Financial Scams targeting individuals

[Sushubh]

ED busts 640 crore cyber fraud racket run by CAs & CSs | India News - Times of India

India News: The Enforcement Directorate busted a cyber fraud syndicate in Delhi-NCR involving chartered accountants, company secretaries, and crypto traders. The

timesofindia.indiatimes.com

 

[Sushubh]

Govt's reply on fruad call prevention system sparks more questions

Ministry of Comms and the Dept of Telecommunications' responses on the spoofed calls prevention system leave key questions unanswered.

www.medianama.com

 

[Sushubh]

Cyber Crime Wing of Tamil Nadu police warns of new UPI scam

Tamil Nadu Police warns of 'Jumped Deposit' scam targeting mobile money-users, advising vigilance and caution with banking apps.

www.thehindu.com

 

[Sushubh]

Banks Cannot Be Held Liable For Cyber Frauds Where The Fraud Occurred Due To Negligent Acts Of The Complainant: Goa State Commission

The Goa State Consumer Disputes Redressal Commission has held that HDFC bank cannot be held liable for cyber fraud when the said fraud happened due to negligent acts of the complainant. A coram of...

www.livelaw.in

 

[Sushubh]

Promising loan, bank manager eats desi chicken worth Rs 39,000 from Chhattisgarh farmer

A farmer in Chhattisgarh sought a loan for his poultry business, but the bank manager had other plans—eating his chickens instead. Over time, the manager devoured Rs 39,000 worth of desi murga, while still denying the Rs 12 lakh loan. Now, the wronged farmer has threatened to go on a hunger...

www.indiatoday.in

 

[Sushubh]

https://www.moneycontrol.com/news/india/karnataka-residents-lost-rs-109-crore-to-digital-arrest-frauds-this-year-only-rs-9-45-crore-recovered-12888866.html

 

[Sushubh]

Cybercrimes Rise In Madhya Pradesh, Losses Cross Rs 150 Crores In 2 Years

In September, Shweta Sengar, a housewife from Bhopal, became the victim of a cyber fraud scam. She lost Rs 61,000 while attempting to resolve a minor mobile recharge issue.

www.ndtv.com

 

[Sushubh]

Maharashtra IT Dept Directs Axis Bank To Pay Rs. 1.76 Crore Due To Online Banking Security Lapses, Rs 50 Lakh As Compensation To Victim

In a significant order (dated January 21), Maharashtra's Department of Information Technology directed Axis Bank to reimburse Rs. 1.76 crore (with 18% interest) to Dhule Vikas Sahakari Bank Ltd for...

www.livelaw.in

 

[Sushubh]

Private firm employee loses Rs 29L in stock market scam in Gurgaon - The Times of India

Gurgaon: A private firm employee was cheated of Rs 29.

timesofindia.indiatimes.com

 

[Sushubh]

India’s cyber-scam epidemic is part of a multibillion global industry. This series traces a full arc

Essential background on how the online scam industry sprung up and evolved – and how Indians became its targets.

scroll.in