KYCKART Daily Brief

ED raids 14 premises in Rs 645 crore Haryana public funds embezzlement case; IDFC First Bank and AU Small Finance Bank accounts named as channels

CBI arrests two more under Operation Chakra-VI in Rs 11.42 crore digital arrest case; WhatsApp APK-based KYC scam drains Rs 17.5 lakh from Udupi resident

Rs 6.80 crore corporate fraud in Jaipur exploits WhatsApp director impersonation and mule accounts; Rs 32 lakh Gurugram bank takeover traced to recycled mobile number

RBI issues 10 technology and cyber risk requirements for banks; CBI arrests Gujarat man in Rs 70 crore US tech-support scam

ED widens Hashpe crypto probe to Rs 146 crore with two more PMLA arrests; SPIR 2026 report finds banks earn near-zero rating on cybercrime victim support

ED raids 16 locations over McNally Bharat insolvency resolution contraventions; Uttarakhand STF seizes illegal SIM box gateway with 114 Airtel SIMs

ED raids 26 locations and seals three GMADA floors in Rs 290 crore bank fraud; Bengaluru police detail hotel-housed syndicate operating 507 mule accounts

Delhi Police bust SMS-delivered APK scam involving IDBI Bank contractual staffer; Bengaluru probe in Rs 93.58 lakh fraud uncovers 507 mule accounts across banks

Karnataka cyber police uncover 507 mule accounts and 51 malicious APKs in fake investment network; Delhi Police arrest three in mule account refund fraud

Finance Ministry issues alert to banks on AI-weaponised cyber threats; bank operations manager and IIT graduate arrested in Rs 1.12 crore digital arrest ring

HDFC Bank insider and Chinese Telegram network siphon Rs 12.84 crore from Hero FinCorp corporate account; Gujarat police arrest three in Rs 3.76 crore digital arrest ring

ED searches 17 premises of Amrit Group in Kolkata and Indore over unauthorized deposit schemes; ED plans 18-month probe ceiling and major crypto tracking expansion

CERT-In issues high-risk alert for Android banking apps; Tamil Nadu cyber police arrest suspect for AI deepfake government welfare scam

RBI proposes 60-day debit freeze on suspected money mule accounts under draft KYC directions; ED seizes assets in Rs 255 crore Bank of Baroda loan fraud

CBI busts Rs 5,600 crore Kanpur cyber fraud network and Bihar SIM Box operation linked to digital arrest fraud, exposing telecom KYC exposure at Airtel

RBI penalises Asset Care & Reconstruction Enterprise Rs 27.3 lakh for fee charging violations; SBI fast-tracks DPDP compliance ahead of May 2027 deadline

ED raids ex-UKSSSC officials in Dehradun paper leak probe, seizes cash, gold and luxury watches; digital arrest scam claims Rs 3 crore from 82-year-old Gujarat resident

FIU-IND issues PMLA notices to 15 offshore crypto exchanges, seeks app takedowns; Hyderabad cyber crime police detain 47 suspects across 7 states in Rs 17.78 crore fraud crackdown

Parliament told banks reported Rs 1.42 lakh crore in fraud over five years, recovered only Rs 6,389 crore; Rs 635 crore fake investment app network SD Pay and Apna Pay busted in Gujarat

ED conducts multi-state money laundering searches linked to Akhbar-E-Mashriq; suspects in FQL Investment Trading app scam surrender before court after cheating multiple investors

CBI arrests five more in Rs 42 crore digital arrest scam network under Operation Chakra-VI, total arrests reach eight; fraudsters deploy malicious APK to intercept bank SMS and silently drain mule accounts

RBI penalises TransUnion CIBIL, CRIF High Mark, Equifax, and two NBFCs for compliance lapses; CBI Operation Chakra-VI digital arrest syndicate busted across 89 sites in 20 states

CBI launches nationwide Operation Chakra-VI against digital arrest fraud syndicates, 89 locations raided across 20 states; Delhi Police bust Rs 83.23 crore multi-state mule account and shell firm network

