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
Lack of knowledge and awareness often makes it easier for scammers to mislead or manipulate individuals new to trading and investment. Deepak (name changed) fell victim to one such fraud when a broker manipulated him using a fake app, ultimately causing a significant loss of capital. However, with our team’s dedicated efforts, Deepak was able
These days it is common to come across various types of financial fraud happening in the country. But have you ever thought of a scam where a person with a different nationality not belonging to your country could make you fall into his trap? Yes, you heard that right. People are always warned to stay
In today’s world, the requirement for loans to meet financial needs has increased significantly. The increasing demand opened up the supply and offers like “0% interest loans”. Well, this offer attracts many people looking for one or the other finance services. Not knowing the hidden scam behind this Akshay (name changed) got trapped in it
In an alarming case of cyber fraud, a computer engineer from Tirupati referred to as Marisarla Balaji Naidu, was arrested for scamming over 200 individuals by exploiting an online platform for fake mobile sales. Since 2018, Marisarla generated nearly ₹60 lakh through these fraudulent activities, with 19 cases registered against him across districts in Andhra
What happens when trust turns into betrayal, and promises of high returns lead to financial devastation? Raju Sohanda is fighting a relentless battle against Neumec Estate Developer LLP, a Mumbai-based builder accused of scamming his mother and countless others with fraudulent investment schemes. Despite threats and legal hurdles, Raju’s determination has uncovered the depth of
Like every casual day, Nikita opened her trading account to look for trades, unaware of what surprise was waiting for her. With a shocker waiting for Nikita, she was astonished to see that her account balance was -50,000 Nikita panicked and immediately contacted customer support of her stock broker to enquire how is it even
While scrolling through your social media feed, a post catches your eye: “Free stock Tips for 2024! Huge profits, Quick Gains.” The account looks legit, as many users have added positive testimonials. You wondered, “What’s the harm in trying out some free tips to make a profit?” Let’s click on the link and give it
Cryptocurrency has been a new avenue for investors to achieve financial prosperity. They promise quick transactions and potentially large profits. Although the excitement for this digital currency is growing, scammers are reaping the benefit of its popularity leading to the spread of crypto scams-one of the common types of cyber crimes in India these days.
In 2024, more than 9 lakh complaints were reported in cybercrime in just 4 months. Most of these complaints were related to investment or financial scams. One of those is the fraud related to the famous HIBOX Scam which started from YouTube. Now along with this, there are many investment scams on YouTube. Many fake
Time has changed, and so has matchmaking. Gone are the days when families would meet to build connections and decide their children’s futures. Even familiar families conduct thorough background checks to secure their children’s well-being. However, with digitization, matchmaking has migrated online, with matrimonial sites playing a crucial role. Every day, thousands of people use
