Imagine waking up one day to find your bank account drained or receiving credit card bills for purchases you never made. Scary, right? That’s exactly what happened in a shocking financial fraud case in Rourkela, where a tailor, a banker, and a tax consultant make a team to execute a massive credit card scam. The […]
One simple question for every investor and trader who trades in the market after doing their analysis: What specific parameters do you check before investing your capital in a company? Fundamentally, the company’s profit, revenue, and assets, right? Depending on this data, you consider some price action to take entry at the right time. This
Okay, let’s start the detail of this blog, with one simple question. How many of you often get involved in discussions about inflation, GDP, the growth of a particular company, etc? Well, many of you! No wonder, such discussions are healthy and help people understand investment opportunities and ways to grow their capital. But are
With so many investment options available today, the COVID pandemic has heightened the demand for insurance policies. Whether it’s life, term, or health insurance, people are increasingly seeking ways to protect themselves from unexpected financial burdens. Along with this, motor insurance, which is mandatory by law has also seen a rise in demand. People invest
When choosing a stock broker, what does a person generally look for? Trading platform, brokerage, and support services, right? If the broker gains trust in these parameters, the client becomes carefree in using the trading platform to grow financially. But what if the same broker that seems to be a value provider misuses data, does
To date, you might have come across multiple scams related to fake investment apps & websites that led to the loss of millions of capital. Most of the time, victims’ fund is circulated to multiple bank accounts making it difficult to track. But have you ever wondered how scammers manage to circulate those funds so
From coming across cyber crimes impacting individuals or small groups, the recent case shocked the nation. A 35-year-old MCA graduate exploited loopholes in India’s automated toll collection system, FASTag & siphoned off crores of rupees. This elaborate scam ran for two years, affecting 42 toll plazas across 14 states, indicating the widespread nature of the
Online cyber fraud is at an all-time high, with approximately 12 lakh complaints registered in India during the first nine months of 2024. Alarmingly, 30% of these scams target retired individuals. One such victim, a retired bank manager from Pune, lost her savings of ₹2.22 crores in the fake insurance policy scam. Let’s get into
The biggest global mela-Mahakumbh with the grand religious gathering is taking place in Prayagraj, Uttar Pradesh this year. The event is set to attract millions of devotees, pilgrims, and tourists from all over the world. Hence, it’s important to be extra cautious, as alongside the cultural celebration, the event could become an opportunity for cybercriminals
How many of you buy clothes online, try them on, and return what doesn’t fit or suit you? It’s a common practice these days. But imagine losing your entire bank balance while trying to claim a refund for a returned item. Sounds terrifying, doesn’t it? That’s exactly what happened to a man from Assam, who
You trust your broker from the very first step. You hand over your money, you place your trades, and you assume that money is sitting safely, ready for you whenever you want it back. But what happens when that trust is quietly broken behind the scenes? It makes you stop and wonder: can a stock
SEBI in its recent interim order disclosed shocking information regarding a front-running scheme planned by high-profile individuals, including Rohit Salgaocar and Ketan Parekh, along with several entities. This scandal involved unlawful gains from non-public information (NPI) which threw a light on the vulnerabilities within the securities market and its impact on retail traders and investors.
