Fraud

"Preparations Completed": Mumbai's High-Security Arthur Road Jail Awaits Nirav Modi

India News | Press Trust of India | Friday February 26, 2021

With a UK court ruling in favour of extradition of fugitive diamond merchant Nirav Modi, wanted in India on charges of fraud and money laundering in Punjab National Bank (PNB) scam case, Mumbai's Arthur Road jail has kept a special cell ready to lodge him, an official said today.

UK Court Judgement In Nirav Modi Case "Significant Achievement", Says CBI

India News | Press Trust of India | Thursday February 25, 2021

The Central Bureau of Investigation (CBI) today termed the judgement of a UK court in the Nirav Modi's case as "significant" and said it should serve as a reminder to all fugitives, who have indulged in large value frauds, that they cannot escape the law merely by changing their countries of residence.

Nirav Modi Can Be Extradited To India, Says UK Court

India News | Reported by Radhika Iyer, Edited by Deepshikha Ghosh | Thursday February 25, 2021

Jeweller Nirav Modi, wanted for fraud and money laundering in the Rs 14,000-crore Punjab National Bank (PNB) loan scam, can be extradited to India, a UK judge ruled today, dismissing arguments like his mental health worsening during the pandemic and poor Indian prison conditions.

"Satisfied There's Evidence Nirav Modi Could Be Convicted": UK Judge

India News | Edited by Divyanshu Dutta Roy | Thursday February 25, 2021

A UK court ruling in the nearly two-year-long legal battle of jeweller Nirav Modi's extradition, who is wanted for fraud and money laundering in the Rs 14,000-crore Punjab National Bank (PNB) scam, has said "I am satisfied that there is evidence that Mr Modi could be convicted". Nirav Modi, 49, is appearing via video conferencing from Wandsworth Pr...

Probe Agency Raids Delhi Firm In Alleged Rs 800-Crore Bank Fraud Case

India News | Press Trust of India | Wednesday February 24, 2021

The Enforcement Directorate (ED) on Wednesday said it has raided a Delhi-based company and is probing two other entities in connection with a money laundering case linked to alleged bank loan frauds of over Rs 800 crore.

2 Indians Plead Guilty In US In Multimillion-Dollar Robocalls Fraud, Thousands Duped

Indians Abroad | Press Trust of India | Tuesday February 23, 2021

Two Indian nationals have pleaded guilty to conspiracy and identity theft in connection with an overseas multi-million dollar robocall scam that defrauded thousands in the US, mostly elderly, the Department of Justice has said.

4 Arrested In Noida For Duping People At ATMs Using Tricks Learnt Online: Police

Noida News | Press Trust of India | Monday February 22, 2021

The Noida Police on Monday said they have arrested four men for duping people in Delhi NCR by withdrawing money from their bank accounts after changing their ATM cards using tricks they learnt from YouTube.

Odisha Doctor Cheated Of Rs 77 Lakh By Cyber Fraudsters

India News | Press Trust of India | Friday February 19, 2021

A person called the doctor over the phone and told him to provide his bank details, including the CVV number of his ATM card on the pretext to activate his ATM card which have been blocked, the police said.

Digital Intelligence Unit Planned by Government to Help Deal With Fraudulent Transactions and Telecom Frauds

Jagmeet Singh | Wednesday February 17, 2021

The government is setting up a nodal agency called Digital Intelligence Unit (DIU) to work with law enforcement agencies, financial institutions, and telecom service providers for investigating fraudulent activities involving telecom resources. Electronics and Information Technology Minister Ravi Shankar Prasad on Monday chaired a high-level meetin...

Google to Pay EUR 1.1-Million Fine Over Hotel Ranking Practices, French Finance Ministry Says

Gadgets 360 Staff With Inputs From AP | Tuesday February 16, 2021

Google Ireland and Google France have agreed to pay a EUR 1.1-million (roughly Rs. 10 crore) fine after a probe found that Google's hotel rankings could be misleading for consumers, France's finance ministry and fraud watchdog said.

Indian, Who Played Key Role In Telemarket Fraudster Scheme, Jailed In US

Indians Abroad | Press Trust of India | Sunday February 14, 2021

A 32-year-old Indian national who played a key role in a telemarketing fraud scheme has been sentenced to two years in federal prison, the Department of Justice has said.

Enforcement Directorate Attaches Assets Worth Over 20 Crores Of J&K Industrialist

India News | Press Trust of India | Friday February 12, 2021

The Enforcement Directorate (ED) on Thursday said it has attached assets worth over Rs 20 crore of a Jammu and Kashmir-based industrialist in an alleged loan fraud case involving the Bank of India (BoI).

Jammu And Kashmir Industrialist's Assets Attached In Bank Fraud Case

India News | ANI | Thursday February 11, 2021

Directorate of Enforcement (ED), has provisionally attached assets worth Rs 20.25 crores in the form of immovable properties in possession of one of the accused Raj Kumar Gupta, an industrialist in Jammu and Kashmir in Bank of India loan case.

The Mandalorian Star Gina Carano Fired by Disney Over Offensive Comments on Social Media

Akhil Arora | Thursday February 11, 2021

The Mandalorian star Gina Carano has been fired from the Star Wars universe, Disney and Lucasfilm have announced, in the wake of (more) offensive comments posted by Carano on her social media accounts.

Enforcement Directorate Arrests Chairman Of Kerala Firm In Fraud Case

India News | Press Trust of India | Thursday February 11, 2021

The Enforcement Directorate on Wednesday said it has arrested the chairman-cum-managing director of a Kerala-based company in a money laundering probe linked to an alleged cheating case.