News for 'financial crime'

Jharkhand to Provide Financial Aid to Crime Victims

Jharkhand to Provide Financial Aid to Crime Victims

Rediff.com26 Feb 2026

The Jharkhand government will provide financial assistance to victims of crime or their dependents under the Jharkhand Victim Compensation Scheme, 2016. Minimum compensation amounts have been fixed for various crimes, with applications submitted to the District Legal Services Authority (DLSA).

Kerala Police Issue Warning On Rising Cyber Customer Care Scams

Kerala Police Issue Warning On Rising Cyber Customer Care Scams

Rediff.com3 Oct 2026

Keralam police have issued a public caution against cyber fraudsters who use fake customer care numbers of banks and e-commerce platforms to deceive individuals and steal their personal and financial information. Fraudsters post fake numbers online, then contact victims posing as support agents, asking them to install remote access apps or make small payments to gain access to sensitive data.

RBI proposes 60-day debit hold on suspected money mule accounts to combat cyber fraud

RBI proposes 60-day debit hold on suspected money mule accounts to combat cyber fraud

Rediff.com21 Sep 2026

The Reserve Bank of India (RBI) has proposed a standard operating procedure (SOP) for banks to implement temporary debit holds on accounts or transactions suspected of being involved in money-mule activity and cyber-enabled financial fraud, with a maximum duration of 60 days.

Punjab Cracks Down On Massive GST Evasion Racket

Punjab Cracks Down On Massive GST Evasion Racket

Rediff.com14 Oct 2026

Punjab's Finance, Excise and Taxation Minister Harpal Singh Cheema announced the unearthing of a Rs 429.30 crore GST fraud, leading to an FIR in Ludhiana. The investigation, initiated after intercepting a vehicle on September 30, revealed a syndicate of 62 interconnected firms across multiple states using non-genuine documents to evade taxes.

WhatsApp Scam Alert: Saying 'No' Can...

WhatsApp Scam Alert: Saying 'No' Can...

Rediff.com13 Oct 2026

Hyderabad Police Commissioner V C Sajjanar warned that replying 'NO' to unsolicited WhatsApp messages regarding unauthorised bank debits could allow fraudsters to steal your money without needing an OTP or a link.

Promotion of Delhi cop, accused of sexually harassing woman, put on hold

Promotion of Delhi cop, accused of sexually harassing woman, put on hold

Rediff.com6 Oct 2026

The Delhi government has taken action by withholding the additional DCP charge for ACP Vivek Bhagat, who faces serious allegations of sexually harassing a woman journalist, pending a thorough inquiry into the matter.

Long-Running JVG Fraud Case Sees Chargesheet Filed By EOW

Long-Running JVG Fraud Case Sees Chargesheet Filed By EOW

Rediff.com30 Sep 2026

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.

Sadhna Group Chairman Held In Major Money Laundering Probe

Sadhna Group Chairman Held In Major Money Laundering Probe

Rediff.com10 Oct 2026

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.

How Delhi Police Saved Rs 1.53 Crore From Digital Arrest Scams

How Delhi Police Saved Rs 1.53 Crore From Digital Arrest Scams

Rediff.com18 Oct 2026

The Delhi Police's Financial Monitoring Cell prevented potential losses of Rs 1.53 crore in "digital arrest" scams across five states. Their Proactive Victim Identification and Protection Team intervened to save multiple victims, including senior citizens, from transferring additional money to fraudsters who impersonated officials and threatened arrest for fabricated crimes.

How Nellore Police Uncovered A Massive Ganja Cultivation Operation

How Nellore Police Uncovered A Massive Ganja Cultivation Operation

Rediff.com16 Oct 2026

Police in Nellore district, Andhra Pradesh, have arrested six individuals after uncovering two acres of illegal ganja cultivation hidden within a maize field. The bust, part of 'Operation Trishul', involved the use of drones and revealed a sophisticated drip irrigation system. Investigators believe the operation, which could have yielded crores of rupees, had links to trafficking in major Indian cities.

PM Modi Calls For Unified Global Action Against Cyber Frauds And Deepfakes

PM Modi Calls For Unified Global Action Against Cyber Frauds And Deepfakes

Rediff.com8 Oct 2026

Prime Minister Narendra Modi has urged for a global framework to combat cross-border cyber frauds and deepfakes, highlighting the need for governments, tech companies, telecom operators, and financial institutions to collaborate. Speaking at the India Mobile Congress 2026, Modi stressed that technology thrives on trust and that India is ready to share its expertise in tackling cyber threats. He also noted the rapid expansion of 5G and the success of digital governance initiatives like Direct Benefit Transfer.

