Investigating agencies have finally taken Jignesh Shah, promoter of Financial Technologies into custody, ten months after the scam broke out.
The Enforcement Directorate on Thursday said it has frozen assets worth Rs 143 crore of prominent Kerala-based NBFC Manappuram Finance Ltd's MD and CEO V P Nandakumar after it conducted raids as part of a money laundering investigation. A total of six premises in Thrissur, where the company is headquartered, were covered during the searches that were launched on Wednesday. The case pertains to allegations of money laundering through "illegal" collection of deposits from the public, the agency said in a statement.
The man was caught from near the Aluva bridge on Thursday evening where he was drinking alcohol. The suspect attempted to escape from the police by jumping into the nearby river and swimming away, but was caught with the help of local residents and pulled out of the water.
Hema and her lawyer Haresh Bhambhani were killed on December 11, 2015, and the bodies were stuffed into cardboard boxes and thrown into a ditch in Kandivali area of Mumbai.
The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be 'extraordinarily generous' to Securities and Exchange Board of India (SEBI) and asserted that the party's fight against crony capitalism and its ill-effects on prices, employment and inequalities will continue.
On the International Women's Day, Prime Minister Narendra Modi on Sunday denounced crimes against women, saying "our heads hang in shame", and announced that the government is setting up 'One-Stop-Centres' besides a helpline for those facing violence, abuse or harassment.
A top leader of fundamentalist Jamaat-e-Islami party and Bangladeshi media doyen Mir Quasem Ali was sentenced to death on Sunday by a special tribunal for war crimes he committed during the independence war against Pakistan in 1971, days after the party's chief was given capital punishment on identical charges.
The bank is looking to combat financial times.
The bodies of Rakesh Kamal, 57, his wife, Teena, 54, and their 18-year-old daughter, Ariana, were found in their Dover mansion at about 7:30 p.m. Thursday, Norfolk District Attorney (DA) Michael Morrissey said.
Cyber crimes caused by the insured's employees also get covered under the policy but would exclude the actual perpetrator.
The total assets of seven Members of Parliament analysed from Telangana is Rs 5,596 crore, that of 11 MPs from Andhra Pradesh is Rs 3,823 crore, and 30 MPs analysed from Uttar Pradesh have total assets worth Rs 1,941 crore.
'We are the same people who can quench a man's thirst and also kill him.'
The two women, who had earned their daily bread selling lottery tickets on the streets of Kochi, were allegedly sacrificed by the accused to settle their financial issues and bring prosperity in life, police said.
Italian finance police raided Serie A club Napoli's head offices on Wednesday, taking away a number of documents in an investigation into possible foul play.
The Enforcement Directorate had asked for financial details from both public and private sector banks and a part of these details were submitted last week
Fraudsters in Himachal Pradesh minted a series of a cryptocoins -- two of which were KRO and DGT -- to cheat thousands of investors of more than Rs 200 crore over a period of five years, beginning in 2018 -- the year the crypto reached fever pitch.
The court allowed Raut's plea for home food and medicines, but refused to pass an order on his prayer for bedding.
The bill will be discussed in the state Assembly on June 18.
In the human sacrifice case, a pervert is the prime accused, who exploited the fears of a man and his wife over their financial woes and two women were killed following torture, police said.
Sources said the police are likely to seek the Parliament's permission to recreate the December 13 incident that unfolded on the anniversary of the 2001 attack on it.
'Countries like Israel said openly that they will hunt people down. We have no such policy.' 'We have always been following the legal process of getting them (people wanted by India) through extradition.'
The Congress urged Modi to come forward and order a JPC probe into the Rafale deal.
Sacked Rajasthan minister Rajendra Gudha on Wednesday made public three pages of the purported "red diary" which he has claimed contains the details of financial misdeeds of the Congress government and cited their contents to allege corruption in Rajasthan Cricket Association election.
In a recent blogpost, Google said hijackers routinely attempt to sign in to sites across the web with credentials exposed by third-party breaches. If netizens use strong, unique passwords for all their accounts, this risk disappears, it said.
On Tuesday, the former minister also claimed that he wanted to table the diary in the assembly.
Vouching for preserving its independence and sovereignty, Muizzu made a firm commitment to ensure that the Maldives remains "free of any foreign military presence."
The sensational Sheena Bora murder case has taken yet another turn with the Mumbai police seizing a suitcase that was purportedly meant for packing the body of her brother, Mikhail whom Indrani Mukherjea had allegedly planned to kill, even as key accused Sanjeev Khanna and the driver were taken to spot to re-create the crime scene.
The ED probe pertains to alleged financial irregularities in the redevelopment of Patra Chawl, a tenement, and related financial transactions involving his wife and associates.
Over 160 people, including a number of Israeli nationals were killed in the terror attack on November 26, 2008
'If we have to restrict and fight terrorism, first and foremost, we have to ensure communal harmony in the country.'
Each of the defendants was associated with the Micropower Career Institute, a for-profit school with five campuses in New York and New Jersey, or the Institute for Health Education, a for-profit school located in New Jersey. Suman Guha Mozumder reports.
A bench of Justices Sanjiv Khanna and SVN Bhatti, which reserved its verdict on two separate regular bail pleas of Sisodia in the corruption and money laundering cases, told the ED it cannot go by the assumption of bribe having been paid, and whatever protection an accused enjoys under law needs to be granted.
Seven electric two-wheeler companies have suffered a cumulative loss of over Rs 9,000 crore on account of unpaid dues and loss of market after their subsidies were stopped last year, the Society of Manufacturers of Electric Vehicles (SMEV) said on Wednesday. These companies have also been directed by the govt to refund the subsidies availed by them. The audit by SMEV's chartered accountants indicates the total, cumulative damages to affected companies could account for over Rs 9,000 crore on a conservative basis, it noted.
Financial institutions are 300 times more vulnerable to cyberattacks than any other industry.
A 40-year-old freelance journalist has claimed a person 'hypnotised' him over the phone and duped him of Rs 40,000, but police and experts said this is one of the 'most normal kinds of cyber fraud' and not a case of hypnosis.
Dubai Islamic Bank has installed an integrated anti-money laundering and compliance solution in an effort to curb financial crime. The solution developed by Norkom Technologies, will be implemented across the bank's operations in the UAE and Pakistan.
'Today, I wish to announce that I have decided to proceed with opening an investigation into the situation in Ukraine, as rapidly as possible... I have reviewed the Office's conclusions arising from the preliminary examination of the situation in Ukraine, and have confirmed that there is a reasonable basis to proceed with opening an investigation,' the ICC statement read.
While courts are there to tackle crime and a few non-government organisations support victims of crime, NCW, a body empowered to take suo moto interest in a case, is in between, says Aparna Kalra
In a landmark overhaul of colonial-era criminal laws, the Centre on Friday introduced in the Lok Sabha three bills to replace the IPC, CrPC and the Indian Evidence Act, proposing among other things repeal of the sedition law and introducing a new provision with a wider definition of the offence.
