Latest news with #Rs23.91
Time of India
19-05-2025
- Time of India
Coimbatore folk lose Rs24 crore to cyber fraudsters till May 15
Coimbatore: Awareness campaigns by police to sensitize the public about cybercrimes do not seem to have yielded desirable results, with an increasing number of city residents falling prey to cyber fraudsters every other day. As per the data available with the city cybercrime police, city folk have lost Rs23.91 crore to online scamsters from January 2025 to May 15. A Saravana Sundar, city police commissioner, said the people who wanted to invest their money in online trading were being lured by cyber fraudsters, who send them links through Telegram, Instagram, Facebook or WhatsApp, asking them to download fake online trading apps. "People should not trust such apps and strangers who approach them with promises of huge profits in online trading." He said the people should not invest in any third-party online trading mobile applications. "Educated people are falling into the traps laid by online fraudsters. They should be very cautious." Another police officer said P Ramesh, 46, a dentist from Coimbatore, had lost Rs52 lakh to cyber fraudsters very recently. "He was looking for online share market details on a website and clicked a link. A stranger contacted him over phone and asked him to download a mobile application. The dentist downloaded the app and invested Rs52 lakh from March 17 to April 14. The digital wallet of the mobile application displayed Rs2 crore in his account. The dentist attempted to withdraw the amount, but in vain. He realized that he was cheated and lodged a complaint with us." P Arun, inspector, city cybercrime police station, said the cyber fraudsters were involved in FedEx scam last year. "They threatened people by posing as police officers and cheated crores of rupees from the city residents. The FedEx scam was drastically reduced following repeated awareness campaigns by the govt and police department. Now, the fake online trading app scam is trending in the city. City folk have lost Rs23.91 crore to cyber fraudsters from January to May 15 this year. Of this, around 80% of the amount was lost in the fake online trading app scam." The city police commissioner said they had been creating awareness among the people from all walks of life to prevent them from becoming victims of cybercrime cases.
Express Tribune
17-05-2025
- Business
- Express Tribune
Over 6,700 women launch businesses
Loans worth Rs23.91 billion have been given to start 57,913 new businesses in Punjab during the past three months. Chairing a meeting for a briefing on Easy Business Finance and Card schemes, Chief Minister Maryam Nawaz Sharif said 6,753 women had obtained loans worth Rs3.42 billion to run their own businesses. She directed the authorities concerned to complete the processing of pending applications for the loans as early as possible. She directed the authorities to make arrangements to activate the Easy Business Card through WhatsApp as well. The chief minister also sought a plan for export and manufacturing sector loans. She said, "The Easy Business Finance and Easy Business Card programmes should not be stopped under any circumstances." Punjab Small Industries Corporation (PSIC) Managing Director Sara Umar informed the CM that 3,010 citizens had obtained loans worth Rs18 billion under Chief Minister Easy Business Finance Scheme and 104,000 had acquired loans worth Rs43 billion under the Chief Minister Easy Business Card Scheme. The MD added, "Out of 74,579 applications for Chief Minister Easy Business Finance, 2,505 have been approved and loans have been received by the applicants; whereas out of 12,029 applications for Chief Minister Easy Business Finance Tier II, 505 have been approved and loans released. Out of over 1.38 million applications for Chief Minister Easy Business Card Scheme, 104,133 have been approved." The chief minister was informed that 1,312 applicants had got loans worth Rs3.91 billion for the transportation business, whereas 175 people had received Rs3.94 billion for distribution businesses. "There is a trend of getting loans for professional services, agriculture, dairy, food, beautification, auto, fertiliser, pesticide and other businesses. The largest number of people are providing services through the Aasan Karobar Card under which 61,996 applicants took loans worth Rs26.13 billion and 24,522 people received loans worth Rs10.75 billion for trading and 10,699 people received Rs3.69 billion for small agri-businesses," the CM was informed.
