News for 'financial crime'

Siddique murder: Man held in Maha over financial support to other accused

Siddique murder: Man held in Maha over financial support to other accused

Rediff.com17 Nov 2024

The Mumbai Crime Branch has arrested a Gujarat resident from Akola in Maharashtra in connection with the murder of NCP leader Baba Siddique, taking the total number of arrests in the case to 25. Salmanbhai Iqbalbhai Vohra, a resident of Petlad in Gujarat's Anand district, was arrested from Balapur in Akola. The 66-year-old NCP leader was gunned down on October 12 near his MLA son Zeeshan Siddique's office in Bandra East's Nirmal Nagar area. Vohra is alleged to have provided financial support to some of the accused in the case, including the brother of arrested accused Gurmail Singh.

'Peace Is Fragile, Remains Vulnerable To Provocations'

'Peace Is Fragile, Remains Vulnerable To Provocations'

Rediff.com22 Oct 2025

'You cannot 'clear' your way to peace.' 'You need intelligence, calibrated force, impartial law enforcement, political neutrality, humanitarian returns and a sustained reconciliation plan.'

Be Warned! AI Makes Identity Theft Easier

Be Warned! AI Makes Identity Theft Easier

Rediff.com18 Sep 2025

'The way the attacks are coming has become much stronger and much wider because of AI.'

Techie named by Maha woman doctor on her palm, arrested

Techie named by Maha woman doctor on her palm, arrested

Rediff.com25 Oct 2025

The doctor, hailing from Beed district and posted at a government hospital, was found hanging in a hotel room in Phaltan of Satara district on Thursday night.

Why We Must Worry About India's Human Rights Record

Why We Must Worry About India's Human Rights Record

Rediff.com18 Oct 2025

In May, 40 Rohingyas were blindfolded and flown to the Andaman and Nicobar islands and then thrown into the sea and made to swim to an island in Myanmar. And after the Pahalgam attack, at least 300 Muslims were 'pushed back' to Bangladesh from Assam.

FBI Praises CBI Rs 350 Cr Racket Bust

FBI Praises CBI Rs 350 Cr Racket Bust

Rediff.com28 Aug 2025

'Big Week For #USIndia Law Enforcement Collaboration'

Homebound Review: Highly Recommended

Homebound Review: Highly Recommended

Rediff.com26 Sep 2025

In the slot of rural poor, there are those who struggle to pull themselves out of crumbling hovels, and there are the Jamtara-like bunch who turn to crime. Neeraj Ghaywan's Homebound is about the former, whose quest for respect and dignity is thwarted because they are underprivileged, notes Deepa Gahlot.

IIM-Calcutta rape case: Accused used sleeping pills to spike cold drinks

IIM-Calcutta rape case: Accused used sleeping pills to spike cold drinks

Rediff.com14 Jul 2025

Police, however, have found several discrepancies in the statements of the accused student of the IIM-Calcutta, he said.

Crime, Cricket, Christmas On OTT!

Crime, Cricket, Christmas On OTT!

Rediff.com9 Dec 2023

Sukanya Verma's OTT recommendations this week.

UP boy kills e-rickshaw driver while resisting sexual assault

UP boy kills e-rickshaw driver while resisting sexual assault

Rediff.com26 Sep 2025

It was a textbook blind murder with scarce clues, no witnesses and no apparent motive.

Mumbai, Kohima safest for women; Delhi, Kolkata at bottom: NARI report

Mumbai, Kohima safest for women; Delhi, Kolkata at bottom: NARI report

Rediff.com28 Aug 2025

The National Annual Report & Index on Women's Safety (NARI) 2025 reveals the safest and least safe cities for women in India, highlighting factors influencing safety perceptions and experiences.

Man steals from employer's godown after befriending guard dogs

Man steals from employer's godown after befriending guard dogs

Rediff.com26 Aug 2025

A godown employee in Delhi stole over Rs 4 lakh from his employer after befriending the guard dogs. The theft was motivated by the employer's refusal to grant him a salary advance.

