New Delhi, April 11 (IANS) The Delhi Police on Saturday busted a major cyber fraud syndicate involved in providing mule bank accounts used for siphoning off money through online scams and a gaming application operating from the national Capital. A total of 14 accused have been arrested in the operation, and significant recoveries have been made. The police recovered Rs 79,000 in cash, 28 mobile phones, 17 passbooks, three laptops, and 23 ATM cards from the possession of the accused. The operatio…
Latest Online Scams News & Updates
Phnom Penh, March 30 (IANS) The National Assembly of Cambodia on Monday passed a draft law on combating online scams, which will deliver up to 30 years or life imprisonment to scam bosses.A total of 112 lawmakers in attendance unanimously approved the draft bill.According to the bill, online scam bosses will face between 15 and 30 years or life imprisonment if their operations lead to one or many deaths.Ringleaders of online scam centres will face between five and 10 years in prison and a fine o…
Phnom Penh, March 13 (IANS) The Cambodian government on Friday approved a draft law on combating online scams, which will deliver severe sentences to masterminds, a minister said. The approval was made during a weekly Cabinet meeting, said Cambodia’s Information Minister Neth Pheaktra.”This law is the most important legal instrument for Cambodia in combating scams online, fighting money laundering, and demonstrating that Cambodia is not a paradise or a safe haven for criminals,” he told Xinhua n…