Fraud Cases: News
26 Nov 2024
United States of AmericaAccounting employee hid over $130M in delivery expenses, says Macy's
Macy's, a leading US department store chain, has disclosed that an employee hid more than $130 million in company expenses over the course of some three years.
24 Nov 2024
HyderabadEx-ASCI project director charged with ₹88 lakh financial fraud
A former project director at the Administrative Staff College of India (ASCI) in Hyderabad has been accused of financial fraud. The alleged misconduct has reportedly cost the institution around ₹88 lakh.
23 Nov 2024
PulwamaJ&K police recovers ₹4.48 lakh from financial frauds since October
The Cyber Cell of the District Police in Pulwama, Jammu and Kashmir, has managed to recover ₹4.48 lakh from different financial frauds since October 2024.
20 Nov 2024
Cybercrimes45% Indians targeted by shopping scams this festive season: McAfee
A recent survey by global cybersecurity firm McAfee has highlighted the worrying trend of deepfake shopping scams in India.
18 Nov 2024
CybercrimesBeware of scammers pretending to represent Zerodha: Nithin Kamath
A recent surge in fake apps and websites, often masquerading as legitimate platforms, has alarmed Zerodha's co-founder and CEO Nithin Kamath.
17 Nov 2024
CybercrimesGurugram Police arrests 11 in ₹33cr cyber scam across India
The Gurugram Police's cybercrime unit has arrested 11 people in a major cyber fraud case.
17 Nov 2024
CybersecurityReceived scam call or message? Here's what you should do
With the rise of digital communication, we have also witnessed a surge in scam calls and messages.
13 Nov 2024
WhatsAppHow to protect yourself from WhatsApp wedding invitation scam
A new cyber scam, involving fake wedding invitations sent through WhatsApp, is on the rise. The Himachal Pradesh Police have issued a public warning about the deceptive practice.
28 Oct 2024
Pune PoliceHow an 8-member gang pulled off a ₹8,000cr GST scam
Pune Police have busted a massive Goods and Services Tax (GST) fraud, worth an estimated ₹5,000-₹8,000 crore. The elaborate scheme was masterminded by eight people who set up 246 fake firms across 13 states.
23 Oct 2024
BengaluruiPhone user loses ₹87,000 after downloading fraudulent 'Lounge Pass' app
In a shocking incident, a woman lost over ₹87,000 at Bengaluru's Kempegowda International Airport while trying to access a lounge.
22 Oct 2024
Sunil MittalAI misuse: Sunil Mittal's voice cloned to dupe Bharti executive
Bharti Enterprises Chairman Sunil Bharti Mittal has revealed an attempted fraud against his company using artificial intelligence (AI).
22 Oct 2024
BengaluruWhat is share trading scam and how to protect yourself
A 56-year-old man in Bengaluru lost ₹6.54 crore to an online share trading scheme, which promised a 1,500% return on investments.
14 Oct 2024
AmazonAmazon India penalized for selling hacked phone to customer
The District Consumer Disputes Redressal Commission has ordered Amazon Retail India to refund a woman ₹40,325, for selling her a compromised smartphone.
25 Sep 2024
United States of AmericaFTX fraud: Bankman-Fried's partner Caroline Ellison gets 2-year jail sentence
Caroline Ellison, a central figure in the prosecution of her ex-partner and FTX founder Sam Bankman-Fried, has been sentenced to two years in prison by a New York federal court.
19 Sep 2024
Diljit DosanjhDelhi woman duped of ₹15,000 in Diljit Dosanjh concert scam
Despite a warning from the Delhi Police about online scams related to singer-actor Diljit Dosanjh's upcoming Dil-Luminati concert, a woman from the national capital and her friend were reportedly duped of ₹15,000 and ₹6,000 respectively.
19 Sep 2024
Bollywood FilmsDeepak Tijori files ₹1.75cr cheating case against producer Vikram Khakhar
Bollywood actor Deepak Tijori has reportedly filed a fraud complaint against film producer Vikram Khakhar, accusing him of cheating him out of nearly ₹1.75 crore.
17 Sep 2024
Salman KhanSalman slams false US tour reports, warns action over fraud
Bollywood superstar Salman Khan has issued a clarification about rumors of his upcoming US tour in 2024.
04 Sep 2024
AssamAssam: 22-year-old arrested for ₹2,200 crore stock market scam
A 22-year-old man from Dibrugarh, Assam, identified as Bishal Phukan, has been arrested for allegedly masterminding a massive stock market fraud of approximately ₹2,200 crore.
30 Aug 2024
Music ConcertLil' Kim sued for $82K after alleged no-show at concert!
Grammy-winning rapper Lil' Kim has been accused of fraud by a Toronto music promoter, Remo Palladini, who claims that she accepted payment for a concert appearance but didn't show up.
17 Jul 2024
United States of AmericaUS: Chinese businessman Guo Wengui convicted in $1B fraud scheme
Chinese business magnate Guo Wengui, also known as Miles Kwok, was found guilty by a US jury on Tuesday for defrauding his followers in a $1 billion scheme.
