A US appeals court on Tuesday revived a lawsuit alleging HP Inc defrauded shareholders by secretly using unprofitable tactics to boost sales of its printing supplies in 2015 and 2016. The 9th US Circuit Court of Appeals reversed a judge’s ruling dismissing the lawsuit as filed too late. Investors say they did not discover the alleged fraud […] More
The Noida Police on Tuesday said they have arrested six members of a cyber gang which allegedly created fake websites of D-Mart, Big Basket, and Big Bazaar and duped people of crores of rupees. Through these websites, the thugs offered products at discounted or cheap rates in order to lure gullible buyers, then during payment […] More
Cuttack: A private hospital owner and its manager were arrested by the police in Cuttack district for allegedly claiming a patient’s bills under the Odisha government’s cashless healthcare scheme, Biju Swasthya Kalyan Yojana (BSKY) despite the patient receiving treatment from another non-empanelled hospital. According to the police, the private hospital, which is empanelled under BSKY, […] More
Enforcement Directorate is investigating several cases related to cryptocurrency/ virtual digital currency frauds wherein a few crypto exchanges have also been found involved in money laundering, Parliament was informed on Monday. In a written reply in the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said the virtual digital assets have the potential for […] More
A 65-year-old Mumbai woman became a victim of cyber fraud amounting to Rs. 6,91,859 after she responded to a fake message of an overdue electricity bill. The victim, a resident of Mumbai’s Andheri area, received a message on her husband’s phone about an unpaid electricity bill. It further said that the electricity connection will be […] More
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