NEW GMAIL SCAM FRAUD

Bengaluru woman calls customer care to seek Rs 441 refund for ill-fitting clothes, loses Rs 1.05 lakh

A Bengaluru woman lost Rs 1.05 lakh while trying to get a Rs 441 refund for ill-fitting clothes after contacting a fake customer care number found online. In a separate incident, another woman lost Rs 98,000 while seeking a replacement for a damaged curd packet ordered through Blinkit.

Google turns off AI for schoolchildren by default

Google has said it will switch off its AI tools for schoolchildren by default, after drawing criticism for pushing artificial intelligence features to students while schools are still debating how the technology should be used in classrooms. The feature was switched on by default for students at schools that had already enabled Gemini.

Mahadev case: Chandrakar's custody needed to identify officials who got 'protection money', says CBI

Saurabh Chandrakar, accused of masterminding the Mahadev betting app scam, was extradited from Oman for interrogation. The Central Bureau of Investigation is seeking information on Chhattisgarh public servants allegedly involved in corruption. Reports claim that huge amounts of protection money were paid to facilitate illegal operations of the betting syndicate. Investigations have revealed a substantial financial network utilising fake bank accounts for gambling transactions.

Lost money to a UPI scam? The first 3 days could decide how much you can recover

In the blink of an eye, UPI scams can wipe out your bank savings, but there's hope for victims. The Reserve Bank of India stands ready to safeguard you against unauthorized transactions. Discover essential actions to take the moment fraud strikes, understand how liability is assessed, and find out what steps to take if your bank turns down your claim.

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.

CBI files FIR in $10 mn 'fraud' in Exim Bank involving UK-based company

The Central Bureau of Investigation has registered a case involving a USD 10 million fraud. This fraud is related to India Exim Bank and a UK-based company named Hanjer Biotech. Officials allege that the company diverted funds after requesting a loan for a recycling project. The loan was approved in 2012 but classified as a non-performing asset in 2014. The entire amount was reportedly siphoned off, leading to the investigation.

Stockal scam: Trading platform says unauthorised third party accessed customer accounts

Stockal has disclosed that unauthorized trading practices impacted 13 client accounts, resulting in notable financial losses. Investors claim their assets were liquidated without consent, redirecting funds towards unauthorized transactions. An investigation revealed there was no compromise within Stockal's systems; however, it points to a likely social engineering incident. Affected investors have reached out to regulatory bodies in India and the U.S.

Dreambeans now in India: What to know about Google’s personalised AI visual stories app

Google has launched its innovative Dreambeans app in India, aimed at transforming personal moments into captivating visual stories. By utilizing data from services like Gmail and Photos, the app crafts unique narratives that resonate with users' experiences. Privacy is prioritized, allowing users to curate what they share and disconnect services anytime.

Scam 2010 OTT release details: When and where to watch the show on Subrata Roy's controversies by director Hansal Mehta

Scam 2010, the third instalment of Hansal Mehta’s popular crime anthology, will explore the rise and controversies of Sahara Group founder Subrata Roy. Starring Siddharth Bodke in the lead role, the series is based on journalist Tamal Bandyopadhyay’s book Sahara: The Untold Story. After introducing audiences to Harshad Mehta and Abdul Karim Telgi in its previous seasons, the franchise is now turning to another major financial controversy.

Airtel's Gopal Vittal re-elected GSMA chair until 2028

Gopal Vittal has secured re-election as chair of the GSMA Board for the 2027-28 term, marking a decade of impactful service. With a focus on industry trust and security, he aims to shield customers and the mobile ecosystem from threats and scams. The board has also appointed Margherita Della Valle and Ralph Mupita as co-deputy chairs, highlighting a strong leadership team dedicated to enhancing global connectivity.

Government giving Rs 8,000 as diwali bonus? PIB responds to viral claim

The Press Information Bureau issued a warning about fraudulent WhatsApp messages claiming an Rs 8,000 Diwali bonus. These messages ask recipients to click on links to access a fake payment website. The messages aim to collect personal information and trick users into unauthorized transactions. Citizens are advised to verify such claims through official government websites and not to respond to suspicious messages.

