Trading Fraud
- All
- News
- Videos
-
Fake Payment Gateways, Properties In Spain: Inside Rs 800-Crore Forex Scam
The Enforcement Directorate conducted raids across four cities in connection with a Rs 800 crore scam pertaining to a online forex trading through a OctaFx app and website.
-
Thane Man Duped Of Rs 1.4 Crore In Gold Trading Fraud, Case Filed
A 62-year-old man from Maharashtra's Thane city was allegedly duped of more than Rs 1.4 crore by two persons who lured him to invest in a gold trading scheme, police said on Monday.
-
Man Arrested For Duping Investors Of Over Rs 48 Lakh Via Fake Trading App In Delhi
A 29-year-old man was tracked down and held in Maharashtra for allegedly defrauding multiple investors of over Rs 48 lakh in Outer North Delhi, police said Tuesday.
-
Dubai's VARA Sets June 19 Deadline for Crypto Firms to Comply With Updated Activity-Based Rulebooks
Dubai's Virtual Assets Regulatory Authority (VARA) introduced changes to its crypto policies aiming to increase risk oversight and ensure investor security. The policy changes focuses on deploying more control around margin trading and token distribution services among others.
-
Mumbai Man Loses Rs 61 Lakh In Investment Scam, 3 Arrested
The Mumbai police have arrested three persons for providing their bank accounts to cyber fraudsters, who duped a share trading professional of over Rs 61 lakh by promising attractive returns on investment, an official said on Tuesday.
-
Thane Man Duped Of Rs 1.23 Crore In Share Trading Fraud, 3 Arrested
A 60-year-old man and eight others from Maharashtra's Thane district allegedly lost Rs 1.23 crore to fraudsters who lured them to invest in share trading, promising him lucrative returns, police said on Friday.
-
Trying To Find Love, Noida Man Loses Rs 6.3 Crore Life Savings
Daljit Singh matched with a woman named Anita, who allegedly convinced him to invest in certain companies on the pretext of earning huge profits.
-
Thane Man Duped Of Rs 13.54 Lakh In Forex Trading Fraud
A 38-year-old man from Maharashtra's Thane district allegedly lost Rs 13.54 lakh after he fell for "high returns in forex trade", an official said on Friday.
-
Thane Man Duped Of Rs 72.98 Lakh In Share Trading Fraud
Thane police have registered a case against two persons and a company for allegedly duping a 70-year-old man of Rs 72.98 lakh after luring him to invest in a fake share trading scheme, an official said on Tuesday.
-
Navi Mumbai Resident Conned Of Rs 15 Crore, Man With 'Cambodia Links' Arrested
Police have arrested a 30-year-old man from Khagaria town in Bihar for cheating a Navi Mumbai resident to the tune of more than Rs 14.88 crore in a share trading cyber fraud, an official said on Friday.
-
Chinese Man, Involved In Rs 100 Crore Cyber Scam, Arrested In Delhi
A Chinese national was arrested for his involvement in a massive Rs 100 crore cyber fraud case in Delhi, officials said on Tuesday.
-
Lawsuit Claiming Elon Musk Rigged Dogecoin Ends
A lawsuit accusing Musk of rigging dogecoin is ending. Investors in the cryptocurrency who said theElon Musk and his electric car company Tesla committed fraud and insider trading are withdrawing their appeal from an Aug. 29 dismissal of their case.
-
US Charges Three Firms, 15 People With Cryptocurrency Fraud
Three cryptocurrency companies and 15 people have been charged with engaging in widespread fraud and market manipulation in the US. Federal prosecutors in Boston charged the firms Gotbit, ZM Quant, CLS Global and the leaders and employees of those and other companies in a takedown.
-
Crypto Fraud Increased 45 Percent in 2023 to $5.6 Billion, FBI Says
The FBI Internet Crime Complaint Center received nearly 69,500 complaints from consumers in the US and abroad last year. Call center frauds, such as government impersonation scams, accounted for about 10 percent of cryptocurrency losses.
-
UK Says 90 Percent Crypto Firms Applying for Licence Lacks Money Laundering, Fraud Precautions
A recent report by the UK Financial Conduct Authority (FCA) has said that they have rejected 90 percent of the registration applications of crypto firms in recent times. Inconsistencies with security measures against frauds and money laundering activities have emerged among top reasons for licence rejection.
