Results for: Cybercrime

A Pune woman fell victim to an online share trading fraud after being lured by an Instagram advertisement and the offer of a ‘trial seed fund’ of Rs 10,000. She ended up losing a staggering Rs 3 crore from her life savings. The fraudsters manipulated her into making 30 transactions to 12 fraudulent bank accounts totalling Rs 3.04 crore, before she realized that she was being cheated. The woman reported the incident to the Cyber crime police station of Pune city last week. The police have registered a First Information Report (FIR) and are investigating the case. Similar cases of online share trading fraud have been reported in Pune and Pimpri Chinchwad in recent months. Fraudsters are using a variety of baits, including trading tips, virtual lectures, mobile applications, and enticing promises of exorbitant returns. SEBI has issued an advisory cautioning against fraudsters posing as SEBI-registered entities and exploiting social media platforms to peddle fraudulent trading schemes.

A man in Hillsborough County, Florida, has been arrested for creating computer-generated pornographic images of multiple victims. Deputies were notified by three victims on March 13th that they had discovered nude images of themselves online. Investigations revealed that the suspect, Sammarth Gautam, had obtained the victims’ photos from their social media accounts and used software to remove their clothing from the images.

Two directors of a Delhi travel agency have been arrested for allegedly fraudulently obtaining a loan in a victim’s name using his debit card details. The scam came to light after the victim, Dr. Jazeel Muhammad, realized that a loan of Rs. 95,000 had been taken out on his account without his knowledge or consent.

Siddharth Singh, son of former mafia don-turned-politician Brijesh Singh, has been scammed of over Rs 11 lakh by a cybercriminal posing as a paint company director. The fraudster, identified as Amit Singley, lured Singh into depositing money for a dealership after responding to an online advertisement. The cyber crime police have registered an FIR under various IPC sections and are investigating the case.

Siddharth Singh, the son of notorious mafia don Brijesh Singh, has fallen prey to a cyber fraud, losing Rs 11 lakh to a swindler who promised him a dealership of a branded paint company.

Marco Gaudino, a Washington state resident, has pleaded guilty to conspiracy in a federal case involving alleged hacking of computer systems connected to Fox News and other outlets. Gaudino conspired with journalist Tim Burke, who is still facing charges in the case. As part of his plea deal, Gaudino has agreed to cooperate with the investigation into Burke and other individuals involved. The case against Burke, who is married to Tampa City Councilmember Lynn Hurtak, stems from an alleged complaint by Fox News after Burke obtained unaired footage containing controversial statements by Tucker Carlson and Kanye West.

A businessman from Anand Vihar in Sector 32, Harmeet Singh Malik, has been arrested in connection with a cybercrime where Rs 6.1 crore was siphoned off from a software development company’s account. The amount was transferred to 141 bank accounts and e-wallets using a VPN to evade IP detection. Five other accused have been arrested, and police are searching for two more.

Deepfake videos, which use artificial intelligence to create realistic fake videos, have become a growing problem. Recently, deepfake videos of Aamir Khan and Ranveer Singh went viral, raising concerns about the potential for such videos to be used for malicious purposes. Experts warn that deepfakes can be difficult to distinguish from real videos and can have a negative impact on the public image of celebrities and politicians. To address the issue, experts suggest implementing a P.O.V. method (pause, zero trust, verify) to help people identify fake videos.