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AHMEDABAD: Cyberfraudsters put a 67-year-old retired man under “digital arrest” for six days by posing as officials of the Telecom Regulatory Authority of India (TRAI), Maharashtra cybercrime branch and even senior police officers, before cheating him of Rs 35.25 lakh.The complaint was filed with the cyberpolice of the Gandhinagar range on Wednesday by a resident…
MUMBAI: The Maharashtra Nodal Cyber Police on Wednesday filed a 2,500-page chargesheet in a Rs 58-crore ‘digital arrest’ con naming 32 arrested persons and 41 wanted accused, who not only impersonated Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) officers, but also created a multi-layered web of mule bank accounts to move money across…
HYDERABAD: After noticing TOI articles on digital arrest cases in Hyderabad, an 81-year-old retired businessman reported being scammed of over Rs 7 crore using the same modus operandi. Posing as Mumbai Police officers, the cyber fraudsters threatened to arrest him in a bogus drug-trafficking and fake passports case and extorted the money.According to a complaint…
The number of ATMs in the country declined as people shifted digital payments. The e-payments network reduced customers’ need for cash withdrawals, even as bank branches continued to expand, a Reserve Bank of India (RBI) report said.Private banks led the contraction, cutting their ATM network to 77,117 from 79,884, while public sector banks reduced their…
Digital frauds of worth over Rs 50 crore came to light earlier this month after Delhi Police busted an international cyber scams and extortion syndicate, following a series of coordinated raids across several states. The operation led to the arrest of 10 accused, including the alleged mastermind behind the wide-ranging racket.The crackdown was carried out…
Investors, led largely by younger buyers, purchased an estimated 12 tonnes of digital gold during January–November this year, according to data compiled by the World Gold Council (WGC) even as demand slowed after a recent regulatory caution from Sebi.The estimate is based on data from the National Payments Corporation of India (NPCI) on UPI transactions…
MUMBAI: In a digital arrest case where an 85-year-old retired teacher was duped of Rs 9 crore, the south region cyber crime police nabbed a 27-year-old director of a company in whose account a portion of the victim’s money was transferred within a day of the complaint being registered. The same account was linked to…
India’s telecom sector ended 2025 on a strong footing, with the department of telecommunications (DoT) recording major gains in digital connectivity, infrastructure expansion and technology self-reliance, according to a year-end review released by the ministry of communications.A key development during the year was the launch of the National Broadband Mission (NBM) 2.0 in January. The…
I visualize a hyperrealistic, wide-angle landscape of a bustling global retail ecosystem, showcasing advanced technology and interconnectedness. Ranchi: City-based cyber activist and expert Vineet Kumar earned a global feat by being among the speakers during the 66th plenary meet of the World Summit Information Society (WSIS+20), at UN Headquarters in New York on Thursday.Vineet, founder…
The government on Wednesday said it has simplified and streamlined the visa process for Indian companies seeking to bring in foreign professionals, including engineers and technical experts, whose services are required for production-related activities such as machine installation, quality checks, training and plant design.The move is expected to benefit domestic firms that import machinery from…
