Bengaluru: CID detects over 42,000 mule bank accounts; 13 arrested
Bengaluru: In a major statewide operation against cybercrime, the Criminal Investigation Department (CID) has detected more than 42,000 mule bank accounts used by cyber fraudsters and arrested 13 accused in Bengaluru, The New Indian Express reported on Saturday.
The operation was carried out by Cyber Crime Police attached to the CID. All 29 Cyber, Economic and Narcotics (CEN) police stations across Karnataka were directed to collect details of suspicious bank accounts linked to online fraud.
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Police said fraudsters paid Rs 10,000 to Rs 20,000 to actual account holders to use their accounts to collect money. Simultaneous raids were conducted at over 100 locations in Bengaluru, Mysuru, Davanagere, Mangaluru and Belagavi.
“The actual account holders were reportedly unaware of any transactions made in their accounts. Most of them are daily wage labourers. Whenever details of bank accounts were found out in any cyber frauds, they led us to actual account holders. Only when they were questioned, would they know that their bank accounts were used for wrong purposes,” an officer said.
During the raids, police seized laptops, mobile phones, debit cards, ATM cards and SIM cards used in the fraud operations.
Police have warned the public not to share bank account details, ATM cards or passwords with anyone. “Allowing others to use your bank account for commission is a serious criminal offence. This operation is the result of several months of intelligence gathering,” the officer said.
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Oracle lays off around 12,000 employees in India, another round likely within a month
New Delhi (PTI): US-based IT firm Oracle is believed to have laid off approximately 12,000 staff in India, with another round of layoffs expected within a month, impacted employees said on Tuesday.
Globally, the company has fired around 30,000 employees.
"In India, around 12,000 employees have been laid off. The company is planning another mass layoff within a month," said two people impacted by the retrenchment, including one from the company's human resource department.
The company has approximately 30,000 employees in India, including those affected by the layoffs.
Oracle declined to comment on the development.
Oracle, in an email sent to staff, said the employees were informed about certain organisational changes and "because of these changes, a decision has been taken to streamline the operations, and as a result, unfortunately, the position you currently hold will become redundant".
The company has offered 15 days' salary to each employee who has completed a year of service in India, in addition to one month of unpaid wages till termination date, leave encashment, gratuity based on eligibility and pay for a one-month notice period.
Oracle has also offered a two-month salary as a top-up.
However, the severance package is available for those who voluntarily and amicably resign from the company.
An ex-employee of Oracle, Merugu Sridhar, said that he was laid off in September for protesting against the 16-hour work shift that the company has in India.
"I contacted my friends and those who are in human resources. They shared that most of the Indians working in the US with the company have been impacted because the local laws there are very strict when it comes to the retrenchment of their citizens," Sridhar said.
