EV's bogus website: Crores of fraud in the name of booking-down payments
- Google Ad and Social Media Pages Reveal Fraud by Taking Consumers to Bogus Electric Vehicle's Website Technology is being misused for cyber fraud, hacking more than it is being used for good purposes. The Government of India is promoting battery-powered electric vehicles to reduce the huge import bill and pollution of crude oil. In which ile. Consumers are being offered many benefits including government subsidy on vehicle purchase. Even then, the stakeholders are leaving no stone unturned to take advantage of the innocence of Indian consumers. Hackers are cheating Indian consumers by creating a bogus website for an electric vehicle company. A research has revealed that a phishing campaign is being run through Google Ad on a wide-ranging search agency targeting electric vehicle sellers and consumers in India. It is estimated that about four to eight crore rupees were embezzled from Indians in this fraud. In other words, a lot of money has been cheated. A security firm, CloudS...