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  Indian-American entrepreneur held for $5.5 million fraud in COVID-19 relief funds

  World | July 26, 2020 13:12 IST

  A Seattle-based serial entrepreneur and former executive at Amazon and Microsoft, Mukund Mohan has been arrested for allegedly defrauding the Paycheck Protection Programme (PPP) with forged documents and embezzling more than $5.5 million in Covid-19 relief funds. 

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  Millions of credit card records left exposed by this payments startup: Know details

  Technology | April 23, 2020 19:59 IST

  Another security breach took place wherein a payments platform exposed users' credit card details

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  Google warns of state-backed hackers using COVID-19 messaging, WHO name to target people

  Fyi | April 23, 2020 16:38 IST

  Google has said that their security systems have detected examples ranging from fake solicitations for charities and NGOs, to messages that try to mimic employer communications to employees working from home, to websites posing as official government pages and public health agencies.

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  HDFC Bank Alert! Fraudsters looking to exploit EMI moratorium to steal money. Beware, don't do THIS

  Business | April 09, 2020 19:26 IST

  HDFC Bank Alert: Largest private sector lender HDFC Bank on Thursday sent an alarm for its customers against a possible fraud over the three-month loan repayment moratorium. The bank has asked its users to be "extra cautious".

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  Coronavirus Fraud: Beware! Hackers can steal your personal data by posing as WHO officials

  India | March 18, 2020 18:17 IST

  Coronavirus outbreak has become a serious matter globally as well as India. People are taking precautions to shield themselves from the deadly virus. However, the general panic has also created space for hackers and fraudster to trick millions of people into disclosing their personal data.

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  Sebi fines Rs 7.5 lakh on Gold View Financial Services for fraudulent trading activities

  Business | February 25, 2020 19:14 IST

  Sebi has imposed a penalty of Rs 7.5 lakh on Gold View Financial Services Ltd for indulging in fraudulent trading in illiquid stock options on the BSE. After observing large-scale reversal of trades in the illiquid stock options segment, the regulator conducted a probe between April 2014 and September 2015.

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  Former LIC officer, agents sent to jail for duping company with fraudulent death claims

  Crime | February 18, 2020 23:42 IST

  A former Life Insurance Company (LIC) officer and two agents have been sent to jail following a complaint by Central Bureau of Investigation (CBI)

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  How payment of Rs 3 costed a Defence Ministry official Rs 40,000

  India | January 24, 2020 13:58 IST

  Paying a mere Rs 3 from his 'Bhim' UPI app ended up costing a defence ministry official a hefty Rs 40,000 instead. The victim Bhanu Prakash Singh was asked to pay a token amount of Rs 3, instead Rs 40,000 were debited from his bank account in a few minutes. Police have started an investigation in this regard and registered an FIR.  

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  How hackers robbed Rs 1.5 lakh from Noida girl's HDFC Bank Credit Card, Debit Card in metro

  Business | January 20, 2020 18:23 IST

  A Noida-based girl received a jolt from the blue when she got robbed of Rs 1.5 lakh without any OTP or PIN. The fraudulent transactions were made via the girl's HDFC Bank Debit Card and HDFC Bank Credit Card. Here's what happened.

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  UPI Frauds online: Here's how you can stay safe on apps like PhonePe, BHIM and more

  Technology | January 17, 2020 14:15 IST

  With UPI frauds on the rise, here are some tips you should keep in mind to avoid getting into scams on apps like Google Pay, PhonePe, Paytm and more.

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  Case against 16 for 'fraud' in Pune's Shivajirao Bhosale Cooperative Bank

  Crime | January 09, 2020 18:57 IST

  A case has been registered against 16 people including an NCP Member of the Legislative Council for an alleged fraud of over Rs 71 crore at the Shivajirao Bhosale Cooperative Bank here, the police said on Thursday.

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  Greater Noida woman duped for Rs 32,000 by two men disguised as godmen

  India | January 07, 2020 13:18 IST

  A Noida working professional was duped for Rs 32,000 by two men disguised as godmen in October 2019. The two men offered the woman some prasad (holy food) after which she started feeling dizzy.

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  Maharashtra: Man cheated of Rs 1 lakh in online payment fraud

  Crime | January 04, 2020 11:12 IST

  The complainant, a resident of Patlipada, wanted to sell his furniture and posted an ad on Facebook on December 21, an official said

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  Realtor sells same flat to multiple people in Greater Noida, arrested

  India | December 25, 2019 10:15 IST

  A Noida based realtor has been arrested by the police in a fraud case for allegedly selling one particular flat to multiple people at a residential society in Greater Noida.

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  How a Mumbai doctor lost Rs 1,30,000 in KYC fraud

  Business | December 14, 2019 21:34 IST

  Fraudsters in India are coming up with new, innovative ideas of robbing people of huge sums of money. A Mumbai doctor, recently, lost Rs 1,30,000 to a KYC fraud. 45-year-old Lopa Chetan Dave, received a text message asking her to share her Know Your Customer (KYC) details. After she provided the details, she lost Rs 1,30,000 from her account in a series of transactions. 

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  Bihar: ED attaches over Rs 4 cr assets of man who operated shell firm accounts

  Crime | December 05, 2019 20:33 IST

  The Enforcement Directorate (ED) alleged that Raj Kumar Goenka Bihar-based man who is alleged to have opened bank accounts in the name of shell or bogus firms misused KYC (Know Your Customer) information of his employees and other people to deposit and transfer illegitimate funds.

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  Israel PM Netanyahu indicted for fraud, bribery

  World | December 03, 2019 9:10 IST

  Israeli Attorney General Avihai Mendelblit publicly released an official indictment on Monday

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  Rs 1 lakh fraudulently withdrawn from coast guard officer's account

  India | December 02, 2019 22:20 IST

  Some unidentified persons siphoned off around Rs 1 lakh from the bank account of a 54-year-old Indian Coast Guard officer, police said on Monday. 

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  How fraudsters siphoned off ₹12 crore from AIIMS' SBI accounts

  India | November 30, 2019 21:14 IST

  All India Institute of Medical Sciences (AIIMS) -- India's premier medical institute -- has fallen prey to banking fraud accounting for a whooping ₹12 crore. As per reports, ₹12 crore have been stolen from two separate SBI accounts belonging to the hospital by allegedly using 'cloned cheques' over the past one month. The money has been siphoned off from the bank accounts the AIIMS has with the State Bank of India (SBI) from its non-home branches in other cities.

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  AIIMS falls prey to banking fraud, loses over Rs 12 crore; SBI issues alert to all its branches

  India | November 29, 2019 23:55 IST

  India's premier medical institute AIIMS fell prey to a banking fraud as over Rs 12 crore has been stolen from its two bank accounts with the State Bank of India by allegedly using "cloned cheques" over the past one month, official sources said.