Defrauding Customers
- All
- News
-
Cyber Scamsters Pose As Custom Officials, Dupe Doctor Of Rs 26.52 Lakh In Navi Mumbai
A medical doctor from Navi Mumbai has been defrauded of Rs 26.52 lakh by a cyber gang that threatened to implicate him in a fictitious crime involving money laundering and terrorism, police said on Wednesday.
-
My Big Coin Founder Gets 8-Year Jail Term for Crypto Fraud, Ordered to Pay $7.7 Million
Randall Crater, founder of a now-defunct cryptocurrency business, was sentenced to more than eight years in prison for defrauding investors and customers out of millions of dollars by falsely marketing My Big Coin, a virtual currency. Crater, who was sentenced to 100 months in total and ordered to forfeit nearly $7.7 million (roughly Rs. 63 crore),...
-
Insurers Keep Away From FTX-Linked Crypto Firms As Contagion Risk Rises
US prosecutors say former FTX Chief Executive Officer Sam Bankman-Fried engaged in a scheme to defraud FTX's customers by misappropriating their deposits to pay for expenses and debts.
-
FTX's Sam Bankman-Fried Charged by US SEC For Defrauding Investors Out of Billions of Dollars
Sam Bankman-Fried was charged with defrauding customers out of billions of dollars, by the US Securities and Exchange Commission on Tuesday. SEC Chair Gary Gensler said the agency has alleged that Bankman-Fried built a "house of cards on a foundation of deception" and told investors that FTX was one of the safest buildings in crypto.
-
Case Against 2 Indian Conmen As CBI Starts Probe Into Amazon Cheating Case
The CBI has started an investigation into the alleged defrauding of Amazon customers in the US by two Indian scam artists by planting 'child sexual abuse material' on the computer of unsuspecting customers.
-
Crypto Lender Celsius Network Sued by Former Investment Manager Alleging Fraud
Crypto lender Celsius Network was served with lawsuit by a former investment manager, Jason Stone, accusing the firm of using customer deposits to rig the price of its own crypto token. Celsius allegedly ran a Ponzi scheme to defraud the plaintiff KeyFi into providing services worth millions of dollars and refusing to pay for them.
-
Apple Wins Class Action Suit Against Meltdown, Spectre Cybersecurity Flaws
Apple won a class action suit against its claims when a US judge the lawsuit that accused the company of defrauding customers by selling iPhones and iPads whose processors proved vulnerable to two cybersecurity flaws. The lawsuit was filed after Apple and Google revealed the Meltdown and Spectre flaws in 2018.
-
Fake Personal Care Brand Executives Dupe Over 400 In Gurgaon, Case Filed
A case has been registered against unknown people for allegedly impersonating executives of a personal care brand and defrauding its 471 customers by promising them cashbacks and free products on online purchases, police said on Friday.
-
Ex-Bank of India Manager Arrested For Defrauding Customers: Delhi Police
A 62-year-old former senior manager of a public sector bank and his associate were arrested for allegedly misappropriating funds of two customers through fraudulent transactions, Delhi Police said on Wednesday.
-
Paytm Claims Telecom Firms Not Preventing Phishing; High Court Seeks Reply From Telecom Regulator
The Delhi High Court today sought response of the Centre and telecom regulator TRAI on online payment platform Paytm's plea alleging that telecom operators are not blocking those who are defrauding its customers by "phishing" activities over various mobile networks.
-
Paytm Moves Delhi High Court, Claims Telcos Not Preventing Phishing Activity
One97 Communications Ltd, which runs the online payment platform Paytm, has moved the Delhi High Court alleging that telecom service providers are not blocking fraudsters who are defrauding its customers by "phishing" activities over the various mobile networks.
-
Body Broker Who Sold Diseased Remains Is Convicted Of Fraud
A Detroit businessman who sold and leased donated body parts for two decades was convicted Monday of defrauding medical customers by selling them diseased human remains.
-
Bank Teller Stole $185,000 From Homeless Customer Who Brought In A Garbage Bag Of Cash
A 29-year-old bank teller stole more than $185,000 from a homeless customer who tried to deposit a garbage bag full of cash at a Wells Fargo branch in Georgetown, according to court filings and attorneys in the case.
-
6 Cooperative Bank Employees Booked For Rs 7 Crore Fraud In Thane
Seven persons, six of them employees of a co-operative bank in Thane, have been booked for allegedly defrauding customers and the bank to the tune of around Rs 7 crore, police said today.
-
20,000 Defrauded As UK's Tesco Bank Hit By Hack Attack
Britain's Tesco Bank temporarily froze all online transactions on Monday after around 20,000 customers had money stolen from their accounts in a hack attack.
