financial fraud

ED seizes flat bought with bribe money

Kommalapati Kishore Babu had systematically layered the bribe proceeds of Rs 50 lakh received from Digital PC Technologies Limited by making cash deposits in his bank accounts.

published on : 13th January 2022

Supplementary chargesheet filed in multi-thousands-crore financial fraud case at Delhi CBI special court

CBI officials said Rs. 60,000 crores from around 5.5 crore investors were allegedly collected from across the country operating different bogus and illegal investment schemes.

published on : 6th January 2022

Financial fraud in Tvm corporation: One more staffer held; BJP councillors to continue protest

Sunitha is involved in embezzling around Rs 26.7 lakh along with zonal office superintendent S Shanthi. This is the major scam reported at a zonal office

published on : 16th October 2021

'Update your KYC' online fraud on the rise in Kovai

The police have found that the fraudsters operate from northern States and have decided to investigate the cases with help from the concerned State police.

published on : 8th October 2021

Laxity or cover-up? Police knew Monson Mavunkal was fraudster 2 years ago

It is learnt that a few weeks later, another report was filed by the special branch underlining the allegations.

published on : 28th September 2021

Monson Mavunkal’s ties with Kerala leaders, top cops raise questions

Photographs of self-styled antique dealer with senior police officials, politicians surface online.Police clarify they had probed his deals when fraud first came to light  

published on : 28th September 2021

Justice N Kirubakaran to head financial fraud case committee

However, the intervenors in the petition claimed before Justice Pugalendhi that the total number of depositors is 45,167 and the total maturity amount is more than Rs 222 crore.

published on : 18th September 2021

Army Lieutenant Colonel posted in Secunderabad duped of Rs 1 lakh by scamster

In the complaint, the officer stated that he received a call from an unknown person identifying himself as an employee of a mobile app company that facilitates credit card payments.

published on : 2nd August 2021

‘Helicopter brothers’ booked for defrauding couple of Rs 15 crore

The District Crime Branch police on Thursday booked two ‘helicopter brothers’ on charges of defrauding a couple of Rs 15 crore.

published on : 23rd July 2021

Kasaragod police stumble on Rs 500-crore pyramid scheme while investigating kidnap case

While around 4,300 investors in Kasaragod lost Rs 47 crore in a scheme that promised 264 per cent returns, the fraudulent scheme also has a jewellery business as a cover to launder money.

published on : 8th May 2021

Malayalam film director Shrikumar Menon arrested on financial fraud case

Sree Valsam Group of Companies filed the complaint following the repeated failure to return Rs 2 crore that the Odiyan director had borrowed to produce a film. 

published on : 7th May 2021