fraud

Myanmar-style cybercrime operation busted near Andhra SEZ; 100 detained

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Myanmar-style cybercrime operation busted near Andhra SEZ; 100 detained Visakhapatnam: Police have dismantled a cybercrime network allegedly modeled after operations in Myanmar and Cambodia, which operated out of multiple buildings near the Atchutapuram SEZ and industrial area in Andhra Pradesh’s Anakapalli district. The operation, which had been running for two years, resulted in the arrest … Read more

IndusInd Bank Faces First Quarterly Loss in 19 Years Amid Internal Fraud and Accounting Issues

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IndusInd Bank Faces First Quarterly Loss in 19 Years Amid Internal Fraud and Accounting Issues MUMBAI: IndusInd Bank has reported a quarterly loss of Rs 2,236 crore for the three months ending March 2025, marking its first quarterly loss since March 2006. This follows a significant reversal from a net profit of Rs 2,346 crore … Read more