“Sir, these Letters of Undertakings (LoUs) don’t match our system entries…” The junior bank officer stared at his computer screen, unsure whether he’d made a mistake or uncovered something massive. This is how the biggest scam in Indian banking history came to light, not with a bang, but with a small doubt. Back in 2018, […]
It’s one thing to lose money in the markets. It’s another to lose it because someone convinced you to trust them, and then vanished when things went south. This is the story of Yogesh Gupta. But it’s also a story of how persistence, awareness, and a little help from the right people can turn the
“So… I never applied for any loan, but suddenly I’m getting recovery calls. What’s going on?” If you’ve ever found yourself in a similar situation, trust me, you’re not alone. Over the past few years, India has seen a massive spike in loan-related frauds, and not just from shady loan apps. We’re talking fake NBFCs,
“I had invested because my neighbor told me she got double the money in just two years. It felt like a godsend,” said Shambhu Das, a retired schoolteacher from West Bengal. “Now it feels like I was just a pawn in someone else’s game.” His voice cracked when he said that. And he’s not alone;
It started, like most scams do, with a too-good-to-be-true opportunity. Manish Kumar, a Patna-based businessman with a decent reputation in his circle, got a call in early 2024. The voice on the other end was polite, smooth, and confident. The man introduced himself as an executive from a firm called Unicorn Auctions Corporation, a Kolkata-based
Delhi, the city that holds the dreams of millions, has a darker side that many don’t see. It’s a place where the promise of affordable housing turned into a nightmare for many, because of the massive scam involving fake loans and fraudulent flats. What was intended to be a helping hand for the economically weaker
It was supposed to be a quiet Tuesday. Ramesh (name changed), a seasoned software engineer from Hyderabad, had just wrapped up a client call and was halfway through his coffee when his phone buzzed. An email notification. Then another. And another. “Account successfully created,” one read. “Transaction of ₹4,20,000 processed,” said the next. He blinked.
There’s something heartbreaking about hearing stories about people who serve our nation falling prey to scams that many of us don’t think twice about. The kind of scam that doesn’t come in with noise or force, but with a soft, calm voice and a well-rehearsed script. This is the story of Hemant Kumar, a 48-year-old
“I just got ₹5,000 cashback from Flipkart! Check this QR code; you might get lucky too!” It was a message from Rakesh’s college buddy, Rohan. The screenshot showed a successful UPI transaction, complete with a ₹5,000 credit. Tempted, I scanned the QR code. A few taps later, my phone buzzed, not with a credit, but
So, you clicked on a link, or maybe someone called pretending to be from your bank, and the next thing you know, money’s gone from your account. If you’re reading this, chances are you (or someone you know) just got hit by a UPI fraud. It sucks. It’s scary. And honestly, it happens way more
Open your phone on any given day, and you’ll likely come across yet another case of bank fraud. From phishing scams and OTP thefts to unauthorized debits, these financial traps are on the rise. That’s why everyone needs to know how to report bank fraud in India. Quick action isn’t just important—it’s your best defense
“I just had a chat with a Google engineer on LinkedIn. She offered to mentor me for ₹3,000 an hour. Said she could refer me internally, too.” Amit’s eyes were glowing. Fresh out of college, with a Comp Sci degree and big dreams of landing at Google, he thought he’d hit the jackpot. “What’s her
