Fraud

Showing of 1 - 20 from 244 results
Fraud - Total results - 244
HDFC Bank detects suspicious transactions in NRI account, suspends three employees held by police
Business

HDFC Bank detects suspicious transactions in NRI account, suspends three employees held by police

Delhi Police Cyber Cell arrested 12 people, including three HDFC bank employees, for attempting to make unauthorised withdrawals from a high-value NRI account

Pandora Papers: Call to tighten regulations gets louder as leak reveals London as hub for tax avoidance
World

Pandora Papers: Call to tighten regulations gets louder as leak reveals London as hub for tax avoidance

Treasury chief Rishi Sunak said Britain’s tax authorities will inspect the Pandora Papers and defended the country’s record on tackling tax avoidance

West Bengal Police arrest 22 for running fake call centre, duping people
India

West Bengal Police arrest 22 for running fake call centre, duping people

They introduced themselves as Amazon employees and used softwares like Teamviewer and Anydesk to remotely access and take control over target computers

Income Tax department raids premises linked to Taapsee Pannu, Anurag Kashyap's Phantom Films
Entertainment

Income Tax department raids premises linked to Taapsee Pannu, Anurag Kashyap's Phantom Films

Income Tax officials said the searches are part of a tax evasion probe and conducted at about 20 locations in Mumbai and Pune.

Account takeover incidents in finance industry increased 20% in 2020, says cybersecurity firm Kaspersky
World

Account takeover incidents in finance industry increased 20% in 2020, says cybersecurity firm Kaspersky

As a result of the coronavirus pandemic, the importance of e-commerce and digital financial services increased in 2020 with people spending more time at home

Delhi Police files FIR against Haryanvi singer Sapna Choudhary for misappropriation of funds, cheating
India

Delhi Police files FIR against Haryanvi singer Sapna Choudhary for misappropriation of funds, cheating

The case was registered on a complaint by Pawan Chawla of celebrity management company P&M Movies Pvt Ltd, who has accused the singer of misappropriating a huge amount collected by organising several events clandestinely and multiple loans worth Rs 3.5 crore

Indian national sentenced to 20 years in prison for running call centres that defrauded US citizens
India

Indian national sentenced to 20 years in prison for running call centres that defrauded US citizens

Hitesh Madhubhai Patel from Ahmedabad was sentenced on charges of wire fraud conspiracy and general conspiracy to commit identification fraud, access device fraud, money laundering, and impersonation of a federal officer or employee

Google removes fraudulent apps from Play Store that lured users with free gifts, installed ad malware on their device instead
News & Analysis

Google removes fraudulent apps from Play Store that lured users with free gifts, installed ad malware on their device instead

The malware reportedly generated over two billion fraudulent bid requests, infected more than 65,000 unwitting devices, and spoofed more than 5,000 apps in just a week.

57-year-old Indian-origin ophthalmologist in New York indicted for defrauding COVID-19 relief programme of $630,000
World

57-year-old Indian-origin ophthalmologist in New York indicted for defrauding COVID-19 relief programme of $630,000

In April 2020, in order to gain access Paycheck Protection Program (PPP) funding administered by the US Small Business Administration (SBA), Goyal falsely represented on two separate applications that he was not subject to any pending indictment.

Indian-origin engineer in US charged with fraudulently seeking over $10 million from COVID-relief fund
India

Indian-origin engineer in US charged with fraudulently seeking over $10 million from COVID-relief fund

An Indian-origin engineer in the US has been charged with fraudulently seeking more than $10 million in loans under a coronavirus relief programme set up to help small businesses.