Enforcement Directorate raids 8 locations in Hyderabad linked to alleged ganja peddler Neetu Bai in money-laundering probe

Enforcement Directorate raids 12 locations in Rs 112 crore Parimatch betting money-laundering case; Indore mule account tied to Rs 1.5 crore cyber fraud across 15 states, MBA graduate arrested

CBI files FIR against former WAPCOS officer over Jal Jeevan Mission procurement fraud; Odisha SI exam scam probe reaches serving IPS officer Susanta Nath under Section 17A

RBI penalises Jai Bhawani Sahakari Bank and Mumbai DCC Bank Rs 2.23 lakh for KYC and CKYCR lapses; SEBI introduces an IT Resilience Index as deepfake-enabled KYC bypass attempts rise

RBI freezes depositor withdrawals at Ashok Sahakari Bank, Ahmednagar under Section 35A; ED confirms CA-run shell network laundered Rs 27,850 crore via RBI-licensed forex entities in Goa digital arrest case

ED arrests three more, including a chartered accountant, in Rs 27,850 crore Goa digital arrest money-laundering network; Rs 417.49 crore in victim losses confirmed across 163 FIRs

ED seizes Rs 33 crore in assets across Delhi-NCR raids on Vatika Limited; Rs 160.55 crore Bilpower loan fraud exposes State Bank of India

Chennai CCB busts Rs 21 crore double-mortgage fraud involving forged bank loan-repayment receipt and insider branch manager; Bombay High Court flags fake Aadhaar-PAN use by illegal foreign nationals, orders Aadhaar Act review

ED arrests two in Rs 417.49 crore Goa digital arrest money-laundering case tied to 163 FIRs across India; RBI penalises three Karnataka cooperative banks Rs 5.50 lakh

ED arrests 2 in Rs 417.49 crore pan-India digital arrest money-laundering case; West Bengal's Operation Cyber Prahar traces Rs 92.66 crore, 107 arrested in seven days

RBI penalises five NBFCs for KYC and governance failures; Delhi Police bust inter-state digital arrest network supplying mule accounts to Cambodia and Dubai

ED attaches Rs 71.60 crore in 32nd Avenue Group Ponzi scheme; Aligarh job fraud syndicate opens 97 mule accounts using harvested KYC documents

ED raids Kozhikode premises in CMRL money-laundering probe linked to Pinarayi Vijayan's daughter; ED freezes Rs 30+ crore in Rs 10,000 crore SAGA Group Ponzi scam

Chandigarh Police arrest two West Bengal men in Rs 9.51 lakh digital arrest and Rs 23.27 lakh fake investment scams

Mumbai woman loses Rs 44,560 in Independence Day patriotic-song phishing scam

Rajasthan Police arrest 10th accused in Cambodia-based cyber-slavery network run by Chinese handlers

RBI fines Fusion Finance and Northern Arc Capital for KYC and disclosure violations; Hathras KYC-guise mule account scam implicates DCB Bank across 200+ accounts

Parliamentary panel rejects government cyber fraud response, demands penal framework for negligent banks; inter-state cyber syndicate busted with 5 arrests, Rs 3.5 crore traced

UCO Bank KYC impersonation gang busted, 27 SIM cards seized; Rs 125 crore fake PNB One APK fraud infects 31,174 phones, 5,613 victims

Centre blocks 3,718 fraudulent mobile apps under IT Act, saves Rs 11,158 crore; Delhi Police bust pan-India cyber fraud network with Qatar-Dubai links, arrest 9

RBI penalises four NBFCs and a cooperative bank for KYC and governance violations; Hyderabad Police warn of AI-driven 'Rent Boyfriend' dating scam targeting women

ED files two PMLA chargesheets against Reliance Anil Ambani Group firms over Rs 40,185 crore RCOM loan evergreening; CBI charges four Union Bank officers in Rs 12 crore Bhopal loan fraud

