Illegal Accounts

India's Financial Intelligence Unit (FIU) on Friday imposed a penalty of Rs. 5,49,00,000 ($662,565) on Paytm's banking arm, Paytm Payments Bank, for violations in reporting illegal money routed through its accounts, the country's finance ministry said.

China on Friday announced that it had shut 67,000 accounts and deleted 1.4 million posts between March 10 and May 22 as part of the country's efforts to "clean" its cyberspace and make it easier for authorities to control. The Cyberspace Administration of China (CAC) said a two-month probe into alleged misinformation, illegal profiteering, and impe...

In a relief to Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and his wife, Bushra Bibi, in the Toshakhana case, the Islamabad High Court on Saturday declared the notices issued by National Accountability Bureau as illegal, reported Geo News.

The Enforcement Directorate Friday said it has frozen 93 bank accounts and seized Rs 3.44 crore as part of a money laundering investigation linked to an illegal online betting case in Gujarat.

The government is working on a Digital India Act to incorporate new rules for stopping internet-aided circulation of illegal, criminal and child sexual abuse material, Union Minister Rajeev Chandrashekhar said on Friday.

Twitter users can appeal account suspension starting February 2023 under the new criteria for account suspension and reinstatement announced by the company. Under the new criteria, Twitter will take less severe action, in comparison to account suspension. Elon Musk came under fire for suspending the accounts of several journalists in December.

The Cyberspace Administration of China on Wednesday announced that the regulator would revise its rules to require social media and online account operators to improve their review and management of comments. The watchdog's announcement comes as authorities in China are tightening their policing of the Internet and what topics the public is allowed...

Xiaomi India misled banker Deutsche Bank for years, by claiming it had an agreement for payment of royalties when it had none, according to legal documents. One of Xiaomi's four bank accounts in India frozen by the ED is at Deutsche Bank. The company denies wrongdoing and approached an Indian court arguing its payments were legitimate and that the ...

The Home Ministry recently asked law enforcement in states and Union territories to take urgent and strict action against predatory lending apps as harassment, blackmail and harsh recovery practices by such Chinese-controlled entities have led to multiple incidents of death by suicide. The ministry said it was a form of organised cybercrime that ...

Telangana Rashtra Samithi (TRS) on Saturday filed a complaint to the Election Commission of India (ECI) alleging that Bhartiya Janata Party (BJP) candidate illegally deposited money into BJP leaders' bank accounts to distribute to the voters.

According to reports, Pakistan's former ruling party leaders violated the Foreign Exchange Act and were declared as beneficiaries of suspicious bank accounts

The government and the Reserve Bank of India have urged Google to introduce tight checks to help curb the use of illegal digital lending applications in India. Google has been asked to ensure that only whitelisted loan apps are available for download on the Google Play Store. As per RBI’s digital lending norms, all loan disbursals and repayments ...

Congress leader Jairam Ramesh said they will present "a true and factual account" of the events before the court in the case filed by Union minister Smriti Irani against them after they accused her daughter of illegally running a bar in Goa.

The Enforcement Directorate on Friday said it has seized Rs 11.88 crore cash kept in bank accounts of Pankaj Mishra, the political representative of Jharkhand Chief Minister Hemant Soren, and others as part of a money laundering investigation.

Chainalysis, a blockchain analytics firm, has released a new report focusing on illicit activity on blockchains, noting that DeFi protocols are a popular target for hackers and that money laundering in the sector has increased in the last two years.

India's Financial Intelligence Unit (FIU) on Friday imposed a penalty of Rs. 5,49,00,000 ($662,565) on Paytm's banking arm, Paytm Payments Bank, for violations in reporting illegal money routed through its accounts, the country's finance ministry said.

China on Friday announced that it had shut 67,000 accounts and deleted 1.4 million posts between March 10 and May 22 as part of the country's efforts to "clean" its cyberspace and make it easier for authorities to control. The Cyberspace Administration of China (CAC) said a two-month probe into alleged misinformation, illegal profiteering, and impe...

In a relief to Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and his wife, Bushra Bibi, in the Toshakhana case, the Islamabad High Court on Saturday declared the notices issued by National Accountability Bureau as illegal, reported Geo News.

The Enforcement Directorate Friday said it has frozen 93 bank accounts and seized Rs 3.44 crore as part of a money laundering investigation linked to an illegal online betting case in Gujarat.

The government is working on a Digital India Act to incorporate new rules for stopping internet-aided circulation of illegal, criminal and child sexual abuse material, Union Minister Rajeev Chandrashekhar said on Friday.

Twitter users can appeal account suspension starting February 2023 under the new criteria for account suspension and reinstatement announced by the company. Under the new criteria, Twitter will take less severe action, in comparison to account suspension. Elon Musk came under fire for suspending the accounts of several journalists in December.

The Cyberspace Administration of China on Wednesday announced that the regulator would revise its rules to require social media and online account operators to improve their review and management of comments. The watchdog's announcement comes as authorities in China are tightening their policing of the Internet and what topics the public is allowed...

Xiaomi India misled banker Deutsche Bank for years, by claiming it had an agreement for payment of royalties when it had none, according to legal documents. One of Xiaomi's four bank accounts in India frozen by the ED is at Deutsche Bank. The company denies wrongdoing and approached an Indian court arguing its payments were legitimate and that the ...

The Home Ministry recently asked law enforcement in states and Union territories to take urgent and strict action against predatory lending apps as harassment, blackmail and harsh recovery practices by such Chinese-controlled entities have led to multiple incidents of death by suicide. The ministry said it was a form of organised cybercrime that ...

Telangana Rashtra Samithi (TRS) on Saturday filed a complaint to the Election Commission of India (ECI) alleging that Bhartiya Janata Party (BJP) candidate illegally deposited money into BJP leaders' bank accounts to distribute to the voters.

According to reports, Pakistan's former ruling party leaders violated the Foreign Exchange Act and were declared as beneficiaries of suspicious bank accounts

The government and the Reserve Bank of India have urged Google to introduce tight checks to help curb the use of illegal digital lending applications in India. Google has been asked to ensure that only whitelisted loan apps are available for download on the Google Play Store. As per RBI’s digital lending norms, all loan disbursals and repayments ...

Congress leader Jairam Ramesh said they will present "a true and factual account" of the events before the court in the case filed by Union minister Smriti Irani against them after they accused her daughter of illegally running a bar in Goa.

The Enforcement Directorate on Friday said it has seized Rs 11.88 crore cash kept in bank accounts of Pankaj Mishra, the political representative of Jharkhand Chief Minister Hemant Soren, and others as part of a money laundering investigation.

Chainalysis, a blockchain analytics firm, has released a new report focusing on illicit activity on blockchains, noting that DeFi protocols are a popular target for hackers and that money laundering in the sector has increased in the last two years.