online financial fraud
Trinamool MP Kalyan Banerjee Loses Rs 55 Lakh in Sophisticated Online Banking Fraud
Nov 08, 2025 11:01 am CST
Four-time Trinamool Congress Lok Sabha member Kalyan Banerjee has fallen victim to a sophisticated cyber fraud, losing Rs 55 lakh through unauthorized transfers from his SBI bank accounts. Kolkata Police's cybercrime division is investigating the case where fraudsters allegedly used Banerjee's photograph and mobile number to conduct the financial deception.
Elderly Pune Resident Loses Rs 1.44 Crore in Sophisticated 'Digital Arrest' Scam by Fake NIA Officers
Oct 19, 2025 02:21 am CST
A 70-year-old man from Pune became the victim of an elaborate cyber fraud scheme, losing Rs 1.44 crore after scammers posing as National Investigation Agency officers placed him under 'digital arrest' and falsely accused him of terrorist connections. The sophisticated scam involved video calls with uniformed imposters who manipulated the victim through fear tactics until he finally reported the incident to cyber police.
Inside India's Digital Arrest Scam: How Fraudsters Target the Wealthy Through Financial and Psychological Manipulation
Oct 13, 2025 05:45 pm CST
This article exposes India's devastating "digital arrest" scam targeting affluent citizens, where fraudsters posing as government officials manipulate victims into transferring life savings through psychological intimidation. With losses exceeding $290 million since 2022, the article examines how these scams exploit weaknesses in banking systems, data security vulnerabilities, and law enforcement limitations, while offering solutions to combat this growing financial threat.