financial crime

Mumbai, April 9 A Mumbai court on Thursday denied bail to Hitesh Mehta, the former General Manager of New India Cooperative Bank, who was arrested in a ₹122 crore fraud at the bank, and described him as the prime accused in the case.The court noted that a long period of imprisonment cannot be...

Kathmandu, April 9 Former Nepali parliament speaker Krishna Bahadur Mahara and joint secretary Arun Pokharel have been named among 28 accused, along with a travel company, in a case of gold smuggling.The Commission for the Investigation of Abuse of Authority (CIAA) has filed the corruption...

Noida, April 9 – Police in Gautam Buddha Nagar, Uttar Pradesh, have achieved a major success in their crackdown on cybercrime, with the Cyber Crime Police Station team arresting 16 individuals on Thursday for operating a fake call center in Sector-16, Noida.The gang used paid online...

Mumbai, April 9 A couple has been arrested for allegedly cheating eight people of Rs 6.71 crore after promising them high returns in an import-export scheme, a Mumbai police official said on Thursday.The official at the Kasturba Marg police station identified the accused as Siddharth Khushal...

Hazaribag (Jharkhand), April 9 Three employees of the Hazaribag district treasury have been arrested for allegedly embezzling Rs 15.41 crore from two bank accounts over the past eight years, officials said on Thursday.Hazaribag Deputy Commissioner Shashi Prakash Singh told reporters on...

Jaipur, April 9 – In a major breakthrough, the Dholpur Police have arrested Amit Gautam, the alleged mastermind behind a massive multi-crore fraud, who had been on the run for 6 years and carried a reward of Rs 43,000.The accused is believed to have defrauded over 200 individuals of...

New Delhi, April 9 Two men have been arrested for allegedly running an online cyber fraud scheme involving over ₹3.60 crore, using mule bank accounts and a social media application, police said on Thursday.The accused have been identified as Ram Avtar Singh, a resident of Agra, and Vikrant...

New Delhi, April 9 The Financial Intelligence Unit-India (FIU-IND) and the Indian Cyber Crime Coordination Centre (I4C) signed an agreement on Thursday to enhance information sharing and strengthen India's fight against cyber fraud and financial crimes.The Memorandum of Understanding (MoU)...

New Delhi, April 9 Two nationals from Africa have been arrested for their alleged involvement in an international cyber fraud scheme that allegedly defrauded victims across multiple states of over Rs 50 lakh, police said on Thursday.The accused allegedly impersonated women on online platforms...

New Delhi, April 9 The Delhi Police has arrested two men in connection with separate cyber investment fraud cases involving over Rs 74 lakh, an official said on Wednesday.In the first case, a man identified as Rahul Tyagi, a resident of Greater Noida, was arrested for his alleged role in a Rs...

New Delhi, April 9 Taking advantage of her friend's trust, a woman is alleged to have "borrowed" the key to her house under the pretext of applying henna, later using it to rob her residence and escape with ₹3.2 lakh in cash and several gold ornaments in the Sultanpuri area of outer Delhi...

London, April 8 An Indian-origin former police officer has pleaded guilty to his role in a "crash for cash" scheme, involving fraudulent personal injury claims following deliberate vehicle crashes in the UK.Kuldip Singh, 42, was a Metropolitan Police officer when he became involved with a...

New Delhi, April 8 The Delhi Police has arrested a key associate of gangster Kapil Sangwan alias Nandu, official sources said on Wednesday.The accused, Aditya Nath Mishra (24), was involved in supplying weapons to the Kapil Sangwan gang and managing its financial and extortion-related...

Pratapgarh (UP), April 8 A block programme manager working at a community health center here was arrested for allegedly accepting a bribe of Rs 50,000 in exchange for facilitating a job, officials said on Wednesday.The accused, identified as Amit Mishra, was caught red-handed by a team of the...

Hyderabad, April 8 – The Anti-Corruption Bureau of Telangana has arrested a police inspector and a sub-inspector at the Rajiv Gandhi International Airport police outpost for demanding Rs 5 lakh and accepting Rs 2 lakh as partial payment.Officials of the Anti-Corruption Bureau also found Rs...

Bokaro, April 8 An accountant with the Jharkhand Police is alleged to have withdrawn ₹4.29 crore from the district treasury's salary disbursement account in Bokaro, an official said on Wednesday.The accused, Kaushal Kumar Pandey, was arrested on Tuesday following a First Information Report...

Thane, April 8 Police have registered a case against three individuals, including a woman, for allegedly cheating a 56-year-old retired man in Thane, Maharashtra, of Rs 22 lakh by promising him a job in the railways, officials said on Wednesday.Based on the complaint filed by the man, a case...

New Delhi, April 8 – The rapid rise of crypto-hawala is emerging as a serious concern for security and enforcement agencies, as digital channels are increasingly replacing the traditional hawala system, which relied on personal trust and informal networks.While the purpose of such transactions...

New Delhi, April 8 The CBI has arrested a manager and an investigator of National Insurance Company Limited in a bribery case involving an amount of more than Rs 2.6 lakh, officials said.It is alleged that the accused demanded an undue advantage of Rs 3 lakh from the complainant for...

New Delhi, April 7 The CBI has arrested a manager and an investigator of National Insurance Company Limited in a bribery case involving an amount of more than Rs 2.6 lakh, officials said on Tuesday.The accused is alleged to have demanded an undue advantage of Rs 3 lakh from the complainant in...