Latest Financial scams News & Updates

New Delhi, April 20 (IANS) In a significant breakthrough, the Delhi Police on Monday busted a cyber fraud racket where unsuspecting individuals were duped through fake online trading schemes. Two accused persons have been arrested in Shahdara, and two mobile phones used in committing the offence have been recovered. According to officials of the Cyber Police Station in Shahdara, the case came to light on March 15, when complainant Puneet Grover, a resident of Delhi, filed a complaint on the NCRB…

Guwahati, April 20 (IANS) The Central Bureau of Investigation has intensified its nationwide crackdown on cybercrime infrastructure under Operation Chakra-V, arresting a key conspirator in Guwahati for his role in a large-scale SIM card fraud racket.The accused, identified as Ubaid Ullah, was apprehended in the early hours of April 19 after remaining absconding since August 2025, an official statement said on Monday. He is alleged to have played a pivotal role in procuring and distributing illeg…