RBI penalises 3 NBFCs ₹12 lakh for KYC and governance violations; Chennai cyber crime crackdown nets 37 arrests in digital arrest and trading fraud sweep

ED registers four-year high of 1,080 PMLA cases with conviction rate below 1%; Bengaluru private bank defrauded of Rs 1.5 crore in fake gold loan scam involving its own appraiser

Supreme Court orders RBI to frame SOP on mule accounts within 4 weeks; Rajasthan cyber slavery syndicate trafficking Indian youth to Southeast Asia sees 3 more arrests

Supreme Court orders RBI to frame SOP on mule accounts within 4 weeks; Bengaluru police bust Rs 240 crore mule-account investment scam

RBI penalises six NBFCs including Muthoot Finance and Dhani Loans for KYC and NPA violations; ED uncovers Rs 303 crore transnational cyber fraud syndicate with crypto trail traced to Dubai

ED raids 20 locations in Rs 2.6 crore digital arrest money laundering probe; India Fraud Report 2026 identifies 27.37 lakh mule accounts as top threat

CKYC 2.0 goes live across banks and insurers; RBI fines Muthoot Finance and five NBFCs for KYC and AML violations

RBI fines Bank of Baroda Rs 63.60 lakh for KYC violations; school teacher built 91 fake MGL KYC APKs defrauding 2,993 victims of Rs 63.69 crore

Supreme Court directs Centre to criminalise digital arrest as standalone offence; UP teen arrested for 121 AI-built fake banking APKs linked to Rs 64.38 crore fraud

Delhi Police bust Rs 70 crore bank-insider mule account syndicate; BioCatch India 2026 flags 35% rise in attempted fraudulent payment value

RBI penalises six cooperative banks and five NBFCs in dual enforcement action; fraud syndicates shift to India-based mule accounts as Southeast Asia crackdowns intensify

RBI penalises six NBFCs for KYC violations; fraud networks reroute through 27.37 lakh India-based mule accounts

India to launch Central KYC 2.0 from August; Gujarat police bust Rs 802 crore mule account network across 22 states

SMS scams surge 146% in India; ED raids eight premises in Rs 450 crore bank loan fraud

India's banking sector lost Rs 36,014 crore to fraud in FY25; ED probes Rs 337 crore crypto KOL scam

Operation Mule Hunt 2.0 exposes Rs 802 crore cyber fraud network; RBI cancels 135 NBFC registrations

Rajasthan SLBC orders near-zero lag on fraud account freezes; Hyderabad police name Google India head in fake stock-app fraud

ED raids four states in Rohingya infiltration money laundering probe; Rs 22,495 crore lost to cyber fraud in 2025

ED dismantles Rs 303 crore transnational cyber fraud syndicate; bank deputy manager arrested in Rs 67.92 crore mule account case

ED busts Rs 303 crore transnational cyber fraud syndicate; Delhi Police arrest 27 in pan-India cyber fraud sweep

ED probes Rs 900 crore suspicious flows through IndusInd Bank-linked accounts; digital arrest victim held 12 days, Rs 1.47 crore stolen

CBI arrests former RCFL and RHFL CEOs in Rs 7,623 crore bank fraud; RBI bank fraud value hits Rs 36,014 crore in FY25-26

ED freezes Rs 440 crore in TMC-linked accounts; INTERPOL Operation First Light 2026 yields 5,811 arrests globally

RBI extends restrictions on two co-operative banks; Bengaluru crypto firms face Rs 2,500 crore FEMA probe

Operation Mule Hunt 2.0 exposes Rs 802 crore mule account network; RBI fines Bank of Baroda Rs 63.6 lakh for KYC violations

Gujarat police expose Rs 802 crore mule account network; Delhi Police bust bkprint.in fake KYC document marketplace

RBI annual report flags 194% surge in bank fraud value to Rs 36,014 crore; CBI arrests in Rs 657 crore Haryana multi-bank fraud

ED attaches Rs 58.34 crore in Bhushan Steel fraud; CBI conducts digital arrest crackdown across 80+ locations in 16 states

