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INDIAN TECH SCAMS
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.- US shuts India-based call centre operation that defrauded elderly AmericansUS authorities have dismantled an India-based call centre scam. Hundreds of elderly Americans lost millions to tech support fraud. The inve...
- Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
- UPI underdogs seek fair play; WhatsApp tightens scam defencesSmaller UPI players will meet NPCI to curb the growth of industry leaders PhonePe, Google Pay and Paytm. This and more in today’s ETtech To...
- WhatsApp banned 9,400 accounts involved in digital arrest scams since January this year: Centre to SCAuthorities are launching a major crackdown on digital arrest scams. WhatsApp has banned thousands of accounts involved in these frauds. Ne...
- How this e-challan SMS could empty your bank account in minutes: Comedian’s close call exposes a new scam; Netizens share similar experiencesA Mumbai comedian narrowly avoided an e-challan scam, highlighting how fraudsters use convincing fake websites and official-looking message...
- Digital cash is everywhere, and so are scammersDigital scams are on the rise, including the case of an Indian textile baron who lost $830,000 last year after fraudsters summoned him to a...
- Hamara gaon, hamara digital pushWhile smartphone adoption among low- and moderate-income (LMI) communities is growing, usage is limited to social media and messaging apps....
- Assam and Guwahati police city bust international fake call center racket in GuwahatiAssam police and Guwahati city police have conducted a major operation to dismantle an international fake call center racket operating from...
- Dreams and dhokha: The anatomy of a tech job scamTata Consultancy Services (TCS), India's biggest tech company, yesterday sacked at least four executives for allegedly giving preferential ...
- Gig workers, call centre scams, ghost work: the dark side of India's tech sectorIndian police have raided hundreds of such centres in Ahmedabad, Delhi, Gurugram, Mumbai and Kolkata in recent years, and said they have ch...
- ADIF writes to MeitY Secretary about scams due to fraudulent ads on Google searchIn its letter, the industry body pointed to a recent incident of fraudsters advertising numbers disguised as customer support numbers of Mo...
- More Indians fall prey to online fraud, millennials suffer the mostIn India, millennials (aged between 24 and 37) were the most susceptible to such scams in 2021, with 58% of those that continued with the s...
- Why Indians lose most money in tech scamsMicrosoft’s global survey – Global Tech Support Scam Research – that looks at tech support scams and their impact on consumers showed that ...
- Call center fraud: Indian pleads guilty in telemarketing scam in the USUnder the scam, call center operators falsely represented themselves to be associated with Microsoft Corporation, falsely represented to vi...
- Indians turn smarter at avoiding technology support scams: SurveyMillennials and males had the highest exposure to tech support scams, the web based survey, which is an update to the version released in 2...
- Indian tech firm sued in US for illegal business practicesiYogi and its President Vishal Dhar have been named in the lawsuit filed in King County Superior Court in Washington state.
- Mahindra did not anticipate legal hurdles after Satyam buy: Anand MahindraTech Mahindra and the Enforcement Directorate are locked in an intense legal battle in the Hyderabad High Court.
- Satyam is no more; to live on as part of Tech MahindraThe scam-hit erstwhile Satyam has formally ceased to exist as an individual entity by formally merging with Tech Mahindra.
- Tech Mahindra ties up Tata Capital, IDFC funds for SatyamTech Mahindra has raised Rs 550 crore from Tata Capital and IDFC to fund its takeover of scam-hit Satyam Computer.
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