Page 5 - Scams

Chhattisgarh 'liquor scam' generated Rs 2,161 cr corruption money: ED

The Enforcement Directorate (ED) has claimed that Rs 2,161 crore of corruption money was generated in the alleged "liquor scam" that began in 2019 in Chhattisgarh with the syndicate comprising senior bureaucrats of state, politicians, their associates and officials of the Excise Department. In its prosecution complaint filed on Tuesday before a special court here in a money laundering case linked to alleged liquor scam in the state, the central agency said this Rs 2,161 crore amount should have gone to the state exchequer. It named Anwar Dhebar, brother of Congress leader and Raipur Mayor Aijaz Dhebar, Managing Director of Chhattisgarh State Marketing Corporation Limited (CSMCL) Arunpati Tripathi, liquor businessman Trilok Singh Dhillon, hotelier Nitesh Purohit and Arvind Singh as accused. The 'prosecution complaint' along with relied upon documents, in 13,000 pages, was filed in the court under provisions of the Prevention of Money Laundering Act (PMLA), said ED's counsel Saurabh .

How better cyber sense, zero trust can help overcome the new 'CEO scam'

According to the recent PwC report, CEOs of Indian companies are increasing cyber investments, adjusting supply chains, and changing their physical footprint in response to geopolitical conflict

Investigate PM CARES Fund: Uddhav amid ED action in Covid facility 'scam'

Shiv Sena (UBT) chief Uddhav Thackeray on Saturday hit back at Enforcement Directorate action against some persons close to his party in an alleged jumbo COVID facility scam by seeking a probe into the PM CARES Fund. He also sought probe into the functioning of civic bodies of Nagpur, Pimpri-Chinchwad and Pune, as well as governments in Uttar Pradesh and Gujarat, all of which were or are led by the Bharatiya Janata Party, and Thane, which was controlled by the Eknath Shinde-led Shiv Sena. The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund was set up in 2020 as a public charitable trust with the aim of having a dedicated national fund to deal with distress related primarily to the COVID-19 pandemic. The Prime Minister is the chairperson and members include Defence Minister, Home Minister and Finance Minister. Addressing party workers, Thackeray dared the government to probe the working of the Brihanmumbai Municipal Corporation during the pandemic, adding

Promoting scams as funny bot will lead to suspension, says Twitter's Musk

Twitter-owner Elon Musk on Sunday said that the promotion of scams as funny/helpful bot will lead to suspension

Re-examining the Bitcoin scam case unveiled in 2021: Karnataka Minister

Karnataka Home Minister G Parameshwara on Wednesday said he was re-examining the multi-crore Bitcoin scam case, which had surfaced during the previous BJP regime in 2021. The Congress then in Opposition had accused the Basavaraj Bommai government of trying to cover it up as it "involved big names". "We (Congress) are in the government now, we are opening things. I'm re-examining the Bitcoin case, we are doing it. It's not even a month since we came to power..." Parameshwara told reporters in response to a question. The prime suspect, Srikrishna Ramesh alias Sriki , was accused of hacking the state government's e-procurement site and siphoning over Rs 11.5 crore. There were also charges of cryptocurrency theft, drug peddling and cyber fraud relating to the case. Regarding the Police Sub-Inspector (PSI) recruitment scam, the Home Minister said investigation is on in this case and the matter is also in the court. The government will do everything possible to get justice to the ...

Consumers lost $330 million to SMS scams in US in 2022, says report

Consumers lost a whopping $330 million to SMS scams in the US in 2022, more than double the losses reported in 2021 and nearly five times what people reported in 2019, a new report has shown

CM Shivraj's scams list is longer than PM Modi's abuses: Priyanka Gandhi

Chief Minister Shivraj Singh's 'scams list is longer than Prime Minister Narendra Modi's abuses', said Congress national General Secretary Priyanka Gandhi Vadra in Madhya Pradesh's Jabalpur on Monday

Pan-India online cheating gang busted, dubious loan app scam exposed

With arrest of six persons, the Police has busted a gang of online cheats who had duped over 1,900 people on pretext of loans through app 'Cash Advance', a senior official said on Monday

Planning of Bengal school recruitment scam done at WBBPE office: ED

The basic planning of the multi-crore school recruitment case was conducted at the office of the West Bengal Board of Primary Education (WBBPE)

Delhi excise scam case: Accused Sharath Reddy turns second approver

A Delhi court on Thursday allowed Sharath Chandra Reddy of Aurbindo Group, an accused in the Delhi excise policy scam case, to turn an approver in case being probed by the Enforcement Directorate (ED)

Banking fraud cases grow to 13,530 in FY23, amount halved to Rs 30,252 cr

The number of frauds in the banking sector went up to 13,530 in 2022-23 year-on-year, but the amount involved nearly halved at Rs 30,252 crore, showed a Reserve Bank data released on Tuesday. Frauds occurred predominantly in the category of digital payments (card/internet), in terms of number, said Reserve Bank's Annual Report 2022-23. However, in terms of value, frauds have been reported primarily in the loan portfolio (advances category). A total of 9,097 frauds had taken place in 2021-22 involving Rs 59,819 crore. In 2020-21, the number of frauds was 7,338 and amount involved was Rs 1,32,389 crore. "An assessment of bank group-wise fraud cases over the last three years indicates that while private sector banks reported maximum number of frauds, public sector banks continued to contribute maximum to the fraud amount during 2022-23," the report said. Data are in respect of frauds of Rs 1 lakh and above reported during the three years. The report said there was a 55 per cent decl

50% of Indian firms victims of spear phishing in last 12 months, shows data

India has the highest number of suspicious emails per day, as per Barracuda Networks' 2023 Spear-phishing Trends report

The UK a tax haven?

