Mumbai-based Shishir Kumar (name changed), a retired director of a public sector unit (PSU), wanted to dabble in online trading. By clicking a link on a Facebook ad, he was added to a WhatsApp group. He was also trained by experts representing a foreign investment firm.
In an era where technological innovation is king, how we handle money is undergoing a significant transformation. The rise of contactless payments, online banking, and digital wallets has revolutionized financial transactions, making them faster, more convenient, and often more secure than traditional methods.
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A few days ago, Bollywood actor Vidya Balan filed a first information report (FIR) against a person who was running a fake Instagram account in her name. According to the police, the person used the account to extort money from people in the film industry.