Page 3 - Scam

Pump & dump stock 'scam': Sebi seizes 'incrimating evidence' in search ops

Markets watchdog Sebi on Friday said it has seized "incriminating evidence" in the pump and dump scam involving shares of various companies during search operations conducted this month. Without disclosing specific details, the Securities and Exchange Board of India (Sebi) said as part of probing the scam, search and seizure operations were carried out at multiple locations. In a pump and dump scheme, fraudsters typically spread false or misleading information to create a buying frenzy that will "pump" up the price of a stock and then "dump" shares of the stock by selling their own shares at the inflated price. Once the fraudsters dump their shares and stop hyping the stock, the stock price typically falls and investors lose money. In a statement, Sebi said it has conducted search and seizure operations at multiple locations in the month of June 2025 in connection with pump and dump in certain scrips and has seized incriminating evidences. "Investigation in the matter is under ...

Watch: Pak national held in UP for staying illegally with fake Indian IDs

A Pakistani national was arrested on Wednesday from a village here for allegedly staying in India illegally with forged Indian identity documents, police said.

Asaduddin Owaisi files police complaint over deepfake video promoting scam

AIMIM chief files a police complaint after a deepfake video falsely promoting a scam using his identity goes viral online. Police register case; probe underway to trace origin

Ram temple prasad scam: ₹3.85 crore cyber fraud busted, mastermind held

Ayodhya Police crack ₹3.85 crore scam over fake Ram Lalla prasad bookings, refund ₹2.15 crore to devotees, arrest mastermind on return from US

Rs 1 crore cigarette: How a fake Uber ride in London cost a US man everything | Scam

A cigarette, a fake Uber, and a crypto wipeout — Jacob Irwin-Cline’s London layover turned into a digital nightmare. Drugged and robbed, he lost over ₹1 crore in minutes. Here's how it happened.

Beware before you tap: WhatsApp image scam could drain your wallet

Scammers are using WhatsApp images to silently hack phones and access banking info. Learn how this hidden threat works and simple steps to protect your money and data

Over 200 victims lose ₹2 crore in Karnataka's AI Trump video scam

Haveri SP Anshu Kumar said a case has been registered at Haveri police station after a victim lost around ₹6 lakh in the same fraudulent app

Mumbai Police questions Dino Morea in Rs 65-cr Mithi river cleaning scam

Actor Dino Morea was summoned by Mumbai Police's Economic Offences Wing on Monday for questioning regarding his alleged links with two middlemen in the Rs 65-crore Mithi river cleaning scam

IndusInd Bank’s insider trading scandal | Explained | IndusInd bank share | SEBI | Scam | Bank fraud

Market regulator SEBI is investigating top officials at IndusInd Bank over possible insider trading. Watch the video to know what's happening.

Rs 550 cr medical purchase scam: Chargesheet against six in Chhattisgarh

The Chhattisgarh Anti-Corruption Bureau/Economic Offences Wing (ACB/EOW) on Saturday filed a chargesheet against six persons for alleged irregularities in purchase of medical equipment and reagent chemicals in 2023 that caused a loss of Rs 550 crore to the state exchequer, an official said. The 18000-page chargesheet names Shashank Chopda, director of Mokshit Corporation, and Basant Kumar Kaushik, Chhirod Rautia, Kamalkant Patanwar, Dr Anil Parsai and Deepak Kumar Bandhe, who were posted with the state-run Chhattisgarh Medical Services Corporation Ltd (CGMSCL) at the time, he added. "Kaushik was in charge general manager (equipment) and deputy manager (purchase and operations) of CGMSCL. Rautia and Bandhe were biomedical engineers. Patanwar was then deputy manager (equipment) and Parsai was then deputy director (stores). Chopda was nabbed on January 29, while the five were held in March," he said. On January 22 this year the ACB/EOW lodged a case against officials of the CGMSCL ...

Monk loses Rs 2.5 cr in 'digital arrest': How to be safe against scam

Do not accept video calls from unknown or suspicious sources, especially if pressured to continue conversation

High returns? High risk! SBI warns of fake AI investment videos

State-owned lender say it doesn't 'endorse any such schemes that promise unrealistic or unusually high returns'

Mehul Choksi held in Belgium: Timeline of events leading to his arrest

Fugitive diamantaire Mehul Choksi has been arrested in Belgium for his alleged involvement in the ₹13,850 crore PNB bank loan fraud case

What global finance must do to fight digital fraud across sectors

Fraud methods have become sophisticated, challenging traditional detection systems

Delhi woman loses ₹47 lakh in KYC Scam via WhatsApp call: How to stay safe?

If you ever suspect fraud, report it immediately to your bank, the Cyber Crime Helpline, or through the National Cyber Crime Reporting Portal (www.cybercrime.gov.in)

Karnataka elderly couple loses ₹50 lakh to cyber scam, dies by suicide

Duped of ₹50 lakh in a cyber scam, an elderly Karnataka couple took their own lives, leaving behind a note detailing harassment by fraudsters posing as officials

Noida businessman falls for dating app trap, loses ₹6.3 crore to scam

A Noida businessman loses ₹6.3 crore in a dating app scam after trusting a woman who lured him into fake investments

Unidentified men hacked credit card details of a doctor: How to stay safe?

A Credit Card Protection plan offers insurance against fraud, covering unauthorised transactions. Some financial institutions also provide reimbursements, ensuring added security for consumers

Noida businessman loses Rs 1.15 cr to share market fraud: How to stay safe

It's vital to invest through Sebi-registered platforms, steer clear of anyone promising unusually high returns while using trusted apps

US Embassy in Delhi files FIR against fake visa agents, Crime Branch probes

In the complaint, a representative of the US Embassy in New Delhi highlighted fraudulent activities by visa agents