"bank-fraud"

The CBI conducted raids in Kolkata on offices and residences of promoters of a finance company over an alleged Rs 1,000 crore bank fraud. The companies allegedly siphoned funds from multiple banks between 2014-2020, defaulting on repayments

Ministry of Home Affairs' 'kill switch' and RBI's insurance proposals to combat digital arrest scams and protect customers deserve serious consideration

The Supreme Court granted bail to former Amtek Group chairperson Arvind Dham in a Rs 27,000 crore bank fraud and money laundering case, overturning the Delhi High Court’s denial, while ED investigations revealed large-scale diversion of public funds and attached assets worth over Rs 5,115 crore

The CBI has filed a criminal case against Reliance Commercial Finance Ltd and its promoters for allegedly causing a Rs 57.47 crore loss to Bank of Maharashtra. Searches are underway at company and director premises, while the ED also probes Reliance Power

The Enforcement Directorate seized luxury vehicles, cash, and jewellery in a money laundering probe linked to a ₹1,396 crore bank fraud involving Odisha-based businessman Shakti Ranjan Dash and his firms, allegedly tied to shell transactions with Himachal's Indian Technomac Company Ltd

59-year-old government employee installs malicious APK sent by scammer posing as a bank manager; cybercrime officials urge public to avoid unknown apps and report suspicious activity

The new manager Ershad found things amiss when he saw the pledged gold which was found to be artificial gold. On further inspection there appeared to be a big scam and Ershad approached the Police.

CBI with help of Interpol has brought back a man, convicted in a case at Bangalore for defrauding the bank, from the USA.

New Delhi: The Central Bureau of Investigation (CBI) on Monday registered a case against a Mumbai-based private company over the allegations of causing a loss worth about Rs 1,438.45 crore to the State Bank of India and four other consortium member banks. The accused named in the FIR were identified as Suman Vijay Gupta, Director […]

"The issue has been referred to the Arbitration following which the Arbitration Tribunal was constituted on November 11 last year and the proceedings are in progress," the Khammam MP said.

The case was booked against the company managing partners - Ramjee Adalla and Peddapati Padmavathi, and another person Santosh Yadav

Hyderabad: The Hyderabad Central Crime Station police on Tuesday nabbed R. Venkatesh, the managing partner of Croma Automotives on charges of obtaining bank loans worth Rs 3.02 crore by submitting fake land documents. Venkatesh, a resident of Nacharam allegedly submitted fake documents of properties in Uppal Bhagayat village, Ranga Reddy district and obtained a cash […]

The attached assets are located in and around Hyderabad and Visakhapatnam and belong to Narender Kumar Patel, his family members and associates.

Special teams from New Delhi with support from their colleagues in the regional offices in Telangana and Andhra Pradesh conducted the searches in Guntur and Hyderabad.

It was alleged that, the fraud caused loss of Rs 1,229.58 lakh to the bank