Youngsters, especially college students, always face a shortage of funds and look for alternative ways to earn quick and easy money. But sometimes these easy options prove to be costly later. How? Take the case of Ramesh, a young boy who graduated from one of the colleges in Delhi, received a call from an unknown […]
After the COVID phase, the scope of online and work-from-home opportunities increased significantly, which undoubtedly brought many opportunities for people to work remotely. Along with this benefit, it has also brought an opportunity for scammers to use their masterminds to scam people looking for such work. Recently, news came out that a Pune-based resident lost
Everyone works hard and earns money at a young age to live a financially sound and peaceful life after retirement. But what if, your hard-earned money is lost and vanished in a blink? Scary, isn’t it? This is something that senior citizens in India are already facing. Every other day one or the other case
Just like your income rises when you add money to it and falls when you spend it. Similarly, a nation’s growth and economy are determined by its GDP, which remains stable if the money stays within the country. It grows when foreign currency flows in and shrinks when it flows out. Thinking why that is
India is renowned worldwide for its extravagant wedding celebrations. Known for their lavishness, Indians often spend anywhere from lakhs to crores on weddings, depending on their financial status, traditions, and preferences. These occasions hold immense cultural and emotional significance, reflected in the elaborate arrangements and festivities. The simplicity of WhatsApp messages has replaced the custom
“Why do you make payments using UPI?” What would be your answer to this question? Pretty Obvious you would say to pay and receive money conveniently to remove the problem of cash payments. What if this convenience comes at the cost of your savings or hard-earned money? Your answer to the question would be an
It was a pleasant October morning, Krishna, a resident of Vasant Enclave in Delhi was enjoying his cup of coffee when he received an unknown call. “Hello, who is this?” replied Krishna on receiving the call. “Hello, I am a Treasury officer calling from Gwalior” replied the person on the other side of the call.
Nitish (name changed), a new trader with big hopes and dreams of making money through trading, unfortunately, fell into the trap of promises for quick gains in forex trading. This led to a loss of over ₹10 lakh. With the help of our team, Nitish successfully recovered ₹8.10 lakh. Continue reading to learn how he
Opening a demat account and being bombarded with calls offering advisory services? This is a common scenario for many new traders. In their eagerness to seek proper guidance, many end up availing of such services without a thorough understanding of the regulations. Something similar happened to Harsh (name changed), who lost his hard-earned money in
In an era of rapid digital transformation, the convenience of technology comes with lot of challenges. One among those is the rising trend of Digital Arrest Scams. It is a sophisticated form of cyber fraud designed to exploit fear and manipulate victims. Recently, a retired lecturer Ch. Purshotham Sharma got trapped in the scam and
In a major crackdown, the Enforcement Directorate (ED) recently arrested a Bengaluru resident involved in large-scale bank loan and tax scams in India. The accused, Dinesh (name changed), allegedly collected over ₹10 crore by exploiting financial systems, and funneling the proceeds into gold, jewelry, cash, and cryptocurrency investments. The Dual-Front Scam: Bank Loans and Tax
It’s Election time in Maharashtra. What else could be the most appropriate time to expose financial scams involving members of different political parties? The involvement of party representatives in scams sparks controversy in elections and can turn the game on any side. Amidst the elections in Maharastra, a similar case came to light involving a
