"economic-offences-wing"

The Economic Offences Wing police station in Malkajgiri has begun operations from Neredmet, handling major financial fraud cases above specified limits, with DCP Road Safety K Manohar supervising its functioning under the city police commissioner’s direction

Five HDFC Bank employees were arrested in Shopian district, Jammu and Kashmir, over an alleged large-scale financial fraud after a complaint prompted the Economic Offences Wing of the Crime Branch to conduct searches across Shopian and Budgam district, officials said

Bollywood actress Shilpa Shetty Kundra has denied reports of an Income Tax raid at her Mumbai residence, with her legal representative clarifying that officials only conducted routine verification. The denial comes amid an ongoing Rs 60 crore fraud case registered by the Economic Offences Wing against Shetty and her husband Raj Kundra, linked to Best Deal TV Pvt. Ltd.

Karnataka Deputy Chief Minister D K Shivakumar said he will seek time from Delhi Police to appear next week in connection with the National Herald case, citing the ongoing Assembly session and seeking a copy of the FIR

The Anti-Corruption Bureau arrested Sub-Inspector Pramod Chintamani of the Pimpri Chinchwad police in Pune for allegedly demanding a Rs 2 crore bribe and accepting Rs 45.5 lakh from a lawyer representing an accused in an economic offence case

In a major administrative reshuffle, the Cyberabad Commissioner of Police transferred nine inspectors to new roles within the Commissionerate.

FIRs allege Raheja Developers fraudulently collected substantial sums from investors and homebuyers on the promise of delivering residential flats in various group housing projects

Police said that the probe was launched following a complaint by a lawyer who alleged that tickets originally priced at Rs 2,500 were being resold for as much as Rs 3 lakh.

K. Satish Chandra Gupta was arrested for allegedly being involved in forgery, cheating, and conspiracy, having collected Rs. 1.45 crore under the guise of selling plots in a fabricated and unauthorized layout.

The suspect, Vijji Jagadeesh Chandra Prasad from Kakinada, AP, along with Deepankar Barman, devised a scheme promising high returns, including 120% annual profit on investments. The suspect, Vijji Jagadeesh Chandra Prasad from Kakinada, AP, along with accomplice Deepankar Barman, devised a plan to lure investors with schemes promising high returns. Their offers included annual profits of up to 120% on the invested amount.

The fraudster M Seetha Ramaiah , a resident of Qutbullapur started a company Somasekhara Finance Corporation Chit Fund and collected amounts from different people

Grover will not be associated with BharatPe in any capacity nor be a part of the shareholding of the company, says fintech firm

The Cyberabad Economic Offences Wing (EOW) booked a case against Bhujanaga Rao following accusations of his involvement in aiding several individuals in the fabrication of documents related to a 340-acre property in Kukatpally.

"Within a span of three years they persuaded innocent people to deposit money into their venture with a promise of monthly interest apart from principal deposits.

Believing in them, K. Bhavani from Chintal along with 35 members of colony people invested in the chit groups ranging between Rs 1 lakh and Rs 5 lakh which would be conducted in the span of 20 months.

By saying that they made un-registered Development Agreement cum GPA with Surya Developers, owned by the complainant for development of residential flats and villas and collected Rs 3.13 crore.

The arrested suspects were identified as Tammineedi Sri Venkata Ramana Prasad, MD, and Kosaraju Venkata Ratnam, Marketing Agent, in JJ Infra India Pvt. Ltd. Madhapur.

According to the police, Srinath collected money from the Chartered Accountants giving various reasons, and evaded repayment and cheated them.

Hyderabad: The BJP appears to have a purifier effect on ‘tainted’ leaders who join the party. How else does one explain the phenomenon of leaders from opposition parties facing serious charges of corruption and financial irregularities suddenly turning up squeaky clean once they join the saffron party? From Himanta Biswa Sarma to Jyotiraditya Scindia, from […]

Five-member gang was arrested on charges of forging land documents and cheating a realtor to the tune of Rs 8.5 crore