26 Jun 2024
Raj Kundra'Truth will prevail': Shilpa Shetty, Raj Kundra address cheating allegations
Earlier this month, a Mumbai court directed a police investigation into a complaint against Shilpa Shetty Kundra, and her husband Raj Kundra for allegedly defrauding an investor.
16 May 2024
Malayalam MoviesMalayalam film producer Johny Thomas detained in cheating case
Johny Sagariga, a well-known Malayalam film producer also known as Johny Thomas, was taken into custody by the Coimbatore Police on Wednesday.
16 Apr 2024
CanadaFraudster gets 10-year prison sentence for $175 million psychic scam
Patrice Runner, a 57-year-old Canadian national with dual citizenship in France, has been sentenced to ten years in prison for masterminding a large-scale psychic scam.
12 Apr 2024
Akshay KumarMan poses to be Akshay Kumar's employee to cheat woman
In a recent development, Mumbai's Juhu Police Station has arrested an individual named Prince Kumar Sinha.
26 Feb 2024
ICICI BankICICI Bank shocker: Customer accuses manager of Rs. 16cr fraud
A woman named Shveta Sharma has accused a manager at ICICI Bank of defrauding her.
15 Jan 2024
South KoreaPark Min-young denies receiving 250M KRW from ex-boyfriend: Controversy explained
South Korean actor Park Min-young is currently facing allegations of receiving illegal funds from ex-boyfriend and businessman Kang Jong-hyun.
19 Dec 2023
StartupsThe full story of Nikola's founder and his imprisonment
Nikola founder Trevor Milton has been handed a four-year prison sentence after being found guilty of fraud in 2021.
11 Oct 2023
CryptocurrencySam Bankman-Fried 'directed me' to commit crimes, testifies ex-girlfriend
Caroline Ellison, the former CEO of Alameda Research and Sam Bankman-Fried's ex-girlfriend, appeared as a witness in the ongoing FTX fraud trial.
18 Sep 2023
Zareen Khan#NewsBytesExplainer: What's the 2018 cheating case against Zareen Khan
Zareen Khan is in the headlines for all the unwanted reasons.
08 Sep 2023
Tamil CinemaProducer Ravindar Chandrasekaran booked for Rs. 16cr fraud—what happens next
Tamil film producer Ravindar Chandrasekaran, who runs the production banner Libra Productions, has been booked by the Central Crime Branch for allegedly duping his "investment partner" of Rs. 15.83cr.
21 Jul 2023
ShakiraColombian singer Shakira to face second tax probe in Spain
Pop singer Shakira has been embroiled in an alleged multi-million tax evasion fraud case for years now.
04 Mar 2023
MalaysiaWho is Jho Low? Leonardo DiCaprio-Kim Kardashian's alleged fugitive 'friend'
Hollywood celebrities Leonardo DiCaprio and Kim Kardashian were questioned by the Federal Bureau of Investigation over their association and ties with wanted Malaysian fugitive Jho Low.
19 Nov 2022
United States of AmericaRise and fall of Theranos CEO Elizabeth Holmes
The CEO and founder of the failed Silicon Valley start-up Theranos, Elizabeth Holmes, has been given a sentence of over 11 years in jail for duping investors.
11 Jul 2022
EnglandUK woman takes over 100 driving tests for others; arrested
A 29-year-old UK-based woman was recently arrested for illegally taking more than 100 driving tests for other people.
23 Jun 2022
IndiaCBI books DHFL's Wadhawans in Rs. 34000-crore bank fraud case
The Central Bureau of Investigation (CBI) has booked former promoters of Dewan Housing Finance Corporation Ltd (DHFL), Kapil Wadhawan and Dheeraj Wadhawan, among 13 accused in the biggest-ever bank fraud case in India.
20 Apr 2022
Delhi PoliceWhatsApp video scam claiming Rs. 25 lakh reward returns
Select WhatsApp users are reportedly being targeted by a scam claiming a Rs. 25 lakh reward in a lucky draw for the television game show Kaun Banega Crorepati (KBC).
15 Feb 2022
OdishaOdisha: Man arrested for marrying, duping 14 women
A man was arrested on Monday in Odisha's Bhubaneswar for allegedly marrying 14 women and fleeing with their money, said a senior police officer.
10 Sep 2021
Delhi PoliceDelhi: Fake call center duping unemployed people busted
The Delhi Police has arrested 13 people from a fake South Delhi call center for allegedly duping at least 300 unemployed men and women on the pretext of finding them a job, officials said.
27 Aug 2021
MumbaiMumbai: Woman duped of Rs. 25 lakh; one arrested
The cyber police in Mumbai has arrested a 46-year-old man from Rajasthan for allegedly cheating a woman of Rs. 25 lakh by promising to sell her gold at a low rate, an official said on Thursday.
25 Aug 2021
United States of AmericaUS: Indian-origin executive sentenced to two years for $1.8mn fraud
A 48-year-old Indian-origin tech executive in the US has been sentenced to two years in prison for fraudulently obtaining nearly $1.8 million in federal COVID-19 disaster relief loans.
