Bengaluru businessman cheated
Bengaluru businessman cheated

Bengaluru businessman cheated

News summary

In recent weeks, multiple fraud cases have emerged in India, primarily involving counterfeit currency and online scams. The Cyber Crime Police in Gujarat have filed a case against 28 product suppliers from an online marketing company, accused of impersonation and cheating, resulting in losses of Rs. 5.4 Crore. Meanwhile, two businessmen in Bengaluru were duped into receiving counterfeit money amounting to Rs. 92 lakh while attempting to secure business loans through a middleman. The Central Crime Branch is investigating these cases, suspecting connections to hawala transactions. Additionally, three individuals in Pune reported losing a combined total of Rs. 2.33 Crore in online share trading frauds after being persuaded to invest through deceptive apps. These incidents highlight a growing trend of financial fraud that is affecting various sectors across India.

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