RTGS fraud
Delhi Police Arrests Three in Rs 1.16 Crore 'Digital Arrest' Scam Targeting Elderly Woman
Dec 13, 2025 11:05 pm CST
Delhi Police have arrested three individuals involved in a sophisticated cyber fraud operation where an 82-year-old woman was coerced into transferring Rs 1.16 crore through a "digital arrest" scam. The criminals impersonated law enforcement officials and used psychological pressure to make the victim transfer funds to an NGO account operated by fraudsters. The same account has been linked to approximately Rs 24 crore in fraudulent activities across 32 complaints.
Gujarat Court Penalizes ICICI Bank and Vodafone in Major SIM Swap Fraud Case: Rs 15 Lakh Fine Imposed
Dec 11, 2025 01:24 am CST
In a landmark ruling under India's IT Act, Gujarat's Adjudicating Officer has ordered ICICI Bank to pay Rs 10 lakh and Vodafone Rs 5 lakh in penalties after an Ahmedabad company lost Rs 1.19 crore through unauthorized transactions enabled by a SIM swap scam. The case highlights critical security vulnerabilities in banking and telecom sectors, with the court mandating ICICI Bank to refund Rs 1.05 crore to the victim company within six weeks.
72-Year-Old Mumbai Woman Loses Rs 32.8 Lakh to Police Impersonators in Sophisticated Cyber Scam
Nov 22, 2025 03:13 am CST
A 72-year-old woman from Mumbai's Mulund suburb was defrauded of Rs 32.8 lakh by scammers impersonating police officials who threatened her with false money laundering charges. The fraudsters, claiming to be from the "Colaba Crime Branch," coerced the elderly victim into transferring her savings through RTGS after a series of intimidating calls, including a video call from a fake police officer. The matter is now under investigation by the East Region Cyber Cell.