Search results for 'fraud'

M&A financing the new frontier for banks, but RBI's watching

M&A financing the new frontier for banks, but RBI's watching

Rediff.com26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.

K'taka BJP MP's wife loses Rs 14 lakh in 'digital arrest'; money recovered

K'taka BJP MP's wife loses Rs 14 lakh in 'digital arrest'; money recovered

Rediff.com23 Sep 2025

Bengaluru police recovered Rs 14 lakh lost by BJP MP's wife in a cyber fraud through 'digital arrest'.

SC vows iron-handed crackdown on Rs 3,000 cr digital arrest scams

SC vows iron-handed crackdown on Rs 3,000 cr digital arrest scams

Rediff.com3 Nov 2025

The Supreme Court has expressed serious concern over the rising cases of digital arrest cybercrime in India, where fraudsters extort money from victims by posing as law enforcement officials. The court has vowed to deal with such cases with an iron hand and has sought reports from the Ministry of Home Affairs and the CBI.

Will Cong-Samajwadi alliance survive Bihar shock?

Will Cong-Samajwadi alliance survive Bihar shock?

Rediff.com16 Nov 2025

The sweeping victory of the Bharatiya Janata Party-led National Democratic Alliance in the Bihar Assembly elections has caused ripples across the country, but perhaps more pronounced in politically crucial Uttar Pradesh, where Assembly elections are due in 2027.

Meta expands safety tools to safeguard older adults from online scams

Meta expands safety tools to safeguard older adults from online scams

Rediff.com22 Oct 2025

Meta has announced new anti-scam features and awareness initiatives, including safety tools and tips to protect users, particularly senior citizens from cyber fraud and online scams, as the social media giant stepped up efforts to help people stay safe online.

Shilpa Shetty withdraws plea in HC for travel nod, says plans failed

Shilpa Shetty withdraws plea in HC for travel nod, says plans failed

Rediff.com16 Oct 2025

Shilpa Shetty, involved in a Rs 60-crore cheating case with Raj Kundra, withdrew her application to travel abroad as plans did not materialize. The court accepted the withdrawal and scheduled a hearing for their plea seeking suspension of the Look Out Circular on November 17.

How SEBI Plans To Tackle Investor Frauds

How SEBI Plans To Tackle Investor Frauds

Rediff.com24 Jun 2025

Investors will be able to authenticate if the entity receiving the payment is a valid entity under the ambit of Sebi.

Meghalaya girl sold in Raj for Rs 3 lakh after Facebook friendship; 3 held

Meghalaya girl sold in Raj for Rs 3 lakh after Facebook friendship; 3 held

Rediff.com29 Oct 2025

A human trafficking racket spanning multiple states has been busted with the arrest of three persons in connection with the sale of a young girl from Meghalaya and her forced marriage in Rajasthan. Several other young women from the Northeast are believed to have met the same fate.

SC asks poll panel to respond to parties' pleas on SIR in 2 weeks

SC asks poll panel to respond to parties' pleas on SIR in 2 weeks

Rediff.com11 Nov 2025

The Supreme Court has requested the Election Commission to respond to petitions challenging the Special Intensive Revision of electoral rolls in Tamil Nadu and West Bengal. The court has also asked the Madras and Calcutta High Courts to keep proceedings on similar petitions in abeyance.

Antwerp court clears fugitive jeweller Mehul Choksi's extradition

Antwerp court clears fugitive jeweller Mehul Choksi's extradition

Rediff.com18 Oct 2025

A court in Antwerp on Friday cleared the extradition of fugitive diamantaire Mehul Choksi, noting that his arrest by the Belgian authorities on India's request was valid, officials in the know of the development said.

UP shopkeeper stunned by Rs 141 crore tax notice

UP shopkeeper stunned by Rs 141 crore tax notice

Rediff.com1 Sep 2025

A grocery store owner in Bulandshahr alleges his PAN card was misused to set up six companies in Delhi after receiving an Income Tax notice for sales exceeding Rs 141 crore.

Telangana man shot dead by US police flagged racism

Telangana man shot dead by US police flagged racism

Rediff.com19 Sep 2025

The 30-year-old man from Telangana, who was allegedly shot dead by the United States police, had claimed that he was a victim of 'racial hatred and discrimination'.

ED to restore Rs 15K cr to victims of frauds; returns Rs 31,951 cr so far

ED to restore Rs 15K cr to victims of frauds; returns Rs 31,951 cr so far

Rediff.com21 Apr 2025

The Enforcement Directorate (ED) has earmarked assets worth about Rs 15,000 crore that will be restored to victims of real estate, Ponzi and other frauds across India during the current financial year. The agency has been "aggressively" initiating this provision for restitution since last year to ensure rightful claimants duped by financial crime get their dues. The ED has already restored Rs 31,951 crore worth of assets under this provision, including Rs 15,201.65 crore from 2019-21 in cases related to Vijay Mallya, Nirav Modi and the National Spot Exchange Limited (NSEL). The ED Director has issued directions to all regions to actively work on cases marked for restitution of assets worth Rs 15,000 crore during the financial year 2025-26.

