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Law Firm Fenwick & West Sued Over Alleged Role in FTX Collapse
Fenwick & West LLP is facing a $525 million lawsuit filed by a group of FTX victims who allege the firm helped conceal fraud tied to the collapsed crypto exchange. The complaint cites shell companies, internal messaging systems, and testimony from former FTX executives.
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JD Vance Announces Major Crackdown On Healthcare Fraud
Washington, May 14 (IANS) Vice President J.D. Vance announced a sweeping crackdown on alleged Medicaid and Medicare fraud, accusing several Democratic-led states -- particularly California, New York and Hawaii -- of failing to police abuse in federal
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30 Years Of Hyundai In India: 5 Things That Didn't Go Well, 5 That Did
Hyundai completes 30 years in India: five big successes that shaped the brand, and five challenges it couldn't avoid.
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2 Indian-Origin Men Charged With H-1B Fraud. They Hired For 'Ghost' Jobs
Between June 2020 and January 2023, the two submitted multiple fraudulent H-1B visa petitions using Rajidi's firm, claiming that foreign workers would be employed in roles linked to the University of California.
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Hyderbad Police Bust Major Cyber Fraud Network, 52 Arrested Across 9 States
The crackdown was carried out by multiple police teams across states including Maharashtra, Delhi, Karnataka, Telangana, and others over a week-long operation.
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Man Receives Detergent For Rs 3 Lakh GPU, Alleges 'Massive Internal Fraud' At Amazon
The man claimed that there was a "massive, organised internal fraud ring operating right out of Amazon's own logistics hubs".
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CCTV Shows Milkbasket Agent Marking Order Delivered Without Leaving Milk, Company Reacts
A customer recently shared his experience with Milkbasket, an online grocery delivery service. He claimed that he was charged for a milk order that was never delivered.
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A Promise Of CSR Funds And Rs 6.3 Crore Fraud By Fake Infosys Employees
It all began with one Gagan N Deep initiating a meeting with the Mysore Mercantile Company Limited (MMCL), claiming to be a top executive at Infosys.
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Industrialist Pawan Ruia Arrested Over Alleged Rs 315 Crore Cyber Fraud
The alleged online fraud is worth around Rs 300 crore, police sources said, suggesting that it was part of a larger racket.
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Court Drops Fraud Case Against CoinDCX Founders, Says No Evidence Found
A Thane court has ruled that there is no case against CoinDCX co-founders in an impersonation-linked fraud. The court found no evidence connecting them to the alleged scam, which was carried out by individuals posing as the founders. The decision offers relief to the company while highlighting risks of impersonation in the crypto sector.
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Two Co-Founders of Crypto Exchange CoinDCX Held on Charges of Fraud
CoinDCX founders Sumit Gupta and Neeraj Khandelwal have been arrested by Thane police for allegedly being involved in a ₹71.6‑lakh fraud. Officials say the case links them to cheating through the crypto platform. However, the company claims the FIR is false and says impersonators pretended to be its founders to fool the public and create a cons...
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Viral Video: Woman Claims To Find Worms In Amul Milk, Company Responds
A viral video from inside a kitchen shows a saucepan full of milk with what appear to be multiple worms in it.
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Google, Amazon, Microsoft and Others Join Hands to Fight Online Scams and Fraud
Multiple tech and retail giants signed an agreement to combat rising online scams and fraud on Monday. The accord was signed at the UN Global Fraud Summit in Vienna, and the signatories include the likes of Amazon, Google, Microsoft, Meta, and others. As part of the agreement, the companies have pledged to work together and share intelligence about...
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Truecaller Launches Family Protection Feature With Support for Ending Suspected Scam Calls
Truecaller on Thursday announced Family Protection in India. It is a new feature aimed at collectively safeguarding households against scam and fraud calls, creating what the company calls a “Safety Circle” for up to five people within a household. As part of the move, the caller identification app is onboarding a shared safety system that allo...
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Forged Memos, Frozen Accounts: Inside Rs 590 Crore IDFC First Bank Scam
In the IDFC First Bank scam, investigators revealed that the racket was being operated through a sophisticated network of fake companies and manipulated bank transactions.
