Hyderabad police bust Rs 150 crore cyber fraud, 32 bank officers held The Hyderabad City Police executed a major operation, arresting 52 individuals across nine states in a pan-India cyber fraud case involving 32 banking officers, 15 mule account holders, and five middlemen. The crackdown, part of Operation Octopus 2, targeted a network that siphoned over Rs 150 crore from victims through 350 bank accounts linked to 850 cybercrime cases. Raids were conducted in Telangana, Maharashtra, Delhi, Rajasthan, West Bengal, Karnataka, Gujarat, Bihar, and Andhra Pradesh, with 16 special teams led by inspectors coordinating the arrests. The arrested bank employees, primarily from private institutions, included managers, relationship managers, KYC approvers, and clerks. Detailed records listed the banks involved: HDFC (one employee), Equitas Small Finance Bank (one), Karnataka Bank (two), Karur Vysya Bank (two), AU Small Finance Bank (two), Federal Bank (four), IDFC First Bank (four), Bandhan Bank (five), Bank of Baroda (five), and IndusInd Bank (six). Police alleged these individuals facilitated the creation of mule accounts, enabling the fraudulent transfers. During the operation, authorities seized 26 mobile phones, 21 shell company stamps, 14 cheque books, two pen drives, and one laptop. Police Commissioner VC Sajjanar emphasized strict action against cybercrime, stating, “Every guilty individual will face strict action. No one will be spared, regardless of position or influence.” He highlighted systemic failures in private banks, noting that lax KYC verification processes allowed cybercriminals to exploit vulnerabilities. Sajjanar also referenced the success of Operation Octopus 1, which led to the arrest of 117 people across 16 states.#hyderabad_police #hdfc #operation_octopus_2 #equitas_small_finance_bank #karnataka_bank
Samsung Galaxy S25 Price Drop: Big Discounts After S26 Launch The Samsung Galaxy S25 has seen a significant price reduction following the launch of its newer sibling, the S26. Retailers like Amazon and Flipkart are now offering the device at a lower price point, making it an attractive option for budget-conscious buyers. Originally priced at ₹80,999 upon its release, the S25 is now available for around ₹74,999 after a direct discount of approximately ₹6,000. This price drop has been further enhanced by additional offers from select banks, including HDFC and ICICI, which provide discounts ranging from ₹2,000 to ₹5,000 for customers using their cards. For those looking to upgrade their devices, Amazon offers an exchange benefit that can reduce the cost further. Depending on the condition of the old phone, users can get up to ₹32,000 off the purchase price. This combination of discounts and exchange incentives makes the S25 a compelling deal, especially for those who already own a compatible smartphone. Despite the lower price, the S25 retains several advanced features that position it as a future-proof device. It includes AI-powered functionalities such as Circle to Search, which allows users to search for information by drawing on the screen, and Live Translation, which supports real-time language conversion. These features enhance the user experience and make the phone suitable for both everyday use and more demanding tasks. Samsung has also emphasized the long-term support for the S25, offering seven years of software updates and seven years of security patches. This commitment to ongoing support ensures that the device remains secure and up-to-date with the latest technological advancements, even as newer models are released.#flipkart #samsung #amazon #hdfc #icici
