financial crime

Gurugram, February 13 Haryana Police arrested two men on Friday for allegedly committing fraud by transferring money in the name of membership in a male escort service, officials said.The accused, who were arrested from the Manesar area, are being questioned by the police, they said...

New Delhi, February 13 The CBI and the I4C are considering a range of measures to recommend to the government, including linking banks' KYC processes with biometric verification and tethering international mobile roaming services to passports, as part of a broader effort to curb cybercrimes...

Thiruvananthapuram, February 13 Two individuals were arrested on Friday for allegedly stealing a mobile phone and transferring money from the owner's bank account after accessing his UPI account, police said.The accused have been identified as Harikrishnan (28) from West Kallada in Kollam...

Kolkata, February 13 A court in the North 24 Parganas district of West Bengal has cleared a cancer alternative therapy expert of charges of making false claims about his profession.Following this acquittal, a court under the Prevention of Money Laundering Act (PMLA) has also acquitted Aradeep...

Mangaluru (Karnataka), February 12 A 24-year-old man has been arrested for allegedly defrauding a person of more than Rs 2.37 lakh through a fake insurance call, police said on Thursday.According to authorities, the complainant, a resident of Puttur, recently received repeated calls from an...

Lucknow, February 11 The Enforcement Directorate conducted raids in the districts of Sant Kabir Nagar and Azamgarh in Uttar Pradesh on Wednesday as part of an investigation into money laundering against a madrassa teacher, who is now reportedly a UK citizen, officials said.The case involves...

Mumbai, February 11 A Mumbai police team has arrested two more individuals, from Uttar Pradesh and Delhi, in connection with a postal stamp forgery racket, and recovered fake stamps with a face value of nearly Rs 28 lakh from them, officials said on Wednesday.With this, five individuals have...

New Delhi, Feb 10 Union Home Minister Amit Shah on Tuesday called on the CBI and I4C to develop a joint system with other institutions like the NIA, ED, and banks to create a “coordinated and highly secure ecosystem” and remain “two steps ahead” in countering cybercriminals who use novel...

New Delhi, February 10 The Delhi Police has arrested a man and apprehended two others in connection with a Rs 31-lakh online IPO fraud, an officer said on Tuesday.The accused, identified as Sarvjeet, 35, Pawan, 33, and Puneet, 32, all residents of Saharanpur in Uttar Pradesh, were apprehended...

New Delhi, February 9 The Enforcement Directorate has constituted a special investigation team (SIT) to probe the alleged banking and corporate fraud worth Rs 40,000 crore involving the Anil Dhirubhai Ambani Group (ADAG) and linked entities, official sources said on Monday.The SIT is led by an...

Kolkata, February 9 The Enforcement Directorate (ED) summoned the in-charge of the Budbud police station in West Bengal's Paschim Bardhaman district for questioning in connection with a coal smuggling case, official sources said.The in-charge, Manoranjan Mondal, was summoned days after the...

New Delhi, February 9 The use of Artificial Intelligence in tackling mule accounts, which form a key element in facilitating the laundering of illicit funds stolen through cyber crimes, will be one of the focus areas of the two-day conference organized by the CBI and the Indian Cyber Crime...

Mumbai, February 9 A senior manager at an IT firm in Mumbai's Powai area has been booked for allegedly committing corporate fraud worth Rs 10 crore, a police official said on Monday. According to the Parksite police station official, the accused, Amit Arvind Shah, a senior accounts manager...