Home > Scam Alerts
Matrimony frauds trap NRIs, divorcees, and widowers
Posted On : Monday, August 12, 2019, 2:45 PM
NRI men, divorced, widowed women are easily falling prey to matrimony frauds in the recent past said the Cyber Crime Police. In one of the recent cases, a 44-year-old divorced woman was cheated by a Nigerian on an online matrimonial portal after she had joined the online portal last year, after being separated from her husband, TOI reports. “Fraudsters have been targeting women, who are in the age group of 35 to 50 years, and are widowed, divorced or looking for a partner on online matrimonial portals,” the ACP explained. Not only women but NRI grooms too are falling in the trap of these community matrimony portals. In another case, a US-based man from Hyderabad was cheated of Rs 4 lakhs by a woman he wanted to marry after he met her on one of the online matrimony portals.
Mantri Developers booked for cheating
Posted On : Monday, July 29, 2019, 4:17 PM
A city-based businessman is among three investors who have filed complaints against Mantri Developers Pvt. Ltd. for allegedly cheating them of Rs 1 crore each by promising flats that would be delivered in 2016. The victims made a down payment of Rs 25 lakh, took Rs 75 lakh as loan and even paid EMIs for two years. However, neither was the flat given to them nor was the money returned, said Satyan R. Chawla, one of the complainants. The firm had promised them residential flats at Mantri Web City apartment complex on Hennur main road. Hundreds of customers made down payments and took loans for the rest of the money through a financial firm in 2014, the complainants said.
Two B Tech graduates held for cheating jobless youth
Posted On : Friday, July 26, 2019, 5:39 PM
The West Zone Task Force officials at Hyderabad arrested two persons on charges of cheating innocent people in the guise of providing jobs in State Bank of India and in Railway Department. The police seized net cash of Rs 13 lakh, Fake appointment letters of SBI, Railway, DRDO, Singareni, GVK, 50 cheques of different banks and four cell phones from the possession of the accused. According to Task Force officials, accused G Pradeep (26) and E Aditya (35) allegedly cheated innocent people in the name of providing jobs in State Bank of India as Clerk and Probationary Officers and in Railway Department as Group-C, Group-D, Junior Engineer and Station Master by collecting huge amount of money from them.
Maharashtra tops in ATM frauds, Delhi, Tamil Nadu, Karnataka follow
Posted On : Monday, July 22, 2019, 6:16 PM
Maharashtra reported 233 cases of ATM fraud in 2018-19, the highest in the entire country, Reserve Bank Of India (RBI) data, accessed by TOI, revealed. The data showed that Delhi grabbed the second spot with 179 cases, followed by Tamil Nadu with 147 cases of ATM fraud. In Maharashtra, people lost Rs 4.8 crore to bank fraud, while in Delhi people lost Rs 2.9 crore. The country witnessed an increase in ATM fraud cases in general (up from 911 to 980). Assam, Arunachal Pradesh and Tripura were the only three states that didn’t report a single incident. However, the money lost came down from Rs 65.3 crore in 2017-18 to Rs 21.4 crore in 2018-19.
IMA founder Mansoor Khan arrested from Delhi airport
Posted On : Friday, July 19, 2019, 6:19 PM
I Monetary Advisory (IMA) Group founder Mohammed Mansoor Khan, main accused and wanted in the multi-crore financial fraud, was arrested by the Enforcement Directorate (ED) in New Delhi in the wee hours of Friday. Khan was arrested soon after he landed in Delhi on a flight that had arrived from Dubai. A Special Investigation Team (SIT) in Karnataka that is simultaneously probing the IMA case said that the team of SIT had located Khan in Dubai through its sources and had persuaded him to return to India and surrender.
Tax Frauds Worth Rs 38,000 Crore Detected Last Year
Posted On : Tuesday, July 16, 2019, 6:49 PM
The Finance Ministry on Tuesday informed the Parliament the tax officials detected tax frauds worth Rs 37,946 crore in the financial year 2018-19 and Rs 6,520 crore in the April-June 2019 period after the implementation of GST (goods and service tax) regime. The Minister of State for Finance Anurag Thakur, in a written reply to the Rajya Sabha also informed that the cases of availing tax credit by issuing fake invoices were of Rs 11,251 crore in 2018-19 and Rs 2,805 crore in April-June 2019. In the first year of GST implementation, only 5 cases of tax credit availment by fake invoicing were detected by Central GST formations involving an amount of Rs 12.67 crore.
Beware, new mobile malware on the prowl, 15 million devices in India affected
Posted On : Monday, July 15, 2019, 7:05 PM
Check Point Research, the threat intelligence arm of cybersecurity firm Check Point Software Technologies, has discovered a new variant of mobile malware that has quietly infected around 25 million devices, including 15 million mobile devices in India. Disguised as a Google-related application, the malware exploits known Android vulnerabilities and automatically replaces installed apps with malicious versions without users’ knowledge or interaction. Dubbed “Agent Smith”, the malware currently uses its broad access to the devices’ resources to show fraudulent ads for financial gain, but could easily be used for far more intrusive and harmful purposes such as banking credential theft and eavesdropping. This activity resembles previous malware campaigns such as Gooligan, Hummingbad and CopyCat.
