IDENTITY FRAUD
European Union sues IBM and two European companies over troubled border system: Report
The European Union has initiated legal proceedings against IBM, Atos, and Leonardo for delays in the Entry/Exit System. EU-Lisa reported these delays occurred during the system's development, not affecting its operation. The consortium was awarded a contract in 2019 for implementation and maintenance. In a letter from October 2021, the companies contested a fine imposed on them. They cited external factors like the COVID-19 pandemic as reasons for the delays.
Rebranding after defeat: Vance's quest to establish a strong identity for the 2028 election cycle
Vice President JD Vance has recently altered his campaign strategy to emphasize his political policies and identity. He argued that the Republican focus should shift away from Donald Trump's issues that contributed to their midterm losses. Vance called for addressing economic concerns and ending the Iran war, which he believes negatively impacted Republican candidates.
Fake US officials, forged court orders and gold pick-ups: How a Hyderabad call centre targeted nearly 2 million citizens and stole Rs 261 crore
The Enforcement Directorate has uncovered a fake call centre syndicate that allegedly defrauded US citizens of millions. Investigators arrested seven individuals involved in this international money laundering operation. The syndicate impersonated US federal officials and pressured victims to pay money through various channels. Seized evidence includes forged documents and the personal information of numerous US nationals. The investigation continues to identify additional participants and trace the flow of illegal funds.
Arab parties extend a hand to try and topple Netanyahu, but challenges remain
Arab lawmaker Ahmad Tibi mentioned the Joint List's potential partnership with Jewish parties to oust Netanyahu. This collaboration could alter decades of Israeli political traditions and dynamics. The Joint List seeks to influence outgoing government decisions while remaining outside its administration. Netanyahu's opponents face a dilemma regarding the inclusion of Arab parties due to historical mistrust.
Digital recruitment is creating a new cybersecurity risk for employers
Online hiring has made it easier for companies to reach candidates across locations, but it has also exposed recruitment processes to identity fraud, manipulated assessments and misuse of personal information. HR teams are increasingly responsible for protecting the integrity and security of the hiring process.
OneStack raises Rs 12.5 crore to take cooperative banks deeper into UPI ecosystem
OneStack, a fintech provider, secured ₹12.5 crore funding to enhance cooperative bank participation in UPI payments. The funding will help expand services among cooperative banks and NBFCs while developing compliance offerings. Partner banks can now act as UPI issuers and acquirers, which improves revenue opportunities. This shift allows banks to maintain direct relationships with customers and merchants while managing transaction data.
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L&T Finance Pitch Point 2.0: Where an AI startup’s big idea meets enterprise scale
Pitch Point, L&T Finance’s contest for AI startups, is back for a second edition. Last year’s winners, Arrowhead AI and SpoofSense, talk about what they got out of it and what they would tell this year’s new applicants.
ETtech Explainer: Why SIM-binding is a concern for consumers and businesses
A new study raises alarms about the Department of Telecommunications' proposed SIM-binding requirement for messaging applications. The mandate could severely disrupt operations for consumers and businesses alike, especially impacting international travelers who depend on local SIMs or Wi-Fi. Businesses are bracing for heightened costs and difficulties tied to limited device accessibility.
A referendum on Trump, election monitors and a Democratic shift: What to watch on Election Day
President Trump's performance will be scrutinized during the upcoming midterm elections as voter turnout surges. Polls suggest that Democrats may gain significant congressional seats based on voter dissatisfaction. Trump's base is expected to show strong turnout, but Democrats appear more motivated to vote. Concerns about potential interference, including the dispatching of federal agents, have also been raised. The results could reshape party dynamics and influence the next presidential cycle.
Innefu Labs’ AI platform uncovers suspected Rs 5,700 crore GST fraud network
According to Innefu Labs, Prophecy Eagle I identified several patterns, including the alleged reuse of the same facial identity across multiple business registrations in different geographical regions within a month.
Australia's new biometric rule for Indian visa applicants: Who will have to comply? High Commission clarifies
Australian High Commission in India has exclusively mentioned that Australia’s expanded biometric requirements will cover most temporary and permanent visa applicants in India, including visitor, student, skilled-worker and permanent-migration applicants, while the requirement will be determined by individual circumstances; Indian officials travelling on official business are exempt.
India is addressing Wall Street’s favourite ‘elephant’ in the room to its own advantage
The Indian government has identified 762 potential applications of artificial intelligence across 62 ministries and departments, spanning farming, railway safety, tax compliance, public grievances, customs and healthcare. While some tools are already in use, others remain in pilot or development stages.
Social media norms, AI, deepfakes, chips among others on review list of parliamentary panel in 2026-27
The development comes as several incidents of age-inappropriate content, circulation of child sexual abuse material (CSAM), and alleged censorship on social media have been reported widely.
Savannah Chrisley's fiance Jason Galanis, a former Hunter Biden associate, was sentenced to over 15 years in prison before being pardoned by Trump
Savannah Chrisley recently shared on her podcast that she is expecting her first child with fiancé Jason Galanis. Galanis, a businessman with a criminal history, was previously sentenced over fraud schemes. Their relationship began in July last year, and the pair got engaged in December 2025. The wedding was postponed to May 2027 after Chrisley's pregnancy announcement.
Mumbai man posed as doctor for nearly 30 years, Rs 188 crore transactions across 30 bank accounts under scanner
Dharmendrakumar Singh posed as a doctor for almost three decades and misappropriated Rs 188 crore. He allegedly diverted funds from various trusts and organizations to relatives and associates. Investigators scrutinized a tuberculosis screening project that had numerous unverified beneficiary records. During a July search, the police seized medical supplies and documents linked to his operations. The ongoing investigation focuses on the misuse of CSR funds and fraudulent healthcare initiatives.
