News for 'investment scam'

Now, Insurance For Money Loss From Online Scams

Now, Insurance For Money Loss From Online Scams

Rediff.com29 Apr 2025

In an age where personal data is a valuable commodity, investing in cyber insurance is not just a prudent choice; it is becoming a necessity for individuals and families alike, says T A Ramalingam.

Dependence India's biggest rival, solution is...: Modi amid H-1B fee hike

Dependence India's biggest rival, solution is...: Modi amid H-1B fee hike

Rediff.com20 Sep 2025

Speaking at the 'Samudra se Samruddhi' event, where he inaugurated and laid foundation stones of projects worth Rs 34,200 crore, Modi said all the problems of India have only one solution, and that is self-reliance.

'Gandhi Had The Guts To Get Up And Go On'

'Gandhi Had The Guts To Get Up And Go On'

Rediff.com3 Oct 2025

'For the longest time, he was not an activist.' 'He was just trying to build his own self-identity, self-respect and ambition.'

Who prevented military action after 26/11, asks Modi citing Chidambaram

Who prevented military action after 26/11, asks Modi citing Chidambaram

Rediff.com9 Oct 2025

Prime Minister Narendra Modi on Wednesday asked the Congress to tell the nation who prevented India's military response after the 26/11 Mumbai terror attacks linked to Pakistan, and accused the party of weakening the fight against terrorism when in power.

Road Ahead For Nepal Not An Easy One

Road Ahead For Nepal Not An Easy One

Rediff.com23 Sep 2025

The GenZ violence that engulfed Nepal is not only against nepo-babies -- its anger is broader and riddled with contradictions, making it difficult for interim PM Sushila Karki, points out Aditi Phadnis.

CBI raids 7 places in Rs 350-cr crypto ponzi scam, seizes digital evidence

CBI raids 7 places in Rs 350-cr crypto ponzi scam, seizes digital evidence

Rediff.com24 Jan 2025

The Central Bureau of Investigation (CBI) conducted searches at seven locations across India in connection with a Rs 350 crore crypto ponzi scam. The accused, operating seven modules in different cities, allegedly lured investors with promises of high returns on cryptocurrency investments. The CBI seized digital virtual assets totaling USD 38,414 in cryptocurrency wallets, cash amounting to Rs 34.2 lakh, and digital evidence, including mobile phones, laptops, tablets, hard disks, and memory cards. The agency registered the case under the Indian Penal Code and the Information Technology Act.

Coal scam case: Delhi court rejects ED chargesheet

Coal scam case: Delhi court rejects ED chargesheet

Rediff.com25 Dec 2024

A Delhi court has refused to take cognisance of a chargesheet against Adhunik Corporation Limited and its two directors in a coal scam case lodged by the Enforcement Directorate (ED), saying an attempt to acquire proceeds of crime or anticipating undue benefits cannot be termed money laundering.

Want To Invest In Crypto? Read This

Want To Invest In Crypto? Read This

Rediff.com16 Dec 2024

Regularly monitor your account for any suspicious activity. Keep your devices updated with the latest security patches to prevent vulnerabilities. Ensure the physical wallet you use is stored securely to avoid loss or theft.

'This Shock May Trigger Suicides'

'This Shock May Trigger Suicides'

Rediff.com25 Sep 2025

'Marathwada is the suicide capital of Maharashtra.' 'To stop such man-made disasters, the government should immediately come up with a rightful package, not this charitable approach to compensation.'

Crypto Scams! How To Keep Your Assets Safe

Crypto Scams! How To Keep Your Assets Safe

Rediff.com21 Nov 2024

A single security lapse could lead to complete wipe out of your crypto assets in seconds, with no recovery in sight, warns Nikhil Sethi.

'Digital Arrest?' Don't Panic!

'Digital Arrest?' Don't Panic!

Rediff.com5 May 2025

Targets should avoid panicking and hang up. 'Disconnecting stops the scammers from building psychological pressure.'

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Rediff.com19 Jun 2025

The Securities and Exchange Board of India (Sebi) on Wednesday announced a slew of measures to ease the compliance burden in the stock markets ecosystem, encourage more companies to list on the bourses after reverse flipping to India, and facilitate greater foreign fund flows into government bonds.

How Scammers Steal Your Money: 5 Red Flags To Watch Out For

How Scammers Steal Your Money: 5 Red Flags To Watch Out For

Rediff.com24 Mar 2025

Fraudsters read your mind, weave convincing stories, earn your trust and then vanish with people's savings. Ramalingam Kalirajan reveals five simple tricks that cons use to steal money from you.

