Jun 19, 2021 11:10 AM IST
The bank suggested three tips to safeguard one's account before you click on any link. The bank never sends links to update KYC. Don't share your mobile number and confidential data with anyone.
- Jun 16, 2021 01:03 PM IST
Adoption of robust governance controls are a must to prevent and mitigate frauds in private businesses.
- Jun 04, 2021 01:02 PM IST
From fake medicines to fire extinguishers disguised as oxygen cylinders and recycled personal protective equipment, India's coronavirus hell has been lucrative for its ever-inventive army of scammers, with sometimes deadly consequences.
- Jun 03, 2021 07:36 PM IST
The share of suspected fraudulent digital transaction attempts originating from India increased 28.32 percent over the 12 months ending March, 2021 compared with the previous 12 months, according to a report.
- May 20, 2021 03:08 PM IST
Criminals are mining personal data of people seeking help on social media. Many have been duped to pay advance money to cybercriminals and there are cases of women being forced to sleep with a man to get supplies. Cyber experts say criminals will keep misusing the data
- Apr 12, 2021 12:02 PM IST
SBI with the help of Twitter informed its customer about this new kind of cyber fraud where fraudsters are using victim's online FD account to siphon off money.
- Mar 27, 2021 11:09 AM IST
The catch however, is that US authorities do not know where Reynolds is and would find it difficult to recover the money.
- Mar 09, 2021 10:27 PM IST
The prime accused, who earlier worked in a finance firm, conspired with other accused and during 2013-2017 committed at least five offences.
- Mar 05, 2021 10:57 PM IST
The administrator of the company received an initial report from the transaction Auditor, indicating that there are certain transactions which are undervalued, fraudulent and preferential in nature, DHFL said in a regulatory filing.
- Mar 03, 2021 09:15 PM IST
In a circular, Sebi said that code of conduct and institutional mechanism for prevention of fraud or market abuse will be applicable to market infrastructure institutions (MIIs) — exchanges, clearing corporations and depositories–on lines of insider trading norms.
- Mar 02, 2021 09:01 AM IST
Based on investigation, it appeared that PSR Metals was involved in using bazaar scrap to manufacture battery lead and was using the input tax credit of fresh batteries while clearing these new batteries without issuance of invoices.
- Feb 19, 2021 11:06 AM IST
As part of the Public Awareness initiative by the RBI, its Twitter and Facebook page called 'RBI says' usually puts out pictures and messages in multiple Indian languages.
- Feb 15, 2021 08:54 PM IST
In one case, four non-existent firms were created by the main perpetrators to pass on ITC of Rs 54 crore, primarily to 14 other firms.
- Jan 21, 2021 04:04 PM IST
Entities with unique header IDs on the telcos’ distributor ledger technology platform have time till January 31 to submit templates of all possible content they wish to send customers
- Jan 01, 2021 08:38 PM IST
The growth came to an abrupt halt in 2015 with the account turning into a Non-Performing Asset (NPA) and it was ultimately declared a fraud in 2019.
- Dec 02, 2020 05:04 PM IST
The money collected over one-and-a-half years by the Statue of Unity management was handed over to the a cash collection agency hired by a private bank in Vadodara. Some staffers of the agency allegedly did not deposit Rs 5,24,77,375 into the bank accounts of the Statue of Unity authorities.
- Nov 30, 2020 09:59 AM IST
He was arrested from a house in the Binnypet area on November 28 after a six-month long chase and is now in judicial custody,
- Nov 27, 2020 08:57 AM IST
As part of a nationwide drive against fake invoices, the Central GST Commissionerates and the Directorate General of GST Intelligence have so far arrested 59 people
- Oct 01, 2020 08:35 PM IST
From January 2011, the accounts of the company started becoming irregular and finally declared non performing assets on April 15, 2011, SBI has alleged in its complaint, which is now part of the CBI FIR.
- Apr 20, 2020 06:43 PM IST
By telephone, phishing emails, text messages or social media promotions, unscrupulous actors are using their warped creativity to separate people from their cash.
- Feb 24, 2020 08:55 AM IST
For any EPF-related claims, do it yourself on the EPFO website or seek guidance from the HR department of your organisation instead of relying on an unknown third person
- Feb 04, 2020 10:20 PM IST
After nabbing him, police learnt that the Kanpur youth has used the same modus operandi to dupe at least ten people in the past.
- Feb 04, 2020 07:05 PM IST
"As per data maintained by the National Crime Records Bureau, 3,466 and 3,353 cases of online frauds were registered in 2017 and 2018, respectively," he said replying to a written question.
- Feb 04, 2020 11:01 AM IST
The labourer said a local trader had taken copies of his Aadhaar card and voter ID, which may have been used to open and operate the bank account
- Jan 24, 2020 12:12 PM IST
Among the lenders, SBI was the first to classify the account as ‘fraud’, followed by ICICI Bank and then IDBI Bank.