-
Cyber Scamsters Pose As Custom Officials, Dupe Doctor Of Rs 26.52 Lakh In Navi Mumbai
A medical doctor from Navi Mumbai has been defrauded of Rs 26.52 lakh by a cyber gang that threatened to implicate him in a fictitious crime involving money laundering and terrorism, police said on Wednesday.
-
My Big Coin Founder Gets 8-Year Jail Term for Crypto Fraud, Ordered to Pay $7.7 Million
Randall Crater, founder of a now-defunct cryptocurrency business, was sentenced to more than eight years in prison for defrauding investors and customers out of millions of dollars by falsely marketing My Big Coin, a virtual currency. Crater, who was sentenced to 100 months in total and ordered to forfeit nearly $7.7 million (roughly Rs. 63 crore),...
-
Insurers Keep Away From FTX-Linked Crypto Firms As Contagion Risk Rises
US prosecutors say former FTX Chief Executive Officer Sam Bankman-Fried engaged in a scheme to defraud FTX's customers by misappropriating their deposits to pay for expenses and debts.
-
FTX's Sam Bankman-Fried Charged by US SEC For Defrauding Investors Out of Billions of Dollars
Sam Bankman-Fried was charged with defrauding customers out of billions of dollars, by the US Securities and Exchange Commission on Tuesday. SEC Chair Gary Gensler said the agency has alleged that Bankman-Fried built a "house of cards on a foundation of deception" and told investors that FTX was one of the safest buildings in crypto.
-
Case Against 2 Indian Conmen As CBI Starts Probe Into Amazon Cheating Case
The CBI has started an investigation into the alleged defrauding of Amazon customers in the US by two Indian scam artists by planting 'child sexual abuse material' on the computer of unsuspecting customers.
-
Crypto Lender Celsius Network Sued by Former Investment Manager Alleging Fraud
Crypto lender Celsius Network was served with lawsuit by a former investment manager, Jason Stone, accusing the firm of using customer deposits to rig the price of its own crypto token. Celsius allegedly ran a Ponzi scheme to defraud the plaintiff KeyFi into providing services worth millions of dollars and refusing to pay for them.
-
Apple Wins Class Action Suit Against Meltdown, Spectre Cybersecurity Flaws
Apple won a class action suit against its claims when a US judge the lawsuit that accused the company of defrauding customers by selling iPhones and iPads whose processors proved vulnerable to two cybersecurity flaws. The lawsuit was filed after Apple and Google revealed the Meltdown and Spectre flaws in 2018.
-
Fake Personal Care Brand Executives Dupe Over 400 In Gurgaon, Case Filed
A case has been registered against unknown people for allegedly impersonating executives of a personal care brand and defrauding its 471 customers by promising them cashbacks and free products on online purchases, police said on Friday.
-
Ex-Bank of India Manager Arrested For Defrauding Customers: Delhi Police
A 62-year-old former senior manager of a public sector bank and his associate were arrested for allegedly misappropriating funds of two customers through fraudulent transactions, Delhi Police said on Wednesday.
-
Paytm Claims Telecom Firms Not Preventing Phishing; High Court Seeks Reply From Telecom Regulator
The Delhi High Court today sought response of the Centre and telecom regulator TRAI on online payment platform Paytm's plea alleging that telecom operators are not blocking those who are defrauding its customers by "phishing" activities over various mobile networks.
-
Paytm Moves Delhi High Court, Claims Telcos Not Preventing Phishing Activity
One97 Communications Ltd, which runs the online payment platform Paytm, has moved the Delhi High Court alleging that telecom service providers are not blocking fraudsters who are defrauding its customers by "phishing" activities over the various mobile networks.
-
Body Broker Who Sold Diseased Remains Is Convicted Of Fraud
A Detroit businessman who sold and leased donated body parts for two decades was convicted Monday of defrauding medical customers by selling them diseased human remains.
-
Bank Teller Stole $185,000 From Homeless Customer Who Brought In A Garbage Bag Of Cash
A 29-year-old bank teller stole more than $185,000 from a homeless customer who tried to deposit a garbage bag full of cash at a Wells Fargo branch in Georgetown, according to court filings and attorneys in the case.
-
6 Cooperative Bank Employees Booked For Rs 7 Crore Fraud In Thane
Seven persons, six of them employees of a co-operative bank in Thane, have been booked for allegedly defrauding customers and the bank to the tune of around Rs 7 crore, police said today.
-
20,000 Defrauded As UK's Tesco Bank Hit By Hack Attack
Britain's Tesco Bank temporarily froze all online transactions on Monday after around 20,000 customers had money stolen from their accounts in a hack attack.
