financial fraud

Madhepura (Bihar), April 8 The Bihar Police on Tuesday arrested a husband-wife couple on charges of allegedly defrauding a contractor of Rs 34.74 lakh by posing as senior government officials and promising to secure contracts, officials said on Wednesday.The accused have been identified as...

New Delhi, April 8 A Delhi court has denied bail to an 18-year-old aspiring NEET candidate who was allegedly involved in large-scale organized cyber fraud, stating that his role is not simply "peripheral" in light of the substantial evidence recovered against him.Additional Sessions Judge...

Patna, April 8 Bihar Chief Secretary Pratyaya Amrit on Wednesday directed officials to ensure that banknote-sorting machines are installed at all bank branches near the India-Nepal border of the state to curb the circulation of counterfeit currency.He also called for enhanced surveillance in...

Kolkata, April 8 The Calcutta High Court on Wednesday granted conditional bail to multi-crore Saradha Ponzi scam accused Sudipta Sen in two of the over 300 criminal cases against him, paving the way for his release from jail after 13 years.A division bench of the high court granted bail to Sen...

New Delhi, April 8 Police have busted a fake call centre operating in Pitampura in outer Delhi and arrested 19 people, including 12 women, for allegedly cheating victims across the country by posing as representatives of a finance company, officials said on Wednesday.The accused lured...

New Delhi, April 7 The Supreme Court on Tuesday said that borrowers are not entitled to a mandatory personal hearing before their accounts are classified as fraudulent by banks under the rules laid down by the Reserve Bank of India (RBI).A bench of Justices J B Pardiwala and K V Viswanathan...

Mumbai, April 7 Self-proclaimed godman-cum-astrologer Ashok Kharat is alleged to have sexually exploited women by claiming that he possessed "divine power" and would use it to cause the death of their family members or defame them if they didn't comply, according to investigators.He used the...

New Delhi, April 7 The Delhi Police has busted a fake call centre that allegedly defrauded people by selling fraudulent roadside assistance policies, arresting 12 people, including two owners, an official said on Tuesday.The racket was operating from the Guru Arjun Nagar area. Acting on inputs...

Thane, April 6 A case has been registered against three individuals for allegedly defrauding a woman from Thane city in Maharashtra of Rs 16.35 lakh by promising to get her daughter admitted to a prestigious engineering college, police said on Monday.Based on a complaint, the Kapurbawdi police...

Thane, April 5 A case has been registered against five individuals for allegedly defrauding a trader from Thane district in Maharashtra of ₹30 lakh by falsely claiming to offer him a dealership in herbal liquor products, police said on Sunday.The trader, in his complaint on Friday, alleged...

New Delhi, April 4 A 28-year-old man has been arrested in Ghaziabad for allegedly cheating a Delhi woman out of over Rs 1.51 lakh by posing as a job applicant, police said on Saturday.The accused, Keshav Kumar Karn, a resident of Ghaziabad's Khoda Colony, was apprehended by a team from the...

Jaipur, April 3 Leader of the Opposition in the Rajasthan Assembly, Tika Ram Jully, on Friday alleged that the BJP government in the state was "playing a double game" with the victims of the Adarsh Credit Cooperative Society scam, and raised questions about the role of the state's additional...

Jaipur, April 3 The Rajasthan Police has cracked a cyber fraud racket offering "escort services," which was operating from a remote island near a dam in the Dungarpur district, and has arrested 12 people, officials said on Friday.Acting on a tip-off received by the district cyber cell on...

Beed, Apr 3 Three individuals, including a woman, have been arrested in Beed district, Maharashtra, for allegedly defrauding a man of ₹23.42 lakh by threatening him with "digital arrest," police said on Friday.The police recently arrested the accused, Prasann Ajay Kasat (31), his wife, Swati...

Bengaluru, April 3 An FIR has been registered against a man and his accomplices for allegedly defrauding a company of Rs 6 crore by falsely claiming to be associated with an IT company and promising to facilitate CSR funds for its projects, police said on Friday.The crime is said to have taken...

Washington, April 3 – A Chinese national residing unlawfully in the United States has been sentenced to 30 months in prison for his role in an identity theft and vehicle fraud scheme involving luxury cars, federal prosecutors said.David X. Sullivan, United States Attorney for the District of...

New Delhi, April 2 A Delhi court has rejected the bail plea of a man accused of being an active member of a 'digital arrest' scam, holding the material recovered from his possession adequate to prove a prima facie case against him.Additional Sessions Judge Vinod Kumar Gautam was hearing a...

Indore, April 2 A case of fraud has been registered against seven customers from Indore who are associated with Bharat Petroleum Corporation Limited (BPCL), for allegedly misusing more than Rs 5.7 crore that was wrongly deposited in their digital wallets, police said on Thursday.Police are...

New Delhi, April 1 A Delhi court on Wednesday convicted Congress MLA Rajendra Bharti from Madhya Pradesh and a former bank employee in a cheating case involving the forging of bank records to receive illegal interest payments from 1998 to 2011.Special Judge Vinay Singh convicted Bharti and...

Lucknow, April 1 – The Central Bureau of Investigation (CBI) has arrested Sameer Joshi, a proclaimed offender, in connection with a financial fraud case linked to the Life Insurance Corporation of India, officials said on Wednesday.According to officials, the CBI had registered the case on...