financial fraud
Maharashtra Man Loses Rs 3.96 Crore in Sophisticated Online Share Trading Scam
Nov 14, 2025 11:45 am CST
A 48-year-old senior manager from Thane, Maharashtra fell victim to a carefully orchestrated online share trading fraud, losing Rs 3.96 crore between May and October. The scammers operated through a WhatsApp group claiming connection to a securities company, promising high returns on equity investments before disappearing with the transferred funds. Authorities are now investigating all digital and financial connections in this case of cybercrime.
Mumbai Lawyer Loses Rs 9.94 Crore in Sophisticated Cyber Investment Fraud Scheme
Nov 13, 2025 04:59 pm CST
A 65-year-old retired lawyer from Mumbai fell victim to an elaborate cyber scam, losing Rs 9.94 crore after being lured into investing through a fake trading app impersonating a reputable financial firm. The fraudsters created a convincing facade using WhatsApp groups and fake investment platforms to deceive the victim over several months before disappearing with his money.
Alert: Rajasthan Police Warns of Fake Officers Using Bomb Scare Tactics in New Cyber Fraud Scheme
Nov 13, 2025 04:53 pm CST
Rajasthan Police has issued an urgent warning about a sophisticated cyber fraud scheme where criminals impersonate police officers and reference recent incidents like the Delhi car blast to extort money and personal information from citizens. Authorities advise the public to remain vigilant, avoid sharing sensitive details, and report suspicious contacts immediately to prevent falling victim to these elaborate scams.
Kannada Actor Upendra and Wife Fall Victim to Rs 1.5 Lakh WhatsApp Cyber Scam
Nov 13, 2025 02:23 am CST
Popular Kannada film star Upendra and his wife Priyanka were targeted in a sophisticated cyber fraud scheme involving compromised WhatsApp accounts, resulting in a Rs 1.5 lakh loss. Bengaluru Police have arrested one suspect from Bihar in connection with the scam that began with a deceptive link sent after an online purchase.
Bengaluru Resident Loses Rs 80 Lakh in Sophisticated Online Trading Scam Through Fake App
Nov 13, 2025 01:49 am CST
A Bengaluru man has fallen victim to an elaborate online trading scam, losing over Rs 80 lakh after being lured through a WhatsApp group into investing in a fraudulent trading app called ACS Trade. Despite transferring funds in multiple installments, the victim received neither returns nor his original investment, highlighting the growing threat of sophisticated digital financial fraud schemes in India.
21-Year-Old Woman Arrested for Rs 20.5 Lakh Digital Arrest Scam Impersonating Mumbai Police
Nov 12, 2025 02:14 am CST
A 21-year-old woman from Mysuru has been arrested by Alappuzha Cyber Crime Police for extorting Rs 20.5 lakh through an elaborate "digital arrest" scam. The fraudsters impersonated Mumbai Police officials, using doctored evidence and threatening the victim with fabricated charges to extract funds. Two additional suspects remain at large as investigations continue.
Mumbai Businessman Falls Victim to Rs 53 Lakh 'Digital Arrest' Scam by Fake Law Enforcement Officials
Nov 11, 2025 09:43 pm CST
A 60-year-old businessman from south Mumbai was virtually held hostage in a 'digital arrest' scam, where cybercriminals impersonating law enforcement officials kept him on a video call overnight with fake legal threats, ultimately defrauding him of Rs 53 lakh through elaborate impersonation of police and court proceedings.
Self-Proclaimed Godwoman Arrested for Rs 14 Crore Spiritual Healing Scam Against Pune IT Professional
Nov 07, 2025 06:46 pm CST
A self-proclaimed godwoman and two accomplices have been detained in Pune for allegedly defrauding an IT professional of Rs 14 crore by promising to heal his daughters through "divine intervention." The victim, Dipak Dolas, was convinced to sell multiple properties including his UK home before discovering the scam. Despite transferring the funds, his daughters' health showed no improvement, leading him to file a police complaint.
Delhi High Court Rules ED Can Attach Appreciated Share Value Linked to Criminal Proceeds Under PMLA
Nov 04, 2025 01:07 am CST
The Delhi High Court has ruled that the Enforcement Directorate can attach any appreciation in share or asset value derived from criminal proceeds under the Prevention of Money Laundering Act, even if the increase results from legitimate market forces. This landmark judgment, delivered by Justices Anil Kshetarpal and Harish Vaidyanathan Shankar, strengthens the ED's ability to trace and seize illicit wealth disguised as legitimate investments.
21-Year-Old Woman Commits Suicide After Falling Victim to Rs 5,000 Cyber Fraud in UP
Nov 02, 2025 01:47 am CST
A tragic incident occurred in Jhansi's Baruasagar area where a 21-year-old woman, Bhavna Pal, committed suicide after losing Rs 5,000 in an online employment scam. Her body was recovered from the Betwa River following her disappearance on October 28. Police investigations are ongoing, with no formal complaint regarding the cyber fraud filed yet.