Page 9 - Scam

Thousands lose over Rs 200 cr in series of crypto rug-pulls in Himachal

Police are yet to nab the cryptocurrency fraud kingpin who may have swindled thousands of people across Himachal Pradesh of more than Rs 200 crore since 2018, the year the crypto fever reached its peak. The gang lured people by promising high returns in a short span of time in crypto investments and created a network of investors. The initial investors then were baited to reel in other people in a ponzi-style scheme. The matter was raised in the Vidhan Sabha by Independent MLA Hoshyar Singh who pegged the amount of money swindled from people in Kangra and Hamirpur alone to be upwards of Rs 200 crore. In the wake of Singh's assembly speech, a special investigation team was formed to probe into the matter. The exact amount defrauded is yet to be ascertained, Deputy Inspector General of Police, Northern Range, Abhishek Dhullar, who is heading the SIT, told PTI on Monday. The frauds used a combination of misinformation, deception, and threats to maintain control over their scheme and

Andhra court extends remand of ex-CM Naidu till Sept 24 in corruption case

A court here on Friday extended the judicial remand of TDP chief N Chandrababu Naidu in the case pertaining to AP Skill Development Corporation scam till September 24. Additional Advocate General Ponnavolu Sudhakar Reddy told PTI that the special court for Anti-Corruption Bureau here extended the former Chief Minister's remand by two days. Meanwhile, the High Court has scheduled the hearing on the FIR quash petition filed by Naidu at 1:30 pm today. Chandrababu Naidu was arrested on September 9, for allegedly misappropriating funds from the Skill Development Corporation, leading to an alleged loss of over Rs 300 crore to the state exchequer. He is currently lodged in the Rajamahendravaram central prison.

CBI court grants bail to four accused in Delhi excise policy case

The CBI has filed a supplementary charge sheet against five accused, including these four. Former Deputy CM Manish Sisodia was physically produced for the hearing of the case

Court rejects Ashok Gehlot's acquittal plea in defamation case by Shekhawat

Union Jal Shakti Minister Gajendra Singh Shekhawat had filed a criminal defamation lawsuit against the chief minister for allegedly claiming Shakawat was involved in the Sanjeevani scam

HC reserves orders on Naidu's plea seeking quashing of FIR in scam case

The Andhra Pradesh High Court on Tuesday reserved orders on a petition filed by former Chief Minister N Chandrababu Naidu seeking quashing of an FIR filed against him by the police in the Skill Development Corporation scam case. The court heard the arguments from the legal counsels of Naidu and the AP Crime Investigation Department. Senior counsels Harish Salve and Siddarth Luthra representing Naidu argued that the CID did not obtain prior permission from the Governor as it is a mandatory requirement for police to seek prior approval for conducting any inquiry or investigation into any offence alleged to have been committed by a public servant. Mukul Rohatgi, on behalf of the CID, argued that Section 17(A) of CrPC is not applicable to the TDP supremo and informed the court that an intensive investigation is required in the case further. He also said there was an embezzlement of government funds which should be taken up seriously. Chandrababu Naidu was arrested on September 9, in .

Proper procedures followed while arresting Naidu in fraud case: Andhra CID

Andhra Pradesh Crime Investigation Department chief N Sanjay on Sunday said proper procedures were followed while arresting former chief minister N Chandrababu Naidu in the Rs 371-crore alleged fraud case and rejected allegations by the TDP chief's son Nara Lokesh that its action was in violation of laws. Sanjay, who briefed media along with Additional Advocate General P Sudhakar Reddy, said the agency was under "pressure" to clarify the facts related to the Skill Development Corporation scam that occurred in 2015-16 in Andhra Pradesh as several TDP leaders were spreading "misformation." Naidu is currently in judicial remand for his alleged role in this scam and has filed two petitions in the High Court which is scheduled to hear the matter on September 19. "When accused go about misleading and misforming, it's CID's responsibility to put forward their option to clarify. ... Several political leaders are going around giving their version and there is so much mudslinging against the

Chandrababu Naidu is prime conspirator in APSD scam: Andhra CID ADG

Naidu in his capacity influenced and orchestrated and mooted the whole idea and this was also figured by CID and ED as proceeds of crime, he said

