cyber fraud

The RBI said the proposed framework follows the Supreme Court's 4th August 2026 order directing it to prescribe and circulate a standard operating procedure (SOP) for temporary debit holds involving amounts or accounts linked to money-mule activity and cyber-enabled fraud.

At least 25 youths from Maharashtra are trapped in Myanmar cyber scam compounds after being lured by fake job offers.

WhatsApp stated, "When you get a message from someone new, we'll let you know the country origin and a warning for first time outreach."

A senior accounts executive at INOX Group was tricked into transferring over ₹10.40 crore after receiving fake WhatsApp messages impersonating Executive Director Siddharth Jain.

During the police investigation, it emerged that the stock trading app in question was fake and designed by scammers to mimic a legitimate trading platform. What tricked investors who downloaded the app was its realistic dashboard, automated returns, profit graphs, etc.

They were rescued in January during a large international operation and brought back to India.