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. Bengaluru Tech Professional Duped of ₹2.32 Lakh After Clicking Fake Traffic Challan Link
A Bengaluru-based tech professional lost ₹2.32 lakh after clicking a fraudulent traffic challan link sent via SMS. The link redirected the victim to a fake payment page, leading to unauthorised transactions. Police have registered a cybercrime case and warned citizens against clicking suspicious links.
2. Elderly Man Loses ₹2.2 Crore in Online Auto-Trading Cyber Fraud
An elderly man was duped of ₹2.2 crore after being lured into an online auto-trading scheme promising high returns. Fraudsters convinced him to invest repeatedly through a fake trading platform. Police said the money was siphoned off through multiple accounts and investigations are ongoing.
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3. Hyderabad Man Duped of Over ₹4 Lakh Through Fake Doctor Appointment App
A Hyderabad resident lost more than ₹4 lakh after downloading a fake doctor appointment application embedded with APK malware. The malicious app enabled cybercriminals to access his banking details and siphon funds. Cybercrime police have urged users to download apps only from official platforms.
4. Secunderabad Man Loses ₹55 Lakh in Online Betting Fraud; One Arrested
A man from Secunderabad lost ₹55 lakh after being drawn into an online betting racket operating through illegal platforms. Police arrested one accused involved in facilitating transactions and recruiting victims. Further investigations are underway to trace the remaining accused and recover the defrauded money.
5. Aundh Doctor Duped of ₹2.09 Lakh by Cybercriminals Posing as Bank Officials
An Aundh-based doctor was duped of ₹2.09 lakh after receiving calls from fraudsters impersonating bank officials. The accused claimed suspicious activity on his account and tricked him into sharing sensitive details. A cybercrime case has been registered and officials have issued fresh advisories.
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6. Outtake Secures $40 Million in Series B Funding to Tackle Cyber Fraud Using AI
Outtake has raised $40 million in a Series B funding round to scale its AI-driven cyber fraud detection platform. The company said the investment will be used to expand product capabilities, strengthen global operations, and help enterprises detect and prevent increasingly sophisticated digital fraud threats.
7. Ecobank Rwanda Cyber Fraud Convict Challenges Seven-Year Sentence in Appeal Over $620,000 Case
A man convicted in a $620,000 cyber fraud case involving Ecobank Rwanda has appealed against his seven-year prison sentence. Court records show the accused was found guilty of electronic fraud and financial crimes, with the appellate court expected to hear arguments in the coming weeks.
8. Police Bust ₦7.7 Billion Telecom Cyber Fraud Network, Arrest Six Suspects
Police have uncovered a large telecom-linked cyber fraud operation involving illicit transactions worth ₦7.7 billion and arrested six suspects. Investigators said the network exploited telecom infrastructure and digital channels to defraud victims. Authorities are continuing raids to identify additional suspects and trace the proceeds of crime.
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9. Cybercrime Ring Dismantled in Tashkent After Seizure of Over 200 Million Soums
Law enforcement agencies in Tashkent have dismantled a cybercrime ring and seized more than 200 million soums during coordinated operations. Officials said the group was engaged in online fraud and illegal digital activities. The suspects’ operations have been halted, and criminal proceedings have been initiated under cybercrime statutes.
10. US Charges 87 in Large-Scale ATM Jackpotting Scheme Linked to Tren de Aragua Gang
US federal authorities have charged 87 individuals in a major ATM jackpotting case linked to the Tren de Aragua criminal network. Prosecutors allege the group used malware to force ATMs to dispense cash illegally, causing significant financial losses across multiple states.
