Money Exchange Fraud
- All
- News
- Videos
-
Maharashtra Woman Duped For Rs 1 Lakh In Currency Exchange Fraud: Cops
Three unidentified persons allegedly duped a woman from Navi Mumbai of Rs 1 lakh under the pretext of providing her US currency in exchange for the Indian money, police said on Wednesday.
-
Antique Coins And Rs 2 Crore Promise: Man, 60, Shoots Self Over Cyber Scam
A 60-year-old retired security guard in Madhya Pradesh's Rewa city shot himself with his licensed gun after falling prey to an elaborate cyber scam that promised crores in exchange for antique coins.
-
French Investigators Open Fraud Probe Against Crypto Platform Binance
French authorities have launched a judicial investigation into Binance for money laundering, tax fraud, and other charges. Binance, the world's largest cryptocurrency exchange, denies the allegations. The Paris public prosecutor's office's economic and financial crime section (JUNALCO) stated the probe involves money laundering related to drug traf...
-
Mumbai Woman Placed Under 'Digital Arrest' By Fraudsters, Pays Rs 14 Lakh
A 67-year-old Mumbai-based woman was placed under "digital arrest" by online fraudsters, who forced her to pay Rs 14 lakh in exchange of clearing her name in a non-existent money laundering case, police have said.
-
UNODC Proposes Penalties for Unlicensed Crypto Firms in Southeast Asia to Combat Growing Cyber Fraud
In response to the surge in cyber fraud across Southeast Asia, the UNODC has recommended penalizing unlicensed crypto firms, which are being exploited by money launderers to enable illegal transactions. The report emphasizes the need for authorities to "identify and prevent" unregulated and unlicensed Virtual Asset Service Providers (VASPs), partic...
-
FTX's Lawyers "Aided Prosecution": Sam Bankman-Fried Kicks Off Defence
Indicted FTX founder Sam Bankman-Fried has renewed his attacks on the bankrupt cryptocurrency exchange's law firm as he mounts his defense against a raft of fraud, money laundering and campaign finance charges.
-
Enforcement Directorate Probing Several Cryptocurrency, Digital Currency Fraud Cases: MoS Finance
The Enforcement Directorate (ED) has has attached, seized, or frozen proceeds of crime amounting to Rs 936.89 crore as on January 31, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Lok Sabha on Monday. The minister also said the ED is probing several cryptocurrency and digital fraud cases in the country, while some cr...
-
Terraform Founder Do Kwan Arrested in Montenegro, South Korea to Seek Extradition of Crypto Fugitive
South Korea will seek the extradition of fugitive crypto entrepreneur Do Kwon, prosecutors told AFP Friday, after the Terraform founder was arrested in Montenegro and hit with US fraud charges.
-
Do Kwon, Terraform Labs Charged With 'Orchestrating Multi-Billion Dollar Crypto Asset Securities Fraud'
Wanted Terra founder Do Kwon and Terraform Labs have been charged with "orchestrating a multi-billion dollar crypto asset securities fraud," the US Securities and Exchange Commission said on Thursday. Terraform Labs' collapse last year wiped out about $40 billion (roughly Rs. 3,31,166 crore) of investors' money and shook global crypto markets.
-
FTX's Sam Bankman-Fried Pleads Not Guilty to Fraud, Trial Set to Begin in October
FTX's Sam Bankman-Fried, who is out on bail in the US, pleaded not guilty to US criminal fraud charges over the collapse of the crypto exchange on Tuesday. He faces charges of conspiracy, wire fraud, money laundering and election finance violations. New York judge Lewis Kaplan has set a tentative date of October 2 for the trial to begin.
-
Maharashtra Woman Duped For Rs 1 Lakh In Currency Exchange Fraud: Cops
Three unidentified persons allegedly duped a woman from Navi Mumbai of Rs 1 lakh under the pretext of providing her US currency in exchange for the Indian money, police said on Wednesday.
-
Antique Coins And Rs 2 Crore Promise: Man, 60, Shoots Self Over Cyber Scam
A 60-year-old retired security guard in Madhya Pradesh's Rewa city shot himself with his licensed gun after falling prey to an elaborate cyber scam that promised crores in exchange for antique coins.
-
French Investigators Open Fraud Probe Against Crypto Platform Binance
French authorities have launched a judicial investigation into Binance for money laundering, tax fraud, and other charges. Binance, the world's largest cryptocurrency exchange, denies the allegations. The Paris public prosecutor's office's economic and financial crime section (JUNALCO) stated the probe involves money laundering related to drug traf...
-
Mumbai Woman Placed Under 'Digital Arrest' By Fraudsters, Pays Rs 14 Lakh
A 67-year-old Mumbai-based woman was placed under "digital arrest" by online fraudsters, who forced her to pay Rs 14 lakh in exchange of clearing her name in a non-existent money laundering case, police have said.
-
UNODC Proposes Penalties for Unlicensed Crypto Firms in Southeast Asia to Combat Growing Cyber Fraud
In response to the surge in cyber fraud across Southeast Asia, the UNODC has recommended penalizing unlicensed crypto firms, which are being exploited by money launderers to enable illegal transactions. The report emphasizes the need for authorities to "identify and prevent" unregulated and unlicensed Virtual Asset Service Providers (VASPs), partic...
-
FTX's Lawyers "Aided Prosecution": Sam Bankman-Fried Kicks Off Defence
Indicted FTX founder Sam Bankman-Fried has renewed his attacks on the bankrupt cryptocurrency exchange's law firm as he mounts his defense against a raft of fraud, money laundering and campaign finance charges.
-
Enforcement Directorate Probing Several Cryptocurrency, Digital Currency Fraud Cases: MoS Finance
The Enforcement Directorate (ED) has has attached, seized, or frozen proceeds of crime amounting to Rs 936.89 crore as on January 31, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Lok Sabha on Monday. The minister also said the ED is probing several cryptocurrency and digital fraud cases in the country, while some cr...
-
Terraform Founder Do Kwan Arrested in Montenegro, South Korea to Seek Extradition of Crypto Fugitive
South Korea will seek the extradition of fugitive crypto entrepreneur Do Kwon, prosecutors told AFP Friday, after the Terraform founder was arrested in Montenegro and hit with US fraud charges.
-
Do Kwon, Terraform Labs Charged With 'Orchestrating Multi-Billion Dollar Crypto Asset Securities Fraud'
Wanted Terra founder Do Kwon and Terraform Labs have been charged with "orchestrating a multi-billion dollar crypto asset securities fraud," the US Securities and Exchange Commission said on Thursday. Terraform Labs' collapse last year wiped out about $40 billion (roughly Rs. 3,31,166 crore) of investors' money and shook global crypto markets.
-
FTX's Sam Bankman-Fried Pleads Not Guilty to Fraud, Trial Set to Begin in October
FTX's Sam Bankman-Fried, who is out on bail in the US, pleaded not guilty to US criminal fraud charges over the collapse of the crypto exchange on Tuesday. He faces charges of conspiracy, wire fraud, money laundering and election finance violations. New York judge Lewis Kaplan has set a tentative date of October 2 for the trial to begin.
