Fraudulent Claims

The BCCI falsified claims that it is giving NCA admission to youngsters by charging a fee.

Bumble released a new AI-powered tool called Deception Detector that can identify and block spam, scams, and fake profiles before members come across them. The feature was launched to mark Safer Internet Day. The dating app claims that 95 percent of accounts that showed up in its testing as fraudulent were already automatically blocked by Deception...

Google took down over 2,500 fraudulent loan apps from its Play Store between April 2021 and July 2022, Finance Minister Nirmala Sitharaman reportedly claimed in a written reply to a query in the Lok Sabha Monday. The minister also said that the Reserve Bank of India (RBI) had shared ‘whitelist’ of betting apps with the government to separate ap...

TRAI on Wednesday warned people against fraudulent calls falsely claiming to be from the telecom regulator and threatening to disconnect numbers. The regulatory body termed such calls as "illegal". The Telecom Regulatory Authority of India has clarified that it neither blocks nor disconnects the mobile number of individual telecom customers.

A marriage cannot be "avoided" by claiming one spouse induced the other into wedlock with fraudulent statements about family or fortune, the Delhi High Court said, refusing to annul a love marriage.

An Indian national pleaded guilty to the charges of defrauding various telephone providers and insurance companies of millions of dollars by using stolen or fake identities to submit fraudulent claims for replacement cellular devices.

Sanjay Shah, who was arrested in the Emirati financial hub last June, is wanted over an alleged 1.7 billion euro scam to help companies fraudulently claim Danish tax refunds.

The Commercial Affairs Department (CAD) from Singapore is now probing if Hodlnaut has been indulging in cheating and fraudulent activities. As per the law enforcement authorities, between August and November, several reports had claimed that Hodlnaut and its directors had made ‘false representations’ about the lender’s exposure to a particula...

A 26-year-old man has been arrested by the Maharashtra Goods and Services Tax (GST) department for fraudulently claiming a refund of more than Rs 27 crore through a fake input tax credit involving at least two "non-genuine" firms, an official said.

The United States on Friday announced "severe" new sanctions on Russia in response to what President Joe Biden called Moscow's "fraudulent" claim to have annexed four Ukrainian regions.

The US Securities and Exchange Commission (SEC) has charged 11 people for creating, and promoting a fraudulent crypto pyramid and Ponzi scheme. The scheme, Forsage, raised over $300 million (nearly Rs. 2,300 crores) from retail investors worldwide, including in the United States. Two of the defendants agreed to settle the charges and one of them ag...

Law firm Scott+Scott has proposed a class-action lawsuit against BAYC NFT creator Yuga Labs alleging the firm of ‘fraudulently duping’ investors. The law firm has pointed out how the prices of BAYC NFTs and Yuga Labs’ native ApeCoin dropped in recent months, bringing losses to investors. The law firm has now opened channels for individual BAY...

Apple on Wednesday announced that App Store helped to stop more than $1.5 billion (roughly Rs. 11,021 crores) in potentially fraudulent transactions in 2021. The company claimed to have prevented over 1.6 million risky and vulnerable apps and app updates from defrauding users last year.

Future Retail Ltd (FRL) has denied Amazon's allegations that the debt-ridden firm's independent directors facilitated a "fraudulent stratagem" in transferring 835 stores to the Reliance group, saying the e-commerce major has been making "baseless" and "irrelevant" claims.

The CBI has booked a businessman along with an Income Tax inspector and others for allegedly claiming fraudulent tax refunds of over Rs 263 crore, officials said on Thursday.

The BCCI falsified claims that it is giving NCA admission to youngsters by charging a fee.

Bumble released a new AI-powered tool called Deception Detector that can identify and block spam, scams, and fake profiles before members come across them. The feature was launched to mark Safer Internet Day. The dating app claims that 95 percent of accounts that showed up in its testing as fraudulent were already automatically blocked by Deception...

Google took down over 2,500 fraudulent loan apps from its Play Store between April 2021 and July 2022, Finance Minister Nirmala Sitharaman reportedly claimed in a written reply to a query in the Lok Sabha Monday. The minister also said that the Reserve Bank of India (RBI) had shared ‘whitelist’ of betting apps with the government to separate ap...

TRAI on Wednesday warned people against fraudulent calls falsely claiming to be from the telecom regulator and threatening to disconnect numbers. The regulatory body termed such calls as "illegal". The Telecom Regulatory Authority of India has clarified that it neither blocks nor disconnects the mobile number of individual telecom customers.

A marriage cannot be "avoided" by claiming one spouse induced the other into wedlock with fraudulent statements about family or fortune, the Delhi High Court said, refusing to annul a love marriage.

An Indian national pleaded guilty to the charges of defrauding various telephone providers and insurance companies of millions of dollars by using stolen or fake identities to submit fraudulent claims for replacement cellular devices.

Sanjay Shah, who was arrested in the Emirati financial hub last June, is wanted over an alleged 1.7 billion euro scam to help companies fraudulently claim Danish tax refunds.

The Commercial Affairs Department (CAD) from Singapore is now probing if Hodlnaut has been indulging in cheating and fraudulent activities. As per the law enforcement authorities, between August and November, several reports had claimed that Hodlnaut and its directors had made ‘false representations’ about the lender’s exposure to a particula...

A 26-year-old man has been arrested by the Maharashtra Goods and Services Tax (GST) department for fraudulently claiming a refund of more than Rs 27 crore through a fake input tax credit involving at least two "non-genuine" firms, an official said.

The United States on Friday announced "severe" new sanctions on Russia in response to what President Joe Biden called Moscow's "fraudulent" claim to have annexed four Ukrainian regions.

The US Securities and Exchange Commission (SEC) has charged 11 people for creating, and promoting a fraudulent crypto pyramid and Ponzi scheme. The scheme, Forsage, raised over $300 million (nearly Rs. 2,300 crores) from retail investors worldwide, including in the United States. Two of the defendants agreed to settle the charges and one of them ag...

Law firm Scott+Scott has proposed a class-action lawsuit against BAYC NFT creator Yuga Labs alleging the firm of ‘fraudulently duping’ investors. The law firm has pointed out how the prices of BAYC NFTs and Yuga Labs’ native ApeCoin dropped in recent months, bringing losses to investors. The law firm has now opened channels for individual BAY...

Apple on Wednesday announced that App Store helped to stop more than $1.5 billion (roughly Rs. 11,021 crores) in potentially fraudulent transactions in 2021. The company claimed to have prevented over 1.6 million risky and vulnerable apps and app updates from defrauding users last year.

Future Retail Ltd (FRL) has denied Amazon's allegations that the debt-ridden firm's independent directors facilitated a "fraudulent stratagem" in transferring 835 stores to the Reliance group, saying the e-commerce major has been making "baseless" and "irrelevant" claims.

The CBI has booked a businessman along with an Income Tax inspector and others for allegedly claiming fraudulent tax refunds of over Rs 263 crore, officials said on Thursday.