frauds

Kerala woman loses Rs 12 lakh to custom fraud: Government shares biggest tip to spot such online custom frauds

Scammers keep finding new ways to trap people and steal money from their bank accounts. One of the most prevalent…

1 month ago

Online Payment Frauds Jump Over 400 Percent in India, RBI Data Shows

Digital payment frauds in India saw a more than fivefold jump to 14.57 billion rupees ($175 million) in the year…

2 months ago

RBI alarmed at lakhs of bank accounts being used for fraud: Report

The Reserve Bank of India (RBI) expressed its surprise at some banks having lakhs of accounts that are used for…

2 months ago

Cyber frauds: How are money mule scams impacting India’s financial inclusion efforts?

A 400% increase in payment frauds, cases where 125 young boys are collectively duped out of ₹1 crore, life savings…

3 months ago