Scams

Stop scams before they start: Protect your money and accounts

Your money is safe—if you stay alert, follow a few smart rules and treat your bank account like a high-security vault.

DoT calls claiming to block your phone number may be a scam; here’s why you should be careful

ne of the most common scams these days is threatening them into blocking the phone number by pretending to be an official from the Department of Telecommunications.

Aadhaar can help tackle deepfake scams like digital arrests, says Nandan Nilekani

Nilekani noted the emergence of digital arrests, a scam where victims are tricked into believing that they have been detained virtually

Karnataka online trading frauds: Losses skyrocket from Rs 23 crore in 2022 to Rs 903 crore by mid-2024

Most victims from Karnataka are educated professionals, particularly techies from Bengaluru, who were duped after being enticed by fraudsters with promises of high returns or IPO allocation. And this has been a trend across the country when it comes to fake broking apps.

Google Messages’s new feature may keep Android users safe from ‘scam’ links, here’s how

Google is reportedly working on a new pop-up feature for Google Messages that will warn users from clicking spam or phishing links.

Karnataka to conduct socio-economic and behavioural analysis to tackle investment frauds

The Office of the Special Officer & Competent Authority, tasked with investigating scams like the I-Monetary Advisory (IMA) scam under the Karnataka Protection of Interest of Depositors in Financial Establishments Act, will carry out a detailed study on investment patterns, repercussions, and necessary interventions.

Banking Central | Crypto scams on the rise, time's ripe for regulation on virtual assets

In the 2024 Budget, the Narendra Modi government has an opportunity to bring clarity on the Indian government’s thinking on regulation of virtual assets. Will that happen this time?

7 unique digital frauds and how to avoid them

Exercise caution when interacting online, avoid suspicious links, and verify identities before sharing sensitive information.

UPA govt was involved in scams worth Rs 12 lakh crore: Amit Shah

"Modi replaced the UPA government which was involved in scams worth Rs 12 lakh crore. The prime minister has laid the strong foundation for a corruption-free India," Shah said addressing a public rally here.

WhatsApp Job Scam: 5 Tips To Ensure You Don’t Get Scammed!

For quite a few days we have been hearing about these WhatsApp scams and how people are falling into the trap of these scammers! But what are the solutions? As a user, what are your options? Watch this video in which cyber security expert Abheek Dutta talks about the steps that can be taken to stay safe from these WhatsApp scams.

'Sharab', 'shiksha' scams twin towers of corruption in Delhi govt: BJP

The BJP leaders also alleged that the Delhi government escalated the cost of building classrooms multiple times and projected several schools toilets as classrooms to justify the "bloated" costs.

RBI working on database of scamsters to check bank frauds

The central bank plans to blacklist the phone numbers and IP addresses used to scam bank customers

Romance scams explode, leaving broken hearts and millions lost

Digital romance scams have surged over the past two years, leading to millions of dollars in losses for people who were wooed and then duped out of money.

Loan app harassment cases on the rise in Mumbai, 4 FIRs registered in 4 days

A cloth trader and a Mumbai-based journalist were also harassed in a similar manner, with loan recovery agents circulating their morphed pictures showing them in compromising positions with women. Both persons have registered police complaints.

A freshly appointed official first noticed the fraud at Punjab National Bank

A new official who took charge noticed the fraud and wrote to the CBI on January 29, naming two PNB officials.

ED cracks whip on bureaucrats; raids 18 senior officials across nine states

The law enforcement agency on Thursday raided atleast 18 senior bureaucrats involved in various scams across in nine states including Delhi, Bihar and Karnataka.

Increasing cheque fraud cases: How to prevent it?

As the cheque frauds are on the rise and the most sophisticated cheques too are falling victim to frauds, it makes sense to opt for online transfer of funds.

Modi lists 'scams' in Lalu's home turf

Reaching out to youths with promise of employment and bringing an end to distress migration, Modi said he wants to remind them of the scams that happened in past here.

After govt scams, India lags in corp governance too: Study

62% of the companies surveyed do not have a formal policy statement forbidding bribes to secure business contracts, while 91% do not have anti-corruption training for employees and Indian companies are the least likely to have whistle-blowing mechanisms.

Govt may do away with SEZ policy

Commerce ministry has asked the Export Promotion Council for EoUs and SEZs (EPCES) to commission on a study to Icrier to find if the SEZs have met their economic objectives for which the programme had been rolled out

New defence procurement policy comes into force

A new defence procurement policy came into force on Saturday which aims at enhancing transparency and in military purchases. Terming defence acquisition as a "complex" process, the defence minister said, it needs to balance the competing requirements of expeditious procurement.

Definite need to expand scope of Sebi's power: Expert

The finance ministry‘s move to amend the Securities Law in order to enable Sebi to regulate collective investment could be reactive, as they follow recent scams, but there definitely is need to expand the scope of the market regulator‘s power, says Sandeep Parekh, founder, Finsec Law Advisors.