Khemka Murder: Shooter's Wife Refutes Police

Khemka Murder: Shooter's Wife Refutes Police

Rediff.com13 Jul 2025

'My husband weighs 102 kg, has a steel rod in his leg, how can he flee like the shooter in the CCTV footage?'

Sheena Bora murder: Indrani's daughter denies statement, cites forgery

Sheena Bora murder: Indrani's daughter denies statement, cites forgery

Rediff.com3 Sep 2025

Vidhie Mukerjea, a key witness in the Sheena Bora murder case, denied making a statement to probe agencies, claiming documents in the CBI chargesheet were forged. She also alleged that Rahul and Rabin Mukerjea stole her mother's assets and had a motive to falsely implicate her.

E-rickshaw puller by day, burglar by night!

E-rickshaw puller by day, burglar by night!

Rediff.com10 Jul 2025

A man leading a double life as an e-rickshaw puller by day and a burglar by night has been arrested in Delhi. The accused used his inconspicuous identity to avoid suspicion while targeting locked houses in residential areas.

ED to restore Rs 15K cr to victims of frauds; returns Rs 31,951 cr so far

ED to restore Rs 15K cr to victims of frauds; returns Rs 31,951 cr so far

Rediff.com21 Apr 2025

The Enforcement Directorate (ED) has earmarked assets worth about Rs 15,000 crore that will be restored to victims of real estate, Ponzi and other frauds across India during the current financial year. The agency has been "aggressively" initiating this provision for restitution since last year to ensure rightful claimants duped by financial crime get their dues. The ED has already restored Rs 31,951 crore worth of assets under this provision, including Rs 15,201.65 crore from 2019-21 in cases related to Vijay Mallya, Nirav Modi and the National Spot Exchange Limited (NSEL). The ED Director has issued directions to all regions to actively work on cases marked for restitution of assets worth Rs 15,000 crore during the financial year 2025-26.

Odisha law prof murders father in front of mother over financial dispute

Odisha law prof murders father in front of mother over financial dispute

Rediff.com3 Jul 2024

Preliminary investigations suggest that financial disputes may have triggered the fatal confrontation.

CBI to probe financial irregularities at RG Kar hospital

CBI to probe financial irregularities at RG Kar hospital

Rediff.com24 Aug 2024

The decision followed a petition by former deputy superintendent of the medical establishment, Akhtar Ali, who sought an investigation by the Enforcement Directorate (ED) into alleged financial misconduct during the tenure of the college's former principal, Sandip Ghosh.

CBI searches RG Kar ex-principal's premises over financial irregularities

CBI searches RG Kar ex-principal's premises over financial irregularities

Rediff.com25 Aug 2024

The anti-corruption unit of the Central Bureau of Investigation also searched the residences and offices of those engaged in supplying materials for the management and care of patients.

Actor Darshan arrested from wife's house after SC cancels bail

Actor Darshan arrested from wife's house after SC cancels bail

Rediff.com15 Aug 2025

Observing that persons regardless of popularity are equal before the law, the Supreme Court on Thursday cancelled the bail granted to actor Darshan and other accused in the Renukaswamy murder case.

Honeymoon murder: Sonam's lover used fake name to talk to her before murder

Honeymoon murder: Sonam's lover used fake name to talk to her before murder

Rediff.com19 Jun 2025

He said that the police launched a search operation in Indore to find the whereabouts of Verma whose phone remained switched off.

CBI brings back 'meow meow' kingpin from UAE

CBI brings back 'meow meow' kingpin from UAE

Rediff.com11 Jul 2025

An alleged synthetic narcotics producer, Kubbawala Mustafa, wanted on an Interpol Red Notice, was deported to India from the UAE in an operation coordinated by the CBI and Mumbai police.

