The fraud was operated from call centres in India to defraud hundreds of elderly and vulnerable people in the US, CBI officials said.
As a multi-disciplinary organisation, SFIO probes cases of financial frauds that are referred to it by Corporate Affairs Ministry
It is alleged that Chandrashekhar to purchase gifts for Fernandez used illegal money, extorted by cheating high-profile people including former Fortis Healthcare promoter Shivinder Mohan Singh's wife Aditi Singh.
The Enforcement Directorate has alleged that this is a bigger bank scam in volume than that of the Punjab National Bank fraud by fugitive diamantaires Nirav Modi and Mehul Choksi, as it involves fraud to the tune of about Rs 16,000 crore.
The CBI move comes barely a week after Malik gave an interview to The Wire, in which he made critical remarks about the BJP-led Centre, especially regarding its handling of Jammu and Kashmir where he served as the last governor before the erstwhile state was bifurcated into Union territories.
Congress leader Rahul Gandhi appeared before the Enforcement Directorate (ED) on Wednesday for the third consecutive day of questioning in the National Herald money laundering case, with the agency seeking answers on decisions taken with regard to the media organisation and its owner Young Indian.
The Enforcement Directorate (ED) on Wednesday conducted raids in three locations in and around Kolkata and again recovered large stacks of cash from a flat linked to Arpita Mukherjee, considered a close associate of arrested West Bengal Industry Minister Partha Chatterjee.
The federal probe agency wants to question and record Ayyub's statement in a money laundering case against her.
A triumphant Khan returned to his Lahore home on Saturday after having locked himself in the Islamabad high court premises for hours for fear of re-arrest despite being granted bail on Friday.
Many federations and former athletes alike have been calling for an anti-doping legislation to implement the existing rules.
The Orwellian surveillance State is here. And here to stay, asserts Virendra Kapoor.
The much-anticipated World Twenty20 match between India and Pakistan will be held as scheduled in Dharamsala, Tournament Director M V Sridhar confirmed on Tuesday.
The Narcotics Control Bureau's deputy director general, northern region, Gyaneshwar Singh, who is heading the departmental vigilance probe into allegations of extortion in the drugs-on-cruise case, arrived at the agency's office in Mumbai on Wednesday.
A Delhi court on Thursday denied bail to Aam Aadmi Party leader Satyendar Jain and two others in a money laundering case.
Amritpal Singh has been styling himself on the lines of terrorist Jarnail Singh Bhindranwale, who was killed during Operation Blue Star in 1984, by copying his attire, mannerisms, carrying an arrow, keeping a battery of armed bodyguards and taking the shield of religion.
Sources claimed that Singhal was "evasive" in her replies and hence was arrested.
"Looking at the personas involved and nature of allegations and seriousness of allegations, it requires investigation by an independent agency, the SC said.
Days after the government went public with its intent to examine a Sebi order in the NSE matter, its outgoing chairman Ajay Tyagi on Wednesday made it clear that the markets regulator did not "dilute" any of the quasi-judicial verdicts. The comments assume significance as they come after Finance Minister Nirmala Sitharaman, as per reports, recently said the government is examining if Sebi has taken "necessary punitive" action in the case. In a media interview, the FM had said the government was analysing if there had been "enough application of mind in dealing with this" and if after applying its mind, Sebi took adequate corrective steps.
On January 5 last year, a mob of masked men stormed the campus and targeted students in three hostels, unleashing mayhem with sticks, stones and iron rods, hitting inmates and breaking windows, furniture and personal belongings.
French investigative journal Mediapart has made fresh claims that alleged bogus invoices were used that enabled French aircraft maker Dassault Aviation to pay at least 7.5 million euros in secret commissions to a middleman to help it secure the Rafale deal with India.
Herve Falciani, who refused to appear for trial in Switzerland, has been charged of industrial espionage.
Safdar Nagori, SIMI's notorious face, told investigators how he trained his terrorists on the lines of the Taliban.
Banerjee, who was speaking to reporters at West Bengal's state secretariat, said that her party's name will remain the All India Trinamool Congress.
The proposed measures aim to bring stricter norms to curb holding of illegal cash and mismanagement of unaccounted cash seized by the probe agencies during investigations.
He said his administration will spare 'no resources or expense in this effort' to investigate who sent the packages.
A whopping Rs 62,476 crore has been "illegally" transferred by smartphone maker Vivo to China in order to avoid payment of taxes in India, the Enforcement Directorate said Thursday, as it claimed to have busted a major money laundering racket involving Chinese nationals and multiple Indian companies. This money is almost half of Vivo's turnover of Rs 1,25,185 crore, it said without stating the time period of the transaction. The crackdown on the leading Chinese company came after the federal probe agency found that three Chinese nationals, all of whom "left" India during 2018-21, and one other person from that country incorporated as many as 23 companies in India in which they were also helped by a Chartered Accountant, Nitin Garg.
CBI officials in Delhi said the agency will take up the probe. The agency is likely to re-register the FIR filed by Bihar police under Indian Penal Code sections related to abetment to suicide, criminal conspiracy, cheating among other charges on a complaint from the family of the deceased actor against his rumoured girlfriend Rhea Chakraborty and her family members.
Competition records show that Russian amateur boxers Islam Dashaev and Alena Tokarchuk fought in official tournaments last year despite bans announced by Russian anti-doping agency RUSADA, which is forbidden under international anti-doping rules.
Shah said the BJP-led government had only brought an amendment to the law which was enacted by thr Congress and whose provisions were later made stringent.
The young and suave candidate of the ruling Bharatiya Janata Party, Bhavya Bishnoi, looks to defend his 'family bastion' for five decades, while the main opposition Congress has placed its bet on veteran leader Jai Prakash in the Adampur bypoll in Haryana.
'The CBI and its independence was discussed in great detail. We invited and sought the views of the CBI director as well as several government officials. But the ingenious solution to the problem came from within the committee. The effort was to somehow find a solution. It would not have been possible to draft this Bill if members had not been liberal in their views and if they had not been prepared to rid themselves of their political bias.' Congress MP Satyavrat Chaturvedi, who headed the Parliamentary committee which proposed the recommendations for the Lokpal Bill, speaks to Anita Katyal in an exclusive interview.
Opposition parties have expressed solidarity with West Bengal chief minister Mamata Banerjee.
An outraged India told Pakistan on Thursday that release of Laskhar-e-Tayiba commander Zakiur Rehman Lakhvi, one of the key conspirators of the Mumbai terror attacks, on bail was unacceptable to it and demanded immediate steps for reversal of the decision.
Trump's public criticism of the FBI was a rare one that has not been seen in the past.
NCB Deputy Director General (south-west region) Mutha Ashok Jain told reporters outside the agency's office later that Rhea will be called again on Monday for questioning and recording of her statement like Sunday.
Amid a row over the extension of the territorial jurisdiction of the Border Security Force in Punjab, a top officer of the border guarding force on Saturday said the powers of the state police remain intact and the BSF is only there to complement it.
'Now, it feels like the darkness has descended again.'
She called on all "progressive forces" to join hands to fight the "oppressive BJP regime".
Uttar Pradesh Chief Minister Yogi Adityanath on Thursday directed officials to speed up setting up of a commando training centre in Rampur and also form a skilled team of women commandos.
Several media reports have stated that at least three people were shot and wounded.