RBI penalises seven cooperative banks; ED raids Bengaluru crypto firms over Rs 2,500 crore FEMA probe

Bandhan Bank fined Rs 41.80 lakh for KYC failures; 2.47 million mule accounts flagged in I4C Suspect Registry

Punjab Police freeze 63,749 mule accounts in cyber fraud crackdown; ED probes Bengaluru crypto firms over Rs 2,500 crore FEMA violation

ED raids Bengaluru crypto firms over Rs 2,500 crore overseas transfer; deepfake video KYC bypass leads to Rs 20 crore NBFC losses

CBI Operation Chakra-VI raids 80+ locations across 16 states; RBI deploys MuleHunter.AI across 26 banks

CBI Operation Chakra-VI targets 80+ locations in mule account bust; Karnataka excise Rs 13.3 crore money laundering probe

RBI cancels 7 NBFC certificates of registration; Bandhan Bank fined Rs 41.8 lakh for KYC failures

CBI arrests bank official in Rs 1.6 crore digital arrest fraud; ED freezes Rs 503 crore in Raheja Developers probe

RBI fines Five Star Business Finance, Pahal Financial, and Can Fin Homes for KYC violations; mule account supply gang busted in Delhi

ED raids five Bengaluru crypto firms for routing Rs 2,500 crore overseas; RBI annual report flags 46.4% surge in banking fraud to Rs 48,021 crore

Operation CyHawk 5.0 busts 916-person cyber fraud network with Rs 700 crore trail; RBI Governor directs banks to enhance fraud detection

CBI arrests IAS officer Ram Kumar Singh in Rs 657 crore bank scam; Surat Operation Mule Hunt 2.0 yields 77 arrests

ED raids 11 locations in Rs 155.21 crore bank fraud; Karnataka Police bust digital arrest gang with Pakistan links

ED arrests Masoom Juneja in Rs 500 crore Korvio Coin crypto Ponzi probe; Gujarat Operation Mule Hunt 2.0 traces Rs 2,562 crore

Vedanta Group ED FEMA raids; APK-based KYC fraud and AI loan scam ecosystem target bank customers

ED raids Vedanta Group and Madan Mitra properties; Rs 2,562 crore traced to 1,326 mule accounts in Gujarat

APK malware impersonates Bank of India in fake KYC scam; CBI data reveals 85 lakh mule accounts across 700 bank branches

I4C issues deepfake Video-KYC advisory; RBI fines Canara Bank and Bandhan Bank Rs 41.8 lakh each for KYC failures

Ahmedabad woman loses Rs 7.46 lakh in fake KYC APK scam; ED PMLA raids target India-Cambodia cyber fraud syndicate

ED freezes 30 bank accounts in India-Cambodia SIM card cyber fraud probe; Canara Bank fined Rs 44.29 lakh for KYC registry failures

RBI fines Canara Bank Rs 41.80 lakh for KYC registry failures; Gujarat elderly man loses Rs 1.47 crore in 28-day digital arrest scam

RBI cancels Paytm Payments Bank licence; deepfake video injection attacks on Video KYC rise 3,000% since 2022

CBI arrests IndusInd Bank manager in digital arrest fraud; Bengaluru retired teacher loses Rs 24 crore over four months

RBI cancels 150 NBFC licences; CBI busts Rs 1.6 crore digital arrest fraud with bank official among three arrested

Gujarat launches Operation Mule Hunt 2.0; Vedanta Group ED FEMA probe into Rs 1,500 crore brand-usage payments

Gujarat Police Operation Mule Hunt 1.0: Rs 2,289 crore linked, 638 arrests; MobiKwik faces FIRs over Rs 5.93 crore locked investor funds

RBI FY26 fraud value surges 46% to Rs 48,021 crore despite 57% drop in case count; Rs 24 crore digital arrest siege traps elderly Bengaluru woman

MobiKwik and Lendbox face FIRs over Rs 5.93 crore blocked investor funds; three private bank officials arrested in Rs 2,500 crore Rajkot cyber fraud