CM Jagan lashes out at Naidu over Andhra Skill Development Corp scam

Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on Saturday lambasted TDP chief N Chandrababu Naidu, accusing him of being the 'chief architect' of the multi-crore AP Skill Development Corporation scam. The CM also attacked select media houses for 'backing' the former CM despite his alleged involvement in several irregularities over the past decades. Not just state government agencies but also the Enforcement Directorate (ED) has arrested those involved in this fake agreement (skill development case).. the person who orchestrated this scam is Chandrababu Naidu, said Reddy, addressing a public meeting in Nidadavolu in East Godavari. It has been established that Naidu had channeled the scam amount through shell companies, ED found how it was routed and the Income Tax department served notices, he added. Naidu is currently lodged in a jail in Rajamahendravaram after being remanded in judicial custody for 14 days by a court for his alleged involvement in the scam. The CM also reca

ED arrests Anil Kumar Meena, RPSC member Babulal Katara in paper leak case

The Enforcement Directorate has arrested Babulal Katara, Member of Rajasthan Public Service Commission (RPSC), and Anil Kumar Meena in connection with the Paper Leak case in Rajasthan, officials said Saturday. Katara and Meena were arrested under the provisions of Prevention of Money Laundering Act and sent to the custody of ED for three days by a special court, they said. The Directorate had taken over the case filed by Rajasthan Police in connection with the leak of the General Knowledge paper conducted by RPSC for the recruitment of Senior Teacher Grade II between December 21 and 24, 2022. It is alleged that Katara leaked the paper and sold it to Meena who through his syndicate supplied it to candidates for Rs 8-10 lakh, they said. "Earlier, ED conducted a search at 15 premises of accused persons on 05.06.2023, resulting in recovery of incriminating documents/digital records. Further, ED has also provisionally attached movable & immovable properties worth Rs 3.11 Crore (approx)

Actor Govinda to be questioned in Rs 1,000 cr online ponzi scam: Report

Authorities at Odisha's economic offences wing (EOW) stated that at present, Govinda is neither a suspect nor an accused

HC stays CID petition seeking Chandrababu's custody in multi-cr scam case

The Andhra Pradesh High Court on Wednesday stayed the proceedings in a petition filed by the state CID seeking the custody of TDP chief N Chandrababu Naidu in connection with the multi-crore Skill Development Corporation scam, till September 18. The court which was hearing a petition filed by Naidu requesting quashing the FIR registered against him in the case, posted for further hearing on September 19. The court also directed the Andhra Pradesh Crime Investigation Department to file its reply. The former chief minister was represented by senior Supreme Court counsel Sidharth Luthra, while Additional Advocate General P Sudhakar Reddy put forward the government's view. The TDP chief was sent to judicial remand and is currently lodged in a Central Prison in Rajamahendravaram in a case registered by the Andhra Pradesh CID. Later, the CID filed a petition in the ACB Court seeking the custody of Naidu for 15 days for questioning with regard to the case. Naidu was arrested in connecti

Indian American arrested in US in $13 mn tech fraud, faces 20 yrs in prison

An Indian American has been arrested in New Jersey on charge of being part of a technical support scam that targeted more than 7,000 victims defrauding them of more than USD 13 million, a US Attorney announced Thursday. Charged with one count of conspiracy to commit wire fraud, Manoj Yadav appeared before US Magistrate Judge Jos R. Almonte in Newark federal court. "The defendant and his conspirators are alleged to have misled their numerous victims into thinking that they were a legitimate technology support company affiliated with a major software company," US Attorney Philip R Sellinger said. After claiming to provide technical support for issues involving the software company's popular accounting software, they allegedly charged the victims exorbitant fees for purported support services that were not authorized by the software company, he alleged. "We allege Yadav lied to software users and forced them to pay for services that would usually come free with their initial purchase,

HC grants bail to ex-MP Vijay Darda, his son Jayaswal in coal scam case

The Delhi High Court on Friday gave interim bail to former Rajya Sabha MP Vijay Darda, his son Devender and businessman Manoj Kumar Jayaswal, who were sentenced to four years in jail in a case related to irregularities in the allocation of a coal block in Chhattisgarh. Justice Dinesh Kumar Sharma issued notice and sought the Central Bureau of Investigation's response on appeals filed by the three men challenging their conviction and sentence in the case. The high court also asked the CBI to file its response to the convicts pleas seeking suspension of their four-year jail term. The Dardas and Jayaswal, who were on bail during the trial, were taken into custody on July 26, immediately after the trial court passed the sentencing order. The CBI counsel opposed the plea for suspension of the sentence and said they will file a detailed reply. The high court has listed the matter for further hearing on September 26.

