Company · Feed

KYCKART Daily Brief

A curated daily digest of fraud incidents, regulatory actions, and emerging threat patterns across India's BFSI sector. Published each weekday by the KYCKART Intelligence team.

updateUpdated daily

verifiedSource-linked

library_books114 editions published

September 2026

This month

12 published

1Tue

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

article2arrow_forward

2Wed

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

article4arrow_forward

3Thu

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

article1arrow_forward

4Fri

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

article4arrow_forward

5Sat

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

article3arrow_forward

6Sun

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

article3arrow_forward

7Mon

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

article3arrow_forward

8Tue

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

article6arrow_forward

9Wed

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

article3arrow_forward

10Thu

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

article3arrow_forward

11Fri

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

article2arrow_forward

12Sat

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

article4arrow_forward

13SunWeekend

14Monschedule

15Tueschedule

16Wedschedule

17Thuschedule

18Frischedule

19Satschedule

20Sunschedule

21Monschedule

22Tueschedule

23Wedschedule

24Thuschedule

25Frischedule

26Satschedule

27Sunschedule

28Monschedule

29Tueschedule

30Wedschedule

Archive

Past months

102 editions

31 AugMon

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

article4arrow_forward

29 AugSat

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

article5arrow_forward

28 AugFri

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

article3arrow_forward

27 AugThu

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

article3arrow_forward

26 AugWed

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

article6arrow_forward

25 AugTue

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

article3arrow_forward

24 AugMon

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

article3arrow_forward

21 AugFri

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

article6arrow_forward

19 AugWed

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

article7arrow_forward

18 AugTue

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

article6arrow_forward

17 AugMon

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

article1arrow_forward

16 AugSun

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

article1arrow_forward

15 AugSat

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

article2arrow_forward

14 AugFri

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

article8arrow_forward

13 AugThu

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

article3arrow_forward

12 AugWed

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

article3arrow_forward

11 AugTue

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

article8arrow_forward

10 AugMon

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

article4arrow_forward

9 AugSun

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

article3arrow_forward

8 AugSat

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

article5arrow_forward

6 AugThu

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

article9arrow_forward

5 AugWed

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

article5arrow_forward

4 AugTue

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

article9arrow_forward

3 AugMon

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

article10arrow_forward

2 AugSun

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

article8arrow_forward

1 AugSat

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

article7arrow_forward