Page 10 - Scam

TCS gets external auditor to assist investigation of jobs-for-bribe scandal

Sources say probe will take 45 days to complete; company tells exchanges scam had no financial impact

Bribes-for-jobs scam uncovered at TCS, miscreants may have made Rs 100 cr

The bribes-for-job scandal has led to TCS sacking four officials from its resource management group and banning three staffing firms

How a man staying in Delhi five star hotel left with unpaid bill of Rs 58L

In a shocking incident at Roseate House, a renowned five-star hotel in Delhi, a man allegedly stayed for two years without paying, resulting in a loss of Rs 58 lakh

Sebi cracks down on bulk SMS scam, bars 135 entities from securities market

Impounds Rs 126 cr of wrongful gains; issues notices to over 200 entities

CBI files chargesheet in Rs 250-cr pulses scam after 17 years: Official

The CBI has filed a charge sheet in the infamous Rs 250-crore pulses scam involving the export of 60,000 metric tonne of pulses despite a government ban in 2006-07 nearly 17 years after a case was first registered in the matter , officials said. The agency's investigation remained stalled during the period, with letters rogatory sent to three countries failing to elicit timely responses. A letter rogatory a judicial request sent by a court to a foreign country seeking its assistance in sharing information in a case to New Zealand is still pending. In its charge sheet filed recently before a special court, the Central Bureau of Investigation named Jet King, its owner Shyam Sunder Jain, Naresh Kumar Jain, and one Prashant Sethi. It is alleged that Jet King circumvented the government ban on pulse export in collusion with some UAE-based companies by manipulating a backdated Letter of Credit issued by a Cook Islands bank. The CBI has invoked IPC sections related to criminal conspir

Bombay HC pulls PNB for inaction on diamantaire Nirav Modi's loan frauds

The Bombay High Court has pulled up the Punjab National Bank (PNB) for not taking steps to recover the huge amounts of money availed as loans by the fugitive diamantaire Nirav Modi.

Scammers steal 1.83 cr from 11 EPF accounts using Aadhaar card details

The CBI has arrested a man for allegedly altering Aadhaar card details to withdraw Provident Funds of unsuspecting persons through online claims, officials said on Monday. Delhi-based mastermind Priyanshu Kumar allegedly orchestrated the fraud with the help of his gang, where he allegedly targeted individuals whose Aadhaar cards were not linked to their PF accounts, they said. The CBI has alleged that 11 Employees' Provident Fund (EPF) members were targeted through 39 fake claims and Rs 1.83 crore was siphoned off. The agency registered a case on February 8, 2022, against seven establishments and unidentified individuals on a complaint from the Employees' Provident Fund Organization (EPFO) related to alleged fraudulent activities involving identity theft aimed at illegally withdrawing funds from the PF accounts of genuine beneficiaries. The gang allegedly registered establishments in various cities like Nagpur, Aurangabad, Patna, Ranchi, in which PF coverage was taken online withou

RBI to come out with guidelines regarding fraud account classification

The Reserve Bank will 'shortly' come out with revised guidelines on fraudulent account classification to take into account the recent apex court order that asked lenders to ensure natural justice to a defaulter before labelling him a fraudster. "The SC has given a judgement, saying natural justice has to be provided to a borrower before declaring him a fraud. "Subsequently, hearing a review petition filed by SBI, the apex court clarified that there was no need to give a personal hearing," Mukesh Jain, the deputy governor in charge of banking supervision, told reporters during the post-policy presser here on Thursday. Though State Bank moved the court with a review petition, seeking to know whether the March 27 order only applied prospectively and not affect past decisions, the court led by chief justice DY Chandrachud on May 13 refused to review the order but clarified that a personal hearing meant only that a defaulter should be given adequate notice and an opportunity to make a ..

CBI raids multiple locations in Bengal linked with job scam in civic bodies

The Central Bureau of Investigation (CBI) on Wednesday conducted raids at multiple locations in West Bengal in connection with its probe into alleged irregularities in recruitment in civic bodies, an official said. Sleuths of the central agency started search operations this morning in 14 municipalities, including South Dum, Panihati, Kanchrapara, Chinsurah and Dum Dum. The CBI teams also raided the office of the state urban development department in the Salt Lake area, he said. According to the official, allegations of cash-for-jobs had surfaced over appointments of personnel in these civic bodies for which the search operations were taking place.

People should not take calls from 'unknown' numbers: Telecom minister

Telecom Minister Ashwini Vaishnaw urged people on Friday to not pick mobilephone calls from "unknown numbers" and asserted that measures taken by the ministry have resulted in a significant reduction in spam calls and cases of cyber frauds. "People should never pick calls made from unknown numbers. I request every citizen that they should respond to calls from only (telephone/mobile) those numbers they recognise," he told reporters. He was responding to a question about spam calls and cyber frauds. Vaishnaw said his ministry had recently launched the 'Sanchar Saathi' portal to prevent spam calls and cyber frauds. Over 40 lakh wrong SIMs and 41,000 wrong "points of sale" agents were blacklisted, he added. The use of artificial intelligence has helped significantly to reduce these cases, he said. People should respond to unknown numbers only if an identification message is sent from such callers, the minister said.

