While Google has market capitalisation of almost $753 billion and Facebook commands one of $515 billion, it is the wealth of user data they have that one fears
At the request of the Federal Trade Commission, a US District Court Judge ordered a halt to six alleged tech support scams pending further hearings, and has frozen their assets.
The Bad Boy Billionaires series has a lot in common: The three billionaires' hefty ambition, dangerous arrogance and untrammeled power, observes Dhruv Munjal.
The lawsuit alleged the Mumbai-based company duped hundreds of dealers and walked away with more than $60 million in cash and trade secrets, a release posted on PR Newswire website stated.
If someone incompetent clears the system, it is probably intentional.
'Mamata is an emotional person, she follows her heart.' 'We loved that Didi, we still love her, but she is a changed person.' 'Why and how the change happened, who is responsible, I can't say.'
Karan Choudhury reports on the implications of the strict Real Estate (Regulation and Development) Act and the prosecution of Unitech MDs, Sanjay Chandra and Ajay Chandra, in an alleged fraud case.
ED had arrested group chairman Gautam Kundu on March 25.
Vickram Bedi, 37, pleaded not guilty to the grand larceny charges at his arraignment on Wednesday, Westchester County District Attorney Janet DiFiore said.
Probing the high-profile Saradha chit fund scam of West Bengal, the serious fraud investigation office on grilled the suspended Trinamool Congress MP Kunal Ghosh for over eight hours here and further questioning is expected next week.
Amjed Ullah Khan, who carried out investigations of his own and helped rescue 15 women from Hyderabad, tells Syed Firdaus Ashraf/Rediff.com how the women get trapped in an underground slave market that 'sells' them to employers who force them to work for less or no pay and often under inhuman conditions.
The accused were identified as Rajiv Ranjan, 30, native of Bihar, Mohammed Azar, 25, native of Andhra Pradesh, Sathya Priya, 25, native of Tamil Nadu, and M N Naryanana, 29, from Kerala, according to Bengaluru Police Commissioner B G Jyothiprakash Mirji.
Citibank is working on a compensation package for customers duped by its relationship manager Shivraj Puri.
The Indian government on Thursday said a proposed Bill will transform the emigration process into a simple and hassle-free exercise and also tighten the noose around unscrupulous agents who often dupe people seeking greener pastures abroad.
It's a new modus operandi of scamsters to dupe investors, warns Sebi
An Indian-origin man, along with two others, has been indicted here on charges that they duped internet users in more than 60 countries into buying fake software products of more than $100 million.
The BJP had replaced Raj from the North West Delhi Lok Sabha constituency with Punjabi Sufi singer Hans Raj Hans.
Naresh Gulati learnt invaluable lessons of entrepreneurship from each of his failed endeavours.
Troubles increased for Sukhvinder Kaur alias Radhe Maa, the self-styled godwoman, on Thursday, with a court in Mumbai denying her pre-arrest bail and a Gujarat MLA seeking probe against her in connection with a suicide case in Kutch district.
The income tax department has advised its officials to shun the practice of sharing or renewing official passwords through internet or telephone after recent incidents of misuse of these secret codes by fraudsters.
Attorney general Andrew M Cuomo has also sued BofA's former CFO Joseph L Price. "Bank of America's management intentionally failed to disclose massive losses at Merrill so that shareholders would vote to approve the merger.
Here are a few things one can do to guard your credit cards.
The basics of options trading include buying calls, selling puts, strike price and hedging.
Police suspect the accused identified as Digambar Patil might have cheated many more as he had 350 agents spread across the city to lure investors--most of them are middle class people.
The film revolves around a sharp con artist who cleverly exploits our secret desire to make easy money through the most fantastic scams.
'The two-word answer is: Proper oversight,' says T N Ninan.
According to I-T department sources, the need for increased scrutiny comes following the department's own report for last fiscal which mentions that 'educational institutions' among other 'various sectors' have indulged in huge 'tax evasions'. The I-T department exempts educational trusts and institutions enjoying 'tax benefits' from the Act.
"After July 1, when people receive their bills, they would compare it with the previous bills and explode when they notice that they have been duped," said senior Sena leader Subhash Desai. Alleging it was a sellout of the government to Reliance Energy, he said as per the norm, power supply companies are allowed a maximum 15 per cent profit but here a company has earned 35 per cent profit and no one is uttering a word.
A lookout notice has been issued against industrialist Yash Birla in connection with a cheating case registered against his firm Birla Power Solutions, police said.
Agency sources said it is a major operation in which agencies of China, Romania and the US are jointly acting along with CBI against cyber criminals in these countries who were allegedly hacking into websites based in the US and duping people financially.
Over the last one month, several advertisements in English, Hindi, Malayalam, Telugu, Tamil and Punjabi languages have been screened to raise awareness among Indians aspiring to work abroad. The 30-second ads, apart from cautioning potential labourers, also warn women employees on how they might be duped.
If at all it was some great strategy, the delay has only helped the person they eventually arrested.
Hitting out at Gandhi, the BJP said it was his party's app that was sharing user data with his friends in Singapore.
Krishna had sent fake flight tickets to his girlfriend, who wanted to go on a holiday to Mumbai and Goa, due to financial problems.
As many as 68 artworks went under the hammer on Tuesday evening and included works by the greats like Raja Ravi Varma, V S Gaitonde, F N Souza, Jogen Chowdhury, and Akbar Padamsee among others.
After a group of young hackers beat companies that claim to spend a bomb on cyber security, Karan Choudhury reports on just how easy it is to exploit digital wallets.
Congress Vice President Rahul Gandhi on Sunday hit back at Odisha Chief Minister Naveen Patnaik for calling the national party "corrupt", saying the ruling Biju Janata Dal is responsible for a series of scams in the state.
Parekh was held guilty in the case related to the 1992 stock scam, in which Canbank Financial Services was duped of over Rs 47 crore (Rs 470 million). On April 1, a special court in Mumbai had sentenced Parekh, Hiten Dalal and four others to one year in jail for siphoning off funds from Canbank Financial Services Ltd, a unit of Canara Bank.
The matrimonial sites came under scanner after the arrest of one Liaquat who allegedly cheated more than fifty women into marriage in Chennai in recently. He advertised himself as a UK-based Indian engineer looking for a bride in an online marriage portal.