3 held for cheating car owners by promising good returns
Posted On : Wednesday, July 10, 2019, 11:05 AM
Three persons have been arrested in Maharashtra's Thane district for allegedly cheating private car owners after hiring the vehicles with a promise of good returns. Acting on some complaints, the police launched a probe and found that the accused used to lure people by taking their cars on rent to be used as tourist vehicles. In return, the accused promised good financial returns to the car owners. However, when the car owners neither got the money nor their vehicle, they realised that they were cheated and approached the police. The modus operandi of the accused was to sell these cars and run away with the money.
Man held for cheating people of Rs 52 crore in bitcoin scam
Posted On : Saturday, June 29, 2019, 11:49 AM
A person has been arrested in Delhi for allegedly cheating public, including from Telangana and other southern states, to the tune of Rs 52 crore in a bitcoin scam, police said Friday. Ashish Malik, the main accused, was arrested in the national capital based on a complaint lodged by victims. Malik and other accused, involved in the scam, were collecting money online using four different websites, they said. The main accused had allegedly collected nearly Rs 52 crore from about 1,200 depositors across the country. There were about 250 depositors from Telangana and other southern states who had deposited Rs 10 crore, the police said.
‘Significant gap’ in bank fraud occurrence and detection: RBI report
Posted On : Saturday, June 29, 2019, 11:25 AM
Terming timely recognition an important aspect that can reduce the economic costs of frauds, the Reserve Bank of India said that the country has seen a “significant” gap between occurrence and detection of bank frauds. “The amount involved in frauds that occurred between 2000-01 and 2017-18 formed 90.6 percent of those reported in 2018-19,” the central bank said in its Financial Stability Report (FSR). Giving further insight on the data, the RBI said that the systemic and comprehensive checking of legacy stock of NPAs of public sector banks (PSBs) for fraud during 2018-19 has helped unearth frauds perpetrated over a number of years.
Banking fraud cases on rise in Chandigarh
Posted On : Monday, June 24, 2019, 6:55 PM
With the rise in digital transactions and their spread to the interiors of the country, complaints related to banking fraud are on the rise in Union Territory of Chandigarh. Statistics reveal that around 50 percent of total registered cyber crime complaints at Cyber Crime Investigation Cell (CCIC), Chandigarh are related to banking fraud. Sources said that with the rise of complaints related to cyber- crime, the staff crunch at CCIC, Sector -17 has impeded cyber-crime investigations. Large numbers of complaints are reported from the victims in Chandigarh but few cases are registered. As per registered complaints, some people in Chandigarh receive phone calls from fraudsters who while being based in states like Jharkhand, Maharashtra, Odisha, Bihar and other states call them up while posing themselves as branch managers or employees of banks. They say that your ATM is blocked and to open it share them ATM’s password. In this way, they dupe those people who share them password of ATM or One Time Password.
He Paid $9,100 To Buy House Online. It Turned Out To Be Strip Of Grass
Posted On : Friday, June 21, 2019, 6:01 PM
A Florida man thought he had landed a steal deal after paying $9,100 (approximately Rs. 6.3 lakh) for a villa in Tamarac, only to be told that he had only bought the strip of grass in front of the villa. According to the South Florida Sun-Sentinel, Kerville Holness purchased what he thought was a villa during a Broward online auction. Instead, he got a 1-foot-wide, 100-foot-long strip of land on Northwest 100th Way in Spring Lake- valued at $50 or approximately Rs. 3,500. To add to his woes, Florida officials now say he is stuck with the deal, as state laws do not allow the refund he is seeking. Speaking to the South Florida Sun-Sentinel, Mr Holness said that property appraiser pictures linked to the auction site showed the villa as being the parcel he was bidding on.
Ahmedabad: Nigerian gang exploited 4 banks' lack of verification
Posted On : Tuesday, June 18, 2019, 11:41 AM
Four banks — Kotak 811, RBL, Catholic Syrian and IDFC — have landed in trouble for their failure to physically verify customers under whose names dummy accounts were being opened that has led to over 56 people being duped out of over Rs 2 crore. However, cyber crime cell of Ahmedabad police has deduced that over 4,727 accounts holders' details have already been phished by Nigerian cybercriminals who use it to create dummy accounts and siphon money out of India.
Man held for operating fake websites
Posted On : Thursday, June 13, 2019, 5:36 PM
The Cyber Crime unit of the Delhi police arrested a 23-year-old man for operating fake websites by capitalising on ‘Make in India’ campaign and misleading people by offering them free laptops and solar panels. The accused, Rohit Soni, a B.Com graduate, is a resident of Churu in Rajasthan, said the police. Deputy Commissioner of Police (Cyber Crime) Anyesh Roy said Mr. Soni started a blog in 2016 and it became popular. Later, he decided to earn money through the blog. “Mr. Soni created fake websites in the name of new schemes under the Modi government and offered free laptops and solar panels. The accused lured the visitors to click on a link for confirming their application for the freebies,” Mr. Roy said.
ICICI, SBI, HDFC among top 3 banks to report highest number of frauds in 11 years
Posted On : Wednesday, June 12, 2019, 6:17 PM
Of over 50,000 frauds that hit banks in India in the last 11 fiscal years, the ICICI Bank, State Bank of India (SBI) and HDFC Bank reported the highest number of cases, according to an RBI data. Of the total 53,334 cases of frauds reported during 2008-09 and 2018-19 fiscal years, involving a whopping Rs 2.05 lakh crore, the highest of 6,811 were reported by the ICICI Bank involving Rs 5,033.81 crore. SBI reported 6,793 fraud cases involving Rs 23,734.74 crore followed by HDFC Banks which recorded 2,497 such cases involving Rs 1,200.79 crore, according to the data given by the central bank.