The CBI has booked seven suspected punters in connection with two separate cases related to alleged fixing of matches in IPL 2019 "based on inputs" from Pakistan, officials said on Saturday.
'The number of STRs received in 2016-17 is 4,73,006 which is more than four times as compared to 2015-16 and this increase is attributed to demonetisaton exercise...,' the Financial Intelligence Unit's report has said.
The RBI on Tuesday announced start of year-long public awareness and consumer protection campaign.
Ayyub is the account holder and deposits totalling Rs 1,77,27,704 have been attached by the ED.
The federal agency filed its prosecution complaint against Ayyub before a special Prevention of Money Laundering Act (PMLA) court in Ghaziabad (Uttar Pradesh) on October 12.
The accused had obtained mobile phone SIM cards in fake names and used to take betting amounts from people through QR codes, the official said.
The Enforcement Directorate on Wednesday alleged that bribe money generated from corruption in a Delhi Jal Board (DJB) contract was 'passed on' as election funds to the Aam Aadmi Party that rules the national capital.
Terrorist groups and drug mafias often use middlemen, who open several accounts in a bank under a number of assumed identities, says Vicky Nanjappa
The 59-year-old legislator from the Samalkha in Panipat district is stated to be the 'owner and promoter' of the Mahira real estate group along with his sons Sikander Singh and Vikas Chhoker.
In areas bordering Bangladesh, some have received strikingly high deposits in Jan Dhan accounts, said sources.
'Farmers have been sent notices in which the government is threatening that if you will join the movement, then we will impound your ancestral properties.' 'We will seal your bank accounts.' 'We will revoke the passports of your kids.'
Grover had said a summons was issued by the special court in Ghaziabad against Ayyub for January 27 and therefore the matter be listed urgently.
At the heart of Paytm's slide lies the abject failure of its Super App strategy, notes Indrajit Gupta.
The Supreme Court on Tuesday agreed to hear the petition of journalist Rana Ayyub challenging the summons issued to her by a special Prevention of Money Laundering Act (PMLA) court in Ghaziabad in a money laundering case lodged against her by the Enforcement Directorate (ED).
Union Home Minister Amit Shah on Wednesday asserted that Article 370, which granted special status to Jammu and Kashmir, will not be restored even if Congress stalwart and late PM Indira Gandhi comes down from heaven.
A pan-India 'fraud-to-phone' network has been busted by security agencies, which have also arrested eight people and seized nearly 300 new mobile phones bought with stolen funds, officials said on Tuesday. Moreover, 900 mobile phones, 1,000 bank accounts and hundreds of unified payment interface (UPI) and e-commerce IDs of this gang have been identified and are under investigation. Nearly 100 bank accounts, and debit and credit cards have been frozen by the security agencies so far, officials said.
The people of India have 50 days, from November 10 to December 30, to deposit notes of Rs 500 and Rs 1,000 in any Bank or Post Office.
Here are five things that fraudsters are likely to say or do that should set the alarm bells ringing in your head.
The Reserve Bank of India has now said failure to report such cases might lead to penal action.
On the controversial AFSPA, the home minister said, "We will also think of revoking AFSPA."
Many sections of the society including small traders, restaurant owners, transporters started feeling the heat as the dependence on cash is very high
The central government's fiscal deficit during 2023-24 at 5.6 per cent of the GDP was better than previous estimates of 5.8 per cent on account of higher revenue realisation and lower expenditure, according to official data released on Friday. In actual terms, the fiscal deficit -- or gap between expenditure and revenue -- was Rs 16.53 lakh crore, or 5.63 per cent of the GDP, which grew 8.2 per cent in 2023-24.
DigiLocker, a government initiative for storing documents and verifying credentials online, is gradually replacing the need for paper.
'Avoid rushing into any financial transactions or disclosing personal information.'
"You can download mobile applications provided by banks on your phones and I want to urge political leaders, teachers, youth to give training to people on mobile banking," Modi said.
The Centre also referred to various international economic reports and surveys to emphasise on the need for Aadhaar.
The chief minister's daughter was allegedly duped of Rs 34,000 by one of the four accused, who had approached her as a buyer on an e-commerce platform, where she had put up a sofa on sale.
The Enforcement Directorate has arrested a manager of a Kotak Bank branch in New Delhi in connection with its money laundering probe in a criminal case of detection of nine alleged fake accounts with deposits worth Rs 34 crore post demonetisation.
The Supreme Court on Wednesday asked a special court in Ghaziabad, which has summoned journalist Rana Ayyub in a money laundering case lodged by the Enforcement Directorate (ED), to adjourn the proceedings scheduled for January 27 to a date after January 31.
The agency has issued a provisional order attaching the farmhouse located in south Delhi's Mehrauli area under the provisions of the Prevention of Money Laundering Act. It said the book value of the asset is Rs 6.61 crore but its market value is "worth Rs 27 crore and is in the name of Maple Destinations & Dreambuild".
The Uttar Pradesh police on Thursday arrested five people, including a man who they claimed to be the personal secretary of former minister Swami Prasad Maurya, for allegedly duping unemployed youth on the pretext of giving them government jobs.
'More than 114 cases have been registered for spreading fake messages, rumours and fake news on WhatsApp.' 'People on various groups are reporting such crimes.' 'The most heartening development is people are now not tolerating such things.'
Wedding.con is a watchable show, if only to caution people about the latest scams, notes Deepa Gahlot.
Explaining the modus operandi of the case, the FIR said HDIL promoters allegedly colluded with the bank management, to draw loans from the bank's Bhandup branch. Despite non-payment, the bank officials did not classify the loans as NPA and intentionally hid the information about the same from RBI.
The staff at post offices misappropriated Rs 95.62 crore of public money between November 2002 and September 2021, the Comptroller and Auditor General has said. The money may seem small but it is what common citizen invested in post office savings, the oldest and the largest banking system in the country. The system serves the investment needs of urban and rural clients through schemes such as savings bank, recurring deposits, time deposits, national savings certificates, kisan vikas patras, public provident fund, monthly income account scheme, sukanya samriddhi accounts and senior citizens savings scheme.
The government on Tuesday night announced that Rs 500 and Rs 1,000 will be no longer legal tender after November 8, midnight. Here are the details you need know
The war between hackers and banks over ATM security will be dynamically redefined, notes Atanu Biswas.
The current limit of Rs 24,000 per week has been raised to Rs 50,000 for savings accounts.
Prime Minister Narendra Modi Wednesday took the Congress to the cleaners over making the 2024 general elections about the protection of the Constitution, saying Indians voted on the plank only once when they threw out the Indira Gandhi government in 1977 after the Emergency.
Journalist Rana Ayyub rejected allegations on Friday that she "misused" donor funds raised in the wake of the Covid-19 pandemic, saying money-laundering charges levelled against her are "preposterous and wholly mala fide".
