A 75-year-old woman in Chhatrapati Sambhajinagar was duped out of Rs 3.8 crore after fraudsters impersonated police officers through a ‘digital arrest’ scam involving video calls, highlighting a growing trend of high-value cyber fraud targeting the elderly. A 75-year-old woman…
Jammu and Kashmir Police have recouped ₹6.70 lakh in a cyber fraud case, highlighting intensified cybercrime suppression efforts across India as authorities tackle rising digital scams and expedite victim recoveries. Jammu and Kashmir Police have recovered ₹6.70 lakh from an…
The Federal Communications Commission issues a warning about sophisticated bank impersonation scams that prey on consumers with urgency, leading to significant financial losses. Experts advise verifying any suspicious contact directly through official channels to prevent falling victim. The Federal Communications…
Financial experts emphasise proactive planning, including extra payments and refinancing, to reduce the total interest paid and tackle personal loans more effectively. A personal loan can be a quick fix when money is needed for an emergency, a wedding, medical…
As India marks World Investor Week, SEBI introduces reinforced verification, complaint filing, and recovery tools to strengthen investor confidence and combat fraud, signalling a significant shift towards transparent and secure financial markets. World Investor Week, being marked from 5 to…
As millions assist their adult children with home purchases, parents grapple with the potential long-term costs to their own retirement savings, raising questions about financial priorities and risks. Parents are increasingly being drawn into their adult children’s home-buying plans, but…
As AI technology advances, fraud specialist Frank Abagnale warns that convincing scams are becoming harder to detect. Experts recommend slowing down and independently verifying requests to avoid becoming victims of AI-generated impersonations. Artificial intelligence is making scams harder to spot,…
Acko expands its digital offerings with DriveCam, healthcare, and travel products aimed at prevention and ongoing support, signalling a shift in Indian insurance services. ACKO has unveiled three products that push the digital insurer further beyond the traditional moment of…
Senior citizens seeking five-year fixed deposits face a competitive landscape, with small finance banks offering the highest headline rates, but the final choice depends on withdrawal rules, tax implications, and overall convenience as market rates remain steady. Senior citizens looking…
A Kerala consumer commission has mandated a cooperative bank to release over Rs 13.8 lakh to a widow, ruling that internal bank inquiries do not justify withholding her funds from matured fixed deposits, highlighting depositor protections under the Consumer Protection…
As retirement expenses rise in India, more savers are embracing annuities to transform lump sums into reliable income streams, highlighting a shift towards diversified retirement strategies tailored to individual needs and market challenges. Retirement often changes the shape of a…
As vehicle technology advances, the cost of repairing damages from accidents rises significantly, with high-tech lighting, glass, wheels, and major component replacements pushing repair bills into six figures, highlighting the importance of understanding insurance coverage. Minor dents and scratches are…
