All news stories and reports tagged with #Bank Fraud.
In a dramatic escalation of India's banking fraud crackdown, Anil Ambani, the once-mighty Reliance Group figurehead, returned to CBI offices Friday for day two of interrogation. The Rs 2,929 crore...
In a dramatic escalation of India's banking fraud crackdown, Anil Ambani, the once-prominent Reliance Group chairman, endured an exhaustive eight-hour grilling by the Central Bureau of Investigation...
In a high-stakes crackdown, the Enforcement Directorate struck multiple premises connected to Anil Ambani and Reliance Power on Friday morning. Agency insiders confirmed simultaneous searches at...
The financial watchdog Enforcement Directorate struck hard on Friday, swooping down on several Mumbai addresses connected to Anil Ambani and his Reliance Power operations. According to agency...
The financial woes of Anil Ambani took a dramatic turn as Enforcement Directorate teams swooped down on several Mumbai locations connected to him and Reliance Power early Friday morning. According to...
The Haryana government dropped a bombshell on the banking sector Tuesday, blacklisting IDFC First Bank and AU Small Finance Bank amid a staggering Rs 590 crore fraud scandal. Effective immediately,...
The Enforcement Directorate delivered another blow to Anil Ambani's embattled Reliance empire by freezing assets valued at ₹1,885 crore from affiliated companies. Detailed in a Wednesday press...
A new case of cyber fraud has emerged, where a man's bank account was emptied through the use of an OTP (One-Time Password). The victim has filed a report, and an investigation into the matter has...
The CBI struck a blow against banking fraudsters on Wednesday, apprehending two suspects linked to a Rs 64.82 crore swindle at Bank of India's Lucknow branch. Stemming from a January complaint, the...
The Enforcement Directorate (ED) has escalated its fight against money laundering with the attachment of ₹7.76 crore worth of land assets tied to the erstwhile Ruchi Acroni Industries Limited,...
The CBI's net has tightened around Reliance Communications, with the arrest of two senior officials in a massive bank fraud case. D. Vishwanath and Anil Kalia, key figures in the Anil Ambani-led...
The financial storm surrounding Anil Ambani intensified dramatically on Friday as Enforcement Directorate teams swooped down on around a dozen locations in Mumbai tied to him and Reliance Power...
Mumbai's Pali Hill, home to India's wealthiest, witnessed a bold ED move as the agency attached Anil Ambani's sprawling 'Abode' residence in a money laundering case tied to Reliance Communications...
IDFC First Bank has cleared all outstanding claims from the Haryana government, paying out ₹583 crore in principal and interest linked to a suspected fraud at its Chandigarh outlet. The announcement...
Gurugram's financial landscape shook as the Enforcement Directorate apprehended Arvind Kumar, ex-Resolution Professional of beleaguered Richa Industries Ltd., thrusting the spotlight back on a...
The CBI struck gold in its fight against bank fraudsters, capturing two proclaimed offenders wanted in cases totaling over Rs 14 crore. Friday's meticulously planned raids in separate cities ended...
In a major boost for the banking sector, the Enforcement Directorate has handed back seized assets totaling Rs 180.87 crore in the Zoom Developers money laundering case. The agency’s action aims to...
Delhi police have dismantled a fraudulent call center and taken 11 individuals into custody following an investigation. The perpetrators are alleged to have impersonated bank employees to deceive...
In a disturbing case of financial exploitation, a neighbor in Patna has been accused of stealing ₹33 lakh from a local teacher by tricking her minor son. Investigations revealed that the neighbor,...
The Central Bureau of Investigation (CBI) has intensified its offensive against Reliance Communications, unleashing a coordinated raid on seven premises in major cities including Mumbai, Gurugram,...