The FinTech Hub
Source: Business Standard 2 min read Last Updated : Sep 25 2024 | 5:21 PM IST Star Health and Allied Insurance has seen a major data leak, as sensitive information of 31 million customers is publicly accessible through chatbots on Telegram. These documents include policy details, claims information, and even medical diagnoses….
Source: Live Mint “Get 12% assured returns on a monthly basis!” “Earn 120% annual returns with zero risk!” These are some of the classic hooks used by fraudsters to lure unsuspecting investors with promises of extraordinary returns. Sadly, these scams often target regions with low financial literacy, like the Northeastern parts of India. Recently, Guwahati…
Source: Business Standard A man recently shared his experience on Reddit, detailing how he was nearly tricked into paying Rs 44,000 on September 7. According to his post, he received a call from someone posing as an HDFC Credit Card Department representative, offering him a lifetime free card. Interested, he agreed, and the caller…
Source: Business Standard 4 min read Last Updated : Sep 10 2024 | 3:17 PM IST Losses from cryptocurrency-related investment fraud schemes reported have risen to $3.96 billion in 2023 from $2.57 billion in 2022, an increase of 53%. This type of fraud has emerged as the biggest crypto fraud in the last year,…
Source: Business Standard whatsapp(Photo: Shutterstock) 7 min read Last Updated : Sep 09 2024 | 1:18 PM IST Two Noida-residents were defrauded of about Rs 1.40 crore by cyber thugs by promising huge returns on stock market investments. Additional Deputy Commissioner of Police (Cyber Crime) Preeti Yadav said the victims include a woman and…
Source: Live Mint Edelweiss Mutual Fund’s managing director and chief executive officer (CEO), Radhika Gupta, supported ordinary investing compared to chasing unrealistic gains offered by potential fraudsters in the market waiting to entrap retail investors. Gupta took to her social media profile on platform X and said that investors should stick to “dal-chawal investing” (ordinary…
