Bank fraud

CBI books Amrapali Silicon City for Rs 177-crore bank fraud, searches 6 locations

The audit also flagged that the company has diverted funds to the tune of Rs 303.18 crore as received from various home buyers to their other group companies.

published on : 28th September 2022

CBI arrests ABG Shipyard founder Rishi Agarwal in Rs 22,842 crore bank fraud case 

Agarwal was called for questioning on Wednesday at the CBI headquarters during which the investigating officer suspected that he was not co-operating in the probe.

published on : 21st September 2022

CBI files charge sheet against Rana Kapoor, Gautam Thapar in Yes Bank fraud 

CBI had in June 2021 registered a case against Oyster Buildwell and others on a complaint from Yes Bank.

published on : 19th September 2022

DHFL bank fraud: Court grants interim bail to businessman in Rs 34,615 crore scam

The application seeking bail disclosed medical grounds for release which were corroborated by the report from the Medical Officer In-charge of the jail dispensary, the judge noted.

published on : 31st August 2022

Congress demands CBI probe into Cooperative bank scam in Kerala

Pointing out that there is some lapse in the present deposit guarantee scheme in the cooperative banks, Congress demanded that the CM provide guarantee to the whole amount deposited by people.

published on : 30th July 2022

CBI books DHFL in 'biggest' banking fraud of Rs 34,615 crore; 17 banks hit

The action came on a complaint from the Union Bank of India (UBI), leader of 17-member lender consortium which had extended credit facilities to the tune of Rs 42,871 crore between 2010 and 2018.

published on : 22nd June 2022

Man loses over Rs 50,000 in Tamil Nadu's Ramanathapuram to fake bank executive on call

Police sources said that S Navaneethakrishnan of Kadaladi had purchased a Visa Credit Card through HDFC Bank, which was in use.

published on : 16th June 2022

Bank manager arrested in Vellore for misappropriating Rs 97 lakh, forging documents

The CCIW said that field inspection by the cooperative bank officials revealed that she forged documents and signatures of beneficiaries.

published on : 2nd June 2022

ED attaches property worth crores on the basis of Kerala police FIR

According to an official statement,issued to media, the attached assets consists of gold, silver ,diamond jewellery amounts deposited in bank accounts and fixed as deposits and immovable properties. 

published on : 11th April 2022

ED attaches Rs 63 crore worth assets of GS Oils in bank fraud case

“Investigation by ED revealed that GS Oils had availed various credit facilities from SBH and UCO Bank, such as cash credit, term loans and Letters of Credit (LCs).

published on : 29th March 2022

Banks never got back money from defaulters under UPA government: Sitharaman

Sitharaman also said in the Lok Sabha that actions have been taken, including registration of FIRs, against those who have cheated small savings depositors through various fraudulent activities.

published on : 28th March 2022

Adilabad bank fraud: Main accused nabbed

District Superintendent of Police D Uday Kumar Reddy said that the accused, P Sripath Kumar, used the money for online betting.

published on : 20th March 2022

CBI awaits states’ nod to start probe on 100 cases of frauds amounting to Rs 50,000 crore

The information was disclosed in the Rajya Sabha in response to a zero-hour question raised by BJP MP Sushil Kumar Modi.

published on : 19th March 2022

Over 100 pending CBI cases worth Rs 50,000 crore of fraud await states' consent

Sources from CBI said that more than 100 requests were made in the last few years for obtaining general consent for CBI which have still not been granted by the concerned states.

published on : 18th March 2022

No PSB bank employees found involved in Rs 14,349 crore ABG Shipyard bank fraud case: Sitharaman

As many as 27 banks and financial entities were engaged in the consortium lending to ABGSL at the time of loan arrangement.

published on : 15th March 2022

Clueless on why Ajit quit Assembly, no feud in family: Sharad Pawar 

In a surprise development, senior NCP leader and former deputy chief minister of Maharashtra Ajit Pawar has tendered resignation as MLA.

published on : 27th September 2019

Malware files designed to steal money from banks grew 60 per cent in first quarter

The malware generally looks like a legitimate app, such as a banking application. When a victim tries to reach their genuine bank app, the attackers gain access to that too.

published on : 25th May 2019

Biggest bank fraud and RBI Governor's resignation mark a dismal banking year

India continued to be the fastest growing big economy during 2018 with its GDP rising at above 7 per cent, after having slipped to 6.7 per cent in the previous financial year.

published on : 18th December 2018

RBI submitted a list of high profile fraud cases to PMO: Raghuram Rajan

Noting that system has been singularly ineffective in bringing even a single high profile fraudster to book, Rajan said, frauds are different from normal non-performing assets.

published on : 11th September 2018

Punjab National Bank fraud: Interpol issues red corner notice against Nirav Modi's​​​​​​​ aide

Bhansali, who was an executive of Nirav Modi's Firestar International firm, is absconding since the probe started in the alleged USD 2 billion PNB fraud case.

published on : 6th September 2018
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