The Top Ten cyber crime news summaries on The420 are meticulously curated by Future Crime Researchers from the Future Crime Research Foundation (FCRF) and powered by Algoritha Security Pvt. Ltd. These summaries feature the most critical cyber crime developments from around the world. Keep reading—and stay safe.
1. Professor Duped of ₹1.82 Crore by International ‘Digital Arrest’ Scam Network
Navi Mumbai police arrested three cybercriminals for duping a doctor of ₹1.82 crore through a fake ‘digital arrest’ scam. The accused posed as law enforcement officials and convinced the victim she was involved in a tax evasion case, coercing her into transferring the money under the threat of legal action.
2. Lawyer Arrested for Aiding Cyber Fraudsters in Routing Stolen Funds
Delhi-based lawyer was arrested in Greater Noida for allowing his bank account to be used in a ‘digital arrest’ scam. The fraud, conducted via WhatsApp video calls by imposters posing as police, led to ₹18 lakh being routed through his account. He received ₹50,000 as commission.
3. Elderly Man Loses ₹81,000 in Voice Phishing Scam
A 72-year-old retired man in Lucknow lost ₹81,747 in a voice phishing scam after a fraudster mimicked a friend’s voice, claiming a medical emergency. Believing it was genuine, he transferred money via UPI. The deception was revealed later, prompting him to file a cybercrime complaint and alert authorities.
4. Cybercriminal Fools Skincare Firm with Fake ₹12 Crore Ad Campaign
Hyderabad-based skincare brand Old School Rituals (OSR) suffered a ₹12.7 crore cyber fraud after hackers ran unauthorized Google Ads over 48 hours. Over 2.1 million ad clicks were recorded without conversions. A complaint was filed with TGCSB, and Google has been approached for technical assistance to trace the breach.
5. Two Held in ₹3.6 Crore Online Trading Fraud in Mumbai
Cyber Police arrested two men for duping an accountant of ₹3.63 crore in an online trading scam. The accused lured the victim via a fake WhatsApp group and laundered funds through bogus firms and multiple bank accounts. Investigations continue to trace others involved, including the director of a shell company.
INTERNATIONAL
6. US Sanctions Southeast Asian Firm for Aiding Global Scam Operations
The U.S. sanctioned Philippines-based Funnull Technology for aiding global crypto scams, linked to over $200 million in losses. Funnull allegedly provided web infrastructure for “pig butchering” frauds by renting U.S.-based IPs to cybercriminals. A Chinese national, Liu Lizhi, named as an administrator, was also sanctioned for coordinating domain assignments.
7. Cybercriminals Target AI Users with Malware-Loaded Installers Posing as Popular Tools
Cybercriminals are exploiting fake installers of popular AI tools like ChatGPT and InVideo AI to spread ransomware (CyberLock, Lucky\_Gh0\$t) and malware (Numero, STARKVEIL). These threats encrypt data, destroy systems, and steal information. Tactics include SEO poisoning, fake websites, and malvertising, targeting unsuspecting users across business, marketing, and AI sectors globally.
8. Cybercrime in Uzbekistan Soars 68-Fold, Nearly 2 Trillion UZS Lost in Five Years
Uzbekistan has witnessed a 68-fold increase in cybercrime over five years, with nearly 2 trillion UZS stolen, according to the Ministry of Internal Affairs. Alarmingly, 98% of these cybercrimes involve bank cards, highlighting a surge in financial fraud and the urgent need for stronger cybersecurity measures and digital literacy.
9. US Treasury Sanctions Crypto Scam Operator Behind $200M Fraud
The U.S. Treasury has sanctioned Philippines-based Funnull for facilitating crypto scams that defrauded Americans of \$200 million. According to the FBI, Funnull operated a vast cybercrime infrastructure with over 332,000 domains, enabling large-scale fraud through fake investment platforms and aiding cybercriminals via hosting and IP services.
10. 10 Foreign Nationals Arrested in Cybercrime Crackdown in Weija
Ten foreign nationals, reportedly Chinese and Malaysian, were arrested in a cybercrime raid in Weija during a joint operation by Ghana Police’s Cybercrime Unit and the Ghana Revenue Authority. The intelligence-led crackdown targeted suspects involved in online fraud and financial crimes, marking a major step in Ghana’s cybercrime enforcement.
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