Investment Scam on Dating App Leads to Rs 21 Lakh Loss
Has online dating turned into a digital minefield? A recent incident in Bengaluru sent all online daters a chilling warning. A 40-year-old man, Pranav (name changed), fell victim to a sophisticated investment scam orchestrated through a popular dating app, “Ur My Type.” The scam unfolded when Pranav connected with a woman on the app and […]
Cyber Fraud Alert: How to Protect Yourself from a Rs 100 Crore Cyber Fraud
Have you been a victim of a cyber fraud? If so, you’re not alone. Cybercriminals are becoming increasingly sophisticated, targeting individuals and businesses alike. In a recent development, the Enforcement Directorate (ED) has sought information from the Special Investigation Team (SIT) of Punjab Police regarding a massive Rs 100 crore cyber fraud case. This case […]
Cyber Scams Target Senior Citizens: MNGL Bill as New Cash Cow
In recent years, senior citizens have become increasingly vulnerable to cyber scams. Scammers have identified a new target: the MNGL bill. By exploiting the elderly’s trust and financial concerns, these criminals are successfully defrauding unsuspecting victims. How the Scam Works The scam typically involves one or more of the following tactics: Phishing Emails: Scammers send […]
Trading Fraud Alert: Army Doctor Loses Rs 1.2 Cr in Pune
An Army doctor in Pune has fallen victim to a sophisticated share trading fraud, losing a staggering Rs 1.2 crores. The doctor, who wishes to remain anonymous, was lured into a fake investment scheme that promised exorbitant returns. The fraudsters gained the doctor’s trust by posing as financial experts and convincing him to invest heavily […]
Delhi Police Busts Cyber Fraudster with 16 Fake Accounts
The recent arrest of a former bank employee in Delhi for creating 16 fake accounts to facilitate cyber fraud. This incident highlights the increasing sophistication of cybercrime and the urgent need for robust safety measures. Understanding the Fake Accounts Scam In a major breakthrough, the Delhi Police have apprehended a man who was using his […]
QR Code Scams: A Growing Threat
Are you a fan of QR codes? These handy little barcodes have made our lives easier in countless ways. From paying bills to accessing menus, QR codes are everywhere. But with convenience comes risk. Fake QR code scams are on the rise, and it’s important to be aware of them. How Do QR Code Scams […]
Online Betting Scam Busted
Online Betting apps have been in the news for all the wrong reasons. In a major crackdown, the Enforcement Directorate (ED) has arrested four individuals linked to a Chinese-operated online betting app called ‘Fiewin’. This app is alleged to have scammed unsuspecting users out of a staggering Rs 400 crore! How Did the Scam Work? […]
Deepfake in the Olympics: A Gold Medal for Creativity or a Foul Play?
The world of sports has always been a breeding ground for innovation. But what happens when this innovation blurs the lines between reality and fiction? Enter deepfake world, the digital doppelgangers that are shaking up everything from entertainment to politics. And now, it seems, even the Olympics aren’t immune to their influence. A recent incident […]
Is Data Privacy Killing India’s E-commerce ?
India’s e-commerce sector is experiencing unprecedented growth, transforming the way we shop and live. However, beneath this shiny facade, a growing concern is casting a long shadow: data privacy. The Economic Survey 2023-24 has highlighted data privacy breaches and online frauds as significant hurdles to this burgeoning industry. The Data Privacy Dilemma In today’s digital […]
RBI Cracks Down on Aadhaar-Enabled Payment Fraud
The Reserve Bank of India (RBI) is on a mission to protect your hard-earned cash from falling into the wrong hands. In a significant move to curb the rising tide of payment fraud, the RBI has proposed new, stricter norms for banks. What is Aadhaar-Enabled Payment Fraud? Before we dive into the new rules, let’s […]