Aadhaar-Based Face Authentication Soon For Big Online Transfers

Aadhaar-Based Face Authentication Soon For Big Online Transfers

Rediff.com16 Oct 2025

While UIDAI has given a nod for face authentication, banks need to join the process.

Form 7 was misused by BJP to delete voters en masse: Kharge

Form 7 was misused by BJP to delete voters en masse: Kharge

Rediff.com18 Sep 2025

Karnataka Minister Priyank Kharge alleges that Form 7 was misused under the previous BJP government to delete voters 'en masse' ahead of the May 2023 Assembly polls. He claims a large-scale voter deletion attempt was made in the Aland constituency, targeting Congress supporters, especially Dalit and minority voters.

For India, AI stands for 'All Inclusive': Modi

For India, AI stands for 'All Inclusive': Modi

Rediff.com10 Oct 2025

AI means 'All Inclusive' for India, asserted Prime Minister Narendra Modi on Thursday while stressing that India Stack is a beacon of hope for the world, especially for countries in the Global South.

Uttarakhand probes demographic changes in Dehradun

Uttarakhand probes demographic changes in Dehradun

Rediff.com17 Oct 2025

The Uttarakhand government has ordered an investigation into alleged demographic changes in the Pachhadun area of Dehradun and other regions, following concerns raised by residents and political parties.

Bihar: Cong alleges targeted removal of Dalit, Muslim voters

Bihar: Cong alleges targeted removal of Dalit, Muslim voters

Rediff.com5 Oct 2025

The Congress party has alleged that approximately 23 lakh women's names have been removed from the voter list in Bihar, particularly in constituencies with close contests in the 2020 elections. They claim this is a deliberate act of 'vote theft' orchestrated by the ruling party through the Election Commission.

At fintech meet, Sitharaman flags weaponisation of tech

At fintech meet, Sitharaman flags weaponisation of tech

Rediff.com7 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday launched the foreign currency settlement system in GIFT IFSC, which will facilitate seamless transactions on real-time basis, enhance liquidity management, and ensure compliance.

Karur CBI probe order: 2 families deny filing plea in SC

Karur CBI probe order: 2 families deny filing plea in SC

Rediff.com13 Oct 2025

"We did not know that a CBI inquiry was requested on our behalf regarding the Karur tragedy. It has been nine years since my husband Panneerselvam, who had signed the petition, abandoned us," says Sharmila, mother of the 9-year-old boy who had lost his life in the stampede during a political rally addressed by actor-politician Vijay.

Can BCCI's additional bone test curb age fraud?

Can BCCI's additional bone test curb age fraud?

Rediff.com16 Jun 2025

As per the existing norms, a player undergoes a bone test for age determination via the TW3 method (test used for assessing bone age) and a +1 factor is added to determine his or her eligibility for the next season in the same age group.

Tejaswi Manoj Is TIME's Kid Of The Year 2025

Tejaswi Manoj Is TIME's Kid Of The Year 2025

Rediff.com10 Sep 2025

17-year-old Tejasvi Manoj becomes TIME's Kid of the Year 2025 for protecting seniors from cyber fraud.

US visa fraud: Telangana student deported, arrested

US visa fraud: Telangana student deported, arrested

Rediff.com4 Jun 2025

A 28-year-old student from Nalgonda district was arrested in Hyderabad following his deportation from the United States for allegedly using forged documents to obtain his visa, police said on Wednesday.

'Banks Need To Reinvent Themselves'

'Banks Need To Reinvent Themselves'

Rediff.com3 Nov 2025

'Reinvention is not a hugely difficult task. With technology as available today, you can reinvent yourself pretty quickly.'

Deposit Rs 60 cr and then...: HC to Shilpa Shetty, Raj Kundra

Deposit Rs 60 cr and then...: HC to Shilpa Shetty, Raj Kundra

Rediff.com8 Oct 2025

The couple last month filed a petition in HC seeking suspension of the Look Out Circular (LOC) issued against them by police in the case, so that they can travel for their professional commitments and leisure trips abroad.

How To Stay Safe From UPI Frauds

How To Stay Safe From UPI Frauds

Rediff.com2 Dec 2024

Link your UPI app to a separate bank account or wallet that has only a limited sum.

May entrust probe into digital arrest cases to CBI: SC

May entrust probe into digital arrest cases to CBI: SC

Rediff.com27 Oct 2025

The Supreme Court is considering entrusting the CBI with the investigation into digital arrest cases, citing the magnitude and pan-India spread of such crimes. The court has sought details of FIRs registered in different states and union territories and is monitoring the progress of the investigation.

