The Economic Offences Wing (EOW) of the Crime Branch has filed a chargesheet against four individuals in a 16-year-old fraud case involving Johar Veer Goga (JVG), an unauthorised non-banking finance company in Jammu. The case stems from an investor's complaint in 2010 regarding an unpaid fixed deposit from 1996-97, revealing that JVG operated without proper regulatory registration.
Bollywood actor Dino Morea was questioned by Mumbai police's Economic Offences Wing (EOW) for six hours regarding the alleged Rs 65 crore Mithi river desilting scam. The investigation focuses on financial irregularities in a Brihanmumbai Municipal Corporation (BMC) sanitation contract, where key accused allegedly siphoned off funds. Morea's name emerged due to communications and suspected financial transactions with one of the accused. Federal agencies, including the ED, are also probing the case for money laundering.
Palghar police have appealed to victims of a ponzi scheme run by Rich 2 Money Private Limited to register complaints. The Economic Offences Wing has identified 48 defrauded investors, losing Rs 5.91 crore, with the company promising high returns on investments in share markets and F&O trading.
Delhi Police have arrested Shantaram Barku Shelke, the alleged mastermind behind a Rs 40 lakh visa fraud conspiracy that duped 41 individuals seeking overseas jobs in Russia and Israel. Shelke, proprietor of M/s SS Overseas Travels Agency, issued fake documents and evaded authorities before being apprehended in Nalasopara, Maharashtra.
The Economic Offences Wing (EOW) of the Crime Branch Jammu has filed a chargesheet against two individuals, Manoj Kumar and Vikram Singh, in a financial fraud case involving over Rs 1.22 crore collected from investors in Samba district. The accused allegedly induced residents to invest in schemes from unregistered or de-registered NBFCs, promising high returns but failing to deliver.
A Special Investigation Team (SIT) led by a woman IPS officer has been formed in Latur, Maharashtra, to probe the alleged sexual assault of minor schoolgirls by Bashir Usman Shaikh, founder of Adarsh International School. Shaikh was arrested earlier this week under the Bharatiya Nyaya Sanhita and POCSO Act. The SIT is investigating further potential victims and urging students to report abuse without fear.
The Chhattisgarh Economic Offence Wing/Anti-Corruption Bureau (EOW/ACB) has filed its sixth supplementary charge sheet in the alleged coal levy scam, naming 12 individuals including Congress MLA Devendra Singh Yadav, former state Congress treasurer Ramgopal Agrawal, and IAS officer Jai Prakash Maurya. The scam involves an alleged illegal levy of Rs 25 per tonne collected from coal transporters by a syndicate of bureaucrats, businessmen, and politicians, with handwritten diaries indicating collections of around Rs 540 crore.
The Chhattisgarh Economic Offence Wing/Anti-Corruption Bureau (EOW/ACB) has filed its 10th supplementary charge sheet in the alleged liquor scam, accusing 20 individuals, including former state Congress treasurer Ramgopal Agrawal, and 22 firms. The 27,000-page document details illegal liquor production, hawala transactions, and investment of illicit proceeds. The scam, estimated by the ED to be between 2019 and 2022, involved a complex network of illegal liquor sales, duplicate holograms, and routing of funds.
The Economic Offences Wing of the Crime Branch has filed a chargesheet against 11 people in a financial fraud case linked to an HDFC Bank branch in Shopian district.
A special MPID court in Mumbai has framed charges against developer Vijay Machhindar, his wife, and their company Ornate Spaces Pvt Ltd for allegedly cheating homebuyers and investors of Rs 28 crore. The charges relate to failing to deliver flats in an Oshiwara residential project and not returning the invested money, leading to a trial under IPC, MPID, and MOFA provisions.
The CBI has initiated an investigation into an alleged Rs 65-crore investment scam involving Viswadeepthi Multi State Agri Co-operative Society Ltd, following a directive from the Kerala High Court. The society is accused of inducing public deposits with high interest rates but failing to repay them, leading to significant financial losses for depositors.
The Economic Offences Wing (EOW) has attached properties worth Rs 4 crore belonging to suspended IAS officer Sameer Vishnoi, an accused in a coal levy scam, for allegedly amassing assets beyond his known sources of income.
Bengaluru police have seized counterfeit watches and spare parts of leading brands worth approximately 25 lakh and arrested five individuals involved in selling them as genuine.
Authorities in Chhattisgarh have attached properties worth Rs 4 crore belonging to suspended IAS officer Sameer Vishnoi, an accused in the coal levy scam, for allegedly amassing assets beyond his known sources of income.
The Supreme Court has directed the Central Bureau of Investigation (CBI) to examine all six allegations of financial irregularities levelled by the Enforcement Directorate against Sameer Gehlaut, former chairperson of Indiabulls Housing Finance (IHFL), and five corporate groups, following repeated criticism of investigating agencies for lack of progress.
The Enforcement Directorate has arrested Rakesh Kumar Gupta, Chairman of Sadhna Group, in a money laundering case linked to alleged irregularities in IBC processes. He is accused of engineering insolvency to settle significant Income Tax dues for a fraction of the amount, receiving cash via crypto/hawala, and share manipulation. The alleged proceeds of crime total Rs 168 crore, and Gupta has been remanded to five days of ED custody.
