If convicted, each defendant faces a maximum penalty of 30 years.
The Enforcement Directorate has also taken interest in the case and sought related documents and FIR copies from the local police, they added.
What is digital house arrest? It is a tactic cybercriminals use to confine victims to their homes and scam them, explains Tamal Bandyopadhyay.
IMF chief Christine Lagarde has been put under formal investigation by French magistrates for alleged negligence in a political fraud affair dating from 2008 when she was finance minister.
The Congress party stated that Rahul Gandhi's lawyer raised the issue of a threat to his life without his consent and will withdraw the statement in court. The lawyer filed an application stating Gandhi could face harm from followers of Vinayak Damodar Savarkar and Nathuram Godse's ideology.
Following the 'dog babu' incident, another canine application for a residence certificate has surfaced in Nawada, Bihar. An FIR has been registered for the attempt.
An FIR was lodged on Thursday at Babupurwa police station in Kanpur, accusing the SP general secretary and his wife of amalgamating companies for converting black money into white, Additional Director General of Police (Law and Order) Brij Lal told PTI.
Former FIFA president Sepp Blatter and France soccer great Michel Platini were both cleared of corruption charges by a Swiss court on Tuesday.
Cyber fraudsters posing as Delhi ATS and Jammu & Kashmir police personnel cheated an elderly woman from Mumbai of Rs 22 lakh after accusing her of spying for Pakistan, officials said on Wednesday.
'The kids are already used to this place. We go back and that's a different environment.' 'So, mentally, emotionally we are stressed.'
The Election Commission has asked RJD leader Tejashwi Yadav to hand over a voter ID card for investigation after he claimed to possess it despite it not being officially issued. The controversy arose after Yadav alleged discrepancies in the electoral rolls and claimed his voter ID number was changed.
The Bombay High Court ruled that possessing documents like Aadhaar, PAN, or voter ID does not automatically grant Indian citizenship, emphasizing the importance of the Citizenship Act of 1955.
In its FIR filed recently, the CBI has named Khattar and his company Carnation Auto India Limited for allegedly causing a loss of Rs 110 crore to Punjab National Bank.
A couple from Kerala, running a chit fund company in Bengaluru, has allegedly fled after cheating over 1,300 investors of more than Rs 50 crore. Police have launched a manhunt and are investigating the extent of the fraud.
This marks a 67% increase from the Rs 2,537 crore lost in scams in 2022-2023.
The Centre told the bench that compensation to the beneficiaries was already paid and the land was acquired but subsequently, one person, on the strength of a power of attorney, filed a reference case.
'9 September saw Kathmandu and other key cities under the control of goons.' 'There was no authority, the police was nowhere.' 'The crowds torched all three centres of the state -- the supreme court, parliament and the Singha Durbar government headquarters.' 'The army stayed aloof from the complete destruction of these edifices, which is less than a kilometre from its headquarters.'
A former chief executive of Indian origin was found guilty in an accounting fraud will pay about $52 million over two years to the victims, a media report said.
The Supreme Court on Tuesday dismissed the Punjab government's appeal against a high court verdict quashing its decision to expand the definition of 'NRI quota' for admissions in undergraduate medical and dental courses in the state. "This fraud must come to an end now," the apex court said.
He has to appear before the court on January 24, 2019.
It adds that banks could be hiding some of the fraud cases, masking these as bad debt
A special court here on Friday granted bail to Yes Bank co-founder Rana Kapoor in the Rs 466.51 crore bank fraud case, paving the way for him to walk out of jail after four years. The Enforcement Directorate (ED) arrested Kapoor in March 2020 in a money laundering case, and he has been booked in eight cases related to fraud at the bank.
Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.
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.
Enforcement Directorate is jointly probing the case.
Sources said Mallya has also been asked to furnish documents related to his personal finances
A bench of Justices Surya Kant and Joymalya Bagchi is likely to take up the matter in which the EC has justified its ongoing SIR of electoral rolls in Bihar, saying it adds to the purity of the election by "weeding out ineligible persons" from the electoral rolls.
The Enforcement Directorate on Wednesday said it has attached fresh assets worth Rs 29.75 crore of fugitive diamond trader Nirav Modi under the anti-money laundering law. A provisional order has been issued under the Prevention of Money Laundering Act (PMLA) to attach these assets that are in the form of bank deposits, land, and buildings, it said in a statement.
The average time lag between the date of occurrence of a fraud and its detection is 23 months; for large frauds (Rs 100 crore and above), it was 57 months.
RBI said a total of 8,707 frauds involving Rs 1 lakh and above were detected during 2019-20 involving an amount of Rs 185,644 crore.
'Vigilance' is a dreaded term for PSB employees and there are instances where this fear is misused by the higher authorities to tame their subordinate officials. This fear always deters PSB executives from making decisions -- the fewer the decisions, the less the chance of falling into trouble, points out Tamal Bandyopadhyay.
'Self-declaration from the customer in case of no change in KYC information or change only in the address details may be obtained.'
Why not stream all the data in real time to multiple recipients? It would make the investigation of aviation incidents much easier and far more transparent, recommends Devangshu Datta.
Indian diplomat Devyani Khobragade, whose arrest soured India-US relations, was on Friday re-indicted on visa fraud charges, a couple of days after a US court dismissed an earlier indictment.
Over 6,900 corruption cases probed by the Central Bureau of Investigation were pending trials in different courts, 361 for more than 20 years, according to the latest annual report of the Central Vigilance Commission (CVC). Besides, as many as 658 corruption cases were pending CBI investigation, 48 for more than five years.
'The Election Commission's involvement in the avoidable SIR controversy has carried a message down to the last voter -- who just does not like it,' observes N Sathiya Moorthy.
Jailed journalist Mahesh Langa, already facing multiple charges, has been booked in a fresh case for allegedly extorting Rs 40 lakh from a real estate agent by threatening to malign his image and implicate him in a false case. This is the fifth FIR registered against him since his arrest in October 2023 for an alleged Goods and Services Tax (GST) scam. The latest case was registered based on a complaint by Janak Thakor, a real estate agent, who alleged that Langa threatened to write negative articles about him and trap him in a false case unless he paid the money. Langa has been in jail since his arrest in October and is facing charges in four previous cases registered by Ahmedabad, Gandhinagar, and Rajkot police.
One of the most exploited provisions is Section 10(13A), which permits exemption on HRA.
Film producer Shibaji Panja was detained at the airport in Kolkata by the Delhi police after the team landed on Saturday night.
