Tag Archives: bank fraud

Corrupt Bank Officials Divert Crores of New Currency, Weaken Demonetisation

Ironic but the Indian government’s motive to replace black money with white has reached its peak with series of IT raids revealing the nexus between corrupt bank officials who have diverted new currency to their favourite customers to replace their black money. On the paper, on TV, on social media, Prime Minister Narendra Modi has been defending the most-appreciated move ...

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IBM Uncovers Stunning Bank Transfer Malware ‘Dyre Wolf’ Taking out Money from Accounts

IBM has found a rather sophisticated fraud scheme that uses a combination of phishing, malware and even phone calls to transfer money from gullible Internet Banking users, siphoning off about $1 million so far from large and medium-sized American companies companies. IBM security researchers found the scheme the named “The Dyre Wolf,” is too small to detect by huge companies ...

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Missing MH370: Lady Banker Held for Mysterious Bank Transfers, Conspiracy Ruled Out

In a stray incident of a smart alec robbing the dead passengers, a Malaysian bank manager and her husband were found to have siphoned off $36,000 from four passengers of the MH370 Malaysian flight that went missing on March 8, 2014, with 239 people on board, shortly after leaving Kuala Lumpur for Beijing. A Malaysian bank manager who realized money ...

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