CRED fraud

Major Cybercrime Uncovered: Four Arrested For Siphoning ₹12.5 Crore From CRED

In a major cybercrime case, Bengaluru police have arrested four individuals from Gujarat for allegedly embezzling ₹12.5 crore from the credit card payments platform CRED. The suspects are accused of stealing sensitive data and forging Corporate Internet Banking (CIB) documents to execute the fraud. The mastermind behind the scheme is...