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Bengaluru Engineer Loses Rs 11.8 Crore in Digital Arrest Scam

A Bengaluru software engineer was defrauded of Rs 11.8 crore over the span of just 18 days in a sophisticated "digital arrest" scam. The victim, a 39-year-old tech professional, filed a complaint with the North-East CEN police station on December 12 after realizing he had been tricked. The scam began when an individual posing as a Telecom Regulatory Authority of India (TRAI) officer contacted the victim, falsely claiming his Aadhaar-linked SIM card was involved in illegal acti

General

23 Dec 2024 07:20 AM 1.09k views

Bengaluru Engineer Loses Rs 11.8 Crore in Digital Arrest Scam

A Bengaluru software engineer was defrauded of Rs 11.8 crore over the span of just 18 days in a sophisticated "digital arrest" scam. The victim, a 39-year-old tech professional, filed a complaint with the North-East CEN police station on December 12 after realizing he had been tricked. The scam began when an individual posing as a Telecom Regulatory Authority of India (TRAI) officer contacted the victim, falsely claiming his Aadhaar-linked SIM card was involved in illegal acti

General

Man in Chhattisgarh Fraudulently Claims Benefits Using Sunny Leone's Name

A shocking case of fraud has come to light in Chhattisgarh's Bastar region, where a man, Virendra Joshi, allegedly opened a bank account in the name of actress Sunny Leone and has been receiving Rs 1,000 every month under the Mahtari Vandan Yojana, a government scheme aimed at providing financial assistance to married women. The fraud was discovered in Talur village, raising serious concerns about the verification process and the accountability of officials handling the scheme.

General

23 Dec 2024 05:56 AM 945 views

Man in Chhattisgarh Fraudulently Claims Benefits Using Sunny Leone's Name

A shocking case of fraud has come to light in Chhattisgarh's Bastar region, where a man, Virendra Joshi, allegedly opened a bank account in the name of actress Sunny Leone and has been receiving Rs 1,000 every month under the Mahtari Vandan Yojana, a government scheme aimed at providing financial assistance to married women. The fraud was discovered in Talur village, raising serious concerns about the verification process and the accountability of officials handling the scheme.

General

India's Foreign Exchange Reserves Rise to $658.1 Billion

India's foreign exchange reserves saw an increase to $658.1 billion for the week ending November 29, according to the Reserve Bank of India (RBI). This rise followed an eight-week decline, with a $1.5 billion increase from the previous week. In comparison, the reserves had dropped by $1.31 billion in the prior week, reaching $656.58 billion. Foreign investors have invested Rs 1.75 lakh crore into India's debt and equity markets in 2024. However, the month of November witness

Finance & Economics

06 Dec 2024 10:47 AM 1.05k views

India's Foreign Exchange Reserves Rise to $658.1 Billion

India's foreign exchange reserves saw an increase to $658.1 billion for the week ending November 29, according to the Reserve Bank of India (RBI). This rise followed an eight-week decline, with a $1.5 billion increase from the previous week. In comparison, the reserves had dropped by $1.31 billion in the prior week, reaching $656.58 billion. Foreign investors have invested Rs 1.75 lakh crore into India's debt and equity markets in 2024. However, the month of November witness

Finance & Economics

Indian Rupee Opens Flat at 84.24 Amid Continued Dollar Demand

The Indian rupee opened flat at 84.24 against the US dollar on Thursday, following a slight dip of 11 paise to close at 84.45 on Wednesday. On Tuesday, it had closed at 84.34. The minor decline reflects the ongoing volatility in the foreign exchange market. The rupee had also opened weaker by 5 paise at 84.39 on Wednesday morning. Analysts predict that the rupee's range for the day will likely stay between 84.30 and 84.50. Anil Kumar Bhansali, head of treasury and executive dire

Business

28 Nov 2024 00:52 AM 999 views

Indian Rupee Opens Flat at 84.24 Amid Continued Dollar Demand

The Indian rupee opened flat at 84.24 against the US dollar on Thursday, following a slight dip of 11 paise to close at 84.45 on Wednesday. On Tuesday, it had closed at 84.34. The minor decline reflects the ongoing volatility in the foreign exchange market. The rupee had also opened weaker by 5 paise at 84.39 on Wednesday morning. Analysts predict that the rupee's range for the day will likely stay between 84.30 and 84.50. Anil Kumar Bhansali, head of treasury and executive dire