Shots fired at Tiger Shroff, Bishnoi gang claims attack

Shots fired at Tiger Shroff, Bishnoi gang claims attack

Rediff.com7 days ago

Bollywood actor Tiger Shroff escaped unhurt after gunmen opened fire at his car in Mumbai's Juhu area, injuring his driver and an autorickshaw driver. Police have formed 15 teams to investigate the incident, which a viral social media post attributed to the Lawrence Bishnoi gang, though authenticity is unverified. Chief Minister Devendra Fadnavis has assured Shroff of swift action against the assailants.

ED Intensifies Crackdown On Online Gaming With Fresh Asset Attachments

ED Intensifies Crackdown On Online Gaming With Fresh Asset Attachments

Rediff.com27 Sep 2026

The Enforcement Directorate has attached fresh assets worth Rs 442 crore belonging to online gaming company Gameskraft and its app RummyCulture, bringing the total frozen assets in the money laundering probe to Rs 2,843 crore. The agency alleges the company used bots to defraud users and generated proceeds of crime through platform commissions.

Gangster Link In Najafgarh Firing: Six Arrested For Rs 5-Crore Extortion Bid

Gangster Link In Najafgarh Firing: Six Arrested For Rs 5-Crore Extortion Bid

Rediff.com15 Oct 2026

Six men have been arrested for their alleged involvement in a firing incident at a medical store in southwest Delhi's Najafgarh last month. Investigators suspect the attack was carried out over a Rs 5-crore extortion demand linked to gangster Kapil Sangwan. The arrested individuals played various roles in the conspiracy, from procuring firearms to executing the shooting.

Can top professionals fall for cyber fraud? IIT Madras study says...

Can top professionals fall for cyber fraud? IIT Madras study says...

Rediff.com29 Sep 2026

An IIT Madras study reveals that financial cybercrime victims in India are often highly educated professionals, challenging the notion that only careless or financially unaware individuals are targeted. The research highlights that digital literacy doesn't guarantee protection, as fraudsters exploit stress and emotional vulnerabilities.

Public Humiliation And Suicide: The Rs 10 Note Dispute That Cost A Life

Public Humiliation And Suicide: The Rs 10 Note Dispute That Cost A Life

Rediff.com4 days ago

A 23-year-old delivery executive, Sameer Hussain, allegedly died by suicide after being assaulted over a torn Rs 10 note in East Delhi. He recorded a video expressing his humiliation before consuming poison. Two accused have been arrested, and police have added abetment of suicide charges to the case.

How Delhi Police Uncovered A Rs 73 Crore Digital-Arrest Scam

How Delhi Police Uncovered A Rs 73 Crore Digital-Arrest Scam

Rediff.com13 Oct 2026

Delhi Police have arrested 11 individuals involved in multiple "digital-arrest" scams, recovering over Rs 12 crore. The scams, linked to handlers in Southeast Asia, have affected 78 complainants nationwide, totaling Rs 73 crore. A retired scientist was defrauded of Rs 1.25 crore, with the entire amount frozen. The investigation uncovered a network arranging mule bank accounts and using cryptocurrency for commissions.

Akhilesh Yadav Claims Lucknow Cafe Owner's Death Can Topple UP Govt

Akhilesh Yadav Claims Lucknow Cafe Owner's Death Can Topple UP Govt

Rediff.com6 days ago

Samajwadi Party president Akhilesh Yadav has alleged that the death of Lucknow cafe owner Shiva Sharma is "not an ordinary case" and could "bring down the Uttar Pradesh government," drawing parallels to the Vikas Dubey encounter. Yadav criticised the police and media's handling of the case, particularly regarding the absconding prime accused, Shraddha Dubey. The case involves allegations of assault and torture by Sharma's family, a reward for the accused's arrest, and recent transfers of police officials.

Man kills daughter, places her in fridge, dies by suicide

Man kills daughter, places her in fridge, dies by suicide

Rediff.com18 Sep 2026

A 40-year-old man in Amreli, Gujarat, allegedly killed his five-year-old daughter and then died by suicide, citing severe financial distress. The tragic incident, discovered by his wife, involved the man leaving suicide notes and decorating the room, suggesting a final, desperate act.

Delhi Police Uses MCOCA Against Multi-State Crime Syndicate

Delhi Police Uses MCOCA Against Multi-State Crime Syndicate

Rediff.com14 Jun 2026

Delhi Police has invoked the Maharashtra Control of Organised Crime Act (MCOCA) against an alleged multi-state crime syndicate led by Nasir Hafiz Khan, who is accused of numerous robberies and cheating cases. The action follows an investigation into a 2025 robbery, revealing Khan's extensive criminal history and previous MCOCA booking.

