Hyderabad Police Commissioner V C Sajjanar has proposed a Joint Working Group with the RBI and banks to address the issue of mule bank accounts used in cyber fraud. The proposal follows 'Operation Octopus,' which exposed vulnerabilities in KYC verification. Sajjanar also recommended strict directives for banks to fix accountability and adopt advanced technology to detect suspicious transactions.
The CBI has filed a chargesheet against CHD Developers Ltd and its directors for alleged fraudulent activities in a Gurugram-based project, officials said.
A Mumbai sessions court has denied pre-arrest bail to two individuals accused of misappropriating funds and fraud within a residential society in Wadala, citing the necessity of custodial interrogation.
Gurugram Police have arrested two former bank employees for allegedly fraudulently obtaining loans by accessing data of pre-approved accounts.
Actor and former TMC MP Nusrat Jahan appeared before the Enforcement Directorate (ED) in Kolkata in connection with a housing project fraud case. The ED is investigating allegations that a company collected money from buyers promising flats but failed to deliver. Jahan, previously a director of the company, denies all allegations.
A Mumbai court has rejected a plea by a couple, former officials of New India Co-operative Bank, accused of a Rs 122-crore fraud, to appear via video conferencing from the UK, deeming their request as showing 'huge abysmal entitlement'. The couple cited a 'hostile environment' and 'threats to their lives' if they returned to India.
The Enforcement Directorate conducted searches at multiple locations in a money laundering case linked to an alleged Rs 145 crore fraud involving fixed deposits of the Panchkula Municipal Corporation.
Odisha Police have arrested a former banking correspondent for allegedly misappropriating around Rs 27 lakh of depositors' money in Jajpur district.
Three individuals have been arrested in Hyderabad for allegedly selling high-value IPL tickets obtained through forged VVIP/VIP letterheads. Police seized tickets, a vehicle, mobile phones, and forged documents. The accused are from Andhra Pradesh and Tamil Nadu.
Delhi Police have dismantled a cyber fraud syndicate with connections to foreign handlers, arresting three individuals, including a bank employee. The investigation revealed the use of mule accounts, social media platforms, and cryptocurrency for illicit transactions.
Three officials from leading private banks have been arrested for their alleged involvement in a Rs 2,500-crore cyber fraud in Gujarat's Rajkot district, bringing the total number of arrests in the case to 20, according to police reports.
Gurugram police have arrested two individuals, including a director of an infra firm, for allegedly defrauding investors through fake real estate projects linked to Dhirendra Shastri's 'Aparna Ashram' in Silokhera village.
Two former employees of a Delhi-based pharmaceutical firm have been booked for allegedly cheating, forging documents and impersonating to secure government tenders, including supplies to Army hospitals.
Gianluca Rocchi steps aside amid a Serie A fraud probe, with VAR official Andrea Gervasoni also under investigation, raising fears of another Calciopoli-style crisis.
Delhi Police have dismantled a cyber fraud operation that swindled a railway employee out of approximately Rs 60,000 under the guise of an online lottery. The investigation led to multiple arrests and uncovered a network using fake identities to open bank accounts for illicit transactions.
A nurse in Mumbai was allegedly cheated of 1 lakh after attempting to purchase a dress online for 299, police said.
The CBI has arrested Kamlesh Parekh, a fugitive wanted in a 10-year-old Rs 2,672 crore bank fraud case, after his extradition from the UAE.
Delhi Police have dismantled an interstate cyber fraud syndicate involved in an online investment scam, arresting four individuals. The accused allegedly defrauded victims by promising high returns on online trading platforms and coercing them into depositing more money.
The CBI has filed a chargesheet against Sequel Buildcon Private Limited for allegedly cheating homebuyers and siphoning off funds issued by PNB Housing Finance for a Noida-based project.
Gurugram police have arrested two individuals, including a director of an infra firm, for allegedly defrauding investors through fake real estate projects connected to Dhirendra Shastri's 'Aparna Ashram'.
Odisha CID arrests a man from New Delhi for allegedly duping a Bhubaneswar resident of over Rs 2 crore in a cyber fraud case.
Indian journalists Anand RK and Suparna Sharma have been awarded the Pulitzer Prize for their reporting on digital surveillance and cyber fraud.
The CBI has registered a case and taken over the investigation of a Rs 10 crore 'digital arrest' scam in Delhi, where a retired engineer was allegedly cheated by cyber-criminals posing as courier company and police officials.
Delhi Police have arrested two individuals for allegedly defrauding a 25-year-old man of Rs 1.46 lakh through a fake online investment scheme. The accused lured the victim with promises of high returns for completing online tasks.
A senior bank executive in Mumbai was defrauded of 97.78 lakh by cyber criminals through a fake share market investment scheme.
Police in Lucknow busted a gang that misused the Mudra loan scheme to create fake GST firms and commit input tax credit fraud worth approximately Rs 1.3 crore.
A woman constable in Mumbai Police was allegedly defrauded of Rs 12.46 lakh after her mobile phone was hacked via an APK file, leading to a personal loan being fraudulently obtained in her name.
The Commercial Taxes Department has arrested Mohammed Tauqeer for his involvement in generating and routing fraudulent ITC across multiple states, unearthing a GST fraud worth Rs 410 crore.
The Enforcement Directorate (ED) conducted searches at multiple locations in Punjab and Chandigarh, including premises linked to an official in the CMO, as part of a money laundering probe against realty groups accused of fraudulent land use changes and investor fraud.
Delhi Police have arrested three men for allegedly operating a mule account syndicate that routed over 1.5 crore of cyber fraud proceeds through layered transactions.
Delhi Police have arrested a man suspected of leading an organised ATM fraud gang involved in over 50 cases of cheating. The arrest has resolved at least five cases, with the accused linked to numerous incidents across Delhi.
Indore police have busted a gang involved in investment fraud, arresting five individuals and uncovering links to a WhatsApp account operated from Cambodia.
An e-service centre operator in Navi Mumbai is accused of defrauding multiple individuals of over Rs 20 lakh by promising business loans under the 'Stand-Up India' scheme and then disappearing after collecting processing fees.
Delhi Police have arrested two men for allegedly running a cyber fraud racket involving over Rs 3.60 crore. The accused used mule bank accounts and a social media application to defraud victims. The investigation revealed links to an international cyber fraud network and training in Cambodia.
The Haryana government has suspended two IAS officers, Ram Kumar Singh and Pardeep Kumar, in connection with an ongoing investigation into a Rs 590-crore fraud case involving IDFC First Bank.
Gujarat police have dismantled a Rs 77 crore cyber fraud operation with links to 375 cases nationwide, arresting 16 individuals and uncovering international connections.
Two individuals have been booked for allegedly defrauding a young man of Rs 20 lakhs under the guise of arranging a student visa for overseas education, according to police reports.
Mumbai Police have arrested three men from Jharkhand for creating and selling fraudulent APK files used to scam people, particularly during a recent shortage of LPG cylinders.
Sixteen people, including two gold appraisers, have been booked for allegedly securing loans worth lakhs of rupees against counterfeit gold from a bank in Prayagraj.
Delhi Police have arrested five individuals for allegedly running an interstate cyber fraud syndicate that used mule bank accounts to launder money across India and abroad. The investigation revealed links to international handlers and the use of cryptocurrency to route funds.
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