COVID booster scam? Here’s how to protect yourself
While steps are being taken to reduce the number of incidents, fraudsters are coming up with new schemes to loot people.
Jan 23, 2022, 17:57 PM IST
4,071 banking fraud cases involving Rs 36,342 cr reported during H1 FY2022: RBI report
In H1 2021-22, banks saw 1,802 reported cases of frauds amounting to Rs 35,060 crore which were related to advances.
Dec 28, 2021, 19:48 PM IST
Beware! Mumbai man pays Rs 400 e-challan, loses Rs 60,000 to online fraud
Sections 419 (Punishment for cheating by personation) and 420 (cheating) of the Indian Penal Code, as well as sections 66C (punishment for identity theft) and 66D (punishment for cheating by personation by utilising computer resource) of the IT Act, have been filed
Dec 07, 2021, 19:44 PM IST
OTP, WhatsApp scams rise in Delhi: Here’s how to remain safe
Unfortunately, as money has gone online, so have fraudsters, who are always attempting to lure customers into traps.
Dec 03, 2021, 11:50 AM IST
Alert! THIS Android malware steals banking data; Here’s how to remain safe
The Drinik malware is currently imitating an Income Tax Department software, and after a user has been duped into downloading it, it captures all sensitive data.
Sep 25, 2021, 17:29 PM IST
Never search for THESE 5 things on Google
But do you know that some things in Google should not be searched by mistake? These searches can create trouble for you and therefore, they should be strictly avoided. Let's take a quick look at these terms that can be hazardous for your digital well-being.
Mar 01, 2021, 12:33 PM IST
Beware of fraud messages claiming free stay packages at luxurious hotels
The Mumbai Police has warned people regarding the fake Valentine's Day gift vouchers that claim to offer free stay packages at luxurious hotels.
Feb 03, 2021, 08:34 AM IST
Jan Dhan accounts “very vulnerable” to frauds: RBI
Raising concerns that Jan Dhan accounts can be misused by 'money mules', RBI Monday warned they are "very vulnerable" to frauds and asked banks to be on guard against such activities.
May 23, 2016, 21:29 PM IST
China blames Taiwan criminals for surge in telephone scams
China is battling an explosion of telecoms fraud that has cost billions of dollars in financial losses and driven some victims to suicide, according to authorities in Beijing who say criminal gangs based in rival Taiwan are behind many of the scams.
Apr 22, 2016, 04:41 AM IST
RBI tightens provisioning norms for bank frauds
Tightening disclosure norms, RBI has asked banks to disclose fraud cases and make provisions for them not exceeding four quarters from the date during which it has been detected.
Apr 18, 2016, 22:36 PM IST
China's Bank of Tianjin faces $121 million fraud
China's Bank of Tianjin has been defrauded of more than USD 120 million, it said, the third such giant crime against banks in the country this year.
Apr 12, 2016, 17:20 PM IST
Raghuram Rajan cautions public against frauds in RBI's name
Reserve Bank Governor Raghuram Rajan today cautioned the public against any fictitious e-mails in his or the central bank's name demanding money, and asked people not to fall prey to such frauds.
Apr 11, 2016, 13:59 PM IST
CBI sets up group to deal with financial frauds, loan defaults
The CBI Wednesday vowed not to spare scamsters however mighty or rich they may be and announced formation of a working group that will coordinate with various financial institutions to help curb financial frauds.
Mar 02, 2016, 23:28 PM IST
Bill to check ponzi schemes put on hold
A proposed bill to check fraudulent multi-level marketing (MLM) or ponzi schemes has been put on hold by the government.
Aug 02, 2015, 14:46 PM IST
QNet case: 2 more company representatives held
Two top representatives of QNet, a Hong Kong-based multi-level marketing company allegedly involved in a Rs 425-crore fraud here, were arrested Wednesday after being picked up from Delhi international airport, police said.
Mar 04, 2015, 21:12 PM IST
Rs 23 lakh worth fake products under Lenovo brand seized
Fake products under the brand name Lenovo, including laptop batteries and adaptors, valued at Rs 23 lakh, were seized Thursday in raids at three retail shops here.
Feb 26, 2015, 22:45 PM IST
Sebi to hire tax sleuths to beef up enforcement operations
Armed with powers to carry out search and seizure as well as arrest violators, the market watchdog has been cracking the whip on illegal money pooling activities.
Feb 01, 2015, 15:53 PM IST
RBI to step up vigilance on banking sector to prevent frauds
Reserve Bank of India (RBI) Deputy Governor R Gandhi on Tuesday said "continuous vigilance and intelligence gathering" would be the central bank's key focus areas to prevent recurrence of frauds.
Aug 26, 2014, 19:07 PM IST
Inoperative A/c norms should be strictly followed: EPFO
Retirement fund body EPFO has asked its field formations to strictly follow guidelines while settling claims out of inoperative accounts in order to reduce the risk of frauds.
Jul 29, 2014, 19:36 PM IST
