News for 'financial crime'

IPS Deven Bharti takes over as Mumbai Police commissioner

IPS Deven Bharti takes over as Mumbai Police commissioner

Rediff.com1 May 2025

Deven Bharti, a veteran IPS officer with experience in high-profile cases including the 26/11 Mumbai terror attacks, has assumed charge as the new commissioner of Mumbai police. He emphasized the importance of effective policing, citizen engagement, and combating cybercrime as key priorities for his tenure. Bharti, known for his investigative skills, previously served in various roles within the Mumbai Police and Maharashtra Anti-Terrorism Squad.

US Sanctions May Not Stop Russian Oil Flow To India

US Sanctions May Not Stop Russian Oil Flow To India

Rediff.com4 Nov 2025

Sanctioning Russian oil would have led to a sharp surge in oil prices to above $80 per barrel levels, which would impact pump prices in the US ahead of midterm elections next year.

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.

Jamiat chief flags Muslim discrimination, cites Al Falah case; draws flak

Jamiat chief flags Muslim discrimination, cites Al Falah case; draws flak

Rediff.com23 Nov 2025

Jamiat Ulama-i-Hind chief Maulana Arshad Madani's remarks alleging discrimination against Muslims, citing the Al Falah University case, have sparked a row with the BJP, who accused him of supporting terrorists.

Largest 'digital arrest' fraud: Mumbai businessman loses Rs 58 cr

Largest 'digital arrest' fraud: Mumbai businessman loses Rs 58 cr

Rediff.com16 Oct 2025

In the latest case, the fraudsters, posing as personnel of the Enforcement Directorate and the Central Bureau of Investigation, contacted the businessmen between August 19 to October 8 and claimed his name had cropped up in a case of money laundering.

CBI Raids 10 Sites in Cyberfraud Crackdown

CBI Raids 10 Sites in Cyberfraud Crackdown

Rediff.com14 Jun 2025

The raids were linked to a sophisticated organised investment fraud scheme targeting unsuspecting individuals through fake mobile apps and WhatsApp groups.

May entrust probe into digital arrest cases to CBI: SC

May entrust probe into digital arrest cases to CBI: SC

Rediff.com27 Oct 2025

The Supreme Court is considering entrusting the CBI with the investigation into digital arrest cases, citing the magnitude and pan-India spread of such crimes. The court has sought details of FIRs registered in different states and union territories and is monitoring the progress of the investigation.

26/11 plotter Abu Jundal's stalled trial to resume after HC ruling

26/11 plotter Abu Jundal's stalled trial to resume after HC ruling

Rediff.com3 Nov 2025

The trial of Abu Jundal, accused in the 26/11 Mumbai terror attacks, is set to resume after the Bombay High Court overturned a lower court order requiring authorities to hand over confidential documents to the accused.

Crime, Cricket, Christmas On OTT!

Crime, Cricket, Christmas On OTT!

Rediff.com9 Dec 2023

Sukanya Verma's OTT recommendations this week.

Is Your Child A Digital Addict?

Is Your Child A Digital Addict?

Rediff.com6 Oct 2025

'Parents only realise the trap in which their children fell after losing money. Some exploit children for sexual acts such as pornography and the narcotics trade.'

Will Xi Jinping's Enemies Stage A Coup?

Will Xi Jinping's Enemies Stage A Coup?

Rediff.com27 Nov 2025

If Xi Jinping is dethroned in the future, the instrument for that may well be embedded within the PLA, notes former foreign secretary Shyam Saran.

'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.'

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'

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.

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.

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.

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.

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.

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?'

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Living In The Times Of Crime

Living In The Times Of Crime

Rediff.com3 May 2023

Redress for a victim is not easy. It is not really painful to file a cyber-crime complaint.
But someone who is technically unsophisticated enough to fall for a scam will find it hard to navigate the processes, points out Devangshu Datta.

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.

Cyber crime: CBI raids 115 places in India in coordination with Interpol, FBI

Cyber crime: CBI raids 115 places in India in coordination with Interpol, FBI

Rediff.com5 Oct 2022

The CBI has registered 11 cases against cyber criminals involved in financial fraud using the internet and the agency conducted searches at 87 locations while 28 locations were raided by the state police forces, they said.

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.

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.