The Cyber Crime Unit of Special Cell, Delhi Police has busted a racket involved in Investment Fraud and arrested a fraudster and apprehended a juvenile.
With over a decade since the introduction of Bitcoin (BTC), the first and the most prominent cryptocurrency, digital currencies continue to redefine the
Cryptocurrency and cyber theft: Issues of global concern tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.
last year, but as you mention the majority of that now is through, for the first time, what is known as authorised push payment fraud. what s that? i will give you an example, we happily had one of these text messages during the lockdown, which was a delivery text, all claiming to be a delivery text, saying that you had a delivery and you needed to make a payment. that was fraudsters trying to get hold of your details, trying to get hold of your details, trying to get hold of your money. so that is an example of an a pp fraud. and it is where people are tricked into transferring money to the fraudsters, it could be through an investment fraud, it could be a romance scam, that kind of thing as well. and those kind of frauds have gone up by 71%, compared to the first half of last year, and as you say, less than half of that was actually refunded to victims, so gone are the days when you feel as though you are guaranteed to get your money back if you are a victim.