A 37-year-old government doctor in Jalandhar, Punjab, died by suicide, leading to her ophthalmologist husband being booked for abetment. The victim's father alleges her husband subjected her to physical and mental torture over extramarital affairs and committed financial fraud by forging her signature for a large loan. The accused husband is currently absconding.
The Supreme Court has ruled that borrowers are not entitled to a personal hearing before banks classify their loan accounts as "fraud" under RBI directions, clarifying that a written response to a show-cause notice and access to the forensic audit report (with redactions) are sufficient for natural justice.
Kapil Chugh, accused of masterminding a Rs 1,825 crore GST refund fraud, has been arrested by DGGI officers upon his return from Dubai. He is alleged to have evaded investigation and is wanted in other economic criminal cases.
A US judge has granted Gautam Adani's request for a hearing to dismiss a US Securities and Exchange Commission (SEC) fraud case, with Adani's legal team arguing the case lacks jurisdiction and credible evidence.
Kushinagar police busted an international fraud syndicate that allegedly lured Nepali citizens with false promises of jobs and higher education, arresting ten members and rescuing 453 Nepali nationals.
A 42-year-old man has been arrested in Dehradun for allegedly defrauding Congress leaders of crores of rupees by impersonating Rahul Gandhi's personal secretary. He has been sent to judicial custody, and police are seeking further custody for questioning.
Police in Gonda, Uttar Pradesh, have registered a case against 69 former and serving officers and employees of an Indian Bank branch for allegedly embezzling nearly Rs 5 crore from a union account. The case was filed following a court order after the accused failed to return the embezzled funds despite an earlier undertaking.
Gurugram Police have arrested four individuals allegedly involved in an online betting fraud operation. The accused lured users with online gaming advertisements, processed payments through QR codes, and earned commissions on deposits.
A Haryana government employee has been arrested in connection with the Rs 590 crore IDFC First Bank fraud case, which involved state government accounts and led to the recovery of nearly Rs 556 crore within 24 hours.
Delhi Police have arrested three individuals, including a caretaker, for allegedly perpetrating a cyber fraud involving the misuse of a complainant's credit card details to purchase gold coins worth over Rs 9.58 lakh.
A 20-year-old hotel receptionist in Delhi has been arrested for allegedly stealing a guest's mobile phone and fraudulently transferring Rs 1.10 lakh from his bank account using IMPS transactions. Police have recovered the stolen phone and frozen a significant portion of the stolen amount.
Gurugram Police have busted a gang involved in defrauding a person by mortgaging and selling his luxury vehicles, which they acquired under the guise of renting them for weddings and events. The alleged mastermind, Krishna Dixit, has been arrested.
A 70-year-old man from Thane was allegedly duped of Rs 40.5 lakh by cyber fraudsters posing as police officers who threatened him with arrest in a fake terror funding case.
A woman constable in Mumbai Police was allegedly defrauded of Rs 12.46 lakh after her mobile phone was hacked via an APK file, leading to a personal loan being fraudulently obtained in her name.
A 60-year-old retired man and 21 others in Thane district were allegedly defrauded of over Rs 31 lakh through a malicious link disguised as a piped gas bill update. The victims received an APK file via WhatsApp, leading to unauthorised debits from their bank accounts.
Pune police have dismantled a large online gaming racket that defrauded individuals by luring them to invest in fake gaming apps. Two key individuals have been arrested, and a case registered against 12 people. The operation involved a call centre with 120 employees, and police seized substantial amounts of cash, gold, silver, computers, mobile phones, and a pistol during raids.
The Supreme Court on Monday sought response from the CBI on a bail plea filed by former DHFL promoter Kapil Wadhawan in an alleged Rs 34,926 crore bank fraud case. A bench of Justices JK Maheshwari and Vijay Bishnoi issued notice to the agency and sought its response.
Delhi Police arrested 27 individuals across 11 states for involvement in cyber fraud cases exceeding Rs 1.5 crore, uncovering a network engaged in various scams including investment fraud and social media impersonation.
CPI(M) state secretary M V Govindan has accused a Kozhikode-based cooperative society of fraud following the alleged suicide of a depositor, claiming the society, run by local Congress leaders, failed to return the deceased's money.