BJP to leverage BRICS Summit success in poll campaigns

BJP to leverage BRICS Summit success in poll campaigns

Rediff.com14 Sep 2026

The successful hosting of the 18th BRICS summit in New Delhi has provided a significant boost to the BJP, offering a timely opportunity to strengthen its narrative against the opposition ahead of crucial assembly elections next year. BJP sources highlight the BRICS grouping's strong condemnation of the Pahalgam terror attack and the consensus declaration as major diplomatic victories for the Modi government, countering criticisms of its foreign policy. The party plans to leverage these outcomes during its month-long Seva Sankalp campaign to connect with various sections of society.

'If there is passion for motorsport in India, then it makes sense to host F1 race'

'If there is passion for motorsport in India, then it makes sense to host F1 race'

Rediff.com11 Oct 2026

Alpine managing director Steve Nielsen, a veteran of Formula 1 since 1985, shares insights into his four-decade career, the sport's evolution from a niche interest to a global powerhouse, and the roles of Bernie Ecclestone and Liberty Media in its growth. He also discusses the potential return of the Indian Grand Prix, highlighting India's significant F1 fanbase.

How ED Uncovered A Major IPL Betting Money Laundering Syndicate

How ED Uncovered A Major IPL Betting Money Laundering Syndicate

Rediff.com21 Sep 2026

The Enforcement Directorate has arrested Deepesh Bajoria, a principal bookie from Guwahati, in connection with a large-scale money-laundering investigation linked to an illegal T20 cricket-betting syndicate operating during IPL seasons across the Northeast. Bajoria allegedly used online platforms and encrypted channels to facilitate betting, routing over Rs 28 crore through a non-operational firm's bank account.

Shimla Police Crack Down On Drug Traffickers' Illegally Acquired Assets

Shimla Police Crack Down On Drug Traffickers' Illegally Acquired Assets

Rediff.com21 Sep 2026

Shimla Police have seized assets worth Rs 4.13 crore from 19 drug traffickers and their associates, believed to be acquired through illegal drug trade. The action followed an arrest in August 2026, leading to a detailed financial investigation under the NDPS Act. This seizure is part of a larger effort in 2026, where assets worth Rs 12.52 crore have been confiscated in 15 NDPS cases.

Pakistan batter Mohammad Rizwan barred from speaking on betting investigation

Pakistan batter Mohammad Rizwan barred from speaking on betting investigation

Rediff.com21 Sep 2026

Former Pakistan captain Mohammad Rizwan has been denied permission by the PCB to hold a media conference regarding an ongoing investigation by the National Cyber Crimes Investigation Agency into his alleged involvement with online betting and gambling. Rizwan and teammate Imam-ul-Haq had their phones confiscated and are being questioned.

Indian-Origin Jurist Navi Pillay Wins Nobel Peace Prize

Indian-Origin Jurist Navi Pillay Wins Nobel Peace Prize

Rediff.com9 Oct 2026

South African jurist Navanethem 'Navi' Pillay, of Indian origin, has been awarded the 2026 Nobel Peace Prize for her lifelong dedication to advancing human rights, peace, and international law, including her significant contributions to shaping international law on genocide and sexual violence.

Palghar Court Hands Down 20-Year Sentence For Child Sexual Assault

Palghar Court Hands Down 20-Year Sentence For Child Sexual Assault

Rediff.com24 Sep 2026

A Palghar court has sentenced Madhu Dharma Govari to 20 years of rigorous imprisonment for sexually assaulting a minor boy. The court rejected the defence's claim of improbability in a crowded locality, emphasizing that "bystander apathy" does not undermine a victim's testimony. Forensic evidence and the victim's credible account corroborated the conviction under POCSO Act and IPC.

Chandigarh Police Constable Shot Dead, Son Arrested For Murder

Chandigarh Police Constable Shot Dead, Son Arrested For Murder

Rediff.com25 Sep 2026

An 18-year-old in Chandigarh has been arrested for allegedly shooting his father, a police head constable, dead. The accused, Armaan, reportedly had an argument with his parents over his immediate desire to marry his girlfriend, a demand they rejected until he turned 21. Armaan was previously out on bail in a case where he was involved in a fatal accident. Police recovered a countrymade pistol and are investigating the source of the weapon.

ED Nabs Alleged Middleman In Punjab Police Corruption Case

ED Nabs Alleged Middleman In Punjab Police Corruption Case

Rediff.com21 Sep 2026

The Enforcement Directorate has arrested Kirshanu Sharda, an alleged middleman for suspended Punjab Police DIG Harcharan Singh Bhullar, in a money laundering case. Sharda is accused of facilitating illegal gratification for Bhullar, with investigations revealing unexplained cash deposits and frozen assets worth over Rs 1.42 crore.

