The Rs 500-crore HiBox investment app scam reveals many loopholes
The investment app fraud is a classic ‘pig butchering’ scam, where victims are ‘fattened’ by encouraging small investments with steady payouts. Sadly, this one could be just one of many.
8 October, 2024•7 min
0
8 October, 2024•7 min
0
Getting your Trinity Audio player ready...
More in Tech
Tech
Why India’s digital gold boom is giving SEBI the jitters
The gaps in oversight and consumer protection accompanying the surge in digital gold have finally got the market regulator’s attention.
You may also like
Internet
How WHOOP became the Gulf’s must-have wellness accessory
The screenless fitness band has turned into a Gulf-wide phenomenon—powered by regional capital, health culture and a tech-savvy consumer base.
Business
The Rs 590-crore blame game at IDFC First Bank
Divergent narratives from the Haryana government and the lender raise deeper questions on oversight, authorizations and systemic lapses—answers that may emerge only after a forensic audit.
Business
Ten business developments for 2026
Who’s going to lead the IPO party, what’s going to drive the market, where are some of the leading businesses headed, and more.
