According to the police, the accused Sakki, resident of Salaka village, was wanted by police of four states including Haryana and Rajasthan and faced about a dozen cases of robbery, attempt to murder, under the Arms Act and...
Many still don’t follow safe financial transaction processes, and either store sensitive banking information on mobiles, laptops, or share them with close family and even staff, leaving them vulnerable to fraud. Only 1 in...
Researchers at the UK-based Finextra Research decode whether open banking can be a solution to payment frauds globally.
‘Gangs Of Wasseypur’ fame Zeishan Quadri speaks up about the recent controversy where he has been accused of fraud.
Britain’s Finextra Research has said that fraudsters would keep looking for ways to rob consumers’ money in the light of higher inflation; hence, payment systems should be robust.
Founded in 1956 to keep tabs on foreign exchange-related offences, crackdowns on money laundering cases by the ED, which functions under the aegis of the Union Finance Ministry, have picked up pace since 2019.
The Bank of Baroda’s (BoB) limited-time fixed deposit (FD) scheme offers a higher interest rate and a paperless opening process through the BoB World Android and iOS app
A case under Indian Penal Code (IPC) sections 457 (lurking house-trespass or house-breaking by night in order to commit offence punishable with imprisonment), 380 (theft in dwelling house, etc.) and 34 (common intention) has...
Metaverse has tried to change the real world, but this has also led to increased crimes in recent times.
SBI General Life Insurance has come out with a comprehensive cyber insurance policy for individuals that provides protection against financial losses caused by...
A 50 year old Indian Origin man has been arrested in connection to an investment scheme which defrauded over 10,000 victims.
CloudSEK, a cybersecurity company, has revealed a huge cryptocurrency fraud, with losses to investors and traders estimated at Rs 1,000 crore.
The accused, identified as Manisha Ahirwal, was arrested from a fake call centre running in a rented accommodation at Rohini Sector 8, they said.
Following the FIR, the agency had carried out searches at multiple locations, they said. The Central Bureau of Investigation (CBI) has named three I-T...
After arrest, VK Ojha was on Monday produced before a local court which sent in him the police custody for one day.
The total amount of these transactions is nearly four lakh rupees. A case has been registered with the Amboli police station.
There has been a smishing/phishing/cyber hacking attempt targeting SBI’s customers. Read below to find out how to report such a crime if you have fallen prey.
Following the communication from Fiserv, Razorpay conducted an internal investigation and found out 831 transactions against 16 unique merchants of Razorpay,...
Acting on a specific input, the anti-evasion wing of the CGST Thane Commissionerate initiated an investigation against J.J. Lime Depot, which deals in trading...
The victim kept paying money to the accused since 2013 without any returns, said the police.
The accused has been identified as Meghraj Singh and his son Gaurav Milind (23), residents of Kondli in Mayur Vihar Phase-III here, they said. Milind also has...
AI and ML can help lending enterprises identify, sort, and make accurate decisions based on multiple data points to faster process KYC, arrive at credit score,...
SEBI, which conducted an investigation in the matter for April, 2011 to March, 2017, found that two stock brokers were involved in gross misconduct and...
Be aware, be cautious and stay safe. With more accessibility, general insurance fraud is increasing. So, follow these five ways to stay protected from general...
With growing dependency on digital transactions due to the outbreak of Covid, Indian financial organizations are using artificial intelligence to enhance...
