Important global cybercrime news has been curated by FutureCrime Researchers to keep you informed about various types of digital fraud occurring worldwide and to provide insights into the best mitigation strategies. Read below to learn more in detail.
1. Repeat offender nabbed in ₹7 crore cyber fraud case after 8-month manhunt
Eight months after duping industrialist of ₹7 crore by posing as a CBI officer, accused was re-arrested in Assam. Previously out on bail, he had absconded. Ludhiana Police recovered over ₹5 crore, with forgery charges now added. Eight more suspects remain at large.
2. MLA’s aunt arrested in ₹3.96 crore cyber scam involving fake investment links
MLA’s aunt, was arrested for allegedly leading a ₹3.96 crore cyber fraud gang using digital arrest tactics. She opened multiple bank accounts using poor individuals’ names, withdrew funds via debit cards, and retained cheque books. Two aides are in custody; three others are absconding.
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3. Two busted in ₹2.39 crore digital arrest racket targeting victims online
Moradabad police arrested two for duping a victim of ₹2.39 crore in a digital arrest scam. Posing as police officers, they falsely accused the victim of human trafficking. The FIR includes BNS sections and IT Act charges. Their bank accounts have been frozen.
4. Senior citizen loses ₹4.47 lakh in online scam; probe underway
A 67-year-old woman filed a complaint with Chatuhshrungi police, alleging she was duped of ₹4.47 lakh by a fraudster posing as a manager of her nationalised bank. The accused tricked her into sharing sensitive information, leading to multiple unauthorized transactions from her account. Police have launched an investigation.
5. Gurugram police bust bank account racket aiding multi-crore trading fraud
Cyber crime police in Gurugram arrested four men for allegedly supplying bank accounts to fraudsters running a trading investment scam. The arrests followed a March 15 complaint by a victim who was duped in the name of investment returns. Police are probing the wider network behind the fraud.
INTERNATIONAL
6. Coinbase warns cyber-attack fallout may cost up to $400 million
Coinbase, the largest U.S. crypto exchange, revealed a cyberattack may cost up to $400 million. Hackers accessed customer data via bribed overseas support staff but failed to steal passwords. Refusing a \$20M ransom, Coinbase pledged reimbursement to affected users and offered a $20M reward for leads on the culprits.
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7. DoorDash scam uncovered: fake drivers and deliveries defraud platform of $2.59 million
Sayee Chaitanya Reddy Devagiri pleaded guilty to a $2.59 million DoorDash fraud scheme involving fake accounts and insider access. The group manipulated internal systems to falsely mark undelivered food as complete, triggering payments. Using stolen employee credentials, they repeated the scam hundreds of times. Sentencing is set for September 16.
8. Coinbase hit by $20 million extortion scheme involving insider bribery and customer fraud
Coinbase disclosed a $20 million extortion attempt after overseas support staff were bribed to leak customer data. Refusing to pay, Coinbase offered a $20M bounty for information on the hackers. The breach impacted under 1% of users; remediation may cost $180–$400M. CEO vowed prosecution in a bold video statement.
9. Scammers are deepfaking voices of senior US government officials
The FBI has warned of a major fraud campaign using deepfakes to impersonate senior U.S. officials. Since April, scammers have used AI-generated voice and text messages to steal login credentials and financial data. The agency urges caution, advising verification through official channels, as deepfake technology becomes increasingly sophisticated and accessible.
10. Fake trading platform busted; hundreds of investors duped in massive scam
European police, in coordination with authorities from five countries, have dismantled a fake online trading platform that defrauded hundreds of victims of €3 million. The international crackdown targeted a sophisticated scam network that lured investors with false promises of high returns, leading to major financial losses across multiple nations.