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Time of India
30 minutes ago
- Time of India
Sr executive loses 1.7 cr in 2 bank ‘transactions'
Kolkata: A 51-year-old resident of a condo in south Kolkata, working as a senior executive, fell victim to a bank fraud, losing Rs 1.7 crore through unauthorized transactions, police reported on Saturday. The incident prompted the city's detective department to issue new cyber security guidelines. The victim, a resident of the Survey Park area, received two SMS alerts on July 3, indicating debits of Rs 86 lakh and Rs 88 lakh from his bank account, allegedly transferred to a private firm account. The SMS updates arrived much after the transactions got completed, said investigators Upon verification with the firm, it was confirmed that the company did not receive any such payment. Cops believe he might have fallen victim to a SIM swap fraud unless there are other ways the victim gave away his personal information. You Can Also Check: Kolkata AQI | Weather in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata The fraud comes amid a surge in such cases across Kolkata and its suburbs, with total losses exceeding Rs 3 crore in recent months. In response, the bank fraud section of the detective department has released detailed security protocols for mobile banking users. "Forwarding messages to dedicated server numbers and sudden loss of tower connection in well-connected areas are major red flags," said a senior officer. "Any encrypted message forwarded to customer numbers could potentially compromise both data and finances." The police have outlined three critical warning signs: being locked out of online accounts, unexpected loss of phone service, and receiving unauthorized service notifications. They advise immediate bank notification and transaction blocking if phone disruption persists beyond 30 minutes. Law enforcement officials are now incorporating lessons on encrypted messages in their cyber awareness programmes. They recommend enabling multiple security features, including fingerprint scanners and facial recognition, along with SIM card PIN protection. "Fraudsters exploit personal information to convince service providers of their legitimacy," said a deputy commissioner. "We strongly advise against sharing sensitive details like full names, addresses, and birth dates on public platforms," he emphasized The police have launched an investigation into this fresh case, while urging citizens to remain vigilant and report suspicious banking activities immediately. The incident has highlighted the growing sophistication of cyber frauds targeting mobile banking users in metropolitan areas.
Time of India
an hour ago
- Time of India
'AICC tried to revive AJL': Rahul Gandhi's counsel in Herald case
Rahul Gandhi (File photo) NEW DELHI: All India Congress Committee (AICC) was not trying to sell assets of Associated Journals Limited (AJL), the company which published National Herald newspaper, but rather trying to save the institution that was a part of the freedom movement, senior advocate R S Cheema, representing Rahul Gandhi , told a Delhi court Saturday. Cheema made his submissions before the court of special judge Vishal Gogne, which is hearing arguments on the point of cognisance of the chargesheet filed against Sonia Gandhi , Rahul and others in National Herald money laundering case. "In post-Independence period, it (AJL) was never a commercial institution. We (AICC) were trying to retrieve an institution which is part of the freedom movement heritage. The problem was not recovering the loan (given to AJL) but to revive it, to see that it comes back on the rails. AICC was not looking for profit from sales. This is a squinted version," Cheema said. According to ED, Sonia and Rahul, along with others and a private company, Young Indian Pvt Ltd, conspired to launder money by fraudulently usurping AJL's properties valued at over Rs 2,000 crore in exchange for a loan of Rs 90 crore. Cheema said ED's allegations were "crude lies". The senior advocate said ED made unwarranted inferences against Rahul by wrongly assuming that he was the person in-charge of AICC's affairs as its general secretary in 2010. According to the party constitution, AICC has several general secretaries at a point in time, and no one of them could be in-charge of its affairs, Cheema pointed out. The counsel further stated Sonia, then Congress president, was wrongly inferred as person in-charge of AICC when the loan was assigned to AJL. The arguments will continue against other accused, including Suman Dubey, Sam Pitroda, Sunil Bhandari, Young Indian and Dotex Merchandise Pvt Ltd, on Monday.
Time of India
an hour ago
- Time of India
Davanagere youth ends life after losing Rs 18 lakh in betting
Davanagere: A 25-year-old printing press worker, Shashikumar Ritti from Saraswathi Nagar in Davanagere, took his own life on July 3 after suffering losses of Rs 18 lakh through an online gambling application. Tired of too many ads? go ad free now SP Uma Prashant confirmed this as the district's first such incident. His initial Rs 500 wager escalated to Rs 5,000, culminating in a deceptive display of Rs 19 crore winnings. KTJ Nagar police reported he died by hanging after failing to withdraw the funds. He previously filed a complaint at CEN police station in Davanagere on May 14, 2025. After authorities failed to trace the suspects, he made several visits to check progress and expressed his disappointment through social media, seeking attention from senior officials. The family, including his parents and brother, are facing significant hardship following his death, as Shashikumar was the primary breadwinner who supported their daily needs. His parents feel bereft following his passing. Before his death, Shashikumar wrote to MP Prabha Mallikarjun and the judiciary members. His letter detailed widespread fraud through online betting applications, mentioning numerous victims and insufficient action against offenders. In his final note, Shashikumar Ritti called for banning betting applications to prevent future tragedies. He addressed his concerns about deceptive betting practices to the district collector, the judiciary, and MP Prabha Mallikarjun. His last selfie videos have appeared on social media. The victim, who worked at a printing press, began using betting applications last year through a mobile link. Early wins encouraged further participation. Tired of too many ads? go ad free now Despite the application showing large winnings, he could not withdraw the money. Regular pressure from private lenders contributed to his decision to end his life. SP Uma Prashant confirmed recovering the death note from Shashikumar, noting it did not identify the fraudulent application. Police have seized his mobile phone for investigation and continue raising public awareness about online gambling risks. This represents the district's first documented case. "We urge youth to avoid quick-money schemes and focus on legitimate work, cautioning against trusting applications promising large returns," the SP advised.
