A youth from Durgapur, Pranavananda Mondal, was arrested by the Maharashtra Police today. He is accused of defrauding people of Rs 16 crore by promising to erect wireless internet towers on their land in Nagpur.
Apart from Himachal Pradesh, the raids are being conducted across Delhi, Chandigarh and Punjab. In Himachal Pradesh, 19 locations in Shimla, Kangra, Una, Mandi, and Kullu were searched on Wednesday.
Nine accused, along with an equal number of female tele-callers associated with the racket, were arrested in a raid on the centre.
While investigations are ongoing against various chit-fund companies, including Saradha and Rose Valley, a chit-fund organisation has duped around 7,000 people.
The Indian Cyber Crime Coordination Centre (I4C), MHA, provided information about the misuse of eight SMS headers for sending fraudulent communications for committing cybercrime.
With cybercriminals on the prowl, the Criminal Investigation Department (CID) of the Odisha Police has issued an advisory to protect citizens from falling prey to online investment fraud cases.
BioCatch, fraud detection solutions provider, in its report said every device found to participate in mule activity in India logged into an average of 35 accounts each.
The postal department has suspended a postmaster of a sub-post office in Jamuria allegedly for financial fraud and has directed a departmental enquiry.
The postal department has suspended a postmaster of a sub-post office in Jamuria allegedly for financial fraud and has directed a departmental enquiry.
The 32-year-old, Surbhi Gupta, who goes by the aliases Payal and Sakshi, hails from Chandni Chowk in Delhi and holds an MBA from a London institution.
