Cyber Crime
Top 10 Daily Cybercrime Brief by FCRF [24.01.2025]: Click here to Know More
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. ED: Delhi Cyber Fraudsters Laundered Rs 4,900 Crore Abroad
The Enforcement Directorate revealed that two Delhi-based cybercriminals, laundered over Rs 4,900 crore abroad using SEZ facilities. Arrested last year, their assets, including Delhi flats and Rewari farmland, were attached. The case stems from multiple FIRs linked to online fraud, gaming scams, and fake loan apps.
2. Puducherry Cybercrime Unit Busts Loan App Extortion Network
Puducherry Cyber Crime police uncovered a nationwide loan app fraud, extorting crores from victims. Kerala man was arrested with Rs 10.65 crore in accounts, linked to Rs 300 crore in fraudulent transactions converted to cryptocurrency and sent abroad. ED froze Rs 331 crore assets of prime accused. Public warned against unverified loan apps.
3. Retired Bank Manager Duped of Rs 2.2 Crore in Fraud
Cyber scammers duped a retired bank manager in Pune of Rs 2.22 crore by luring her into buying multiple insurance policies with false promises of high maturity returns. They later extorted additional funds, citing GST, TDS, transaction fees, and other charges. Authorities are investigating the elaborate fraud scheme.
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4. Man Falls Victim to Rs 28 Lakh Cyber Scam
A private employee lost Rs 28 lakh to a cyber fraud involving fake investments in Boeing shares. Lured by promises of 200% returns, the victim initially invested Rs 4 lakh, followed by Rs 20 lakh, and paid additional “taxes” under pressure. Rachakonda Cybercrime is investigating the scam involving impersonators.
5. Cyber Cell Blocks 157 Websites, Including 61 Linked to Gambling
The Goa Cyber Crime Cell blocked 157 websites, including 61 gambling platforms, in two months to curb scams and offensive content. Cyber Crime SP Rahul Gupta stated the action was taken under the IT Act and BNSS provisions to combat fraud and protect individuals. Investigations into these sites are ongoing.
INTERNATIONAL
6. Commonwealth Fellows Outline Cybercrime Combat Plan for the Caribbean
Fifteen Commonwealth Caribbean Cyber Fellows, including officials from seven nations, gathered in Port of Spain to develop a roadmap for combating cybercrime. The plan emphasizes regional cooperation, knowledge sharing, and enhanced cybersecurity policies. Leaders praised it as a step toward safer digital futures and swifter responses to growing cyber threats.
7. Thai Cyber Police Crack Down on ‘Money Mules’ Linked to Gambling Site
Thai Cyber Crime Bureau raided PG Slot 99’s operations, a gambling site with a 500M baht turnover. Two suspects in Bangkok were arrested for money laundering, handling 1-2M baht daily. Evidence included cash, gold, and financial records. Investigations continue to trace others involved in the network.
8. GhostGPT: The Malicious AI Chatbot Driving Cybercrime and Scams
GhostGPT, a malicious AI chatbot uncovered by Abnormal Security, empowers cybercriminals with tools for phishing, malware creation, and exploit development. Accessible via Telegram, it removes ethical safeguards, enabling easy, anonymous misuse. Its rise highlights AI’s potential for abuse and the urgent need for innovative cybersecurity measures to combat emerging threats.
9. Harassment Sections Excluded in New Cyber Law Draft
Bangladesh’s interim government has drafted a Cyber Security Ordinance, removing nine controversial sections from the previous law, including provisions for cyberbullying and religious sentiments. Experts view it as a step toward citizen-friendly legislation, potentially dismissing 90-95% of related cases, while emphasizing cyber protection and safeguarding freedom of expression.
10. Memcyco Launches AI-Powered Solution to Tackle Fraud and Impersonation in Real Time
Memcyco has unveiled its next-gen digital impersonation protection solution, using AI-based “nano defenders” and device DNA to detect and disrupt phishing attacks in real time. It safeguards companies and customers by scrambling sensitive data, providing attack insights, and enabling swift takedowns. This innovative approach enhances cybersecurity and brand trust.