US authorities have shut down an India-based call centre operation that allegedly defrauded hundreds of elderly Americans of millions of dollars through tech support scams, following a years-long investigation.
"Today, we're learning about another scam: the so-called Trump University. The New York Attorney General is suing Donald Trump for fraud," she alleged.
The fraud was operated from call centres in India to defraud hundreds of elderly and vulnerable people in the US, CBI officials said.
Babulal 'Bob' Bera, US Congressman Ami Bera's 83-year-old father, faces five years in prison.
Gautam Adani was the world's third and Asia's richest man a month back but a damning report by a US firm triggered a massive sell-off in shares of his apples-to-airport group, plunging his own wealth by $80 billion and the tycoon slipping to No.30 on the world billionaire index. Adani's sprawling conglomerate, which spans from sea ports to airports, edible oil and commodities, energy, cement and data centres, is under attack by US short-seller Hindenburg Research, which successfully deflated electric-vehicle maker Nikola Motors in 2020. Hindenburg, which held short positions in unidentified shares of Adani Group firms through its US-traded debt and offshore derivatives, on January 24 accused the conglomerate of "brazen stock manipulation and accounting fraud" and using a number of offshore shell companies to inflate stock prices.
'Let's talk a bit about minimum and overtime wages, since that is a topic so dear to everyone's heart. After all, critics say that heartless Devyani paid poor Sangeeta neither the minimum wages nor overtime wages and since "in this country we don't do it this way," she deserves to go to jail. But the FLSA itself makes several occupations exempt from either payment of minimum wages or from overtime wages or both. Disabled people need not be paid minimum wages under FLSA. Seamen on American vessels have to be paid minimum wages but seamen on other than American vessels need not be. So how fair is the Fair Labor Standards Act,' asks Sharmista Khobragade, diplomat Devyani Khobragade's sister.
Sukanya Verma recaps all the action at this year's MAMI.
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