Page 11 - Frauds

FIR filed against Ashok Gehlot's son in Nashik over fraud allegations

An FIR has been registered against Vaibhav Gehlot, son of Rajasthan Chief Minister Ashok Gehlot for allegedly duping a Nashik resident of crores of rupees

Former Apple employee charged with defrauding tech giant $10 mn

A former Apple employee has been charged with defrauding the tech giant out of more than USD 10 million by taking kickbacks, stealing equipment and laundering money, federal prosecutors said

Largest-ever seizure: 'Crocodile of Wall Street' held in giant crypto bust

The couple conspired to launder 119,754 bitcoins in 2016 that's now worth $4.5 billion

4,071 banking fraud cases reported during H1 FY2022: RBI report

In terms of deposits, the number of reported cases of frauds stood at 208 of an amount involving Rs 362 crore, the report said

2 Florida men guilty of running $35 million Covid-19 fraud scheme

Two South Florida men have pleaded guilty in Ohio to leading a nationwide scheme to fraudulently obtain more than $35 million in COVID-19 relief loans

CBI files charge sheet against Indian Bank manager in deposit fraud case

The CBI has filed a charge sheet against 18 people

FBI, CBI discuss crime trends, including rising telemarketing fraud

Top US officials from the FBI and the Department of Justice have held a meeting with their counterparts from the CBI

HDFC Bank suspends staff held for attempting withdrawal from NRI account

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

Enforcement Directorate attaches assets in fraud case against STCL

The Enforcement Directorate on Thursday said it has attached assets worth over Rs 146 crore in a money laundering case linked to alleged fraud at the State Trading Corporation of India Ltd (STCL)

SFIO chief pulls up independent directors for washing hands of frauds

Keshav Chandra said frauds happen in companies, not just through promoters but a whole group of people who work to achieve the promoter's plan

Huawei CFO leaves Canada after agreement with US over fraud charges

Huawei Chief Financial Officer Meng Wanzhou flew home to China on Friday after reaching an agreement with U.S. prosecutors to end the bank fraud case against her

Drone use, satellite imagery for agriculture insurance may be a must

Govt, Irdai considering using artificial intelligence to control fraud claims, cut delays in settlement

MGF files FIR against Emaar officials over 'fraudulent transfer' of land

MGF Developments Ltd has filed an FIR against officials of its erstwhile joint venture partner Emaar India, including Emaar Properties Group CEO, Amit Jain

Going mobile with fraud detection

Preventing mobile-based fraud requires coordinated efforts between regulators, industry bodies representing mobile operators, banking and financial services, and security tech providers

Kolkata vaccine fraud: Accused organised two Covid-19 vaccination camps

Accused Debanjan Deb, who allegedly organised fake Covid-19 vaccination camps impersonating an IAS officer, has confessed to having organised two such camps in the city, said Kolkata police

2 held in UP for stealing data from finance company, diverting EMIs

Uttar Pradesh police of Noida sector 58 have arrested two people for stealing data from a finance company and then diverting the Equated monthly installments of customers to their personal accounts

Enforcement Directorate steps up drive to check Covid-linked corruption

The Enforcement Directorate (ED) has directed officials to consider cases of crime related to Covid-19 as predicate offence

Fraud probe rocks embattled Gupta empire just as it seemed to win lifeline

For two months, Sanjeev Gupta has been scrambling to refinance after the collapse of his group's main lender, Greensill Capital

SC refuses to stay Telangana HC order on RBI's fraud classification

However, it allowed the parties to file replies and rejoinders and listed the matter on July 13

Blocking and chaining resume fraud

A mini-industry has come up to manage employee background checks. Studies indicate that one in five resumes have information discrepancy that is serious enough to be considered a fraud