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. Five Arrested for Aiding Cyber Scam Operations
Police arrested five individuals accused of facilitating a cyber scam by providing mule bank accounts and SIM cards to fraudsters. Officials said the suspects played a key role in laundering money stolen from victims. The arrests are part of a wider crackdown on organized cybercrime networks operating across states.
2. Man Defrauded of Over ₹3 Lakh in Loan Scam
A man lost over ₹3 lakh after being lured into a fraudulent loan scheme. Cybercriminals posed as representatives of a finance company, collecting advance payments under the guise of processing fees. When the loan never materialized, the victim reported the fraud. Police have launched an investigation into the scam.
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3. CBI Arrests Indore Firm’s MD in ₹183 Crore Fraud Case
The Central Bureau of Investigation arrested the managing director of an Indore-based company for allegedly defrauding banks of ₹183 crore. Investigators allege the firm obtained credit facilities using forged documents and diverted funds for personal gain. The arrest follows a probe into high-value financial frauds impacting the banking sector.
4. Visa Fraud: Three Booked for Cheating Farmer of ₹20 Lakh
Police filed an FIR against three individuals accused of duping a farmer of ₹20 lakh in a visa fraud case. The suspects promised overseas employment and secure documentation but disappeared after collecting money. Authorities are tracing the accused and cautioning citizens against unverified immigration agents and false job offers.
5. Economic Offences Unit Arrests Three in Aadhaar Fraud Case
The Economic Offences Unit (EOU) arrested three people involved in Aadhaar-related fraud. Investigators said the accused tampered with identity documents to commit financial crimes and enable illegal transactions. The arrests highlight the growing misuse of digital identity infrastructure. Authorities urged stricter verification measures to curb Aadhaar-enabled frauds.
INTERNATIONAL
6. U.S. Indicts Ukrainian Hacker for Hundreds of Ransomware Attacks Using Multiple Variants
A Ukrainian national has been indicted in the U.S. for carrying out hundreds of ransomware attacks using multiple malware variants. Prosecutors allege he extorted millions from victims, including hospitals and businesses. The case highlights the persistent global ransomware threat and ongoing international cooperation to bring perpetrators to justice.
7. U.S. Targets Southeast Asian Scam Networks Draining Billions in Global Crackdown
U.S. authorities announced a major crackdown on Southeast Asian scam networks responsible for defrauding billions worldwide. Officials say the syndicates operate cyber fraud centers involving forced labor and human trafficking. Sanctions and legal actions aim to dismantle these criminal enterprises and cut off their financial support channels.
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8. Police Scotland Partners with Academia to Combat Rising Deepfake Threats
Police Scotland has launched a new partnership with universities to counter the growing threat of deepfake technology. The collaboration will focus on research, detection tools, and training to help law enforcement identify manipulated media. Officials warn deepfakes could be weaponized for fraud, blackmail, and misinformation campaigns across the UK.
9. U.S. Seeks Forfeiture of $5 Million in Bitcoin Linked to SIM Swap Frauds
Federal prosecutors are seeking to seize $5 million in bitcoin tied to SIM swap scams. Authorities said the cryptocurrency was traced to hackers who hijacked mobile numbers to steal funds from victims. The move reflects broader efforts to disrupt financial gains from digital fraud and cryptocurrency-enabled crimes.
10. U.S. Announces $11 Million Reward for Fugitive Ukrainian Ransomware Operator and Associates
The U.S. government has offered an $11 million reward for information leading to the capture of a Ukrainian ransomware fugitive and other associates. Officials allege the group targeted critical infrastructure and extorted millions. The reward underscores Washington’s growing focus on tackling cybercriminals operating across international borders.