financial crime

Belagavi (Karnataka), April 11 Two people were arrested in connection with a "digital fraud" scheme in which an 81-year-old businessman allegedly lost over ₹15 crore after fraudsters posing as CBI officials accused him of involvement in a financial crime, police said on Saturday.The accused...

Thiruvananthapuram, April 11 A man who allegedly broke into a temple office and stole Rs 8,500 in cash, somehow fell asleep there, leading to his arrest on Saturday, police said.The incident occurred at the Kuzhuvalvattam Sree Bhagathy temple in Kudappanamoodu, Amboori.When temple committee...

New Delhi, April 11 The Delhi Police have busted a cyber fraud syndicate allegedly involved in providing mule bank accounts and have arrested 14 people from various locations, an official said on Saturday.The operation was carried out following an analysis of suspicious bank accounts linked to...

New Delhi, April 11 The Delhi Police has cracked an interstate cyber fraud network and arrested three individuals in connection with separate cases of digital fraud and investment scams involving over Rs 80 lakh, an official said on Saturday.In the first case, a fraud of Rs 47.74 lakh was...

Giridih (Jharkhand), April 11 The Giridih police have filed an FIR against a constable for allegedly defrauding people of Rs 39.60 lakh by promising them a cheap auction of four-wheeler vehicles seized, an officer said on Saturday.The accused constable has been identified as Gautam Kumar...

Prayagraj (UP), April 11 Sixteen individuals, including two gold appraisers, have been booked for allegedly obtaining loans worth lakhs of rupees against counterfeit gold from a bank in Prayagraj, officials said on Saturday.Civil Lines Station House Officer (SHO) Ramashray Yadav said that...

Thane, April 11 A special court in Maharashtra's Thane district has sentenced the mastermind of an investment fraud to three years of rigorous imprisonment, and ordered the government authorities to auction his seized properties to repay the money of hundreds of duped investors.In an order...

New Delhi, April 11 The Delhi Police has arrested three individuals for their alleged involvement in a Rs 10 lakh online investment fraud, an official said on Saturday.The case was registered on February 2 this year based on a complaint by Amit Kumar Jain, a resident of Subash Park in...

Jaipur, April 11 The Anti-Corruption Bureau of Rajasthan seized unaccounted cash amounting to Rs 3.70 lakh from an assistant engineer of a municipal body in the Karauli district during a surprise check on Saturday, officials said.The accused, Mahendra Singh, who was posted as an assistant...

Singapore, April 11 An Indian-origin man in Singapore was sentenced to seven weeks in jail for forging his clients' bank statements so that the insurance policies he was selling to them could take effect.Vijendren Tanapal, 38, pleaded guilty to two charges of forgery involving two Japanese...

Mumbai, April 11 – In a significant breakthrough, the Mumbai Police have uncovered a major terror funding angle linked to a suspected hawala racket, with key accused Salim Sheikh allegedly creating fake passports for nearly 40 individuals using forged documents.The Anti-Terrorism Branch of the...

Hyderabad, April 10 The DGGI, Hyderabad zonal unit, announced on Friday that it had arrested two individuals for allegedly running organized tax evasion rackets.One of the arrested individuals was identified as a key member and mastermind of an organized network involved in the creation of 48...

Ahmedabad/Surat, April 10 – A special Central Bureau of Investigation (CBI) court in Ahmedabad on Friday convicted and sentenced three retired officials of Punjab National Bank (PNB), along with five private individuals and a company, in a bank fraud case.The case involved the granting of...

New Delhi, April 10 A 47-year-old trader was allegedly robbed of 25 lakh rupees by two individuals on a motorcycle in the Subhash Place area of northwest Delhi, police said on Friday.The incident took place when the victim, identified as Mangal Sen, a resident of Old Sabzi Mandi, was returning...

Ahmedabad, April 10 A special CBI court here on Friday convicted eight individuals, including three retired officials of Punjab National Bank (PNB), in a 2016 loan fraud case that caused a loss of Rs 1.57 crore to the lender.The court sentenced retired Assistant General Manager Gurinder Singh...

Bokaro, April 10 Investigations have revealed that more than ₹6 crore was allegedly withdrawn from the district treasury's salary disbursement account in Bokaro by a police department accountant, an official said on Friday.Bokaro Deputy Commissioner (DC), Ajay Nath Jha, said that the amount...

Mumbai, April 10 A 72-year-old doctor was conned out of Rs 10 lakh by cyber criminals posing as Mahanagar Gas Limited employees, a police official said on Friday.Dr. Neelkamal Harishchandra Tandon received a call claiming that he had not paid his gas bill, and that his supply would be...

Sambhal (UP), April 10 A 50-year-old man was arrested with counterfeit Indian currency notes in the Hayatnagar area here, officials said on Friday.During the operation, counterfeit Indian currency worth Rs 20,000 was recovered from his possession, including 35 notes of Rs 500 denomination, six...

Mathura (UP), April 10 Police have busted an illegal IPL betting racket in Mathura, arresting around half a dozen individuals, including a local BJP leader, police said on Friday.The police have arrested Bankebihari – a local BJP leader running this illicit racket from within a shuttered house...

Thane, April 10 A 64-year-old man from the Thane district of Maharashtra was allegedly cheated out of nearly Rs 28 lakh in a digital fraud scam, police said on Friday.The complainant, a resident of Ronak City in Kalyan West, alleged that between April 1 and April 7, he received multiple...