2 Russians charged in international malware scheme
The Justice Department unsealed charges Thursday against two Russian men in what authoriti...
Forensic audit on PMC scam expected by month-end: Shaktikanta Das
"There is a forensic audit underway. We will get the report by the end of t...
Bank fraud: Ratul Puri moves bail plea, court seeks ED's response
Special judge Arvind Kumar issued notice to the ED and directed it to file ...
Paytm's Vijay Shekhar Sharma cautions customers of scam messages and emails
A huge number of Paytm user have already approached the company’s cyber cell and RBI's ombudsman.
Bank fraud: ED attaches over Rs 56 cr assets of Ahmedabad company
An Ahmedabad-based company's assets worth over Rs 56 crore have been attached in connection with a bank fraud and money laundering case, the Enforcement Directorate
Rs 7,000-cr bank fraud: CBI registers 35 cases, searches 169 places
The CBI is conducting searches in 169 locations across the country in connection with 35 bank fraud cases, which were registered by it and i...
CBI searches 190 locations in bank fraud cases worth over Rs 7200 crore
The cases pertain to State Bank of India, Punjab National Bank, Andhra Bank, Oriental Bank of Commerce, Indian Overseas Bank, Allahabad Bank, Canara Bank, Dena Bank, Punjab and Sind Bank, Central Bank of India, Union Bank of India, IDBI Bank, Bank of Baroda, Bank of Maharashtra and Bank of India.
PMC Bank Fraud: HDIL promoters offer to sell their assets for making payments
HDIL promoters Rakesh and Sarang Wadhawan on Wednesday wrote a letter requesting the agencies to sell off their attached assets at the fair ...
Grant Thornton to investigate Rs 4,355-crore PMC Bank fraud
PMC appointed the forensic auditor at the behest of the Economic Offences Wing (EOW) of the Mumbai police.
Setback for ED in Sterling Biotech bank fraud case
The tribunal has dismissed ED’s appeal filed against a scathing order passed by the agency’s adjudicating authority last year.
Bank fraud: ED attaches assets of over Rs 4,000 crore of Bhushan Steel
The central probe agency said it has attached land, building, plant and machinery of the firm located in Odisha under the provision of the Prevention of Money Laundering Act (PMLA). .
Bank fraud: ED arrests Ahmedabad firm CMD with Interpol's help
Sunil Surendrakumar Kakkad, the chief managing director of Sai Infosystem (I) Ltd, was arrested under the Prevention of Money Laundering Act (PMLA).
PMC showed funds siphoned off by HDIL promoters as loan, shows probe
Entire amount of over Rs 6,500 crore was withdrawn fraudulently using this modus operandi, said sources.
PMC Bank depositors protest outside RBI headquarters
A police personnel says around 100 depositors, including women, raised placards and chanted slogans against PMC Bank and the RBI today during a protest outside the Reserve Bank headquarters in Mumbai demanding the return of their funds.
The biggest lessons for India from the PMC Bank fiasco
HDIL’s hijacking of PMC is just the latest in the subversion of co-op banks by the influential & crooked.
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