-
Fake Payment Gateways, Properties In Spain: Inside Rs 800-Crore Forex Scam
The Enforcement Directorate conducted raids across four cities in connection with a Rs 800 crore scam pertaining to a online forex trading through a OctaFx app and website.
-
Thane Man Duped Of Rs 1.4 Crore In Gold Trading Fraud, Case Filed
A 62-year-old man from Maharashtra's Thane city was allegedly duped of more than Rs 1.4 crore by two persons who lured him to invest in a gold trading scheme, police said on Monday.
-
Man Arrested For Duping Investors Of Over Rs 48 Lakh Via Fake Trading App In Delhi
A 29-year-old man was tracked down and held in Maharashtra for allegedly defrauding multiple investors of over Rs 48 lakh in Outer North Delhi, police said Tuesday.
-
Dubai's VARA Sets June 19 Deadline for Crypto Firms to Comply With Updated Activity-Based Rulebooks
Dubai's Virtual Assets Regulatory Authority (VARA) introduced changes to its crypto policies aiming to increase risk oversight and ensure investor security. The policy changes focuses on deploying more control around margin trading and token distribution services among others.
-
Mumbai Man Loses Rs 61 Lakh In Investment Scam, 3 Arrested
The Mumbai police have arrested three persons for providing their bank accounts to cyber fraudsters, who duped a share trading professional of over Rs 61 lakh by promising attractive returns on investment, an official said on Tuesday.
-
Thane Man Duped Of Rs 1.23 Crore In Share Trading Fraud, 3 Arrested
A 60-year-old man and eight others from Maharashtra's Thane district allegedly lost Rs 1.23 crore to fraudsters who lured them to invest in share trading, promising him lucrative returns, police said on Friday.
-
Trying To Find Love, Noida Man Loses Rs 6.3 Crore Life Savings
Daljit Singh matched with a woman named Anita, who allegedly convinced him to invest in certain companies on the pretext of earning huge profits.
-
Thane Man Duped Of Rs 13.54 Lakh In Forex Trading Fraud
A 38-year-old man from Maharashtra's Thane district allegedly lost Rs 13.54 lakh after he fell for "high returns in forex trade", an official said on Friday.
-
Thane Man Duped Of Rs 72.98 Lakh In Share Trading Fraud
Thane police have registered a case against two persons and a company for allegedly duping a 70-year-old man of Rs 72.98 lakh after luring him to invest in a fake share trading scheme, an official said on Tuesday.
-
Navi Mumbai Resident Conned Of Rs 15 Crore, Man With 'Cambodia Links' Arrested
Police have arrested a 30-year-old man from Khagaria town in Bihar for cheating a Navi Mumbai resident to the tune of more than Rs 14.88 crore in a share trading cyber fraud, an official said on Friday.
-
Chinese Man, Involved In Rs 100 Crore Cyber Scam, Arrested In Delhi
A Chinese national was arrested for his involvement in a massive Rs 100 crore cyber fraud case in Delhi, officials said on Tuesday.
-
Lawsuit Claiming Elon Musk Rigged Dogecoin Ends
A lawsuit accusing Musk of rigging dogecoin is ending. Investors in the cryptocurrency who said theElon Musk and his electric car company Tesla committed fraud and insider trading are withdrawing their appeal from an Aug. 29 dismissal of their case.
-
US Charges Three Firms, 15 People With Cryptocurrency Fraud
Three cryptocurrency companies and 15 people have been charged with engaging in widespread fraud and market manipulation in the US. Federal prosecutors in Boston charged the firms Gotbit, ZM Quant, CLS Global and the leaders and employees of those and other companies in a takedown.
-
Crypto Fraud Increased 45 Percent in 2023 to $5.6 Billion, FBI Says
The FBI Internet Crime Complaint Center received nearly 69,500 complaints from consumers in the US and abroad last year. Call center frauds, such as government impersonation scams, accounted for about 10 percent of cryptocurrency losses.
-
UK Says 90 Percent Crypto Firms Applying for Licence Lacks Money Laundering, Fraud Precautions
A recent report by the UK Financial Conduct Authority (FCA) has said that they have rejected 90 percent of the registration applications of crypto firms in recent times. Inconsistencies with security measures against frauds and money laundering activities have emerged among top reasons for licence rejection.