Business

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

The Indian rupee opened at 84.39 against the US dollar on Wednesday, weakening by 5 paise from its previous close of 84.34. This follows a series of declines, with the rupee slipping by six paise on Tuesday. While the rupee had shown a slight recovery on Monday, gaining 17 paise, the currency continues to face downward pressure due to persistent demand for the US dollar and global uncertainties. Analysts had predicted a weaker outlook for the rupee, especially after a brief period o

Business

27 Nov 2024 00:58 AM 1.28k views

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

The Indian rupee opened at 84.39 against the US dollar on Wednesday, weakening by 5 paise from its previous close of 84.34. This follows a series of declines, with the rupee slipping by six paise on Tuesday. While the rupee had shown a slight recovery on Monday, gaining 17 paise, the currency continues to face downward pressure due to persistent demand for the US dollar and global uncertainties. Analysts had predicted a weaker outlook for the rupee, especially after a brief period o

Business

Chinese National Arrested in Delhi for ₹100 Crore Cyber Fraud

In a significant breakthrough in a ₹100 crore cyber fraud case, Delhi police have arrested a Chinese national, Fang Chenjin, who was allegedly involved in orchestrating fraudulent online stock trading scams. The fraud was carried out through WhatsApp groups, where the accused lured victims into fake stock market training sessions and convinced them to invest large sums of money, only for the funds to be diverted to multiple bank accounts under his control. The case came to light a

General

19 Nov 2024 04:55 AM 1.37k views

Chinese National Arrested in Delhi for ₹100 Crore Cyber Fraud

In a significant breakthrough in a ₹100 crore cyber fraud case, Delhi police have arrested a Chinese national, Fang Chenjin, who was allegedly involved in orchestrating fraudulent online stock trading scams. The fraud was carried out through WhatsApp groups, where the accused lured victims into fake stock market training sessions and convinced them to invest large sums of money, only for the funds to be diverted to multiple bank accounts under his control. The case came to light a

General

Reliance Power Barred from SECI Tenders for Three Years Over Fake Bank Guarantees

Solar Energy Corporation of India Ltd. (SECI) has debarred Reliance Power Ltd. and its subsidiary Reliance NU BESS Ltd. (formerly Maharashtra Energy Generation Ltd.) from bidding in any future SECI tenders for the next three years. This decision comes after SECI discovered that the company had submitted fake bank guarantees during the bidding process for a 1 gigawatt solar power and 2 gigawatt battery energy storage system project. The Incident: Fake Bank Guarantees in SECI Tender

Business

07 Nov 2024 04:38 AM 1.26k views

Reliance Power Barred from SECI Tenders for Three Years Over Fake Bank Guarantees

Solar Energy Corporation of India Ltd. (SECI) has debarred Reliance Power Ltd. and its subsidiary Reliance NU BESS Ltd. (formerly Maharashtra Energy Generation Ltd.) from bidding in any future SECI tenders for the next three years. This decision comes after SECI discovered that the company had submitted fake bank guarantees during the bidding process for a 1 gigawatt solar power and 2 gigawatt battery energy storage system project. The Incident: Fake Bank Guarantees in SECI Tender

Business

YCP's Social Media Gaffe: Pinnelli Ramakrishna Reddy's Release from Jail Sparks Controversy

The recent release of Pinnelli Ramakrishna Reddy from Nellore Central jail has stirred controversy, primarily due to a social media blunder by the YCP. Pinnelli, who lost his Macherla seat this election, was previously jailed for destroying EVMs and assaulting TDP agents. Following the release, YCP's Twitter handle posted a video with the caption: “Former MLA Pinnelli Ramakrishna Reddy has came out of detention in illegal cases.” This caption, which described Pinnell

Political News

24 Aug 2024 04:09 AM 1.34k views

YCP's Social Media Gaffe: Pinnelli Ramakrishna Reddy's Release from Jail Sparks Controversy

The recent release of Pinnelli Ramakrishna Reddy from Nellore Central jail has stirred controversy, primarily due to a social media blunder by the YCP. Pinnelli, who lost his Macherla seat this election, was previously jailed for destroying EVMs and assaulting TDP agents. Following the release, YCP's Twitter handle posted a video with the caption: “Former MLA Pinnelli Ramakrishna Reddy has came out of detention in illegal cases.” This caption, which described Pinnell

