#fraudprevention Archives

Beware of Online Scams: Woman Loses Rs 1.2 Crore in Investment Fraud

February 16, 2025February 16, 2025 Editor

Online Investment Scam: A Cautionary Tale for Digital Investors By: Javid Amin In an era of increasing online fraud, a 61-year-old government official from Shahdara fell victim to a sophisticated investment scam, losing a staggering Rs 1.2 crore to fraudsters. The scammers, posing as representatives of a fake UK-based online shopping platform, lured her with the promise of high returns. Over 78 days, she was manipulated into investing her life savings, only to realize too late that it was a trap. The Anatomy of the Scam: How It Unfolded The…

From Malicious Downloads to Empty Bank Accounts: Anatomy of a ₹2.8 Crore Heist & Expert Tactics to Outsmart Digital Fraudsters

February 2, 2025February 2, 2025 Editor

A Digital Heist in India’s Silicon Valley By: Javid Amin Bengaluru, India’s tech capital, is now the battleground for a sinister cybercrime wave. In January 2025, 42-year-old Hari Krishnan became the latest victim of a ruthless scam involving fake traffic challans, malicious APK files, and orchestrated financial theft. This incident isn’t isolated—it’s part of a sophisticated criminal playbook exploiting trust in authority, tech illiteracy, and gaps in India’s cybersecurity infrastructure. Here’s a deep dive into how these scams work, why they’re escalating, and how to armor yourself against digital predators.…

Safeguarding Your Finances in the Digital Age: A Guide to Combating UPI QR Code Scams

November 12, 2023November 12, 2023 Editor

Safeguarding Your Finances in the Digital Age: A Guide to Combating UPI QR Code Scams By: Javid Amin In the era of digital payments, convenience often comes at the cost of increased vulnerability to cyber threats. UPI QR code scams have emerged as a significant concern, preying on unsuspecting individuals and exploiting the growing popularity of cashless transactions. To combat these scams, it’s crucial to understand their modus operandi and adopt proactive measures to protect your financial well-being. Understanding UPI QR Code Scams Fraudsters often employ deceptive tactics to manipulate…

Protecting Your Mobile Identity: Defending Against SIM Swapping

October 25, 2023 Editor

As the digital realm becomes an integral part of our lives, protecting our mobile identity from evolving cyber threats is paramount. In the realm of cybercrimes, one particularly insidious form of identity theft is on the rise: SIM swapping. In this comprehensive guide, we’ll dive into the intricacies of SIM swapping, how it’s executed, and most importantly, how you can shield yourself from this growing menace. What is SIM Swapping? SIM swapping is a type of digital identity theft where malefactors gain access to your SIM card. Once in control…