary accounts in the names of “employees”, got 28 credit cards issued and took…

Nation

About 100 agro-product companies under CBI scanner for bank fraud

July 31, 2022 admin

Representative file image. | Photo Credit: Reuters About 100 companies dealing in agro-products came under the scanner of the Central Bureau of Investigation (CBI) over the past five years on the charge of cheating banks of loans running into thousands of crores of rupees. This year, so far, more than two dozen firms trading in…

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