Vijay Mallya files appeal in UK Supreme Court against extradition order to India on charges of fraud, money laundering
Business

Vijay Mallya files appeal in UK Supreme Court against extradition order to India on charges of fraud, money laundering

Vijay Mallya on Monday filed an application seeking leave to appeal in the UK Supreme Court, exactly two weeks after the embattled liquor baron lost his London High Court appeal against an extradition order to India on charges of fraud and money laundering related to unrecovered loans to his now-defunct Kingfisher Airlines

Vijay Mallya loses UK High Court appeal against extradition case; wanted in Rs 9,000 cr fraud, money laundering charges in India
Business

Vijay Mallya loses UK High Court appeal against extradition case; wanted in Rs 9,000 cr fraud, money laundering charges in India

Vijay Mallya, the 64-year-old former Kingfisher Airlines boss had appealed to the High Court against his extradition to India at a hearing in February this year.

EMI moratorium fraud: Banks asking customers to be alert, not to share OTP with imposters
Business

EMI moratorium fraud: Banks asking customers to be alert, not to share OTP with imposters

In a bid to warn customers against fraudsters who may attempt to exploit the EMI moratorium scheme, leading banks are reaching out to their customers to caution them against ''EMI moratorium frauds'' and strongly advising them not to share sensitive information like OTP and PIN with imposters

SFIO makes arrests in Rs 6,500 cr worth accounting fraud at Rotomac, Frost International
Business

SFIO makes arrests in Rs 6,500 cr worth accounting fraud at Rotomac, Frost International

The Serious Fraud Investigation Office (SFIO) has arrested at least three individuals in connection with alleged accounting fraud worth Rs 6,500 crore at Rotomac group of companies and Frost International Ltd, according to official sources

Canada begins hearing Huawei CFO Meng Wanzhou fraud case; exec indicted in US for violating sanctions on Iran
World

Canada begins hearing Huawei CFO Meng Wanzhou fraud case; exec indicted in US for violating sanctions on Iran

In the 13 months since Meng Wanzhou, 47, was arrested at a Vancouver airport, her life has been circumscribed by the terms of her $10 million bail. On Monday, it entered a new phase when her extradition hearing formally began

CBI books former Maruti MD Jagdish Khattar for cheating PNB in Rs 110 cr bank loan; carries out searches at residence, office
Business

CBI books former Maruti MD Jagdish Khattar for cheating PNB in Rs 110 cr bank loan; carries out searches at residence, office

The CBI has booked former Managing Director of Maruti Udyog, Jagdish Khattar, for alleged bank loan fraud of Rs 110 crore by his new company, officials said on Tuesday

CG Power board sacks Gautam Thapar as chairman; investigation unearths multi-crore financial scam; bizman denies wrongdoing
Business

CG Power board sacks Gautam Thapar as chairman; investigation unearths multi-crore financial scam; bizman denies wrongdoing

CG Power & Industrial Solutions on Thursday said its board has sacked Gautam Thapar as its chairman with immediate effect after an investigation that unearthed a multi-crore financial scam in the firm

Central Vigilance Commission sets up panel to examine bank fraud over Rs 50 cr, to be headed by former CVC head TM Bhasin
Business

Central Vigilance Commission sets up panel to examine bank fraud over Rs 50 cr, to be headed by former CVC head TM Bhasin

The four-member board's jurisdiction would be confined to those cases involving the level of officers of General Manager and above in the PSB

Punjab & Sind Bank shares drop over 6% after lender flags Rs 238-cr fraud by Bhushan Power and Steel
Business

Punjab & Sind Bank shares drop over 6% after lender flags Rs 238-cr fraud by Bhushan Power and Steel

Shares of Punjab & Sind Bank on Thursday fell over 6 percent after the lender reported over Rs 238-crore fraud by Bhushan Power and Steel (BPSL)

Not backing out from buying Bhushan Power and Steel, but anxious about alleged fraud reports: JSW tells NCLT
Business

Not backing out from buying Bhushan Power and Steel, but anxious about alleged fraud reports: JSW tells NCLT

JSW Steel on Monday told the National Company Law Tribunal that the company is not backing out from the ongoing resolution process of Bhushan Power & Steel despite reports of alleged fraud by its former promoters