Fraud
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Indian-origin mother,daughter sentenced to prison for conspiring to fraudulently obtain insurance
World | Aug 25, 2020, 09:19 AM ISTAn Indian-origin woman and her daughter were sentenced to prison for conspiring to burn down their convenience store to fraudulently obtain insurance proceeds.
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Indian-American entrepreneur held for $5.5 million fraud in COVID-19 relief funds
World | Jul 26, 2020, 01:12 PM ISTA 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 | Apr 23, 2020, 07:59 PM ISTAnother 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 | Apr 23, 2020, 04:38 PM ISTGoogle 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 | Apr 09, 2020, 07:26 PM ISTHDFC 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 | Mar 18, 2020, 06:17 PM ISTCoronavirus 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 | Feb 25, 2020, 07:14 PM ISTSebi 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 | Feb 18, 2020, 11:42 PM ISTA 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 | Jan 24, 2020, 01:58 PM ISTPaying 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 | Jan 20, 2020, 06:23 PM ISTA 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 | Jan 17, 2020, 02:15 PM ISTWith 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 | Jan 09, 2020, 06:57 PM ISTA 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 | Jan 07, 2020, 01:18 PM ISTA 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 | Jan 04, 2020, 11:12 AM ISTThe 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 | Dec 25, 2019, 10:15 AM ISTA 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 | Dec 14, 2019, 09:34 PM ISTFraudsters 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 | Dec 05, 2019, 08:33 PM ISTThe 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 | Dec 03, 2019, 09:10 AM ISTIsraeli 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 | Dec 02, 2019, 10:20 PM ISTSome 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 | Nov 30, 2019, 09:14 PM ISTAll 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.