Fraud

Avoiding loan scams requires vigilance and scepticism. Here are some red flags to watch out for and tips on how to stay away from loan scams
 

Dealing with phone fraud, such as scams and unwanted calls, can be frustrating and concerning. Here are six ways to deal with calling fraud.

The scam started with an automated voice call purportedly from TRAI, alarming the recipient about the imminent blocking of their phone number within two hours. Prompted to press 9 for further details, the call was seamlessly transferred to an individual posing as a representative from the Telecom Division.

A 29-year-old resident of north Bengaluru fell victim to an attention-diversion scam, losing Rs 2 lakh while attempting to deposit the cash at a bank. Distracted by an individual claiming to have found money, he later discovered his bag missing. Law enforcement has registered a case, but the perpetrator remains elusive.

Internet scams and fraud are rising, and we must protect ourselves. Check out these 7 steps to prevent falling victim to online scams and frauds.

The government has issued a cautionary alert, this time targeting Android and iPhone users about the proliferation of perilous apps designed to siphon money from victims' bank accounts.

The action followed by multiple FIRs registered by Maharashtra Police and Delhi Police against M/s Variable Tech Pte Ltd, late Amit Bhardwaj, Ajay Bhardwaj, Vivek Bhardwaj, Simpy Bhardwaj, Mahender Bhardwaj, and several MLM agents.

A voice cloning scam involves the use of technology to mimic someone's voice, often a person in a position of authority or familiarity, to deceive others for fraudulent purposes.

There is an increase of prevalence of cyber fraud in various parts of the state, with scammers impersonating authorities to extort money from unsuspecting victims. Instances include a resident of Ernakulam losing Rs 1.2 crore to a fake TRAI message and another individual being threatened by imposters claiming to be Mumbai police, resulting in a loss of Rs 30 lakh. 
 

Three women in Mumbai—PS Kewat, KS Yadav, and KB Kshatriya—have been targeted by loan sharks who are employing ruthless tactics, including threatening phone calls and manipulation of personal images, to coerce them into repaying loans they never took. Mumbai police are investigating, amidst a surge in loan fraud cases in the city, highlighting the need for stricter measures against such fraudsters.

Hemant Kumar Rai, an entertainment company owner in Lucknow, Uttar Pradesh, has filed a complaint alleging fraud of Rs 1 crore in connection with a promised film project based on Prime Minister Narendra Modi. He accuses individuals introduced by Sanjay Singh of taking his investment without progress on the project. An FIR has been filed, and investigations are underway.

In a significant development, a Vietnam court on Thursday sentenced real estate tycoon Truong My Lan to death for her involvement in a $12 billion fraud case, marking one of the sternest penalties amid the Communist Party's anti-corruption crackdown.

Economic Offence Wing of Mumbai police have arrested Vaibhav Pandya, stepbrother of cricketers Hardik and Krunal Pandya, for allegedly cheating them of around Rs 4 crore in business.

In Kalyan Nagar, Bengaluru, Bhaskar, owner of Manjunath Tiffin Hotel, was scammed out of ₹48,000 when a stranger claiming to be a technician offered to update his Paytm scanner for just one rupee. After the update, Bhaskar discovered the deduction and filed a complaint with Chandra Layout Police Station. Be cautious of such scams.

Sahebalal from Kalaburagi, Karnataka, was swindled by Nabi Natikawate and Mumtaz, losing Rs 1.80 lakhs in a visa scam. They promised a genuine visa for his son but delivered a fake one. Despite assurances of rectification or refund, they failed to deliver, leading Sahebalal to file a police complaint against them for fraud.