In a significant breakthrough, the Kannur Cyber Crime Police arrested Syed Iqbal Hussain, a 47-year-old resident of Kalapather, Hyderabad, for allegedly extorting Rs29.25 lakh from a Kannur resident in an …
Tag:
financial fraud
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Investment Scams
Three Arrested in Ahmedabad for Rs 1 Crore Stock Market Investment Scam
by Ananya MehtaThree individuals were arrested by the Ahmedabad Cybercrime Police for their involvement in a stock market investment fraud that resulted in losses of nearly Rs 1 crore. The arrested men …
by Ananya Mehta -
A Jamaica Defence Force (JDF) soldier has been arrested for his role in a sophisticated phishing scam that defrauded the National Commercial Bank (NCB) of more than $47 million. The …
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FinancialInvestment Scams
Barabanki Police Arrest Five in Multi-Crore Investment Fraud
by Ananya MehtaThe Barabanki police on Friday arrested five individuals, including the head of 56 branches of the LUCC Company, in connection with a multi-crore investment fraud that defrauded hundreds of victims. …
by Ananya Mehta -
Online and TechPhishing Scams
Telangana Police Arrest Two for Linking to ₹75 Lakh Cyber Fraud
by Ananya MehtaThe Telangana Cyber Security Bureau (TGSCB) has arrested two men in connection with a multi-crore cyber fraud that duped a victim of Rs8.14 crore. The arrested individuals, Rahul Dangi and …
by Ananya Mehta -
In a shocking case of cyber fraud, two men were arrested for allegedly scamming a homemaker in Kochi of Rs4.12 crore through a “digital arrest” scam, the police confirmed on …
by Ananya Mehta -
A man from Jabalpur, Deepanshu Gupta, fell victim to a fraudulent share trading scheme that promised to double his money, losing a substantial Rs19.5 lakh. The scam unfolded on Sunday …
by Ananya Mehta -
In a significant development, Ramesh Gowani, the owner of Mumbai’s iconic Kamala Mills, was arrested by the Economic Offences Wing (EOW) of Mumbai Police on Tuesday for his involvement in …
by Ananya Mehta -
Fake Financial Services ScamsFinancial
Clifford Potter Seeks Refund After Shs 3 Billion Gold Scam by Stephen Bairukanga
The police are investigating Equity Bank following the loss of over Shs 3 billion by Canadian national Clifford Potter in a fraudulent gold transaction, allegedly orchestrated by Stephen Bairukanga, a …
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The Bank Fraud Wing of the Central Crime Branch has arrested B. Radhakrishnan, a former Assistant General Manager (AGM) of the Bank of Baroda, in connection with a Rs1.8 crore …
by Ananya Mehta