Search For "fraudulent"
PNB fraud: LoU granted against fixed commission, reveals CBI
Updated : 8 years ago IST
New Delhi [India], Feb 18 (ANI): Punjab National Bank officials (PNB) arrested in connection with the fraudulent transaction scam were sanctioned fixed commission for granting Letters of Undertaking (LoU), the Central Bureau of Investigation (CBI) revealed on Sunday.
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ASSOCHAM urges reduction of govt. stake in banks
Updated : 8 years ago IST
New Delhi [India], Feb 18 (ANI): In lieu of the ongoing fraudulent transaction scam involving Punjab National Bank, the ASSOCHAM demanded that the government to reduce its stake in banks to less than 50 percent.
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PNB identifies lenders over LoU's issued in Nirav Modi fraud case
Updated : 8 years ago IST
New Delhi [India], Feb 15 (ANI): It has emerged that the fraudulently issued Letters of Undertaking (LoUs) from the Mumbai branch of Punjab National Bank (PNB) were in favour of Hong Kong branches of Allahabad Bank and Axis Bank, that helped facilitate Rs 280.7 crore fraud by jewellery desig
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PNB suspends 10 in a fraud involving top jewellery designer
Updated : 8 years ago IST
New Delhi [India], Feb 14 (ANI): The Punjab National Bank (PNB) on Wednesday suspended its ten officials, including a branch Deputy Manager, in a fraudulent transaction case that also involved noted jewellery designer Nirav Modi.
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PNB uncovers over USD 1771 m fraud at Mumbai branch
Updated : 8 years ago IST
Mumbai (Maharashtra) [India] Feb.14 (ANI): The Punjab National Bank (PNB) on Wednesday confirmed that one of its branches in Mumbai had committed fraudulent and unauthorised transactions worth USD 1771.69 million for the benefit of some account holders.
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Doctor, cop among six arrested in insurance policy fraud
Updated : 8 years, 1 month ago IST
Dausa (Rajasthan) [India] February 10 (ANI): The Rajasthan Police arrested six people, including a government doctor and an assistant sub inspector, on charges of fraudulently claiming insurance money with fake documents of death of a living man.
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IPL petitioner Verma levels corruption charges on Amitabh Choudhary
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 9 (ANI): Aditya Verma, petitioner in the IPL spot-fixing scam has alleged that Amitabh Choudhary, acting secretary of the Board of Control for Cricket in India (BCCI), fraudulently allowed over-aged Anukul Roy to participate in the Under-19 Cricket World Cup.
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What does 'Aiyaary' mean? Manoj Bajpayee explains it
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan. 24 (ANI): With the Neeraj Pandey's political thriller, 'Aiyaary', edging closer to its release date, its lead actor, Manoj Bajpayee, has explained the meaning of the title.
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RI for 6 in housing scam case
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 4 (ANI): Three to seven years of Rigorous Imprisonment (RI) has been awarded to six accused including the then registrar of co-operative societies, Delhi in a case pertaining to fraudulent revival of a co-operative group housing society.
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ED files chargesheet in VAT refund scam against Ludhiana businessman
Updated : 8 years, 2 months ago IST
Ludhiana (Punjab) [India] Dec 26 (ANI): The Enforcement Directorate (ED) on Tuesday filed a complaint under the Prevention of Money Laundering Act, 2002 (PMLA) against Raman Kumar Garg, the proprietor of the firm M/s. Jaldhara Export in Ludhiana, and others for laundering money after availin
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Citizens in full support of Aadhaar, voter ID card linking
Updated : 8 years, 2 months ago IST
New Delhi [India], Dec 16 (ANI): Most Indian citizens agree with the Election Commission's move of linking the Aadhaar card with voter ID card to eliminate fraud and duplicate voters and enable electronic voting in the future.
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RBI to banks: Ensure customer protection during electronic transactions
Updated : 8 years, 6 months ago IST
Mumbai [India], July 6 (ANI): The Reserve Bank of India (RBI) on Thursday issued a circular to banks across the country to ensure protection of their customers from unauthorized and fraudulent electronic banking transactions.
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