NBA stars among dozens arrested in illegal gambling probe

NBA stars among dozens arrested in illegal gambling probe

Rediff.com24 Oct 2025

Chauncey Billups, an NBA Hall of Fame player and head coach of the Portland Trail Blazers, and Terry Rozier, a guard with the Miami Heat, were among more than 30 people charged on Thursday.

'Could Ajit Pawar Have Known?'

'Could Ajit Pawar Have Known?'

Rediff.com7 Nov 2025

'Everyone involved in this transaction must be punished and penalised.'

'Insurance Sector Is At An Unstable Equilibrium'

'Insurance Sector Is At An Unstable Equilibrium'

Rediff.com3 Nov 2025

'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'

SC refuses plea for SIT probe into Rahul's Bengaluru 'vote chori' charge

SC refuses plea for SIT probe into Rahul's Bengaluru 'vote chori' charge

Rediff.com13 Oct 2025

The Supreme Court declined to entertain a plea seeking a special investigation team (SIT) probe into alleged electoral roll manipulation in Bengaluru Central and other constituencies, advising the petitioner to approach the Election Commission of India.

Let my story be a warning, says ex-banker who lost Rs 23 cr

Let my story be a warning, says ex-banker who lost Rs 23 cr

Rediff.com23 Sep 2025

A retired banker in Delhi lost his entire life savings, amounting to Rs 23 crore, to cyber fraudsters who posed as ED and CBI officers. The victim was kept under 'digital arrest' for over a month and forced to transfer funds under duress.

Mehul Choksi's bail plea rejected by Belgian court

Mehul Choksi's bail plea rejected by Belgian court

Rediff.com30 Aug 2025

The bail plea of fugitive diamonds trader Mehul Choksi, wanted in India in connection with over Rs 6300-crore fraud in the Punjab National Bank (PNB), has again been turned down by a court of appeal in Belgium, just ahead of his extradition hearing before a court in that country, officials said. The court rejected the appeal on strong reasons conveyed by the CBI to the Belgian prosecution that Choksi had escaped from many jurisdictions earlier as well to evade legal proceedings and may flee to another country if let out on bail, they said.

Sebi's Valid UPI Initiative Sees Hiccups

Sebi's Valid UPI Initiative Sees Hiccups

Rediff.com1 Oct 2025

The new UPI IDs will follow formats such as abc.bkr@validhdfc or xyz.mf@validhdfc. For easier recognition, they will also carry a white 'thumbs up' icon inside a green triangle.

SC may scrap order for CBI probe into Karur stampede: DMK MP

SC may scrap order for CBI probe into Karur stampede: DMK MP

Rediff.com13 Oct 2025

The Supreme Court has ordered a CBI probe into the Karur stampede, prompting varied reactions from political parties. DMK claims misrepresentation in the petition, while AIADMK sees the decision as a setback for DMK. Other parties express their views on the investigation and its implications.

Why This Ex-DGP Joined The RSS

Why This Ex-DGP Joined The RSS

Rediff.com23 Oct 2025

'When you attend an RSS function, the nation is your first priority.'

Focus on the underserved to deepen financial inclusion: RBI Guv to fintechs

Focus on the underserved to deepen financial inclusion: RBI Guv to fintechs

Rediff.com8 Oct 2025

Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest in Mumbai, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved.

'We Will Remove Modi From Delhi, BJP From Bihar'

'We Will Remove Modi From Delhi, BJP From Bihar'

Rediff.com7 Nov 2025

'Without our support Nitish Kumar wouldn't have become chief minister.' 'After the government was formed we became ministers, but our agenda remained the same: Amit Shah had promised reservation for Nishads.' 'He wouldn't listen, so we went to UP and contested 52 seats in the 2022 elections. He didn't like the idea of rebellion.' 'He saw that this man, coming from Bombay, is very sharp. He's made four MLAs now, tomorrow he'll make 40. A time will come when they will make it 125.' 'They bought our MLAs and ousted us from the government.'

Paper leak: HC cancels 2021 Rajasthan police recruitment exam

Paper leak: HC cancels 2021 Rajasthan police recruitment exam

Rediff.com28 Aug 2025

Justice Sameer Jain cancelled the exam 2021 which was the bone of contention for both Bharatiya Janata Party and Congress governments in the state and gave a detailed verdict.

Sabarimala gold row: Oppn seeks audit of temple assets, probe into thefts

Sabarimala gold row: Oppn seeks audit of temple assets, probe into thefts

Rediff.com3 Oct 2025

A controversy surrounding the gold-clad plates of the Dwarapalaka idols at Sabarimala temple has ignited a political row in Kerala, with opposition parties alleging theft and demanding a comprehensive investigation into temple inventories and the role of a sponsor in the replating process.