I feel exhausted in trying to get visibility into my car allocation. It appears that the dealer is trying to extort insurance/financing from me - else no car. 5 days I escalated the matter to “customer relationship manager”; no response. @MGMotorIn @ParthJindal11 #MGWindsorPro

@Uppolice @WBPolice @CMOfficeUP @AmitShah Cybercriminals exploit these gaps; it's time we close them. Especially for senior citizens who are more susceptible to sophisticated scams. It’s Day 3. A’s yet to see any action towards recovering the money @pnbindia @Uppolice @AmitShah @WBPolice @dgpup @DGPWestBengal @RBI

@Uppolice @WBPolice This isn't just about one incident. It's about systemic failures in data protection, verification processes, & inter-agency coordination. We need accountability & swift action. Urge @CMOfficeUP, @Uppolice, @WBPolice, and @AmitShah to intervene & expedite the investigation process

@Uppolice @WBPolice Despite having the fraudster's phone number, bank account details, and knowledge of the fraudulent purchases, authorities are entangled in jurisdictional disputes.

@Uppolice @WBPolice Meanwhile, the fraudster used the stolen money to purchase gold coins from outlets like Kalyan Jewellers and MP Jewellers in Gariahat/Ballygunj, Kolkata. It's unclear if these establishments conducted proper KYC checks during these transactions.

Complaints were promptly filed: •At the local police station @Uppolice •At the police station in the fraudster's area @WBPolice •On the national cybercrime portal Yet, there's confusion over which authority is leading the investigation.

Convinces A during the call to click on a link, claiming it was necessary to complete the application. Seems this was a step towards screen sharing, post which the fraudster got access to email, OTPs. Soon a barrage of debit messages followed, draining Rs 10 lakh from A’s account

The fraudster had some details of A already like account number, bank name. This was not submitted by A. So the fraudster seemed legit at the time given that KYC, account info will presumably be only with the bank.

The ad appeared official, promising attractive benefits. Trusting its appearance, the victim (Let’s call the person, A) clicked on it. Ad asked for phone info, which A presumably shared. Sooner after, A gets a video call on WhatsApp.

Another day, another cyber fraud with a senior citizen. This one hit close to home. Sharing details to spread awareness. Second hand account of events; so I might be missing some specifics. It all began with a Facebook ad for a PNB credit card.

Finally, if the rumor pertains to a promoter transaction, then the company will have to check with the promoter and make disclosures. No response required if rumor relates to third party/public shareholder. [End]

If it comes at advanced stages of M&A, then company has to confirm/deny only that which has been reported. (6/n)

Standards also spell out responses for different stages of a deal. If the rumor comes at the initials stage - signing non-disclosure agreement, term sheet, DD or appointment of legal/banking advisors, etc- companies can say we evaluate strategic opportunities at all times (5/n)

Non M&A rumors also covered. Again, need to result in MPM, must have specifics. For eg- Company X likely to bag an EPC contract- no response required. Company X likely to get a construction contract- response required. (4/n)

Also, for a rumor to merit a response, it must have some specifics. Eg- a rumor saying Company X is divesting one of its biz divisions will not need a response. But if the rumor says Company X is proposing to sell its fertiliser biz, a response/disclosure will be required (3/n)

Social media, news aggregators NOT part of mainstream media. - Not all rumors will need a response. Only those that result in material price movement (MPM). Stock Exchange have notified how to calculate MPM. (2/n)

SEBI's market rumor verification framework: CII, Assocham, FICCI notify industry standards. Here's what they say- - Listed companies now have to deny, confirm or clarify market rumors in mainstream media. -Standards provide a list of mainstream media platforms. (1/n)

NFRA passes a damning order against #RelianceCapital's auditors. But what about the perpetrators of around Rs 7000 crore of fraudulent lending that the NFRA has pointed to? Former #ICAI Chairman Amarjit Chopra weighs in. @PayaswiniLLB https://t.co/XNJ8IYkJlw

Have you ever been mis-sold a life insurance product? How did it affect you? Did you speak to the company? What was their response? Are you still stuck with the product? This is for a piece we're working on!

Also, listen in for their views on - The Overlap possibility between Competition Act & proposed Digital Competition Bill Penalty Penalty Problem The Catch-all Provision Half Inspiration from EU law. https://t.co/oqbky1tExq