Man joins WhatsApp group, downloads trading app & loses Rs 1.29 crore; fraudsters demand another Rs 20 lakh to release his money

A 70-year-old man from Bhiwandi, Thane, allegedly lost Rs 1.29 crore after cyber fraudsters lured him into investing through a fake online trading app promoted via a WhatsApp group. Police have registered a case against the accused, but no arrests have been made so far.

In 1907, gold and silver turned Rawhide, Nevada, into a town of 7,000; by 1910, only 500 remained after stock fraud, a major fire, and a flood wrecked the boom

In 1906, Rawhide, Nevada saw a surge in population, swelling to 7,000 residents after gold was discovered. However, by 1910, it faced a steep decline to about 500 inhabitants, driven by disasters like a severe fire in 1908 and flooding. Although the town was rich in gold and silver, scandals marred its image. Today, Rawhide is a sobering reminder of the fleeting glory of boomtowns.

LIVE | Trump's war against fraud: Scott Bessent reveals massive scam crackdown in Minnesota

RBI digital fraud rules from January 1, 2027: Will you get 85% of your money back after an online scam?

Rs 36.4 lakh fraud in Post Office through NSC and term deposit: India Post employees convicted; Madhya Pradesh HC grants relief to depositors

Employees at the Bina branch of India Post defrauded depositors out of Rs 36.4 lakh through forged documents. The Madhya Pradesh High Court has ordered the postal department to refund the victims with applicable interest. This decision follows a case where the victims were misled by unauthorized employees posing as authorized staff. The High Court's ruling emphasizes the trust placed in the postal employees by the victims.

SC cracks down on banks, seeks mandatory payouts to cyber fraud victims

The Supreme Court has questioned the Reserve Bank of India's effectiveness in preventing digital fraud. Financial institutions must be held accountable for their role in cybercrime under new regulations. A mandatory liability clause is essential to ensure victims are compensated for losses. The court emphasizes that banks should enhance preventive measures against unusual transactions. The Attorney General mentioned that the RBI is working on regulations to address these issues.

Phantom children, inflated food bills and a Somali restaurant: How a Minnesota nonprofit leader built a network for the $250 million COVID-19 food aid fraud scandal

A federal program in Minnesota aimed at feeding children was exploited for $250 million in fraud. Investigators found that individuals submitted fake meal counts and claimed reimbursements for meals not served. Aimee Bock, leader of Feeding Our Future, was convicted and is serving a nearly 42-year sentence. Salim Said, co-owner of Safari Restaurant, was sentenced to 30 years in prison for his involvement.

SC calls for compensation to digital fraud victims if banks fail due diligence

The Supreme Court has highlighted banks' accountability regarding digital fraud, asserting that victims deserve compensation for losses due to banks' lack of diligence. It called for enhanced preventive measures to spot suspicious transactions. Attorney General R Venkataramani remarked on a significant decrease in reported digital scams this year, but the court maintained that financial losses from cybercrime remain a pressing concern for the public.

Noida farmers' Rs 35 crore vanished from PNB village branch: How customers' savings disappeared without OTPs, withdrawal forms or message alerts

At least 16 account holders, mostly farmers, have accused employees of Punjab National Bank’s Aichhar village branch in Greater Noida of allegedly diverting fixed deposits worth an estimated Rs 35 crore. The bank has suspended five staffers, including the branch manager, and launched an internal probe. Police have registered an FIR and begun an investigation, while customers have protested outside the branch demanding the return of their money.

Supreme Court calls digital arrest scams 'digital dacoity', says offenders must be dealt with ruthlessly

The Supreme Court recently described digital arrest scams as a form of digital dacoity, highlighting their severity. Chief Justice Surya Kant emphasized the need for a stringent response to such organized frauds. Victims of these scams face intimidation through video calls, coercing them into transferring money. The court's remarks reflect growing concern over technology exploitation for criminal purposes. Punishing these ruthless criminals effectively is deemed essential to protect unsuspecting citizens.

Buy gold, then leave it in a forest: Bizarre investment scam in Norway is making victims lose their savings; banks issue warning

Gold scam: A bizarre investment scam in Norway is prompting warnings after victims were persuaded to buy gold and leave it at secluded forest locations, only for the precious metal to disappear. Finans Norge says the first cases emerged in spring, while separate figures reveal that Norwegian banks and their customers lost 962 million kroner to financial fraud last year.

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.