RBI FY26 annual report flags Rs 48,021 crore in bank fraud; ED widens Kerala CMRL probe with raids at former CM's residence

ED raids ex-Kerala CM Pinarayi Vijayan's residence in Rs 182 crore CMRL money laundering probe; AI deepfake loan scams and digital arrest surge across Indian cities

ED raids former Kerala CM's residence in CMRL-Exalogic probe; interstate KYC scam gang busted across Haryana and Punjab

ED raids Chandigarh Royale City Promoters in Rs 32.67 crore real estate fraud; AI-powered lending scams deploy deepfakes and voice cloning

RBI orders five banks to compensate digital arrest fraud victim Rs 1.31 crore; digital arrest scams generate Rs 2,140 crore in losses over 18 months

ED Chennai seizes Rs 13.92 crore cash and Rs 1.12 crore jewellery from Thangam Steel under PMLA; I4C and RBIH sign MoU for AI mule account detection

ED searches Chennai steel firms under PMLA; RBI fines Union Bank, Central Bank, Bank of India, and Pine Labs Rs 2.20 crore

ED arrests three Gameskraft directors; Rs 526.49 crore frozen in Rummyculture money laundering probe

RBI HaRBInger hackathon yields tokenised KYC and AI fraud detection tools; RBI cancels Certificate of Registration of 35 NBFCs

RBI fines Bandhan Bank Rs 41.8 lakh for KYC lapses; ED arrests Biswajit Poddar alias Sona Pappu in Kolkata financial fraud

RBI draft guidelines propose Rs 25,000 victim compensation for small-value digital fraud; RBI fines SBI and Jana Bank combined Rs 2.72 crore

DoT reports Rs 52,000 crore in cyber fraud losses over five years; ED FY26 records highest-ever raids and Rs 81,422 crore in attachments

ED arrests Sravanthi Group promoter in Rs 284 crore money laundering case; Rs 2,500 crore cyber fraud network exposed with three private bank officials arrested

RBI cancels Certificate of Registration of 150 NBFCs; I4C and RBIH sign MoU to deploy MuleHunter.ai for mule account detection

ED raids Pay10 Services across four cities under PMLA; two ex-IDFC First Bank employees arrested in Rs 645 crore embezzlement probe

ED arrests two ex-IDFC First Bank employees in Rs 645 crore embezzlement probe; I4C orders removal of six predatory loan apps from Google Play

ED uncovers Rs 284 crore in laundered funds in Sravanthi Group probe; insider KYC fraud exposes suspicious transactions at Fino Bank

ED secures 7-day remand against Punjab minister in Rs 157 crore GST laundering case; Cambodia-linked crypto scam siphons Rs 45 crore from Indian victims

ED arrests Punjab minister Sanjeev Arora in Rs 100 crore GST money laundering case; Delhi cyber police bust Rs 8 crore fake work-from-home syndicate

Fraudsters exploit Aadhaar update kits at CSCs to alter biometric data; 14 arrested in Rs 8 crore transnational cyber fraud syndicate

Retired Mumbai banker defrauded of Rs 40 lakh in 54-day digital arrest siege; Aadhaar update kits at CSCs exploited to alter biometric records

Operation Octopus 2.0 implicates 32 bank officials across 9 states; Gujarat CID busts Rs 53 crore mule account network

Operation Octopus 2.0 arrests 56 including 32 bank insiders; former Fino Bank employee's Rs 40 crore KYC fraud racket exposed

Seven bank officials arrested in Cyberabad mule account operation; Rs 14.85 crore digital arrest fraud traps Delhi couple

Kochi police arrest two in Rs 24.76 crore fake stock trading scam; Paytm Payments Bank licence revoked

ED records all-time high Rs 81,422 crore in asset attachments in FY26; PNB Rs 2,434 crore fraud surfaces

ED marks 70th anniversary and pivots to crypto enforcement; digital arrest incidents rose from 4.52 lakh to 23 lakh since 2021