Tag: online fraud

Bengaluru techie loses Rs. 61.5 lakh in online scam on Telegram; here is what happened
Technology

Bengaluru techie loses Rs. 61.5 lakh in online scam on Telegram; here is what happened

[ad_1] Online scams have become common nowadays due to tricksters being able to lure innocent people with their traps that include enticements and other tricks. Now, yet another shocking online scam story has been revealed by authorities. A 41-year-old Bengaluru techie lost over Rs. 61.5 lakh to a fraudster on the Telegram app. The same has happened with Uday Ullas who got a part-time job offer on Telegram. However, Ullas had no idea that he was going to fall victim to this online scam as he trusted the fraudsters. Know more about the horrific Bengaluru incident here. Online scam in BengaluruAccording to a Deccan Herald report, Ullas, a Bengaluru techie is a frequent user of the social media app Telegram. Ullas follows the app for stock market news and one day he received a part-time jo...
Crackdown on loan apps: When Google Play slashed count from 4000 listings to just 200
Technology

Crackdown on loan apps: When Google Play slashed count from 4000 listings to just 200

[ad_1] In a recent interview, Saikat Mitra, Vice President and Head of Trust and Safety for Asia-Pacific at Google, shed light on the challenges faced in addressing the issue of fraudulent loan apps on the Google Play Store. Mitra explained that the delay in addressing these concerns stemmed from the fact that the apps, while not containing malware or harmful content, exhibited problematic business practices in the real world. When developers submit apps for listing on the Play Store, Google scrutinises them extensively, considering factors like code integrity and content safety.Mitra in an interview with Indianexpress.com emphasised that the company's commitment to investing significantly in ensuring app security against malware and data theft. Google's Collaboration With Regulatory Au...
Amazon, eBay, Facebook to Google, Tech giants on board to bust online scams: UK govt
Technology

Amazon, eBay, Facebook to Google, Tech giants on board to bust online scams: UK govt

[ad_1] Eleven global tech giants have pledged to do more to tackle the scourge of online scammers, the UK government said on Thursday, billing the promise as a world first. Amazon, eBay, Facebook, Google, Instagram, LinkedIn, Match Group, Microsoft, Snapchat, TikTok, and YouTube have signed up to the Online Fraud Charter, which ministers say will better protect users.The tech giants have promised to take tougher action within six months to block and remove scams, such as fake adverts and romance fraud, from their platforms. Actions include verifying new advertisers, better checks on online marketplaces, and giving users of dating sites the opportunity to prove their real identity. The voluntary charter, developed with the tech firms, will also seek to prevent ads for age-restricted prod...
Doctor loses Rs. 4.9 lakh in online scam while asking for refund from cab service
Technology

Doctor loses Rs. 4.9 lakh in online scam while asking for refund from cab service

[ad_1] In these, post-Covid days, we are heavily reliant on calling customer care services for every small query or problem. However, when looking for the customer care number, we often do a peremptory Google Search and dial the first number that appears on the list without giving it a second thought. It proved costly for a doctor who was caught up in an online cab refund scam. In a hurry, a Delhi doctor fell into a trap laid down by these criminals while trying to connect to the cab service customer care, which he found online. In the shocking event, the man, named Pradeep Chowdhury, lost over Rs. 4.9 lakh while asking for a refund due to the overcharging by the cab driver. Check out how the case took place.Delhi online scamAccording to a Times of India report, Doctor Pradeep Chowdhury...
DMK MP Dayanidhi Maran loses Rs. 99999 in shocking online banking scam!
Technology

DMK MP Dayanidhi Maran loses Rs. 99999 in shocking online banking scam!

[ad_1] In a shocking turn of events, the former Union minister for Communications and Information Technology and the sitting DMK MP Dayanidhi Maran said that cyber criminals stole Rs. 99999 from his personal savings account in Axis Bank through an online banking scam. Strangely, the scam “bypassed all normal safety protocols” as per Maran, as no OTP, a basic safety guard for online transactions via net banking, was generated by the bank. A complaint regarding this has been registered with the Cyber Crime Wing of the Greater Chennai City Police.The DMK MP took to X (formerly Twitter) to highlight the dangers of cyber criminals as well as to share his own story. He started with an ominous warning that “Our private data is not safe in Digital India”. We are now on WhatsApp. Click to join. ...
Man loses Rs. 18 lakh in online job scam: Stay safe with these 5 tips
Technology

Man loses Rs. 18 lakh in online job scam: Stay safe with these 5 tips

[ad_1] In recent times, there has been a significant increase in online scams in India. People are getting caught up in the tricks of fraudsters, losing their money to intricate and flawlessly executed online scams. Many fall for the promise of easy earnings by taking up part-time jobs or completing tasks online. Scammers often reach out through WhatsApp, offering a chance to make money from home.In the most recent case, a man from Mumbai became a victim of such a scam and lost around ₹18 lakh while trying to earn some extra cash online. The Story of the Mumbai ManAs reported by PTI, a 48-year-old man from Kharghar was lured by scammers who promised quick money. He was asked to complete certain tasks for this. Initially, he did receive some money from these tasks. However, he ended up ...
Fraudsters targeting work email accounts to steal money, Barracuda study reveals
Technology

Fraudsters targeting work email accounts to steal money, Barracuda study reveals

[ad_1] In a recent report, cybersecurity firm Barracuda has shed light on a concerning trend in which email fraudsters use multiple Bitcoin wallets to extort money from their victims. These scammers employ tactics that involve threatening to expose embarrassing or illicit material, targeting numerous work email accounts simultaneously, and demand moderate payments of around $1,000 USD in Bitcoin. By utilizing this approach, attackers can remain undetected and avoid raising alarm among potential victims, security teams, and payment systems.Insights from Columbia University ResearchBarracuda's findings are based on an analysis conducted by a team of researchers at Columbia University, who examined 300,000 emails flagged as blackmail scams over the course of 12 months. The primary objectiv...
Woman books doctor’s appointment, loses  ₹1.5 lakh in online scam; know 5 tips to stay safe
Technology

Woman books doctor’s appointment, loses ₹1.5 lakh in online scam; know 5 tips to stay safe

[ad_1] In today's digital age, online scams have become increasingly common, causing innocent individuals to fall victim to financial losses. A recent incident in Mumbai highlights the dangers of such scams, as a woman lost ₹1.5 lakh while attempting to book a doctor's appointment.According to the Times of India, the woman, who works at a private company in Bandra Kurla Complex (BKC), needed to make an appointment with a doctor at a hospital in Chembur. Trusting the information she found online, she dialed the listed number for the hospital, unaware that it was posted by a cyber fraudster with malicious intent. During her call to book the appointment, the woman was skillfully manipulated by the person on the other end, resulting in a significant loss of ₹1.5 lakh, leaving the woman sh...
Gurugram: Man scams jewellery store owner of  ₹2 lakh in online fraud
Technology

Gurugram: Man scams jewellery store owner of ₹2 lakh in online fraud

[ad_1] An unknown man was booked here for allegedly fleecing a showroom owner with a fake payment screenshot for the gold coins worth ₹2 lakh he "purchased" from his store, police said on Friday. The alleged fraud took place on May 11 at the complainant's JMD Regent Arcade Mall showroom on MG Road. According to Anuradha, a resident of Bhim Garh Kheri, a man came to her shop and bought a few gold coins and offered to make the payment online, and asked for the owner's bank details. "My husband Mukesh Kumar was in hospital then. I shared his bank account details, and the person sent me a screenshot on my WhatsApp saying the payment was successful," Anuradha said in her complaint, according to Police. She said, when she later checked the account, she found no such payment had been credit...