Fraud

The UP Anti-Terror Squad has for the first time nabbed two Chinese nationals after the Interpol issued a red corner notice against them. Identified as Xu Xunfu and Li Teng Li, the accused bought SIM cards against fake documents and used them for making transactions of around Rs 5 crore. Moreover, visas of the duo-arrested had expired in July and September 2020 respectively. However, motive of the money laundering is yet to be ascertained.

The Reserve Bank of India has issued a notice cautioning its customers against a new fraud calls from banks' toll-free numbers. The RBI stated that fraudsters use phone numbers similar to banks to dupe the customers. Besides, they would register these mobile numbers in banks' name on caller identification apps like TrueCaller. The Apex Bank has urged the consumers to reconfirm before sharing any confidential details of the bank account.

Gionee has been found guilty for embedding malware in more than 21.75 million handsets to gain profit through unprompted ads and other methods. Reportedly, Gionee-backed Shenzhen Zhipu Technology Co Ltd had used "Dark Horse Platform" for embedding a Trojan Horse in Gionee's handsets between December 2018 and October 2019. As per the reports from GizChina, the approach allowed the business to bag Rs 31.46 crore. Four people have been jailed in… read-more

The CBI will now probe into the Centre’s pre-Matric scholarship scam spread across many states. "The scope of the scam" in the scheme, which has an annual budget of Rs 1400 crore, has compelled the Minority Ministry to handover the case to CBI. Allegedly the nexus of middlemen, bank employees and school… read-more

The Mumbai Police informed that one of the accused in the Television Rating Point (TRP) manipulation scam had received over Rs 1 crore in the last one year. Reportedly, the accused, Bomapallirao Mistry, received the amount from four to five individuals. The police told he used to pay households to watch three television channels without having any income source. Meanwhile, Mistry's bank locker and account having about Rs 29 lakh were also… read-more