Paytm Payments Bank Says Telcos Should Act Faster to Counter Online Fraud

Telecom companies in India need to implement stringent preventive and punitive measures to counter the menace of online frauds executed through spam SMS or calls, a top Paytm Payments Bank (PPB) executive said on Thursday. Paytm Payments Bank, which also houses the Paytm wallet, recently filed an FIR against fraudsters. “Telecom players should act fast … Read more

Nigerian among three held for online fraud

Prakasam police have achieved a breakthrough in a major cybercrime with the arrest of a Nigerian national and his accomplices from New Delhi. Superintendent of Police Siddharth Kaushal told a media conference here on Tuesday that the Nigerian, Onyech Hyginus(43), created a fake page on social media and befriended one Achaiah from Prakasam district who … Read more

5 held for Tirumala darshan ticket fraud

The Tirumala police on Monday unearthed a gang of five men involved in the black marketing of darshan tickets. Briefing the media, Tirumala One Town inspector Jaganmohan Reddy said that all the five arrested were involved in the illegal business for the past eight years. The modus operandi of the accused was to secure recommendation … Read more

Insurance Medical Services fraud unearthed in AP

After Telangana, it is the turn of Andhra Pradesh to unearth fraud of hundreds of crores of rupees in purchase of drugs, medical equipment, surgical tools and other items by the Director of Insurance Medical Services (IMS). Sleuths of AP’s Vigilance and Enforcement (V&E) wing stumbled upon evidence suggesting that prima facie at least ₹151.40 … Read more