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2 mins read

Gen AI to unlock a "mammoth incremental opportunity" for Indian IT services: Report

The generative AI provides more opportunity to the Indian IT sector contrary to the believe of bein…

ANI   


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2 mins read

Thane police bust international racket of SIM cards use for cyber fraud; 3 held

The police suspect that around 3,000 SIM cards have been put to use in a similar manner, he said…

PTI   


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3 mins read

FIU imposes over Rs 1.66 crore fine on Axis Bank for failing to detect fraud NSG account

The Financial Intelligence Unit has slapped a fine of more than Rs 1.66 crore on Axis Bank for "fai…

PTI   


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2 mins read

Moneyview and Truecaller join forces to fight against online frauds, enhance communication efficiency

Moneyview, a leading financial services company has announced a strategic partnership with Truecall…

ANI   


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4 mins read

RBI announces digital payments intelligence platform to check online frauds

In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …

ANI   


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2 mins read

Woman loses ₹54 lakh in work-from-home scam! Here's what it is and how to protect yourself

Job hunting is something that most of us do online, be it on social media or various online job por…

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2 mins read

Boeing agreed to plead guilty to a fraud-conspiracy charge over the 737 Max saga, but it isn't out of the woods just yet

By pleading guilty to a felony charge of conspiracy to defraud the US, Boeing could jeopardize its …

Pete Syme   


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1 min read

Former CEO of buzzy tech startup hit with prison time for fraud

Prosecutors said the sentence of ex-Headspin CEO Manish Lachwani is a warning to other "fake it til…

Grace Eliza Goodwin   


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1 min read

FTX plans to give customers their money back with one painful caveat

FTX bankruptcy lawyers said it would have between $14.5 and $16.3 billion to distribute — mos…

Geoff Weiss   


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2 mins read

Trump defends 'respected' company behind his $175M civil fraud bond

A new defense filing raises questions about Trump's all-cash collateral.

Laura Italiano   


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3 mins read

Uniform KYC on the horizon! Here’s how the proposed process can ease the burden on customers and institutions

In a recent meeting led by Finance Minister Nirmala Sitharaman, a proposal was submitted for unifor…

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2 mins read

Corp affairs ministry probing Chinese cos linked to loan apps; investigations at advanced stages

The corporate affairs ministry is probing various Chinese companies, especially those with links to…

PTI   


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2 mins read

Indian-American jeweller Monishkumar Shah indicted in multi-million dollar international trade fraud

A jeweller, based out of both Mumbai and New Jersey, has been indicted for illegally evading custo…

PTI   


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3 mins read

95% Indian companies experiencing new types of fraud after Covid

The disruptions caused by the Covid-19 pandemic have led to 95% of Indian companies being affected …

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3 mins read

Sam Bankman-Fried apologized for wrecking the lives of FTX customers while still trying to shift the blame for their losses

At his sentencing hearing Thursday, Sam Bankman-Fried expressed the most remorse for his former FTX…

Natalie Musumeci,Katie Balevic,Jacob Shamsian   


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4 mins read

Instacart, DoorDash, and other delivery service customers say their accounts were deactivated because of innocent mistakes

Gig worker-powered delivery services like Instacart and DoorDash deactivate customers' accounts. Ge…

Alex Bitter   


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1 min read

RBI issues guidelines to trace customers with inoperative accounts, unclaimed deposits

The central bank called for steps to trace the customers of inoperative accounts or unclaimed depos…

ANI   


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7 mins read

13 of the biggest bombshells from Sam Bankman-Fried's FTX fraud trial

Here are the biggest bombshells from Sam Bankman-Fried's fraud trial over his collapsed cryptocurre…

Katie Balevic,Jacob Shamsian   


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2 mins read

Walmart, Amazon, and others lost millions of dollars to an organized online refund fraud scheme

Feds say a criminal group recruited legitimate customers to initiate fraudulent returns for e-comme…

Dominick Reuter   


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4 mins read

Judge thrashes Sam Bankman-Fried for claiming FTX customers didn't lose any money before handing down 25-year sentence

SBF's legal team claimed FTX customers suffered "zero" losses when the crypto exchange collapsed. T…

Jacob Shamsian