Himachal: Thousands lose over Rs 200 cr in crypto scam

Himachal: Thousands lose over Rs 200 cr in crypto scam

Rediff.com3 Oct 2023

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.

Time To Tackle The Digital Fraud Surge

Time To Tackle The Digital Fraud Surge

Rediff.com14 Aug 2025

We propose an expert group be set up to form a national strategy on digital fraud. This group would bring together skills in financial regulation, security economics, cyber defence, and public communications, and an understanding of the Indian financial and security systems. It should lay the foundations of a coordinated approach by the Indian State in fighting digital fraud, suggest Ajay Shah and Nandkumar Saravade.

Why Short-Sellers Are Key For Balanced Market

Why Short-Sellers Are Key For Balanced Market

Rediff.com25 Jul 2025

When shorts are based on perceived corporate mismanagement or malfeasance, as in cases like Enron and Satyam, they enable the financial system to work efficiently, points out Devangshu Datta.

ED raids Raj Cong leader, Punjab AAP MLA in Rs 48,000 cr PACL scam

ED raids Raj Cong leader, Punjab AAP MLA in Rs 48,000 cr PACL scam

Rediff.com15 Apr 2025

The Enforcement Directorate (ED) conducted raids on the premises of Rajasthan Congress leader and former minister Pratap Singh Khachariyawas and Punjab AAP MLA Kulwant Singh as part of a money laundering probe linked to the Rs 48,000-crore PACL Ponzi scam. Khachariyawas, who served as a minister in the Ashok Gehlot government, claimed the ED action was politically motivated due to his criticism of the government. Singh, a real estate promoter, is reported to be Punjab's richest MLA with assets worth Rs 1,000 crore. The ED has been investigating the PACL scam since 2015, alleging that the company defrauded investors of Rs 48,000 crore through fraudulent investment schemes.

WhatsApp brings ads to Channels, Status features

WhatsApp brings ads to Channels, Status features

Rediff.com17 Jun 2025

After the success of bringing businesses to WhatsApp, Meta - its parent - is now introducing ads and subscriptions to Status and Channels under the Updates tab of the messaging app, the company said on Monday. This move will further push its monetisation efforts on WhatsApp.

Kubera Review: Dhanush Is Terrific

Kubera Review: Dhanush Is Terrific

Rediff.com20 Jun 2025

Kubera is a well-intentioned addition to Shekar Kammula's cinematic universe that drags on but never loses its prescient quality, notes Arjun Menon.

AIADMK, BJP patch up after 2 yrs; EPS to lead alliance in TN, says Shah

AIADMK, BJP patch up after 2 yrs; EPS to lead alliance in TN, says Shah

Rediff.com11 Apr 2025

Union Home Minister Amit Shah on Friday said that the All India Anna Dravida Munnetra Kazhagam, Bharatiya Janata Party and all the alliance parties will contest the upcoming Vidhan Sabha elections in Tamil Nadu together under the National Democratic Alliance. The significant political development comes ahead of the TN Assembly election to be held in 2026,

BSE: Stock Exchange That Refused To Die

BSE: Stock Exchange That Refused To Die

Rediff.com25 Jul 2025

The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.

Securities market fraud: How to avoid being misled

Securities market fraud: How to avoid being misled

Rediff.com30 Apr 2025

The Securities and Exchange Board of India (Sebi), in a circular dated April 11, 2025, warned investors about rising fraud and manipulation linked to the securities market on social media platforms.

South East Asia-based gangs behind surge in cybercrimes in India: Govt

South East Asia-based gangs behind surge in cybercrimes in India: Govt

Rediff.com23 May 2024

The senior IPS officer said that 45 percent of cyber financial frauds taking place in the country are originating from the South East Asia.

Sebi Tightens Grip Against Fraudulent Messages, Apps

Sebi Tightens Grip Against Fraudulent Messages, Apps

Rediff.com30 May 2024

The directions follow a report by the Indian Cyber Crime Coordination Centre, which has seen a new pattern of transnational cyber-enabled financial fraud and investment scam, impersonating as stockbrokers and company executives.

