1. Sakinaka Man Arrested for Rs 5 Crore Cyber Fraud Linked to Stock Investments
Mumbai Cyber Police arrested one for involvement in a Rs 5.39 crore stock investment scam through Golden Bridge Investment Group. Linked to 51 fraud cases, his account moved illicit funds across scam layers. A retired businessman was duped after being lured via a fake businesswoman on WhatsApp.
2. Seven-Member Gang Busted in Rs 2.11 Crore Cyber Fraud Case
CID Crime's Cyber Cell arrested seven people in Banas kantha for a Rs 2.11 crore gaming scam across 21 states. The gang lured victims via Instagram ads for cheap BGMI UC coins, then defrauded them through QR payments. Police seized phones, cheque books, and are coordinating nationwide to trace more culprits.
3. FBI report: Texas ranks second in internet crime complaints and financial losses
The FBI's 2024 Internet Crime Report shows losses exceeding $16 billion, a 33% rise from 2023. Texas ranked second in complaints and reported $1.35 billion in losses. Seniors faced major financial hits, with investment fraud topping crimes by losses. The FBI urges victims to report incidents via IC3.
4. MTN cyberattack exposes customer data in latest security breach
MTN Group reported a cybersecurity breach exposing some customer data but confirmed its core networks, billing systems, and financial platforms remain secure. Authorities have been notified, and impacted customers are being informed. MTN urged users to strengthen online security and remain cautious of suspicious messages as investigations continue.
5. Cyber Police Nab Trio, Including BTech Student, in Rs 15 Lakh Trading Scam
West Region Cyber Police arrested three men, including BTech student, for defrauding a businessman of Rs 15 lakh in a stock trading scam. The accused opened 25 bank accounts using others' documents, lured victims through fake trading apps, and collected funds under the guise of online investments.
