Minting money under cryptocurrency is the new mantra of cyber fraud
By MYBRANDBOOK
Cyber fraud is spreading like a wildfire. After several cyber attacks, minting money through cryptocurrency is now the new mantra.
In Kerala, a man claims to have created cryptocurrency, and is minting money since long. According to the police records, this man has earned nearly Rs.1, 650 crore by including lakhs of people into his project. He has been able to do this through voice messages on social media, without even meeting any one, nor having any office in Kerala.
The police are just learning the ‘tricks’ of the scam that was centred in Nilambur, Malappuram, and that promised to multiply investments.
The Pookottumpadam police have registered a case against the accused, the managing director of Long Rich Global Private Limited, on the instructions of the Malappuram district police chief, after large financial transaction came into notice
The case has been registered under the Price Chits and Money Circulation Schemes (Banning) Act as there are no earlier complainants.
The complaints began to flow in after the recent investors learnt about the fraud, only after when they learnt that the case has been registered.
The latest version of X helps prevent deepfakes on social medi
To combat deepfakes and shallowfakes, Elon Musk revealed a new update t...
India and Namibia collaborate on a payment system similar to U
Once operational, the platform will enable digital transactions in Namibia,...
Sebi issues show-cause notices to six Adani group firms
Sebi issued show-cause notices to six Adani Group firms, including Adani ...
Microsoft to build a new data centre to support Thailand's tec
Microsoft has revealed intentions to construct a regional data centre as w...
POLYCAB INDIA PVT. LTD.
AMARA RAJA POWER SYSTEMS LTD.
IBALL WORLDWIDE PVT. LTD.
QUICK HEAL TECHNOLOGIES PVT. Ltd.
Technology Icons Of India 2023: Roshni Nadar Malhotra
Roshni Nadar Malhotra is an Indian billionaire businesswoman and the c...
Technology Icons Of India 2023: Hari Om Rai
Hari Om Rai is the Co-founder, Chairman & Managing Director of Lava In...
Technology Icons Of India 2023: C P Gurnani
CP Gurnani (popularly known as ‘CP’ within his peer group), is the...
NPCI leading India towards Digital payments
The National Payments Corporation of India (NPCI) is an initiative tak...
STPI encouraging software exports from India
Software Technology Parks of India (STPI) is an S&T organization under...
New defence PSUs will help India become self-reliant
MIL, India’s biggest manufacturer and market leader is engaged in Pr...
TECHNOBIND SOLUTIONS PVT. LTD.
TechnoBind’s business model is focused on identifying and partnering...
SUPERTRON ELECTRONICS PVT. LTD.
Supertron deals in servers, laptops, components, accessories and is a...
SONATA INFORMATION TECHNOLOGY LIMITED
Sonata Software Limited is a leading Modernization engineering company...