'Shocking That PM Gave Investing Advice'

'Shocking That PM Gave Investing Advice'

Rediff.com7 Jun 2024

'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'

Ratan Tata denies investing in cryptocurrency

Ratan Tata denies investing in cryptocurrency

Rediff.com27 Jun 2023

Sharing a screenshot of an article that stated his "recent investment had experts in disbelief and major banks concerned" as an example, he wrote, "If you see any articles or ads mentioning my association with cryptocurrency, they are absolutely untrue and meant to scam citizens."

Dr Dhruv Chauhan: 'There's No NEET Gadbad But A Scam'

Dr Dhruv Chauhan: 'There's No NEET Gadbad But A Scam'

Rediff.com26 Jun 2024

'Aspiring doctors have put in years of their lives to study in preparation for NEET exams as they start studies from Class 9 to get good marks.' 'And today, after the NEET paper leak, these students even after getting good marks are unable to get admission in any good medical college (because of inflated merit marks due to the paper leak).' 'They are thinking, was it worthwhile to study so hard for the examinations to become a doctor?'

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Rediff.com26 Dec 2024

Metropolitan Stock Exchange of India (MSE) plans to raise Rs 120 crore from investors in an attempt to stay afloat. The beleaguered exchange's board has approved issuance of 1.19 billion equity shares of face value Rs 1 at a premium of Rs 1 through private placements, according to a disclosure on its website.

Police summon actor Rhea Chakraborty, Bharti Singh in app fraud case

Police summon actor Rhea Chakraborty, Bharti Singh in app fraud case

Rediff.com6 Oct 2024

Rhea Chakraborty was also among those who promoted the app, said the officer privy to the investigation in the matter.

75-year-old retiree loses whopping Rs 11cr in cyber fraud

75-year-old retiree loses whopping Rs 11cr in cyber fraud

Rediff.com28 Nov 2024

The victim, who had a keen interest in stock market investments, was lured by fraudsters with promises of hefty returns on investments in stocks.

YouTuber Elvish, comedian Bharti Singh summoned in Rs 500-cr fraud case

YouTuber Elvish, comedian Bharti Singh summoned in Rs 500-cr fraud case

Rediff.com3 Oct 2024

The police received over 500 complaints alleging that many social media influencers and YouTubers promoted the HIBOX mobile application on their pages and lured people into investing through the app, the officer said.

Govt is not allowing people to celebrate Eid freely: Akhilesh

Govt is not allowing people to celebrate Eid freely: Akhilesh

Rediff.com31 Mar 2025

Yadav further accused the BJP of "using distractions" to avoid addressing real issues such as rising unemployment, inflation, lack of investment in Uttar Pradesh, and failing healthcare facilities.

Covid centre scam: ED files chargesheet against Sanjay Raut's bizman aide

Covid centre scam: ED files chargesheet against Sanjay Raut's bizman aide

Rediff.com16 Sep 2023

The chargesheet against the associate of Shiv Sena-UBT MP Sanjay Raut was submitted before the court's registry and it will come up before the special judge for cases under the Prevention of Money Laundering Act after scrutiny of papers.

Want To Invest In IPOs? Read This

Want To Invest In IPOs? Read This

Rediff.com14 Dec 2023

Patience can be rewarding. 'Post-listing, sanity often returns to valuations of newly-listed businesses within six to nine months. Buy then.'

'Who Does Not Want To Be Prime Minister?'

'Who Does Not Want To Be Prime Minister?'

Rediff.com27 Dec 2024

'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'

How Dr Singh Changed Stockmarkets

How Dr Singh Changed Stockmarkets

Rediff.com28 Dec 2024

'He will be remembered more for what he did as finance minister -- as someone who functioned well when the political fallout was taken care of.'

ED grills TMC's student wing leader for 11 hours in school jobs scam

ED grills TMC's student wing leader for 11 hours in school jobs scam

Rediff.com1 Jul 2023

Ghosh had appeared before the ED sleuths at the agency's office in the city during the day.

Adani charges: Cong seeks probe, BJP questions timing

Adani charges: Cong seeks probe, BJP questions timing

Rediff.com21 Nov 2024

With billionaire Gautam Adani charged in the United States with alleged bribery and fraud, the Congress on Thursday said it 'vindicates' its demand for a Joint Parliamentary Committee investigation into the various 'scams' involving his conglomerate.

Beginner's Guide To Investing In Stocks

Beginner's Guide To Investing In Stocks

Rediff.com23 May 2023

Here's how beginners can follow a very practical approach for finding stocks for long term investing and building a decent portfolio.