Cyber frauds: How are money mule scams impacting India’s financial inclusion efforts?

Cyber frauds: How are money mule scams impacting India's financial inclusion efforts?

A 400% increase in payment frauds, cases where 125 young boys are collectively duped out of ₹1 crore, life savings lost to phishing fraud, and credit scores plunging due to fake credit fraud – these are some of the headlines we are unfortunately becoming accustomed to. Cyber fraud is burgeoning into a digital pandemic that … Read more

Man loses ₹3.6 crore to online fraud: Take these 5 key steps to protect yourself from swindlers

Man loses ₹3.6 crore to online fraud: Take these 5 key steps to protect yourself from swindlers

Losing money to an online scam or fraud is not uncommon anymore. But what has become common sadly is the loss of fortune to the tune of crores to hapless senior citizens.  Not too long after two senior citizens collectively lost around ₹3 crore in two separate but similar frauds in Ahmedabad, a new case … Read more