Excise policy scam: Dehi HC allows Sisodia to meet ailing wife on Saturday

The Delhi High Court Friday permitted AAP leader Manish Sisodia, under arrest in cases related to alleged irregularities in the city government's excise policy, to meet his ailing wife at his residence on Saturday. Justice Dinesh Kumar Sharma directed the Tihar Jail Superintendent to take Sisodia, the former deputy chief minister, to his residence where he has been allowed to meet his wife from 10 AM to 5 PM. The high court made it clear that Sisodia shall not interact with media or any other person except his family members and also not access phone or internet. Let the petitioner be taken to his house tomorrow from 10 AM to 5 PM to meet his wife, the court said. The high court was hearing Sisodia's petitions for regular bail and interim bail in the money laundering case lodged by the Enforcement Directorate (ED) and reserved its orders. Sisodia has sought interim bail on the ground of deteriorating health of his wife who is suffering from multiple sclerosis. The high court also

Delhi Excise scam: Manish Sisodia produced before CBI court via video

Delhi's former Deputy Chief Minister Manish Sisodia was on Friday produced before a CBI court here via video conferencing in connection with the Excise Policy scam case

Pakistan's Anti-Corruption body arrests PTI president Pervaiz in Lahore

The Anti-Corruption Establishment (ACE) with help of police in Punjab province has arrested former Pakistan Tehreek-e-Insaf (PTI) president Pervaiz from near his Lahore residence, an official said

West Bengal school jobs scam accused Sujay Krishna Bhadra arrested by ED

The Enforcement Directorate (ED) on Tuesday night arrested Sujay Krishna Bhadra for his alleged involvement in the illegal appointments made in different state-run and aided schools in West Bengal, an official said. Bhadra, popular as 'Kalighat er Kaku' (Uncle from Kalighat), was arrested following a 12-hour-long grilling by ED officials at the agency's city office in connection with their ongoing investigation into the scam. "He did not cooperate with our officers during today's questioning. We tried a lot to get answers to some relevant questions connected to the job scam," the ED officer told PTI over the phone. Bhadra had appeared before the ED officials earlier in the day after he was served a notice by the central investigating agency last week. He had earlier appeared a couple of times before the CBI which is also running a parallel investigation into the recruitment scam. The ED has so far arrested West Bengal's former education minister Partha Chatterjee, apart from his .

UP police, Amazon India launch campaign to tackle online shopping scams

Uttar Pradesh police and Amazon are collaborating to explore several joint initiatives which will aim to empower consumers to shop online with greater confidence

Indian-origin designer VAT scam mastermind jailed in UK for 20 years

An Indian-origin mastermind of a fake designer clothing scam, accused of trying to steal around GBP 97 million through VAT repayment claims on false exports of textiles and mobile phones with the help of a criminal gang, was on Thursday sentenced to 20 years' imprisonment for tax fraud in the UK. Sock manufacturer Arif Patel, 55, was found guilty last month in what Britain's tax department described as one of the country's largest ever "carousel" tax frauds. Patel was found guilty of false accounting, conspiracy to cheat the public revenue, the onward sale of counterfeit clothing and money laundering following a 14-week trial at Chester Crown Court. "Arif Patel lived a lavish lifestyle at the expense of the law-abiding majority. Tax crime is not victimless and fraudsters like this pair steal the money that funds the NHS [National Health Service] and other vital public services we all rely on, said Richard Las, Director of the Fraud Investigation Service at His Majesty's Revenue and

Nepal ex-ministers among 30 people charged in fake Bhutanese refugee scam

Prosecutors in Nepal on Wednesday charged 30 people, including two former cabinet ministers over allegations that they collected large amounts of money from Nepali nationals, promising to help them relocate overseas as Bhutanese refugees. The District Attorney's Office here has filed a 224-page charge-sheet at the Kathmandu District Court. Former Home Minister Bal Krishna Khand and former Deputy Prime Minister Tope Bahadur Rayamajhi were among 16 people arrested and charged, officials said. The remaining 14 are still absconding, they said. Rayamajhi has now been suspended as the secretary of the Communist Party of Nepal (Unified Marxist-Leninist) party. "Claim amount of Rs 270 million has been demanded from those who are sued," District Attorney Mahesh Khatri said. Those involved have allegedly swindled around 875 Nepali nationals of millions of rupees," according to the Kathmandu Post newspaper. The attorney office said all of the 30 individuals were prosecuted on four types o

Land-for-jobs PMLA case: Rabri Devi appears before ED for questioning

Former Bihar Chief Minister Rabri Devi on Thursday appeared before the Enforcement Directorate here for questioning in a money laundering case linked to the alleged land-for-jobs scam, official sources said. The 68-year-old Devi, wife of RJD chief Lalu Prasad, is recording her statement in this case under the Prevention of Money Laundering Act (PMLA). Rabri Devi's children, including Bihar Deputy CM Tejashwi Yadav and MP daughter Misa Bharti, have been questioned by the federal agency in this case in the recent past. The money laundering case stems from a CBI FIR. The ED had carried out searches in this case sometime back and seized "unaccounted cash" of Rs 1 crore and detected proceeds of crime worth Rs 600 crore. The alleged scam pertains to the period when Lalu Prasad was the railway minister in the UPA-1 government. It is alleged by the agencies that during the period 2004-09, various persons were appointed to Group D positions in various zones of the Indian Railways, and in

Gurugram techie loses Rs 42 lakh in 'like YouTube videos' WhatsApp scam

The cybercrime division filed an FIR against the unknown fraudsters under relevant sections of the Indian Penal Code (IPC) and the Information Technology (IT) Act

Will make big disclosure on ongoing Delhi Excise policy scam case: AAP

Aam Aadmi Party (AAP) will make a "big disclosure" on the ongoing Delhi Excise policy scam case on Sunday afternoon, Delhi Minister Atishi said