The Top Ten cyber crime news summaries on The420 are meticulously curated by Future Crime Researchers from the Future Crime Research Foundation (FCRF) and powered by Algoritha Security Pvt. Ltd. These summaries feature the most critical cyber crime developments from around the world. Keep reading—and stay safe.
1. Mohali Surgeon Defrauded of ₹90 Lakh in Online Trading Scam
A cyber investigation team is examining bank accounts and mobile numbers linked to the fraud, officials said. Efforts are focused on tracing the digital footprint of the scammers to identify their network. Authorities are also working to recover the stolen funds and prevent further misuse of compromised financial channels.
2. Two Arrested for Leasing Bank Accounts to Cybercriminals for Commission
Cyber police arrested two men in Bhubaneswar for renting out their bank accounts to scammers for a 2% commission. The accused, part of a network operating across multiple states, facilitated illegal fund transfers worth over ₹1.34 crore. Police seized bank documents, SIM cards, and devices linked to the fraud.
3. Mumbai Cyber Fraud: Retired Cop’s Relative Loses ₹1.6 Lakh in Fake Bangkok Booking
A 32-year-old woman lost ₹1.64 lakh while booking a family trip to Thailand through a fake travel agency, she found online. The scammers duped her under the pretext of arranging airline tickets and accommodation. The fraud came to light, and a case was registered on May 30.
4. Cyber Fraud Duo Nabbed from Faridabad in Ongoing Scam Probe
Uttarakhand STF Cyber Police arrested two men from Faridabad for defrauding a woman of ₹39 lakh by posing as insurance officials. They lured her with promises of high returns on an old policy using fake documents via WhatsApp. The accused used multiple accounts; police recovered phones and SIM cards.
5. Ex-MLA’s Wife, Aides Booked in Multi-State Cybercrime Investigation
A case has been registered against, wife of ex-MLA, and three associates for duping victims by creating fake firms using forged GST credentials. Fraudulent bank accounts and documents enabled illegal transactions across 22 accounts. The scam links to 83 cyber fraud cases across 18 states.
INTERNATIONAL
6. Lumma Infostealer Takedown Fails to Stop Crew from Stealing and Selling Data
Despite a recent takedown, the Lumma infostealer gang continues stealing and selling user data, showing minimal disruption. Meanwhile, a ransomware group is using tech support scams to deploy malware, and Czechia has accused China of a cyberattack on its critical infrastructure, adding to rising global cybersecurity tensions.
7. Experts Warn of Rising Ransomware Risk as Western Youths Team Up with Russian Hackers
Ransomware gangs continue to disrupt global systems, targeting corporations, hospitals, and even Las Vegas casinos. The FBI and cybersecurity firms are battling groups like “Scattered Spider,” a bold collective of young English-speaking hackers from the U.S., U.K., and Canada, now resurfacing after a brief lull following earlier arrests.
8. Over 40 Predatory Loan Apps Blacklisted for Harassment and Extortion Tactics
Ghana’s Cyber Security Authority (CSA) has raised concerns over a surge in cyberbullying and privacy breaches linked to unregulated mobile lending apps. These rogue apps often misuse borrowers’ data, leading to harassment and public shaming. The CSA is urging tighter regulation and public awareness to curb digital exploitation.
9. 22 Held in Sextortion Ring Tied to Multiple Teen Suicides Across India
The Australian Federal Police revealed its role in a global cybercrime crackdown that led to the arrest of 22 alleged Nigerian scammers behind a major sextortion ring. The network targeted teenagers worldwide, including in Australia, exploiting victims through blackmail and explicit content in a widespread online extortion scheme.
10. Teen Hackers Exploit SIM Flaws to Steal $37 Million in Major Crypto Heist
Crypto crimes involving SIM swapping and social engineering often result in light penalties, especially for young offenders. Legal protections in Canada and the EU shield juvenile cybercriminals, weakening deterrence. Recent high-profile thefts highlight the global disconnect between the seriousness of cryptocurrency crimes and the relatively lenient legal consequences.
