Bank Fraud

While risking data of 18 bank customers, an upgraded version of Drinik malware has been discovered. Upgraded Drinik Malware It appears that this malware has evolved into an Android trojan that can steal important personal…

Bank Customer Was Searching Customer Care Number; Robbed Of Rs 2.77 Lakh In A Daring Online Fraud Cyber fraud has made a victim of a 61 year old steel businessman, who lost a shocking Rs 2.77 lakh. This happened in Malad (west), as…

Last month, a woman lost a total of Rs 1.8 lakh from her SBI savings bank account Incidents of reported bank frauds and online scams are increasing with every passing day, their techniques getting more sophisticated, leaving the common…

Rs 6833 Crore Fraud Hits This Bank; CBI Registers Case To Investigate Fraud The Kanpur-based textile business company Shri Lakshmi Cotsyn Limited has been charged with duping a consortium of 23 banks of an amount worth Rs 6,833.82…

Indian Banks Lost Rs 5 Lakh Crore In Frauds; SBI #1 In Frauds, PNB At #2 (Full List) As of March 31, 2021, the banks operating in India reported fraud of Rs 4.92 trillion. This nearly represents 4.5 percent of the total bank credit,…

Victim Of Bank Fraud & Lost Your Money? Banks Will Not Compensate As Per Gujarat Consumer Court According to a consumer court in Gujarat, whether you have been a victim of bank fraud or someone has scammed money out of your bank…

Nationwide bank strike for two days, March 15 and 16. In response to the Finance Minister’s Union Budget (2021) announcement of privatisation of two more public sector banks, the bank union body United Forum of Bank Unions (UFBU) has…

RBI issues a cautionary notice, informing banks and their customers about a new kind of social engineering fraud involving phone numbers. With workspaces shifting to online platforms and work from home becoming the highlight of the…

Netflix Succumbs To Judicial Pressure; Releases 'Bad Boy Billionaires' Without Satyam Story After a month-long legal hassle, Netflix has released its controversial documentary series, ‘Bad boy Billionaires’ which shows businessmen…

Banks Lost Rs 68,000 Crore As Bad Loans By 50 Defaulters; Mehul Choksi Tops The List India has witnessed many an arching cuts on the economy, when business men like Mehul Choksi and Jatin Mehta fled away with unfathomable sums of money,…