Political News

Jogi Ramesh Faces Legal Heat: Summoned for Attack on Naidu House Amid ACB Investigation

Former YCP minister Jogi Ramesh has encountered significant legal troubles following a police summons related to an attack on Chief Minister N. Chandrababu Naidu’s residence. This development comes as Jogi Ramesh faces questions about his involvement in the attack, including who accompanied him and the identities of those who orchestrated it. The police are keen to establish the extent of Ramesh’s involvement and his role in the attack. In addition to the police summons,

Political News

14 Aug 2024 05:07 AM 1.28k views

Jogi Ramesh Faces Legal Heat: Summoned for Attack on Naidu House Amid ACB Investigation

Former YCP minister Jogi Ramesh has encountered significant legal troubles following a police summons related to an attack on Chief Minister N. Chandrababu Naidu’s residence. This development comes as Jogi Ramesh faces questions about his involvement in the attack, including who accompanied him and the identities of those who orchestrated it. The police are keen to establish the extent of Ramesh’s involvement and his role in the attack. In addition to the police summons,

Political News

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Over 1,000 Indians Deported from US Since January, Confirms Indian Government

Aishwarya Rai Moves Delhi High Court Against Misuse Of Images And Personality Rights

When generosity misses the real need: lessons in empathy and awareness

Ohio to lose over an hour of daylight during August as nights grow longer

DC Medicaid cuts to affect 25,000 residents as new Healthy DC Plan begins in 2026

Cyclone Chido Hits Mozambique, Kills 34 and Causes Severe Damage

Walgreens to Pay $350M in DOJ Settlement Over Illegal Opioid Prescriptions

Turmeric: The Golden Spice for Health

PM Modi to Attend G20 Summit in South Africa and ASEAN Summit in Malaysia in 2025

Nvidia Becomes World's Most Valuable Company, Beats Microsoft

#forex-trading-fraud

Bengaluru Engineer Loses Rs 11.8 Crore in Digital Arrest Scam

Bengaluru Engineer Loses Rs 11.8 Crore in Digital Arrest Scam

Man in Chhattisgarh Fraudulently Claims Benefits Using Sunny Leone's Name

Man in Chhattisgarh Fraudulently Claims Benefits Using Sunny Leone's Name

India's Foreign Exchange Reserves Rise to $658.1 Billion

India's Foreign Exchange Reserves Rise to $658.1 Billion

Indian Rupee Opens Flat at 84.24 Amid Continued Dollar Demand

Indian Rupee Opens Flat at 84.24 Amid Continued Dollar Demand

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

Chinese National Arrested in Delhi for ₹100 Crore Cyber Fraud

Chinese National Arrested in Delhi for ₹100 Crore Cyber Fraud

Reliance Power Barred from SECI Tenders for Three Years Over Fake Bank Guarantees

Reliance Power Barred from SECI Tenders for Three Years Over Fake Bank Guarantees

YCP's Social Media Gaffe: Pinnelli Ramakrishna Reddy's Release from Jail Sparks Controversy

YCP's Social Media Gaffe: Pinnelli Ramakrishna Reddy's Release from Jail Sparks Controversy

Jogi Ramesh Faces Legal Heat: Summoned for Attack on Naidu House Amid ACB Investigation

Jogi Ramesh Faces Legal Heat: Summoned for Attack on Naidu House Amid ACB Investigation

Over 1,000 Indians Deported from US Since January, Confirms Indian Government

Aishwarya Rai Moves Delhi High Court Against Misuse Of Images And Personality Rights

When generosity misses the real need: lessons in empathy and awareness

Ohio to lose over an hour of daylight during August as nights grow longer

DC Medicaid cuts to affect 25,000 residents as new Healthy DC Plan begins in 2026

Cyclone Chido Hits Mozambique, Kills 34 and Causes Severe Damage

Walgreens to Pay $350M in DOJ Settlement Over Illegal Opioid Prescriptions

Turmeric: The Golden Spice for Health

PM Modi to Attend G20 Summit in South Africa and ASEAN Summit in Malaysia in 2025

Nvidia Becomes World's Most Valuable Company, Beats Microsoft

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