The Department of Telecommunications (DoT) has introduced a new authorisation regime, replacing multiple licences with a single permission for principal telecom services, aiming to simplify compliance and accommodate evolving technologies. This move is expected to ease business operations, enhance fraud prevention with AI, and expand connectivity, especially through satellite networks.
While opening new accounts, banks can check if the name appears in any mule data. In case it does, the bank can conduct enhanced due diligence.
The Delhi Police returned 532 recovered lost and stolen mobile phones to their owners under 'Operation Vishwas'. The event included cyber crime and drug abuse awareness sessions.
Larger NGOs could no longer work with smaller ones, especially those organisations working on the ground that had no means of or expertise in raising money themselves, reveals Aakar Patel.
The CBI has arrested Ubaid Ullah, a key conspirator in a cyber crime network, from Guwahati. He is accused of illegally procuring over 10,000 SIM cards for use in cyber crimes.
Police in Shimla warn the public about fraudulent websites designed to dupe people under the guise of cricket match ticket bookings. The Cyber Helpline Data Centre has received numerous complaints, highlighting the difficulty in distinguishing these fake sites from genuine ones.
According to court documents, Singh carried out an investment fraud through an entity known as the Perfect Financial Group.
A Mumbai-based businessman was allegedly duped of Rs 3.25 crore by a nine-member inter-state gang promising high investment returns. The gang also allegedly assaulted and threatened the businessman. Police have registered a case and handed it over to the Mumbai Crime Branch for further investigation.
The Enforcement Directorate has launched a money laundering investigation into the alleged embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank, conducting searches across multiple locations.
A Delhi court has affirmed that travelling abroad is an integral part of Fundamental Rights, allowing a woman accused in a money laundering case to visit Thailand for her children's summer vacation. The court balanced her right to travel against the risk of her fleeing justice, finding no evidence to suggest she would abscond.
A software engineer earning a high salary allegedly abandoned his career to run a fake online trading racket, duping investors of nearly Rs 100 crore.
Con City has a fun premise and a handful of clever scams, but its biggest con is convincing you it's smarter than it really is.
Police in Thane have registered a case against two men accused of defrauding 12 people of Rs 1.78 crore through a bogus share market scheme.
Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, appeared before the Enforcement Directorate in Kochi for questioning regarding a money laundering case involving her defunct IT firm, Exalogic Solutions Private Ltd, and mining company CMRL. The probe focuses on alleged payments made without services and loans extended despite repayment failures, leading to accusations of generating "proceeds of crime."
'But two things worked against them: People kept coming forward, and -- crucially -- these were not outsiders.'
The quantum of fraud detected by the bank is more than the 503 crore net profit it reported for the October-December quarter of 2025-2026.
In the latest Rediff series exploring non-traditional careers, Sandeep Goel, professor and dean-research at MDI, Gurgaon lists a range of high-growth finance careers beyond CA, CS, and MBA degrees.
A Belagavi court has remanded Shivaanand Neelannavar, the alleged kingpin of a multi-crore ponzi scheme, to 10 days of CID custody for further investigation. The case involves an alleged fraud of nearly Rs 1,000 crore and affects around 35,000 investors.
Two men have been arrested in Delhi for allegedly defrauding a resident of Rs 2 lakh through a fake online trading scheme.
The Punjab government has redistributed portfolios held by arrested minister Sanjeev Arora among other cabinet members, including Aman Arora, Harjot Singh Bains, and Tarunpreet Singh Sond.
Police in Karnataka have arrested an individual running a firm accused of operating a multi-crore deposit scam, attracting investments with promises of high returns. The case involves Shivaanand S Neelanavar and his firm Shivam Associates, also known as Acumen, who allegedly failed to return money to depositors after promising a 36 per cent annual return.
Byju Raveendran, founder of the embattled edtech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt of court over alleged non-compliance with disclosure orders, a ruling he described as "procedural" and plans to appeal.
Mumbai Police have arrested a man for allegedly cheating a couple of Rs 30 lakh by promising them a flat in a Slum Rehabilitation Authority's building in Andheri.
The CBI has arrested five individuals, including a key figure, in connection with the LUCC chit fund scam in Uttarakhand, which involves over Rs 400 crore. The case concerns alleged irregularities by the Loni Urban Multi-State Credit and Thrift Co-operative Society (LUCC), accused of enticing investors into unregulated schemes.
Police in Belagavi, Karnataka, have arrested the operator of Shivam Associates, accused of running a multi-crore Ponzi scheme that promised high returns to depositors. The case has been registered under the BUDS Act and KPID Act, and will be transferred to the CID for further investigation.
A grassroots football academy in Punjab is using football to combat drug abuse and develop young talent, addressing key issues in Indian football's grassroots development.
The investigation pertains to alleged irregularities in CMRL's financial transactions and its links with Veena's now-defunct company Exalogic Solutions Private Limited.
The brother of the chancellor of Al Falah University, linked to the Delhi blast probe, has been arrested by Madhya Pradesh police from Hyderabad in connection with nearly 25-year-old fraud cases.
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.
A special CBI court in Tripura sentenced three executives of a chit fund company to six years of rigorous imprisonment each for swindling Rs 5.5 crore from over 800 depositors.
The Enforcement Directorate (ED) has attached fresh properties worth over Rs 5,000 crore as part of its money laundering investigation against Chandigarh-based PACL (Pearls Group), accused of orchestrating a Rs 48,000 crore ponzi scheme.
The Enforcement Directorate on Friday questioned Jai Anmol Ambani, son of industrialist Anil Ambani, in Delhi in a money laundering case linked to an alleged bank loan fraud, officials said.
A business consultant in Thane, Maharashtra, was allegedly cheated of 98 lakh by two individuals who promised profits from a government tender. The accused, claiming to own two companies, convinced the victim to invest in a mobile phone supply tender for the Uttar Pradesh government, but failed to deliver on their promises.
Mumbai police have recorded statements from four developers in connection with a cheating case related to the Malad Slum Rehabilitation Authority (SRA) project, after it was revealed that two directors of a real estate firm allegedly defrauded them.
Gurugram Police have arrested a 50-year-old owner of a real estate firm for allegedly duping people of crores by promising land agreements.
LIC offices will remain open during normal working hours on Tuesday for customer convenience, following an advisory from Irdai. CoinDCX commits to invest in cybersecurity infrastructure, and PayNearby introduces UPI QR-based cash withdrawals.
Industrialist Pawan Ruia has been arrested by the West Bengal Police in connection with a multi-crore fraud case involving shell companies and cryptocurrency-based money laundering.
Punjab Chief Minister Bhagwant Mann and AAP national convener Arvind Kejriwal met jailed state minister Sanjeev Arora in Gurugram. Arora is in judicial custody in connection with an alleged money-laundering case.
The Enforcement Directorate conducted searches at the residences of former Kerala chief minister Pinarayi Vijayan and his family members as part of a money laundering probe linked to the CMRL case involving his daughter, Veena Vijayan.
A businessman in Navi Mumbai is accused of defrauding four investors of Rs 28.4 lakh through a forex trading scheme promising high returns.