Is the UK providing refuge to India's absconding financial scamsters?

Significant percentage of Indians fall victim to online travel scams: Rpt

With the rise in tourism in the country post Covid, the sector is also witnessing an increase in online travel scams as a significant percentage of travellers have been duped while trying book holidays to save money, a report said on Sunday. About 51 per cent of Indian respondents have fallen victim to online scams while trying to save money when booking travel, according to the 'Safer Holidays' Travel report by McAfee Corp. The report also revealed that 77 per cent of those who had money stolen have lost up to USD 1,000 (Rs 83,000) before their trip has even begun. The Safer Holidays Travel report is based on a survey among 7,000 people across seven countries, including 1,010 from India. The report further revealed that 66 per cent of all Indian vacationers said they will travel domestically this year and 42 per cent will do so internationally. In today's economic environment, Indian adults are more likely to seek out a bargain deal online (54 per cent), move quickly to snap up a

School jobs scam: CBI visits Bengal board of secondary education office

As part of the ongoing court-monitored investigations into the irregularities in secondary school job recruitments by central agencies, CBI on Sunday visited the headquarters of West Bengal Board of Secondary Education (WBBSE). A senior WBBSE told PTI that a CBI officer visited Nivedita Bhavan, the headquarters of the board, at Salt Lake township in the afternoon and went through some documents. "Our staff extended all cooperation to them. It was not that a CBI team raided our office. One CBI officer came, apparently as part of the ongoing probe, and went through some papers after unlocking a few rooms. He then left," the official said. He said WBBSE stood for transparency in the system. "Investigations are continuing and if there has been any irregularity in the past, the board will do whatever is asked by agencies to correct them. We have nothing else to comment on this," he said. Several people were arrested by CBI and ED in connection with alleged irregularities in the recruit

500 mn cyberattacks blocked in India in Q1 2023, attacks grew 29% globally

500 million cyberattacks were blocked in India out of 1 billion global attacks, representing a sharp increase of over 29 per cent in the number of cyberattacks in Q1, 2023, globally

Artificial imposter: How AI technology fuelling rise in online voice scams

The artificial intelligence survey was conducted by MSI Research via an online questionnaire between April 13 and April 19, 2023 among a sample of 7,054 adults aged 18 and over from seven countries

CBI raids Trinamool MLA's residence regarding teachers' recruitment scam

Another elected legislator of ruling Trinamool Congress has come under the scanner of the CBI probing the multi-crore teachers' recruitment scam in West Bengal

Gauhati HC grants bail to Rakesh Paul, prime accused in cash for jobs scam

Former chairman of Assam Public Service Commission (APSC) Rakesh Paul, prime accused in the cash for jobs scam, has been granted bail by the Gauhati High Court. The single bench of Justice Devashis Baruah granted bail to Paul on Friday in connection with a case registered at the Bhangagarh police station here related to taking bribe for giving jobs for the post of agricultural development officer. The bail was granted on the ground that he had already served one-half of the maximum period of imprisonment for the offence. Justice Barua directed Paul's release subject to certain conditions which include surrendering his passport, not to leave Guwahati without prior intimation and permission of the Special Judge, Assam and not to tamper with the evidence of the case. He has also been directed not to contact the charge sheeted witnesses, not to directly or indirectly make any inducement, threat or promise to any of the witnesses. The judge also directed him to appear before the Specia

Nithyananda's 'Kailasa' cons 30 US cities with "sister city" scam: Report

Self-proclaimed godman and fugitive Nithyananda's United States of Kailasa has signed a cultural partnership with over 30 American cities, a media report has said, days after the city of Newark in the US state of New Jersey said it rescinded a sister-city agreement with the fictional country. The sister-city agreement between Newark and the fake United States of Kailasa was inked on January 12 this year and the signing ceremony took place at City Hall in Newark. Nityananda, whose mind-bending spiritual homilies wrapped in a sheen of pseudo-science has provided much mirth on social media, claims to have set up a country called the "United States of Kailasa" in 2019. According to its website, there are over 30 American cities that have signed a cultural partnership with the fake nation of Kailasa --- cities from Richmond, Virginia to Dayton, Ohio, to Buena Park, Florida literally all over the map, according to a Fox news report on Thursday. The report said that we are finding out the