13 Aug 2021
Startups#NewsBytesExclusive: How the Russian start-up JuicyScore strategizes credit fraud prevention
With a presence in over 20 countries in just five years of starting-up, JuicyScore is a sophisticated risk management and fraud prevention solution for financial institutions.
06 Aug 2021
Delhi PoliceMan dupes 64 farmers of crop proceeds worth Rs. 3.5cr
Delhi Police's Economic Offenses Wing has arrested a man for allegedly duping over 60 farmers by persuading them to retain the proceeds of their sold crops with him on the pretext of giving them higher returns, officials said on Friday.
03 Aug 2021
NagpurTwo persons duped on the pretext of doubling money
Two persons were duped of Rs. 4 lakh by fraudsters on the pretext of doubling their money using a chemical in Nagpur city of Maharashtra, police officials said on Monday.
28 Jul 2021
iPhoneFaridabad youth duped people on pretext of cheap iPhones; arrested
A 22-year-old man was arrested from Faridabad, Haryana for allegedly cheating several people on the pretext of selling cheap iPhones, police said on Tuesday. The accused has been identified as Yogesh Tiwari.
26 Jul 2021
Uttar PradeshTwo men arrested for duping Amazon of lakhs: UP police
The Uttar Pradesh police has arrested two Haryana-based men who allegedly duped e-commerce giant Amazon of lakhs of rupees, officials said on Monday.
21 Jul 2021
DelhiDelhi: Three arrested for duping man on pretext of trade
Three persons were arrested for allegedly cheating a man of Rs. 13.5 lakh on the pretext of helping him make a huge profit through trade-in jatoba pods, police said on Wednesday.
19 Jul 2021
Madhya PradeshMP: Inter-state fake currency racket busted; four held
Madhya Pradesh Police has busted an inter-state racket of manufacturing and circulating fake currency notes and arrested four persons in this connection, a senior official said.
17 Jul 2021
GujaratTravel agency booked for overcharging tourists visiting 'Statue of Unity'
Police has registered an FIR against a Surat-based travel agency for allegedly tampering with the entry tickets of 23 tourists visiting the Statue of Unity located at Kevadia in Gujarat's Narmada district in order to overcharge them, officials said.
09 Jul 2021
Salman KhanChandigarh: Salman Khan, sister Alvira summoned in fraud, cheating case
A local businessman in Chandigarh has filed a case of fraud and cheating against actor Salman Khan, his sister Alvira Khan and seven other Being Human associates.
07 Jul 2021
Delhi PoliceDelhi: Man arrested for cheating people by impersonating IAS officer
A 42-year-old man has been arrested in West Delhi for cheating people on the pretext of getting them jobs in the Gulf countries by allegedly posing as an IAS officer, police said on Tuesday.
05 Jul 2021
State Bank of India (SBI)ED arrests Shakti Bhog CMD in money laundering case
The Enforcement Directorate (ED) arrested Kewal Krishan Kumar, Chairman and Managing Director (CMD) of Delhi-based Shakti Bhog Foods Limited, in a money laundering case linked to an alleged multi-crore bank loan fraud.
02 Jul 2021
Aadhaar CardSIM card vendor arrested for forging Aadhaar card details
A 27-year-old SIM card dealer was arrested from south Delhi in connection with a forgery and cheating case, police said on Friday.
18 Jun 2021
Ministry Of Home AffairsMinistry of Home Affairs launches national cyber fraud helpline
Considering the rapidly increasing instances of cyber fraud since the onset of remote working due to the pandemic, the central government has launched a national helpline number (155260) and reporting platform to help curb financial loss due to cyber fraud.
16 Jun 2021
MumbaiMan arrested for cheating by offering roles in films
A 47-year-old man has been arrested by the Cyber Police Station of the Mumbai crime branch for cheating a businessman of Rs. 32.69 lakh by offering a lead role to his daughter in a film, a police official said on Tuesday.
10 Jun 2021
UttarakhandUttarakhand Police busts Rs. 350 crore scam that duped lakhs
Uttarakhand Police has busted an online scam with foreign links, in which five lakh people from across the country lost a combined Rs. 350 crore, officials said on Thursday, adding a man was arrested from Noida in connection with it.
04 May 2021
MumbaiTelevision actor duped of Rs. 86,000, police complaint filed
A television actor in Mumbai became prey to a fraudster recently, costing him Rs. 86,000.
10 Apr 2021
Delhi PoliceMan arrested for deceiving people with fake job ads
A 48-year-old man was arrested from Kolkata for allegedly duping people by posting fake job advertisements online for work abroad, Delhi police said on Saturday.
25 Mar 2021
Uttar Pradesh54-year-old man arrested for duping people in name of Haj
A 54-year-old man was arrested from Uttar Pradesh for allegedly duping people in the name of Haj or Umra yatra, police said on Wednesday.
12 Feb 2021
WorldIndian-American engineer pleads guilty to COVID-19 relief fraud charges
An Indian-American engineer in the US has pleaded guilty to the charge of seeking more than $10 million in loans under a coronavirus relief program set up to help small businesses, the Department of Justice has said.
