underground economy

60 mn below poverty line in Mexico by yearend

September 6th, 2012 - 12:07 pm ICT by IANS
Mexico City, Sep 6 (IANS/EFE) Underemployment, inflation and other factors have eroded the income level of some 31 million Mexicans, and by the end of this year there will be ... Read more...

Posted in Business |

Obama seeks immigration reform lest India, China beat US

May 11th, 2011 - 11:51 am ICT by IANS
Washington, May 11 (IANS) US President Barack Obama has made an impassioned call for immigration reform projecting it as a boost to America's competitiveness so that China or India ... Read more...

Posted in World |

Thousands of Mexicans protest outsourcing, easy sacking

April 2nd, 2011 - 1:59 pm ICT by IANS
Mexico City, April 2 (IANS/EFE) Thousands of Mexican union workers have protested in Mexico's capital city against a bill that seeks to legalise outsourcing and make it easier for businesses ... Read more...

Posted in World |

India lost 462 bln dollars through tax evasion, crime and corruption since 1948: Report

November 19th, 2010 - 5:04 pm ICT by ANI
Washington, Nov 19(ANI): A new report has said that India has lost 462 billion dollars in illegal capital flows between 1948 and 2008.According to the report from Washington-based group Global Financial ... Read more...

Posted in World |

India’s corrupt siphoned out $125 bn in eight years: Report (Lead)

September 14th, 2010 - 3:12 pm ICT by IANS
By Arun Kumar Washington, Sep 14 (IANS) More than $125 billion worth of funds meant for the uplift of Indians were illegally siphoned out of the country by corrupt politicians and corporates between ... Read more...

Posted in Business |

Rampant corruption siphoning out funds from India

September 14th, 2010 - 10:51 am ICT by IANS
By Arun Kumar Washington, Sep 14 (IANS) Even as India's economic growth continues, the poor continue to stay poor with rampant corruption siphoning out over $125 billion in illicit capital flight between 2000-2008, ... Read more...

Posted in Business |

Underground economy worth $344 bn in Italy

July 13th, 2010 - 10:30 pm ICT by IANS
Rome, July 13 (IANS/AKI) Italy's underground economy was worth between 255 and 275 billion euros (about $319-344 billion) in 2008, state-run statistics agency Istat said Tuesday. That amounted to 16.3 percent to 17.5 ... Read more...

Posted in Business |

Execute a cyber attack with kits for just $700!

April 20th, 2010 - 4:02 pm ICT by ANI
Washington, Apr 20 (ANI): Cybercrimes are no longer the domain of the tech-savvy-just splash out 700 dollars and one can buy an attack kit online, reveals an internet security report.Symantec, ... Read more...

Posted in World |

‘Cyber criminals can buy personal identities for less than a can of cola’

April 14th, 2009 - 5:07 pm ICT by ANI
London, Apr 14 (ANI): With a rise in cyber frauds, criminals can now purchase full personal identities for "less than a can of cola", according to an Internet security firm.The annual Symantec ... Read more...

Posted in World |

Act against ‘hawala’ funding of terror, US tells India

February 28th, 2009 - 11:59 pm ICT by IANS
Washington, Feb 28 (IANS) Warning that the 'hawala' system of illegal money transfer is "directly linked to terrorist financing", the US has urged India to cooperate with international initiatives to check money ... Read more...

Posted in World |

2008 was boom year for hi-tech criminals

December 28th, 2008 - 6:11 pm ICT by ANI
London, Dec 28 (ANI): If 2007 witnessed rise in hi-tech criminals, then 2008 was the year they started materializing their goals, say experts.The underground economy is flourishing," said Dan Hubbard, chief ... Read more...

Posted in World |

Cyber criminals create $276 mn-worth Internet underground economy

December 3rd, 2008 - 4:28 pm ICT by IANS
Bangalore, Dec 3 (IANS) The burgeoning growth of e-commerce has spawned an online underground economy where cyber-criminals thrive by siphoning off goods and services worth millions of dollars with credit card information, ... Read more...

Posted in Sci-Tech |

Cyber Theft - A growing concern!

November 25th, 2008 - 4:26 pm ICT by Amrit Rashmisrisethi
There is a vast increase in the number of computer viruses and designed in such a way to steal the personal information such as bank account numbers, credit cards data, said by ... Read more...

Posted in Sci-Tech, Technology Industry News |

High-tech Internet fraudsters have stolen PS3.3B in last one year

November 24th, 2008 - 4:58 pm ICT by ANI
London, Nov 24 (ANI): Credit card numbers and bank details have apparently come as a boon for tech-savvy thieves, for they have actually made a fraud of a huge 3.35 billion ... Read more...

Posted in National |

London mayor rivals agree on single immigration plank

April 10th, 2008 - 12:27 pm ICT by admin
London, April 10 (IANS) In an unprecedented show of political unity, the three main candidates in the race to be mayor of London have backed a call for an amnesty for all ... Read more...

Posted in World |

Safe and trusted websites may result in identity theft, fraud

March 1st, 2008 - 5:55 pm ICT by admin
Sydney , Mar 1 (ANI): One can do away with fear of any harm to his or her personal details by visiting the most trusted sites on Internet. But this might just ... Read more...

Posted in Health Science |