Kolkata police issues warning about WhatsApp hacking, says not to share OTP

Kolkata police issued a warning against fraudsters, who are hacking users' Facebook profiles and connecting with the people in their friend lists through Messenger and asking for money

WB teachers' recruitment 'scam': ED attaches assets of expelled TMC workers

Assets worth more than Rs 15 crore of expelled TMC youth wing leaders Kuntal Ghosh and Santanu Banerjee and another person have been attached in connection with a money laundering probe into the alleged West Bengal school teachers' recruitment scam, the ED said on Friday. The attached properties are in the form of bank accounts, shares, mutual funds, residential flats and land, the agency said in a statement. The total value of the provisionally attached assets, seized under the Prevention of Money Laundering Act, is Rs 15.03 crore. They belong to accused persons Ghosh, Banerjee and Ayan Sil who "acted as agents in the illegal collection of money from aspiring candidates for the posts of primary teacher", it alleged. The Enforcement Directorate (ED) had earlier arrested the three and Sil is an alleged associate of Banerjee. Former TMC leader and West Bengal education minister Partha Chatterjee, his alleged associate Arpita Mukherjee, TMC MLA and former president of the West Bengal .

CBI files chargesheet against Tejashwi, Lalu, Rabri in land-for-job scam

The case pertains to an alleged scam in the railway recruitment processes when Lalu Prasad was the Union Railways minister from 2004 to 2009

TN governor reserves dismissal order of Senthil Balaji to consult AG

Tamil Nadu Governor R N Ravi has decided to keep the dismissal order of state minister V Senthil Balaji in abeyance for the time being and informed Chief Minister M K Stalin about it, sources said on Thursday. In a late evening communication to the chief minister, the governor said he would consult the attorney general and seek his legal opinion about the move. The order to dismiss Balaji from the Council of Ministers has been kept in abeyance by the governor until further communication, the sources said. Earlier, the governor had dismissed Balaji from the Council of Ministers, days after his arrest by the Enforcement Directorate (ED) in an alleged cash-for-jobs scam. Stalin had said the state government would challenge the governor's decision legally. In an official release, the Raj Bhavan in Chennai had said, "There are reasonable apprehensions that the continuation of V Senthil Balaji in the Council of Ministers will adversely impact the due process of law, including fair ...

Karnataka govt to reopen Bitcoin scam, to get it probed thoroughly

The Congress government in Karnataka on Tuesday said it will get the Bitcoin scam taken place during the previous BJP government thoroughly investigated. The case is likely to be handed over to the Criminal Investigation Department (CID), Home Minister Dr Parameshwara has hinted. Speaking to reporters in Hassan today, CM Siddaramaiah said all irregularities and scams of the BJP government including the Bitcoin scam will be probed. Parameshwara charged that the BJP tried to close the matter but the Congress government will get it investigated. "Regarding Bitcoin, I have said that whatever incident has happened will be thoroughly investigated. For whatever reason, the previous government had closed it. When we were in the opposition, we had said that we will get it investigated if we come to power. We will take all steps to reinvestigate it, Parameshwara told reporters here. He also said the Bengaluru Police Commissioner has written to the Director General of Police recommending tha

Oppn can only guarantee corruption, says PM; cites list of scam allegations

Prime Minister Narendra Modi on Tuesday said the opposition leaders who gathered in Patna recently in an effort to create a united front against the BJP can 'guarantee' scams of at least Rs 20 lakh crore. During an interaction with the Bharatiya Janata Party's (BJP) booth workers here, he said the Opposition can only guarantee scams, and went on to recount the corruption allegations against various parties, from the RJD in Bihar to the DMK in Tamil Nadu. The kind of uneasiness visible these days among the parties opposed to the BJP was not there in 2014 and 2019. Those cursing each other fervently are now prostrating before each other. It is their compulsion, and their actions clearly indicate that the people of the country have again decided to give the BJP a landslide victory, Modi said at his party's 'Mera Booth Sabse Majboot' programme. A new word is getting popular these days and that is guarantee. All these parties are a guarantee of corruption. They are a guarantee of scams .

YES Bank-DHFL scam: Court says nation is victim, denies bail to realtor

A special CBI court here has denied bail to Pune-based builder Avinash Bhosale in connection with a case pertaining to the Yes Bank-DHFL scam, saying the nation is the victim of cheating and criminal conspiracy. The court said that prima facie Bhosale's involvement in this serious economic offence is deep-rooted. While Special Judge M G Deshpande denied bail to Bhosale on June 23, the detailed order was available on Tuesday. The court said that Yes Bank's money, which is basically public money and the wealth of the nation, was usurped. The bank was cheated by wisely hatching criminal conspiracy by accused persons. Money of Yes Bank is the wealth of the Nation. Nation is victim of this offence of cheating and criminal conspiracy, the court said, declining to give relief to Bhosale. The special judge said that the way the fraud was committed, granting bail to the applicant (Bhosale) is not safe and there is every possibility of spoiling the case by tampering with the evidence and ..