Fraud
Cyber fraud stopped at source: How India’s FRI system saved ₹5,000 crore—and 6 steps to protect your money
The government’s Financial Fraud Risk Indicator (FRI) has helped prevent suspected cyber fraud losses worth more than ₹5,000 crore since its launch in May 2025. Know how FRI uses telecom intelligence to flag risky transactions and what steps consumers can take to protect their money.
2 min read9 Sep 2026Evergrande’s Hui Ka Yan jailed for life: Inside the rise & fall of China’s once-richest man—how much is his net worth?
Hui Ka Yan, founder of Evergrande and once China's richest man, was sentenced to life in prison for fraud and embezzlement. The Shenzhen court fined him CNY 8.82 billion, marking a significant fall from grace. Evergrande has been facing financial collapse since 2021.
5 min read20 Aug 2026National Student Laptop Scheme 2026 is fake: PIB Fact Check reiterates warning against viral WhatsApp message
PIB Fact Check has again debunked a viral WhatsApp message, first flagged in January, claiming the Government is accepting applications for free laptops under the ‘National Student Laptop Scheme 2026’. It reiterated that no such scheme exists.
2 min read20 Jul 2026Why disclosure alone cannot prevent the next corporate fraud
Corporate frauds continue to emerge despite tighter disclosure norms. The real challenge is not the quantity of information, but whether it reflects economic reality and is effectively verified.
3 min read15 Jul 2026WhatsApp, Telegram reply to MeitY notices on upcoming username feature: What we know
Telegram and Meta-owned WhatsApp on Thursday submitted their responses to the MeitY notices over concerns about the messaging platforms' upcoming username feature.
3 min read10 Jul 2026LIC flags 'rampant mis-selling' in life insurance, warns of fraud in pockets
LIC has flagged mis-selling as a major challenge for the life insurance industry, as IRDAI moves to tighten sales practices. The insurer also highlighted India's protection gap, changing risk landscape and the need for products tailored to gig workers.
2 min read30 Jun 2026Who is Anukalp Mishra? Ram Mandir donation theft probe puts cash handler's lifestyle under scanner
The investigation so far has brought attention to Anukalp Mishra, one of the eight people arrested after an FIR was registered in case. Mishra was among the staff responsible for counting and managing cash donations received at the temple.
3 min read29 Jun 2026'There is no quick way to make money': Zerodha's Nithin Kamath issues warning that could save investors millions
Zerodha co-founder Nithin Kamath highlights the persistence of pyramid schemes in India, with many investors misled by promises of easy profits. He cautions that this mindset can lead to significant financial losses, urging individuals to be wary of recruitment-based opportunities.
2 min read25 Jun 2026ATM fraud explained: Types, risks and 5 smart ways to protect your money
Protect your savings from ATM fraud with simple safety measures. Here we explain common ATM scams, their impact on card users, and five effective ways to prevent financial losses while keeping your banking information secure.
3 min read22 Jun 2026Aimee Bock, Feeding Our Future fraud scheme ringleader, sentenced to 40 years in prison; here's why
Aimee Bock, head of Feeding Our Future, has been sentenced to over 40 years in prison for leading a $250 million fraud scheme tied to federal child nutrition programs during COVID-19. Prosecutors said fake meal sites, inflated claims, and shell companies diverted funds meant to feed children.
3 min read21 May 2026Wait for it…
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