Search For "defraud"
Economic Offences Wing arrests man in Pune for running online ponzi scheme
Updated : 2 years, 11 months ago IST
The Economic Offences Wing, Bhubaneswar arrested an accused on March 30 from Pune for running an online ponzi scheme and defrauding thousands of people, said an official.
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Chinese nationals engaged in online fraud arrested from Sri Lanka
Updated : 2 years, 11 months ago IST
At least 39 Chinese nationals have been arrested by the Aluthgama police in connection with online financial fraud, Daily Mirror reported. Police said the suspects had defrauded millions of money over several months through the internet from the accounts of people in different countries.
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Maharashtra: ED seizes assets worth Rs 6.69 crore in bank loan cheating ca
Updated : 2 years, 11 months ago IST
According to the officials, ED has initiated investigations under the Prevention of Money Laundering Act (PMLA) based upon an FIR registered by CBI, New Delhi against Magnum Steels and others for defrauding Bank of Baroda to the tune of Rs 95.97 crore.
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Exiled Chinese tycoon arrested in USD 1bn fraud conspiracy
Updated : 3 years ago IST
Fugitive and exiled Chinese business tycoon Guo Wengui was arrested on Wednesday (Local Time) in New York on the charge of financial conspiracy to defraud thousands of his online followers out of USD 1 billion, US Department of Justice's Southern District of New York said in a statement.<
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Pak businessman Naqvi loses final battle to US extradition on fraud charge
Updated : 3 years ago IST
In the US, prosecutors allege that Naqvi was the mastermind behind defrauding the investors, including the Bill and Melinda Gates Foundation as well as their government-run agency "Overseas Private Investment Corporation (OPIC)."
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Mumbai Police book HDIL promoters Rakesh, Sarang Wadhawan in fresh case of
Updated : 3 years, 1 month ago IST
They defrauded a company by illegally selling eight office units of its Kaledonia building in the Andheri area.
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ED files prosecution complaint against Bluemax Capital and its promoters
Updated : 3 years, 1 month ago IST
According to the agency, the case involved defrauding people by luring them to invest and trade in forex, commodities and gold by creating a fake website promising exorbitant returns. The cognizance of the offence of money laundering has been taken by the Special Court (PMLA), Madurai.
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Kolkata: ED arrests two in illegal forex trading in TPG Global
Updated : 3 years, 1 month ago IST
According to the ED, the investigation has established that Prasenjit Das and Shailesh Kumar Pandey defrauded the public under the guise of making investments in forex trading by using the platform of TPG Global FX.
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CBI registers FIR against GTL Ltd over allegations of Rs 4500 crore fraud
Updated : 3 years, 1 month ago IST
The Central Bureau of Investigation (CBI) has registered FIR against directors of GTL Ltd and others for allegedly defrauding a consortium of banks of around Rs 4,500 crores.
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Elon Musk being sued over his 'funding secured' tweet
Updated : 3 years, 2 months ago IST
Tesla's shareholders claim they were defrauded by Musk's 2018 statement that funding was "secured" to take the electric car maker private.
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Chennai: ED attaches properties of Saravana Stores in money laundering cas
Updated : 3 years, 3 months ago IST
The Directorate of Enforcement (ED) has attached immovable properties of Saravana Stores (Gold Palace) Chennai amounting to Rs 66.93 crore in relation to a money laundering case for the alleged defrauding of Axis Bank.
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Former Theranos executive Ramesh Sunny Balwani sentenced to nearly 13 year
Updated : 3 years, 3 months ago IST
In a statement, U.S. Attorney's Office said Balwani risked patient health by misrepresenting the accuracy of Theranos blood analysis technology and that defrauded Theranos investors of millions of dollars.
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