Mumbai, July 17 (IANS) Capital markets regulator Securities and Exchange Board of India (SEBI) on Friday cautioned listed companies and regulated entities against an emerging cyber fraud known as the “Boss Scam”, in which cybercriminals impersonate chief executive officers (CEOs), managing directors (MDs) or other senior officials to trick employees into transferring funds.The advisory comes after the Indian Cyber Crime Coordination Centre (I4C) flagged a rise in CEO and MD impersonation frauds …
Latest Cyber Fraud News & Updates
Mumbai, July 17 (IANS) Shiv Sena National Secretary and Spokesperson, Shaina NC, has filed a First Information Report (FIR) with the Mumbai Cyber Police after cybercriminals hacked her WhatsApp account and used it to run a financial scam targeting her contacts.The incident has raised serious concerns about the growing menace of cyber crime and the safety of citizens on digital platforms.According to Shaina NC, her WhatsApp account was compromised on Thursday and used to send messages to several …
Bokaro (Jharkhand), July 16 (IANS) The Bokaro district police in Jharkhand have busted a cyber fraud racket and arrested nine persons allegedly involved in operating an interstate online scam network, officials said on Thursday.According to the police, the accused were living in rented accommodations in Bokaro and targeting people across various states. Preliminary investigations have revealed links to Bihar, while efforts are underway to identify the masterminds running the larger network. Addr…
Mumbai, July 14 (IANS) In a major crackdown on cyber fraud, the Mumbai Police on Tuesday blew the lid off an organised online racket operating on the pretext of selling health insurance to customers. At least 12 individuals have been apprehended, fake call centres busted, and multiple digital devices recovered from fraudsters. Govandi police in Mumbai busted the gang defrauding people online under the pretext of health insurance policies. The police raided at least three fake call centres in con…
Chennai, July 13 (IANS) The Directorate of Enforcement (ED) has conducted extensive search operations across Tamil Nadu, Kerala, and Srinagar as part of an ongoing money-laundering investigation linked to online investment fraud and fake “Work From Home” scams. The ED, in a statement, said the raids were carried out on July 10 and 11 under the Prevention of Money Laundering Act (PMLA), covering 19 locations, including 16 in Tamil Nadu, 2 in Kerala, and 1 in Srinagar. The investigation stems from…
Gandhinagar, July 11 (IANS) Gujarat Police’s Cyber Centre of Excellence (CCoE) has arrested 19 people in three separate investigations under “Operation Mule Hunt 2.0”, uncovering alleged cyber crime networks involving mule bank accounts, fake business entities and corporate bank accounts allegedly used to facilitate cyber fraud linked to more than Rs 330 crore across multiple states. According to the officials, the three investigations relate to separate cases registered in Gandhinagar and invol…
Bhavnagar/Gandhinagar, July 10 (IANS) The Cyber Centre of Excellence of Gujarat Police has arrested three more accused in connection with the hacking of Bhavnagar District Co-operative Bank Ltd., taking the total number of arrests in the case to 10. Investigators allege that the accused helped route proceeds of cyber fraud by arranging bank accounts into which funds generated through the alleged hacking were transferred.The investigation, as of now, has shown that the accused illegally accessed …
Amreli/Surat, July 9 (IANS) The Surat City Cyber Crime Cell on Thursday arrested a 29-year-old software engineer in connection with an alleged online investment fraud in which a complainant was cheated of over Rs 72.73 lakh after being lured with promises of high returns from cryptocurrency trading.Police said the accused, identified as Divyesh Patel, was traced and arrested following a technical investigation into the case.He is employed at a software company, holds a B.Tech degree in Electrica…
Surat, July 7 (IANS) The Surat Cyber Crime Cell on Tuesday arrested two men from Madhya Pradesh for allegedly supplying a bank account used in a cyber fraud in which a resident was cheated of Rs 24.40 lakh after downloading a fake RTO e-challan APK file that enabled fraudsters to hack the victim’s mobile phone. The arrests were made in Ujjain following a technical investigation and human intelligence-led operation conducted by a team led by Police Inspector M.C. Nayak, acting on the directions o…
Jaipur, July 6 (IANS) The Rajasthan Police’s Cyber Crime Branch has arrested an accused in connection with a major interstate cyber fraud syndicate targeting the corporate sector. Fraudsters allegedly used the name and display picture (DP) of the chairman of a reputed company on WhatsApp to deceive the company’s accountant into transferring Rs 5.30 crore to two separate bank accounts. Acting on technical and financial evidence, the State Cyber Crime Police Station achieved a significant breakthr…