India's fugitive hunt intensifies, 274 brought back from 36 nations in 7 yrs

India's fugitive hunt intensifies, 274 brought back from 36 nations in 7 yrs

Rediff.com4 Aug 2026

As many as 274 fugitives have been repatriated from 36 countries in the last 7 years, an average of around 40 per year and a 10-fold jump from the 2004-13 period when around four fugitives were brought back every year, the government said on Tuesday.

How Old Rivalry Led To A Deadly Gurugram Murder

How Old Rivalry Led To A Deadly Gurugram Murder

Rediff.com11 Sep 2026

Five individuals have been arrested in Gurugram for the murder of a 39-year-old man, a crime police say was a revenge killing stemming from an old rivalry. The accused had conspired to kill both the victim and his son, but only the father was fatally shot. Police apprehended the suspects after a chase, recovering a weapon and the motorcycle used in the incident, and are continuing their investigation.

Gujarat Police Arrest 13 In Pan-India Cyber Crime Bust

Gujarat Police Arrest 13 In Pan-India Cyber Crime Bust

Rediff.com23 May 2026

Gujarat cyber police have arrested 13 individuals allegedly involved in a network responsible for 982 cyber crimes across India, resulting in losses of over Rs 631 crore.

All-woman SIT to probe POCSO case against TN granite baron R Veeramani

All-woman SIT to probe POCSO case against TN granite baron R Veeramani

Rediff.com25 Sep 2026

The Tamil Nadu government has constituted an all-women Special Investigation Team (SIT) to probe the sensational POCSO case against granite baron R Veeramani (84), who is accused of sexual abuse of minor girls. The case has led to the easing out of two top IPS officers and allegations of delayed action and political interference.

Police Uncover Decades-Long Abuse In Veeramani POCSO Case

Police Uncover Decades-Long Abuse In Veeramani POCSO Case

Rediff.com19 Sep 2026

In a high-profile POCSO case, Chennai police have discovered more minor victims of sexual harassment allegedly by granite businessman R Veeramani, with investigators suspecting the abuse spans over two decades. Additional victims' statements have been recorded, and the case involves charges under POCSO, IT, and SC/ST Acts.

Why Bank Frauds Keep Rising

Why Bank Frauds Keep Rising

Rediff.com7 Aug 2026

'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'

Aya Nagar Gym Trainer Murder: Police Recover Key Motorcycle, Suspects Identified

Aya Nagar Gym Trainer Murder: Police Recover Key Motorcycle, Suspects Identified

Rediff.com17 Sep 2026

Police have recovered a motorcycle allegedly used in the killing of a 28-year-old gym trainer in Aya Nagar. Two suspects have been identified, and raids are underway to apprehend them. The investigation is delving into a long-running rivalry involving previous murders and potential organised crime links.

Crisis deepens in Pakistan cricket as Rizwan, Imam face inquiry over dressing-room leaks

Crisis deepens in Pakistan cricket as Rizwan, Imam face inquiry over dressing-room leaks

Rediff.com11 Sep 2026

Pakistan's National Cyber Crime Investigation Agency (NCCIA) has launched an inquiry into alleged dressing-room leaks involving senior players Mohammad Rizwan and Imam ul Haq. This follows a complaint from the Pakistan Cricket Board (PCB) amidst disciplinary issues during a Test tour of England. The players' phones have been handed over, and they have requested more time to respond to queries.

Assam Police Bust Interstate Cyber Crime Syndicate, Arrest Five

Assam Police Bust Interstate Cyber Crime Syndicate, Arrest Five

Rediff.com9 Mar 2026

Assam police have arrested five individuals for their alleged involvement in an interstate cyber crime syndicate, focusing on SIM card fraud and identity theft.

Police Uncover Decades Of Abuse In Veeramani POCSO Case

Police Uncover Decades Of Abuse In Veeramani POCSO Case

Rediff.com19 Sep 2026

The Central Crime Branch in Chennai has uncovered evidence suggesting that granite businessman R Veeramani's alleged sexual harassment of minors may span over two decades, predating 2003. The investigation, which began with a 2019 video clip, has identified multiple survivors, leading to charges under the POCSO Act, IT Act, and SC/ST Act against Veeramani and two accomplices. The Child Welfare Committee is also monitoring the case for further action.

Your KYC Is More Important Than You Think

Your KYC Is More Important Than You Think

Rediff.com11 Aug 2026

Keeping KYC information accurate and current should, therefore, be seen not merely as meeting a regulatory requirement, but as an important part of safeguarding one's own financial identity and safety, explains RBI Deputy Governor J Swaminathan.