Tag Archives: dip

Promised mobiles, received vegetable cutters: B’luru police busts ‘lucky dip’ scam

Bengaluru Cyber Crime police have busted a ‘lucky dip scam’ running for the last four years in which tele-callers told victims that they had won branded mobile phones as part of a ‘lucky dip’. The Cyber Crime Division of Criminal Investigation Department (CID) arrested Suhail Khan, a 60-year-old resident of Venkateshpuram in Bengaluru for orchestrating the scam. According… Read More »

Amazon forecasts unexpected profit dip

Amazon has said that plans to spend more on improving its warehouses and video content would hit profits in the current quarter. The online retail giant also narrowly missed analysts’ sales expectations for the busy holiday season. Amazon’s shares fell more than 4% in after-hours trading on Wall Street. The firm is spending heavily to take greater control… Read More »