Search For "financial fraud"
DoT welcomes RBI advisory mandating banks to integrate financial fraud ris
Updated : 10 months, 3 weeks ago IST
The Department of Telecommunications (DoT) welcomes the Reserve Bank of India's (RBI) advisory issued on June 30, 2025, directing all Scheduled Commercial Banks, Small Finance Banks, Payments Banks, and Co-operative Banks to integrate the Financial Fraud Risk Indicator (FRI) developed by DoT
Read More
Lilavati Trust seeks removal of HDFC Bank CEO, Bank says FIR against CEO f
Updated : 11 months, 2 weeks ago IST
Lilavati Kirtilal Mehta Medical Trust (LKMM Trust) has called for the immediate suspension and prosecution of Managing Director and CEO of HDFC Bank, Sashidhar Jagdishan, alleging that the latter was directly involved in "serious financial fraud, criminal conspiracy, abuse of fiduciary posit
Read More
DoT introduces Financial Fraud Risk Indicator to strengthen Cyber Fraud Pr
Updated : 1 year ago IST
FRI allows for swift, targeted, and collaborative action against suspected frauds in both telecom and financial domains. With UPI being the most preferred payment method across India, this intervention could save millions of citizens from falling prey to cyber fraud, the ministry said.
Read More
Chinese authorities detain investors for speaking to foreign media on Shan
Updated : 1 year ago IST
Last month, several investors among the almost 100,000 affected by an alleged 20 billion yuan (approximately USD 2.74 billion) financial fraud connected to the Jianghaihui Group in Shandong province spoke with international media outlets, including RFA, to help bring global attention to the
Read More
J-K: Cyber Cell, Awantipora Police recover Rs 1,89,238 from online financi
Updated : 1 year, 1 month ago IST
The Cyber Cell of Awantipora Police resolved multiple cases of online financial fraud, recovering Rs 1,89,238 from scammers.
Read More
J-K: ACB conducts searches at multiple locations in bank embezzlement case
Updated : 1 year, 1 month ago IST
The Economic Offences Wing (EoW) of the Anti-Corruption Bureau (ACB), Jammu and Kashmir conducted searches at four locations in Srinagar, Budgam, and Bandipora districts in connection with a bank embezzlement case.
Read More
Department of Telecommunications (DoT) cautions about misuse of telecom re
Updated : 1 year, 2 months ago IST
The Department of Telecommunications (DoT) has undertaken various initiatives to prevent the misuse of telecom resources for cybercrime and financial fraud. Fraudsters are deploying various tactics to misuse telecom resources, said a press statement from the Ministry of Communications.
Read More
Department of Telecommunications (DoT) says on job to prevent misuse of te
Updated : 1 year, 2 months ago IST
The Department of Telecommunications (DoT) has been undertaking various initiatives for the prevention of the misuse of telecom resources for cybercrime and financial fraud.
Read More
Bombay HC stays filing of FIR against former SEBI chief Buch and others
Updated : 1 year, 2 months ago IST
On March 2, 2025, the Special ACB Court in Mumbai ordered the launching of an FIR against former SEBI Chairperson Madhabi Puri Buch and five others over alleged financial fraud, regulatory violations, and corruption while approving the listing of an IPO.
Read More
SEBI to challenge Mumbai court order against former chief Buch, others in
Updated : 1 year, 2 months ago IST
SEBI on Sunday said it will initiate appropriate legal steps to challenge the Mumbai court order, which has allowed launching an FIR against former SEBI chief Madhabi Puri Buch, three current Whole Time Members of SEBI and two officials of the BSE.
Read More
Mumbai court orders FIR against former SEBI chief Buch, others in alleged
Updated : 1 year, 2 months ago IST
An application was filed before the Special ACB Court in Mumbai by the complainant- Sapan Shrivastava, a Thane-based legal news reporter- seeking directions to the concerned police station for the registration of an FIR and investigation into alleged offenses committed by the accused, whi
Read More
RBI announces exclusive '.bank.in' domain to tackle financial frauds, expa
Updated : 1 year, 3 months ago IST
Malhotra stated, "The Reserve Bank shall implement the bank.in exclusive Internet domain for Indian banks."
Read More