Police in Thane, Maharashtra, have registered a case against a company and its directors for allegedly defrauding investors of over Rs 4.31 crore through various investment schemes.
Faridabad police have arrested a husband and wife from Mumbai for allegedly defrauding people of approximately Rs 31 crore through fraudulent investment schemes in forex trading and film production.
The Delhi High Court has quashed cases registered by the Delhi Police and the Enforcement Directorate against news portal NewsClick and its editor-in-chief Prabir Purkayastha, citing that the continuation of the FIR was 'a gross abuse of the process of law' and the investment was an economic decision that 'did not spell out any criminal offence'.
The Enforcement Directorate (ED) has arrested four promoters of Earth Infrastructures Ltd in connection with a money laundering probe into an alleged Rs 2,004-crore homebuyer fraud that affected more than 19,000 buyers and investors.
The Supreme Court has granted bail to Shubham Saxena, accused of siphoning off Rs 22 crore from a real estate company, primarily due to his prolonged pre-trial detention of over four and a half years. This decision overturns a Delhi High Court ruling that had denied bail citing the gravity of the economic offence.
Gurugram Police have arrested a director of a company accused of defrauding another company of crores of rupees through fraudulent loan practices. The director was apprehended in Coimbatore, Tamil Nadu, following a complaint filed last year.
A special court in Mumbai discharged NCP (SP) MLA Rohit Pawar and others in a case registered by the Enforcement Directorate concerning an alleged Rs 25,000 crore scam at the Maharashtra State Co-operative Bank (MSCB).
Delhi Police's Economic Offences Wing has arrested Manish Kumar for allegedly defrauding over 20 unemployed youths of Rs 5.5 lakh by falsely promising contractual jobs at GTB Hospital. Kumar, a B.Sc in nursing, used his alleged connections to gain trust before collecting security deposits, then disappeared when jobs didn't materialise.
Delhi Police's Economic Offences Wing has arrested two individuals, including a chartered accountant, in connection with a GST and VAT fraud involving the misuse of business credentials and dummy firms.
The Economic Offences Wing of Crime Branch in Kashmir conducted searches at multiple locations in Srinagar and Budgam districts concerning the alleged siphoning of government funds during the COVID-19 pandemic.
A suspended revenue department official has been arrested in Chhattisgarh in connection with an alleged compensation scam related to the Bharatmala road project, which caused a loss of Rs 32 crore to the exchequer.
The Enforcement Directorate has requested a Mumbai court to decide on the discharge applications of Rohit Pawar and others in the alleged Maharashtra State Co-operative Bank (MSCB) scam, following the acceptance of a closure report in a related case.
A 34-year-old civil engineer from Bhopal has been arrested in connection with an illegal arms supply racket in Bengaluru. Police seized pistols, revolver parts, and live rounds from the suspect, who allegedly supplied weapons to individuals in the city.
The CEO of Vipul Limited, a real estate company, has been arrested in Gurugram for allegedly defrauding several lawyers of Rs 6 crore under the guise of a lucrative investment opportunity.
A 36-year-old man was arrested for allegedly cheating a businessman of around Rs 1.37 crore on the pretext of investing in a meat export business.
Seven individuals, including senior executives from manpower firms, have been arrested in connection with alleged irregularities in overtime payments within the Chhattisgarh State Marketing Corp Ltd (CSMCL) during the previous Congress administration. The arrests follow an investigation into fraudulent billing practices and misappropriation of funds.
The Economic Offences Wing (EOW) of Odisha Police has arrested another person from Bhubaneswar for his alleged involvement in a bank loan fraud case worth Rs 6.88 crore.
Gurugram Police have arrested a 50-year-old owner of a real estate firm for allegedly duping people of crores by promising land agreements.
The Delhi High Court has declined to grant interim relief to Gurugram-based Experion Developers Private Limited, who sought to quash an FIR registered against them by the Economic Offences Wing of Delhi Police on charges of fraud.
A court in Jammu has ordered a detailed inquiry into an alleged Rs 500 crore 'fake silver' matter at the Shri Mata Vaishno Devi Shrine. The Chief Judicial Magistrate directed authorities to preserve evidence following an application by advocate Deepak Sharma, who alleged adulteration and pilferage of silver offerings.
Faridabad Police have registered a case against five individuals, including a former MLA and a former Tehsildar, for their alleged involvement in a property fraud involving the double registration of a house.
A Mumbai court has rejected a plea by a couple, former officials of New India Co-operative Bank, accused of a Rs 122-crore fraud, to appear via video conferencing from the UK, deeming their request as showing 'huge abysmal entitlement'. The couple cited a 'hostile environment' and 'threats to their lives' if they returned to India.
A Mumbai court has denied bail to Purushottam Chavan, husband of IPS officer Rashmi Karandikar, in a Rs 24 crore cheating case, citing substantial evidence of his involvement in the crime.
Delhi Police's Economic Offences Wing (EOW) has arrested Shiv Nandan Singh Yadav, a proclaimed offender, in connection with a multi-crore real estate fraud. Yadav was wanted in nine FIRs for allegedly duping investors in a housing project that never materialised.