Police in Lucknow busted a gang that misused the Mudra loan scheme to create fake GST firms and commit input tax credit fraud worth approximately Rs 1.3 crore.
An FIR has been registered against a scrap firm owner and two others in Thane for allegedly siphoning off 21,000 kg of aluminium material worth Rs 46.20 lakh from a prominent builder using a modified transport vehicle.
The Anti-Corruption Bureau registered an FIR, while the state government constituted a committee to examine the fraud.
The owner of Shivam Associates in Belagavi has been arrested following allegations of multi-crore investment fraud and unregulated financial activities. Authorities are investigating the firm's dealings with thousands of investors.
Delhi Police have dismantled an interstate cyber fraud network, arresting three individuals involved in digital arrest and investment scams that defrauded victims of over Rs 80 lakh.
Police in Uttar Pradesh have arrested three individuals for allegedly defrauding several people by promising to arrange their Haj pilgrimage. The accused collected money but neither facilitated the pilgrimage nor returned the funds.
Trinamool Congress MP Abhishek Banerjee's Kolkata residence was raided by police and central forces for over four hours in connection with a financial fraud case, targeting his close aide Sumit Roy, whose mobile phone was last traced to the property.
Punjab minister Sanjeev Arora has been sent to judicial custody for two weeks in connection with an alleged Rs 100-crore money laundering case. The Enforcement Directorate produced Arora before the court after completing his extended remand. The minister's next court appearance is scheduled for June 1st.
Gurugram Police have dismantled a nationwide cyber fraud network, arresting 10 individuals involved in scams that defrauded victims of Rs 40 crore.
Mumbai Police's 1930 cyber helpline has successfully intercepted and frozen over 101 crore defrauded from citizens in the last five months, preventing significant financial losses.
Reliance Group Chairman Anil Ambani on Tuesday appeared before the Enforcement Directorate here for questioning in a money laundering case linked to alleged multiple bank loan fraud cases worth crores of rupees against his group companies, official sources said.
A Mumbai court has rejected a plea by a couple, former officials of New India Co-operative Bank, accused of a Rs 122-crore fraud, to appear via video conferencing from the UK, deeming their request as showing 'huge abysmal entitlement'. The couple cited a 'hostile environment' and 'threats to their lives' if they returned to India.
Seven individuals have been booked in Jaipur for alleged land fraud, forgery, and criminal conspiracy following a court order. The accused are alleged to have created forged property documents to illegally take possession of residential plots in the Narayan Vihar area.
Police in Thane have registered a case against five individuals, including a former government employee, for allegedly transferring state-owned land using forged documents. The accused are said to have misled the registrar's office and used outdated land records to illegally transfer plots in Shahpur taluka.
The Enforcement Directorate (ED) is shifting its focus to emerging financial crimes such as cryptocurrency fraud, terror financing, cyber-enabled crimes, and narcotics trafficking, according to Director Rahul Navin. The agency reported a high conviction rate and significant asset restitution to victims of financial fraud.
The CBI has arrested Lakhan Jaiprakash Jagwani, a key accused in a case involving the alleged defrauding of US nationals of USD 8.5 million through illegal call centres.
Delhi Police have dismantled a cyber fraud syndicate involved in providing mule bank accounts, arresting 14 individuals across multiple locations. The syndicate allegedly supplied bank accounts, SIM cards, and ATM cards to fraudsters running fake investment schemes and online job scams, laundering the proceeds through these accounts.
The Delhi Police's Economic Offences Wing (EOW) has dismantled a GST fraud cartel, arresting six individuals involved in swindling Rs 128 crore through shell companies and fake invoicing.
The Enforcement Directorate has attached a bungalow belonging to former Kolkata Police deputy commissioner Santanu Sinha Biswas in connection with a land grab and fraud case. The ED also conducted searches at multiple locations, recovering gold, cash, and property documents.
Delhi Police have dismantled a cyber fraud racket based in Mewat, arresting four individuals for allegedly impersonating Indian Air Force officials and defrauding businessmen using forged documents.
Gujarat police have arrested 10 individuals in connection with a cyber fraud racket involving over Rs 53 crore and spanning at least 20 states. The accused lured individuals into renting out their bank accounts, which were then used to receive and transfer funds obtained through various fraudulent schemes.
