financial fraud India
Bengaluru Lecturer Loses Rs 2 Crore in Elaborate Digital Arrest Scam: Forced to Sell Properties
Dec 16, 2025 09:18 pm CST
A Bengaluru lecturer became victim to a sophisticated "digital arrest" scam, losing nearly Rs 2 crore after fraudsters posing as Mumbai Police officers coerced her into selling her apartment and two plots. Fearing for her child's safety, she complied with their demands, including installing a suspicious mobile application. The case highlights the growing threat of complex cyber scams targeting vulnerable individuals in India.
75-Year-Old Ex-Nurse Loses Rs 48 Lakh Life Savings in Sophisticated Digital Arrest Scam in Andhra Pradesh
Dec 02, 2025 01:39 am CST
A 75-year-old retired nurse in Andhra Pradesh fell victim to a sophisticated "digital arrest" scam, losing his entire life savings of Rs 48 lakh. Criminals impersonating CBI and ED officials trapped him in a continuous video call, isolating him from help while creating fictitious legal emergencies. Police have arrested three suspects and recovered Rs 32 lakh in cash along with evidence of the multi-state cybercrime operation.
Major Rs 70 Crore Fraud Uncovered at EPFO Credit Society: Two Arrested in Bengaluru
Nov 05, 2025 03:13 pm CST
Bengaluru Police have arrested two key individuals in connection with a Rs 70 crore fraud at the EPFO Staff Credit Co-operative Society. The society's CEO Gopi and employee Lakshmi Jagadish allegedly misappropriated investors' deposits, with payments ceasing three months ago. Luxury vehicles have been seized while a third suspect remains at large as the investigation continues into one of the region's significant financial scandals.
Bengaluru Police Bust Rs 2,000 Note Ritual Scam: 10 Arrested in Counterfeit Currency Operation
Nov 04, 2025 07:17 pm CST
Bengaluru police have dismantled a sophisticated scam operation where fraudsters collected demonetized Rs 2,000 notes from citizens with promises of multiplying their money through rituals. Ten individuals have been arrested after the RBI flagged tampered currency notes, with authorities seizing Rs 18 lakh in discontinued notes and specialized counterfeiting equipment. The investigation continues as police search for one remaining female suspect.