PNB fraud: Nirav Modi's brother Nehal held soon after 3-year US jail term

PNB fraud: Nirav Modi's brother Nehal held soon after 3-year US jail term

Rediff.com6 Jul 2025

Nehal Modi, the younger brother of fugitive diamantaire Nirav Modi, has been arrested in the US based on extradition requests from the Enforcement Directorate and the CBI.

Why Are Bankers Committing Suicide?

Why Are Bankers Committing Suicide?

Rediff.com13 Aug 2025

In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.

Serial killer 'Doctor Death', who fed victims to crocodiles, arrested

Serial killer 'Doctor Death', who fed victims to crocodiles, arrested

Rediff.com21 May 2025

An Ayurveda practitioner-turned-criminal, 67-year-old Devender Sharma was convicted in multiple murder cases and was notorious for dumping his victims' bodies in the crocodile-infested waters of Hazara Canal at Kasganj in Uttar Pradesh.

What Triggered Gopal Khemka's Murder?

What Triggered Gopal Khemka's Murder?

Rediff.com11 Jul 2025

The police claim businessman Ashok Sao paid Umesh Yadav Rs 400,000 to kill Gopal Khemka last Friday.

On India's request, Interpol issues 1st silver notice

On India's request, Interpol issues 1st silver notice

Rediff.com28 May 2025

The Interpol has issued its first Silver notice, at India's request, to track the global assets of former French Embassy officer Shubham Shokeen, who is wanted in connection with a visa fraud. The Silver notice, introduced in January this year, aims to track illicit assets across the globe. India is among 51 countries participating in the pilot project for the Silver notice, which will continue until November. The Interpol has issued two Silver notices on the CBI's request - one against Shokeen for allegedly facilitating Schengen visas for illegal gratification and another against Amit Madanlal Lakhanpal, who is wanted by the Enforcement Directorate for allegedly creating a cryptocurrency without permission and defrauding investors.

UP: ED probes Chhangur Baba's Rs 106 cr conversion racket

UP: ED probes Chhangur Baba's Rs 106 cr conversion racket

Rediff.com10 Jul 2025

The Enforcement Directorate (ED) is investigating the assets and finances of Jalaluddin alias Chhangur Baba, the alleged mastermind of an illegal religious-conversion racket in Uttar Pradesh. The ED has written to various authorities and banks to gather information and is expected to seek custodial remand for questioning.

Ex-Secretary Arrested For Swindling Alia Bhatt

Ex-Secretary Arrested For Swindling Alia Bhatt

Rediff.com9 Jul 2025

Alia Bhatt's former secretary Vedika Shetty was arrested by the Juhu police in Mumbai for swindling Rs 76 lakhs from her production house, Eternal Sunshine Productions Pvt Ltd, and her personal accounts.

'UCO Bank's strategy is to raise capital in tranches'

'UCO Bank's strategy is to raise capital in tranches'

Rediff.com27 Jun 2025

'Raising the entire amount in one go may not be prudent, given the market dynamics.'

'Justice got killed': 7/11 Mumbai train blasts survivors on verdict

'Justice got killed': 7/11 Mumbai train blasts survivors on verdict

Rediff.com21 Jul 2025

'No one got punished for the irreparable damage and pain suffered by thousands of families'

Mumbai's Lilavati Hospital trust alleges Rs 1,500 cr fraud by ex-trustees

Mumbai's Lilavati Hospital trust alleges Rs 1,500 cr fraud by ex-trustees

Rediff.com12 Mar 2025

The Lilavati Kirtilal Mehta Medical Trust (LKMMT), which runs Mumbai's Lilavati Hospital, has accused its former trustees and related individuals of misappropriating over Rs 1,500 crore. The trust has filed complaints with the Enforcement Directorate (ED) and the Bandra Police Station, alleging that the misappropriation, uncovered during a forensic audit, has impacted the trust's operations and healthcare services. The trust has also claimed that black magic was performed in the hospital premises by former trustees and related individuals. The Bandra Magistrate Court has ordered an inquiry against these individuals. The current trustees have identified large-scale irregularities in the hospital management body's affairs and appointed forensic auditors who found that over Rs 1,500 crore has been siphoned and misappropriated by the former trustees. The Mumbai police's Economic Offences Wing (EOW) has initiated a probe into an alleged cheating case of Rs 85 crore registered against three former trustees of the hospital.

