Latest News on Fraud
Showing of 0 - 10 from 226 results
Fraud - Total results - 226
Aug 31, 2018
Central Vigilance Commission directs banks, insurance companies to rotate employees in sensitive posts to check fraudsThe move assumes significance as many big-ticket frauds have been reported recently from the banks.
Jul 12, 2018
Revenue department arrests company director for tax evasionThe company had collected more than Rs 3 crore as service tax from its clients but had not deposited the same with the exchequer, it said in a statement.
Jun 21, 2018
Kingfisher employees write to PM Narendra Modi, ask why dues owed by Vijay Mallya were given precedence over unpaid salariesKingfisher Airlines Ltd's (KAL) staffers say founder Vijay Mallya should be punished for his crimes.
Jun 18, 2018
One in four Indians at risk of financial fraud after becoming digitally active, says global information companyWith Indians becoming more digitally active, the risk of frauds has increased with around one in four customers becoming victims to online financial deceit, says a report.
Jun 16, 2018
UK court orders Vijay Mallya to pay 200,000 pounds in costs to Indian banks trying to recover duesSeparately, Vijay Mallya is due back at the Westminster Magistrates Court in London next month for one of the final hearings in his extradition case.
Jun 13, 2018
Budget airline IndiGo hires fraud investigator Somyajit Sethi as its first ethics and compliance chiefSomyajit Sethi is likely to join IndiGo by the end of this month.
May 17, 2018
Two Indian-origin corporate honchos among three charged in $200 mn fraud in USTwo Indian-origin men are among three people charged in the US for allegedly orchestrating a $200 million scheme to defraud investors and others out of hundreds of millions of dollars
May 10, 2018
Bad loans mess: Forensic audits at PSBs are a good start, but structural reforms are the need of the hourForensic audits of PSB loan accounts will be useful only if learnings are used to frame better policies and implement substantial structural reforms.
May 08, 2018
Vijay Mallya loses UK lawsuit over Rs 10,000 crore in Indian claims; ruling to benefit IDBI Bank, Modi and the BJPA London court has reportedly backed India's claims that former liquor baron Vijay Mallya is a wilful defaulter.
Apr 26, 2018
Some Indian firms acknowledge widespread bribery, corruption in business: EY surveyAs many as 50 corporates from India participated in the survey, of which 20 respondents said there is widespread bribery and corruption in business.