Rs 98,000 curd: Bengaluru woman orders curd on blinkit, receives damaged packet, calls customer care number found online and loses Rs 98,000
A 56-year-old Bengaluru woman allegedly lost Rs 98,000 after ordering curd on Blinkit and finding the packet damaged. Her search for a customer care number led her to fraudsters posing as support representatives, who sent a WhatsApp link and guided her through a process that ended with money debited from her bank account.
Australia expands biometric collection requirements for visa applicants in India
From October 26 Australia will require biometrics from new visa applicants in India. This includes providing fingerprints and a facial image for identification purposes. Applicants will be notified via email if they need to comply with these requirements. Biometrics will enhance the security and efficiency of the visa application process, aligning Australia with international practices.
65 chargesheeted in cases involving illegal stay in Jammu by Pakistani nationals: Official
Chargesheets have been filed against 65 individuals involved in cases of illegal Pakistani nationals in Jammu division. Investigations revealed that some Pakistani nationals had fraudulently obtained Indian identity documents while illegally residing in various districts. The Special Crime Wing conducted a thorough investigation and traced multiple families originally from Sindh, Lahore, and other regions in Pakistan.
Who is Mercedes Reshard New? Influencer with extravagant lifestyle, known online as 'Shawty Dred', arrested over $4m fraud involving hundreds of SNAP accounts
An influencer known as "Shawty Dred" has been arrested in Georgia in connection with a major SNAP fraud case. He is accused of controlling more than 350 fake SNAP accounts created with stolen identities. The alleged fraud resulted in the theft of more than $4 million intended for families in need. New was previously arrested after being accused of selling SNAP benefit cards at a local store.
Lulu Group loses Rs 1.64 crore in email fraud: How impersonators used Italian company’s identity to cheat retail giant
Lulu Group email fraud: Kochi City Police have registered a case and launched an investigation into an alleged email impersonation fraud in which unidentified persons posing as representatives of an Italian company cheated Lulu Group of around Rs 1.64 crore. According to the FIR, the fraudsters sent fake invoices and bank details for gaming equipment payments, prompting the group to transfer 150,500 euros to accounts provided by them.
Property inheritance without a Will: When can a release deed be required in case of Intestate succession?
In instances where an individual passes away without leaving a Will, it may be essential for legal heirs to execute a release deed to streamline property division. This deed enables co-owners to relinquish their interests officially in favor of another heir, mitigating future inheritance disputes. Even registered Wills may occasionally require this document, particularly if the registrar mandates it, necessitating legal advice to navigate the challenges.
Why Norwegians are buying gold and leaving it in forests
A gold investment scam in Norway has prompted banks to warn customers after victims were allegedly persuaded to buy gold and leave it in forests, believing it would be kept safe as its value increased. Finans Norge says cases have been reported around Oslo and in Bergen, as authorities and banks step up efforts to raise awareness about financial fraud.
Cyber Fraud Alert: Man loses Rs 5.85 lakh after opening fake wedding invitation sent on WhatsApp
A businessman in India lost Rs 5.85 lakh after opening a malicious APK file disguised as a wedding invitation. The victim opened the file received through WhatsApp, which compromised his smartphone without his awareness. Subsequently, unauthorized transactions began to occur from his bank account, leading to significant financial loss for him. Investigators are now looking into the circulation of malware through WhatsApp among victims.
NHB appoints forensic auditor for SRG Housing Finance
The National Housing Bank (NHB) has appointed ASA & Associates LLP to conduct a forensic audit of SRG Housing Finance amid allegations of fictitious loan accounts worth ₹300–400 crore, repayment record manipulation and possible fund diversion. The investigation will examine loan disbursements, borrower identities, asset classifications and fund usage, with findings potentially shaping regulatory action and the lender’s financial outlook.
Florida cop accused of spending $214,000 renovating a dead man’s home he allegedly took over for years
Brian Louis Sguros, a police officer, allegedly took control of Dennis West's home after his death. Investigators claim he used West's identity to facilitate renovations and obtain permits. The renovations reportedly cost over $214,000, which Sguros sought to recover through a civil complaint. The situation escalated when a real estate company claimed rightful ownership of the property. Ultimately, a criminal investigation was launched, leading to various felony charges against Sguros.
SBI data leak: Is your bank account safe? What was breached and should you worry?
SBI bank data breach: Country's largest bank, SBI, is investigating a suspected data leak involving nearly 4,000 customer records identified on the dark web. Here is what information was exposed, whether your bank account is safe and the precautions customers should take.
Social Security Administration database cleanup is underway with nearly 50 million records corrected: What it means for your monthly benefits
The Social Security Administration has corrected nearly 50 million records in its biggest database cleanup yet. Here’s what the changes to death dates and citizenship information could mean for Social Security beneficiaries and their monthly checks.
Rs 24 crore cash sales in Form 26AS, Rs 4-crore tax demand: How a five-star hotel cook won his case in Delhi High Court
Mr. Lalit, a cook at Hotel Ashoka, received a surprising income tax notice claiming Rs 4 crore. This notice cited Rs 24 crore in cash sales attributed to him, leading to significant distress. His Form 26AS incorrectly showed these transactions, prompting Lalit to file a complaint regarding identity theft. The Delhi High Court ultimately canceled the tax demand, finding insufficient evidence from the Income Tax Department.
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