Bank Fraud Case

British court will hear on December 14 an appeal filed by fugitive diamond merchant Nirav Modi against his extradition from UK to India to face charges of fraud and money laundering in the estimated USD 2-billion Punjab National Bank (PNB) scam case.

The Delhi Police Economic Offences Wing has served a notice to Niira Radia and other promoters and directors of Nayati Healthcare and research NCR Pvt Ltd to join probe in connection with alleged embezzlement of over Rs 300 crore of bank loan.

A bankruptcy court in New York has dismissed a petition of fugitive diamond merchant Nirav Modi and his associates, seeking dismissal of fraud allegations against them.

The CBI has registered an FIR against Trimax IT Infrastructure and Services Ltd and its directors for allegedly cheating the State Bank of India-led consortium to the tune of over Rs 862.06 crore between 2009 and 2017, officials said on Monday.

A special court in Pune sentenced four people to jail and slapped a fine of Rs 1 crore each on Varron Aluminium Pvt. Ltd. and Varron Auto Comp Pvt. Ltd. on Tuesday in a Rs 300 crore scam.

The building, worth over Rs 190 crore, was attached in an alleged bank fraud case against former Bhushan Power and Steel Limited chief Sanjay Singal.

Huawei Chief Financial Officer Meng Wanzhou flew home to China on Friday after reaching an agreement with US prosecutors to end the bank fraud case against her, relieving a point of tension between China and the United States.

Huawei CFO Meng Wanzhou flew home to China after reaching an agreement with US prosecutors to end the bank fraud case against her, relieving a point of tension between China and the United States.

Yes Bank founder Rana Kapoor has approached the Bombay High Court, challenging a special court's order from August this year that had remanded him in police custody for a week in a multi-crore loan fraud case.

The CBI has registered a case against Indian Technomach Co Ltd, its promoter and CMD Rakesh Kumar Sharma, and others for allegedly defrauding a consortium of 16 banks led by Bank of India to the tune of over Rs 1,528 crore, officials said

Accused-turned-approver Rajiv Saxena in AgustaWestland chopper scam case, has been arrested by the Enforcement Directorate (ED) in a connection with an alleged bank loan fraud case.

A Delhi court on Friday dismissed the bail application of Ambience group promoter Raj Singh Gehlot in a money laundering case linked to an alleged bank loan fraud of Rs 800 crore.

CBI Joint Director Manoj Sashidhar who is heading the probe into the bank fraud case involving Vijay Mallya and several other high-profile investigations is among the 30 agency personnel who have been awarded service medals by the President.

The Enforcement Directorate has arrested a chartered accountant in Delhi in connection with a money laundering probe against Shakti Bhog Foods Ltd in an alleged Rs 3,269 crore bank fraud case, the agency said on Saturday.

The CBI has filed an FIR against Amrapali Biotech and its directors over alleged fraud to the tune of Rs 47.97 crore in Punjab National Bank, officials said today.

British court will hear on December 14 an appeal filed by fugitive diamond merchant Nirav Modi against his extradition from UK to India to face charges of fraud and money laundering in the estimated USD 2-billion Punjab National Bank (PNB) scam case.

The Delhi Police Economic Offences Wing has served a notice to Niira Radia and other promoters and directors of Nayati Healthcare and research NCR Pvt Ltd to join probe in connection with alleged embezzlement of over Rs 300 crore of bank loan.

A bankruptcy court in New York has dismissed a petition of fugitive diamond merchant Nirav Modi and his associates, seeking dismissal of fraud allegations against them.

The CBI has registered an FIR against Trimax IT Infrastructure and Services Ltd and its directors for allegedly cheating the State Bank of India-led consortium to the tune of over Rs 862.06 crore between 2009 and 2017, officials said on Monday.

A special court in Pune sentenced four people to jail and slapped a fine of Rs 1 crore each on Varron Aluminium Pvt. Ltd. and Varron Auto Comp Pvt. Ltd. on Tuesday in a Rs 300 crore scam.

The building, worth over Rs 190 crore, was attached in an alleged bank fraud case against former Bhushan Power and Steel Limited chief Sanjay Singal.

Huawei Chief Financial Officer Meng Wanzhou flew home to China on Friday after reaching an agreement with US prosecutors to end the bank fraud case against her, relieving a point of tension between China and the United States.

Huawei CFO Meng Wanzhou flew home to China after reaching an agreement with US prosecutors to end the bank fraud case against her, relieving a point of tension between China and the United States.

Yes Bank founder Rana Kapoor has approached the Bombay High Court, challenging a special court's order from August this year that had remanded him in police custody for a week in a multi-crore loan fraud case.

The CBI has registered a case against Indian Technomach Co Ltd, its promoter and CMD Rakesh Kumar Sharma, and others for allegedly defrauding a consortium of 16 banks led by Bank of India to the tune of over Rs 1,528 crore, officials said

Accused-turned-approver Rajiv Saxena in AgustaWestland chopper scam case, has been arrested by the Enforcement Directorate (ED) in a connection with an alleged bank loan fraud case.

A Delhi court on Friday dismissed the bail application of Ambience group promoter Raj Singh Gehlot in a money laundering case linked to an alleged bank loan fraud of Rs 800 crore.

CBI Joint Director Manoj Sashidhar who is heading the probe into the bank fraud case involving Vijay Mallya and several other high-profile investigations is among the 30 agency personnel who have been awarded service medals by the President.

The Enforcement Directorate has arrested a chartered accountant in Delhi in connection with a money laundering probe against Shakti Bhog Foods Ltd in an alleged Rs 3,269 crore bank fraud case, the agency said on Saturday.

The CBI has filed an FIR against Amrapali Biotech and its directors over alleged fraud to the tune of Rs 47.97 crore in Punjab National Bank, officials said today.