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Credit card fraud: Kotak Mahindra Bank duped of Rs 2.84 crore

Credit card fraud: Kotak Mahindra Bank duped of Rs 2.84 crore

Conmen have duped private sector Kotak Mahindra Bank (KMB) of Rs 2.84 crore using credit cards that the bank had never issued, a daily newspaper report has said.

Know: How to prevent credit card fraud

Know: How to prevent credit card fraud

Researchers have developed a novel technique called 'SafePay' which is a secure method to prevent mass credit card fraud using existing magnetic card readers.

Juhi Chawla's husband's credit card accessed, probe on

Actress Juhi Chawla's husband Jay Mehta has registered a complaint with the Malabar Hill police station saying someone illegally accessed his credit card information to make transactions worth Rs 3.41 lakh in Australia and Helsinki.

Obama unveils new measures to stem identity theft

US President Barack Obama Friday ordered "pin and chip" security measures for government payment systems, aiming to stem the proliferation of credit card fraud and identity theft.

Indian pleads guilty in $200 mn credit card fraud scheme

An Indian Businessman Vijay Verma, involved in USD 200 million credit card fraud schemes, has pleaded guilty to his role in the conspiracy and now faces a penalty of 15 years in prison.

Credit card with keypad to eradicate fraud

A next generation credit card developer is reportedly planning to launch a high-tech version with a keypad to contain credit-card frauds.

Youth held for fraudulent online transactions

Police has arrested a youth for duping gullible credit card holders of over Rs 1,70,000 after obtaining their bank details and altering their phone numbers and email addresses in bank records.

$200 million worldwide credit card hacking ring busted

Eleven people have been arrested in the United States, the UK and Vietnam for running a 200 million dollars worldwide credit card fraud ring.

Now, punch in PIN for every debit, credit card transaction

This move has been initiated by the Reserve Bank of India (RBI) in order to check the menace of credit card fraud.

Indians among 18 charged in global $200 mn credit card scam

At least five Indian-origin men are among 18 others charged here for running a whopping USD 200 million global credit card fraud under which they used thousands of fake identities to dupe businesses and financial firms and wired millions of dollars to Pakistan and India.

13 Indians among 111 charged in biggest US credit card fraud

At least 13 persons of Indian origin are among 111 people charged in the busting of a USD 13 million global crime ring, the biggest in US history involved in forged credit cards and identity theft.