financial fraud

Kohima, March 17 – The Enforcement Directorate's (ED) Dimapur Sub Zonal Office has provisionally attached 94 bank accounts involving proceeds of crime worth approximately Rs 10.24 crore in connection with the HPZ Token investment scam, officials said on Tuesday.The attachment was carried out...

New Delhi, March 16 Over $442 billion has been siphoned off from the global economy in 2025 through financial fraud, Interpol said in its global financial fraud threat assessment for 2026, released on Monday.The report maintained that the overall global risk related to financial fraud remains...

New Delhi, March 16 Top 10 willful defaulters, including ABG Shipyard, Gitanjali Gems, and Housing Development and Infrastructure, owe Rs 40,635 crore to banks as of March 31, 2025, Parliament was informed on Monday.ABG Shipyard Ltd tops the list with Rs 6,695 crore due to banks, followed by...

New Delhi, March 16 The CBI has registered a case into the alleged diversion of over Rs 11.4 crore from scholarship funds intended for students with disabilities by "non-existent" institutes and students, officials said on Monday.The Central Bureau of Investigation (CBI) has filed an FIR...

New Delhi, March 16 The Supreme Court said on Monday that it would hear next week a suo motu case concerning victims of digital extortion.Digital extortion is a growing form of cybercrime in which fraudsters pose as law enforcement officers, court officials, or personnel from government...

Beed, March 15 A case has been registered against a man for allegedly defrauding a labour contractor of Rs 22.8 lakh by promising to supply manpower for sugarcane harvesting in Beed district, Maharashtra, police said on Sunday.Based on a complaint, the Wadwani police recently registered a case...

Thane, March 15 Police have busted a fake call centre in Navi Mumbai that allegedly cheated people of over Rs 1 crore by promising high returns through stock market trading, and have arrested two persons in connection with the matter, officials said on Sunday.Based on a tip-off, the police's...

Ranchi, March 13 The Jharkhand CID has arrested three men from East Singhbhum for placing a person under "digital arrest" and extorting more than Rs 38.62 lakh, according to a statement released on Friday.The arrests were made following a complaint lodged at the CID's cybercrime police station...

New Delhi, March 13 – The CBI questioned Jai Anmol Anil Ambani, son of Anil Ambani, on Friday in connection with the Rs 228 crore bank fraud case involving Reliance Home Finance Ltd (RHFL).Jai Anmol Anil Ambani, who is also an accused in the case, was questioned by the investigating officer...

Thane, March 13 A case has been registered against five individuals, including a former government employee, for allegedly transferring state-owned land using forged documents in Thane district, Maharashtra, police said on Friday.According to the police, the accused misled the registrar's...

New Delhi, March 13 The Delhi High Court has rejected the anticipatory bail plea of a man in a case of "digital arrest," noting that instances of extorting money from unsuspecting victims using technology are increasingly being reported across the country.Justice Swarana Kanta Sharma said the...

Jaipur, March 12 Seven individuals were arrested and two minors were detained here on Thursday, allegedly for cheating people through online gaming.The accused allegedly lured people to play online games with promises of cash prizes through WhatsApp groups and online websites, and later...

New Delhi, March 12 The CBI has registered separate cases related to two incidents of digital fraud targeting a former professor and a retired gynecologist from Gujarat, defrauding them of a total of Rs 30 crore, officials said on Thursday.In the first case, a retired professor from St...

New Delhi, March 12 – The Central Bureau of Investigation (CBI) conducted coordinated searches at 15 locations across Delhi, Rajasthan, Uttar Pradesh, and Punjab in connection with a large-scale, organized online investment and part-time job fraud, an official statement said on Thursday.The...

New Delhi, March 12 The CBI has conducted searches at 15 locations across multiple states in connection with a large-scale online financial fraud involving the overseas fintech platform 'Pyypl', officials said on Thursday.The Central Bureau of Investigation (CBI) is now seeking custody of the...

Beed, March 11 A man from the Beed district of Maharashtra has been arrested for allegedly defrauding several women by posing as a government official and promising them benefits under various government schemes, an official said on Wednesday.Police said the accused, Gorakshanath Navnath...

Thane, March 11 A 64-year-old resident of Thane has allegedly been cheated of Rs 1.56 crore by a group of cyber fraudsters who placed him under "digital arrest" for almost a month after posing as police personnel, officials said on Wednesday.The fraudsters sent him multiple forged documents...

Jaipur, March 10 – The Rajasthan Police achieved a breakthrough on Tuesday by arresting an interstate fraudster accused of cheating thousands of people by offering them work-from-home jobs.The accused, Kumar Sanu alias Deepak Singh (25), son of Vijay Kumar and a resident of Baurna village...

Chandigarh, March 10 A group of cyber fraudsters, who used voice-changing software to deceive women, were apprehended in Punjab with the arrest of three of its members, police said on Tuesday.Director General of Police (DGP) Gaurav Yadav said that the accused used voice-changing software to...

Chandigarh, March 9 The Chandigarh Police on Monday registered a case based on a complaint filed by the Chandigarh municipal corporation, which alleged that fixed deposit receipts (FDRs) worth Rs 116.84 crore issued by a manager of a private bank were fake.The civic body said that they...