Bangladesh court issues arrest warrants against Hasina, son in land case

Bangladesh court issues arrest warrants against Hasina, son in land case

Rediff.com15 Apr 2025

A court in Bangladesh has issued fresh arrest warrants against former Prime Minister Sheikh Hasina, her son Sajeeb Wajed, and 16 others in two cases related to alleged irregularities in allocating residential plots on the outskirts of the capital. The warrants were issued based on chargesheets filed by the Anti Corruption Commission (ACC), which alleges that Hasina and her family members illegally acquired plots in Purbachal New Town by abusing state power. The court has ordered police to submit a report by April 29 on the progress of executing the warrants. This is the latest in a series of legal actions against Hasina and her family members since her Awami League regime was toppled last year in a student-led mass uprising.

In Beijing, Doval issues veiled warning to Pakistan

In Beijing, Doval issues veiled warning to Pakistan

Rediff.com24 Jun 2025

National Security Adviser Ajit Doval on Tuesday called for shunning double standards in combating terrorism and urged members of the Shanghai Cooperation Organisation (SCO) to hold accountable perpetrators, organisers and financers of cross-border terrorism, seen as reference to Pakistan.

Spot the Scam Before It Spots You!

Spot the Scam Before It Spots You!

Rediff.com8 Jul 2025

Fraudsters lure individuals with false promises of recovering bonuses or maturity proceeds from lapsed policies.

Akali leader Bikram Majithia arrested in DA case

Akali leader Bikram Majithia arrested in DA case

Rediff.com25 Jun 2025

Majithia and his wife claimed that members of the Vigilance Bureau barged into their house in Green Avenue in Amritsar. They claimed that a similar raid was conducted at their residence in Chandigarh.

When Gujarati Muslims Dominated Bombay Politics

When Gujarati Muslims Dominated Bombay Politics

Rediff.com26 Aug 2025

'They wanted the city to be a great business hub. They didn't like the fact that taxes collected in Bombay would go outside the city.'

70 lakh mobile numbers involved in financial frauds disconnected

70 lakh mobile numbers involved in financial frauds disconnected

Rediff.com28 Nov 2023

To check digital frauds, the government has disconnected 70 lakh mobile numbers so far involved in cybercrime or financial frauds, Financial Services Secretary Vivek Joshi said on Tuesday. Emerging from a meeting to discuss issues related to financial cyber security and increasing digital payment fraud, Joshi, who chaired the meeting, said banks have been asked to strengthen the system and processes in this regard. More such meetings would take place, he said, adding the next meeting is scheduled in January.

After Srikanth, actor Krishna held in Chennai drug trafficking case

After Srikanth, actor Krishna held in Chennai drug trafficking case

Rediff.com27 Jun 2025

This follows an earlier incident on May 22, 2025, in which a large quantity of drugs was seized near the Nungambakkam railway station, according to a Greater Chennai Police press release.

RBI turned down request to appoint ex-CBI official on board: Religare

RBI turned down request to appoint ex-CBI official on board: Religare

Rediff.com25 Oct 2024

Religare Enterprises, a financial services firm, has disclosed that the Reserve Bank of India (RBI) turned down its application to appoint Rakesh Asthana as its whole-time director in May this year without citing any reasons. Asthana is a former top official of the Central Bureau of Investigation (CBI). In a notice to the stock exchanges, Religare said that while the company and Asthana were weighing the options of dealing with the letter of refusal by the RBI, it was also busy in preparing for the "herculean task" of making ready multiple applications to regulators.