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Law Firm Fenwick & West Sued Over Alleged Role in FTX Collapse
Fenwick & West LLP is facing a $525 million lawsuit filed by a group of FTX victims who allege the firm helped conceal fraud tied to the collapsed crypto exchange. The complaint cites shell companies, internal messaging systems, and testimony from former FTX executives.
-
JD Vance Announces Major Crackdown On Healthcare Fraud
Washington, May 14 (IANS) Vice President J.D. Vance announced a sweeping crackdown on alleged Medicaid and Medicare fraud, accusing several Democratic-led states -- particularly California, New York and Hawaii -- of failing to police abuse in federal
-
30 Years Of Hyundai In India: 5 Things That Didn't Go Well, 5 That Did
Hyundai completes 30 years in India: five big successes that shaped the brand, and five challenges it couldn't avoid.
-
2 Indian-Origin Men Charged With H-1B Fraud. They Hired For 'Ghost' Jobs
Between June 2020 and January 2023, the two submitted multiple fraudulent H-1B visa petitions using Rajidi's firm, claiming that foreign workers would be employed in roles linked to the University of California.
-
Hyderbad Police Bust Major Cyber Fraud Network, 52 Arrested Across 9 States
The crackdown was carried out by multiple police teams across states including Maharashtra, Delhi, Karnataka, Telangana, and others over a week-long operation.
-
Man Receives Detergent For Rs 3 Lakh GPU, Alleges 'Massive Internal Fraud' At Amazon
The man claimed that there was a "massive, organised internal fraud ring operating right out of Amazon's own logistics hubs".
-
CCTV Shows Milkbasket Agent Marking Order Delivered Without Leaving Milk, Company Reacts
A customer recently shared his experience with Milkbasket, an online grocery delivery service. He claimed that he was charged for a milk order that was never delivered.
-
A Promise Of CSR Funds And Rs 6.3 Crore Fraud By Fake Infosys Employees
It all began with one Gagan N Deep initiating a meeting with the Mysore Mercantile Company Limited (MMCL), claiming to be a top executive at Infosys.
-
Industrialist Pawan Ruia Arrested Over Alleged Rs 315 Crore Cyber Fraud
The alleged online fraud is worth around Rs 300 crore, police sources said, suggesting that it was part of a larger racket.
-
Court Drops Fraud Case Against CoinDCX Founders, Says No Evidence Found
A Thane court has ruled that there is no case against CoinDCX co-founders in an impersonation-linked fraud. The court found no evidence connecting them to the alleged scam, which was carried out by individuals posing as the founders. The decision offers relief to the company while highlighting risks of impersonation in the crypto sector.
-
Two Co-Founders of Crypto Exchange CoinDCX Held on Charges of Fraud
CoinDCX founders Sumit Gupta and Neeraj Khandelwal have been arrested by Thane police for allegedly being involved in a ₹71.6‑lakh fraud. Officials say the case links them to cheating through the crypto platform. However, the company claims the FIR is false and says impersonators pretended to be its founders to fool the public and create a cons...
-
Viral Video: Woman Claims To Find Worms In Amul Milk, Company Responds
A viral video from inside a kitchen shows a saucepan full of milk with what appear to be multiple worms in it.
-
Google, Amazon, Microsoft and Others Join Hands to Fight Online Scams and Fraud
Multiple tech and retail giants signed an agreement to combat rising online scams and fraud on Monday. The accord was signed at the UN Global Fraud Summit in Vienna, and the signatories include the likes of Amazon, Google, Microsoft, Meta, and others. As part of the agreement, the companies have pledged to work together and share intelligence about...
-
Truecaller Launches Family Protection Feature With Support for Ending Suspected Scam Calls
Truecaller on Thursday announced Family Protection in India. It is a new feature aimed at collectively safeguarding households against scam and fraud calls, creating what the company calls a “Safety Circle” for up to five people within a household. As part of the move, the caller identification app is onboarding a shared safety system that allo...
-
Forged Memos, Frozen Accounts: Inside Rs 590 Crore IDFC First Bank Scam
In the IDFC First Bank scam, investigators revealed that the racket was being operated through a sophisticated network of fake companies and manipulated bank transactions.
