Vadodara Pharma Entrepreneur Alleges ₹16 Crore Fraud in US Takeover Deal A Vadodara-based pharmaceutical entrepreneur has alleged that he lost shares valued at around ₹16 crore after a proposed deal to acquire a controlling stake in a US-based pharmaceutical company failed...
Global Fraud Losses Reach ₹42.25 Lakh Crore as AI Reshapes Financial Crime Global fraud losses reached an estimated ₹42.25 lakh crore in 2025 , equivalent to about $442 billion, as artificial intelligence, synthetic identities, automated fraud networks and faster payment sys...
Rajkot Police Prevent ₹25 Lakh Digital Arrest Scam Targeting Elderly Couple Rajkot Police reportedly prevented an elderly couple from losing ₹25 lakh after alleged cybercriminals kept them on a video call for nearly four hours as part of a so-called “digital arrest” scam. The...
Sikar Man Loses ₹4.08 Lakh in Old Currency Note Cyber Fraud A Sikar resident has allegedly lost ₹4.08 lakh after responding to a social media advertisement that promised unusually high prices for old ₹1, ₹2 and ₹5 currency notes. According to his complaint, th...
Gujarat Police Arrest Assam Man in Interstate Cyber Fraud Probe Gujarat Police have arrested a 35-year-old man from Assam's Barpeta district, in connection with a cyber fraud case registered at the Gandhinagar Cyber Crime Police Station. The accused has been taken...
Mumbai EOW Chargesheets Man Over ₹30.26 Crore Share Market Investment Fraud The Mumbai Police's Economic Offences Wing has filed a chargesheet against 56-year-old Rohan Bhushan Sheth, alleging he ran a share market investment scheme built on fabricated profit statements, prom...
Retired Himachal Officer Loses ₹33 Lakh in Month-Long Digital Arrest Scam A 64-year-old retired officer from Dheera tehsil in Himachal Pradesh's Kangra district was allegedly kept under "digital arrest" for nearly a month and cheated of ₹33 lakh by cyber fraudsters posing a...
Cyber Alert: Today's Biggest Cyber Crime Stories Shaking India Today's roundup covers five significant developments spanning a major interstate cyber-fraud bust, a prison phone-smuggling investigation, summit-related cybersecurity, digital rupee policy, and a not...
Pune Techie Duped in Stock Market Fraud, Threatened With SEBI Action A 26-year-old software engineer from Hinjewadi has allegedly lost ₹6.58 lakh in an online investment fraud after being promised high returns from stock market investments, and was later allegedly thre...
UPMSCL, Created to Curb Corruption, Now Under Lens in ₹100 Crore Medical Supply Scam The Enforcement Directorate has begun investigating an alleged ₹100 crore scam involving the supply of medicines and medical equipment to government hospitals and medical colleges in Uttar Pradesh, ex...
US Lawmakers Seek Entity List Action Against Three Indian Firms Over Hack-for-Hire Allegations Three U.S. lawmakers have urged the Trump administration to place three India-based companies on the U.S. Commerce Department's Entity List , alleging that they have been associated with long-running ...
CBI Chargesheets IFoS Officer and Wife in ₹75.4 Crore CREST Fraud Case The Central Bureau of Investigation (CBI) has filed a chargesheet against former CREST chief executive officer and Indian Forest Service officer Navneet Srivastava , his wife and a private company in ...
