News for 'securities fraud'

UK court denies bail to Nirav Modi

UK court denies bail to Nirav Modi

Rediff.com29 Mar 2019

The judge fixed April 26 as the next date of hearing when he will appear via video link from jail.

Your ATM is not very safe

Your ATM is not very safe

Rediff.com3 Aug 2005

A report Tuesday from Gartner Inc., a technology analyst firm, estimates that 3 million US consumers were victims of ATM and debit-card fraud in the past year.

US prosecutor awarded for probing visa case against Infosys

US prosecutor awarded for probing visa case against Infosys

Rediff.com24 Oct 2014

A US prosecutor who successfully investigated a precedent-setting work visa fraud case against Infosys, resulting in the Indian IT giant paying a whopping $34 million in fine, has been recognised by Secretary of Homeland Security Jeh Charles Johnson for his work.

Naresh Goyal, Jet Air under SFIO scanner

Naresh Goyal, Jet Air under SFIO scanner

Rediff.com18 Nov 2019

The probe agency has found that the company's vast network of sales agents across the globe was not independent of Jet Airways and several of these entities were linked to its founder, Naresh Goyal.

JP Morgan Chase to pay $1.7 bn in penalties for Madoff ties

JP Morgan Chase to pay $1.7 bn in penalties for Madoff ties

Rediff.com8 Jan 2014

The bank is facing a slew of government legal actions.

Sebi sends notice to HSBC on singer's complaint

Sebi sends notice to HSBC on singer's complaint

Rediff.com8 Nov 2013

The Securities and Exchange Board of India began its formal investigation into the complaint earlier this year.

Going cashless? Watch out for these risks

Going cashless? Watch out for these risks

Rediff.com17 Dec 2016

Now that you have already downloaded mobile wallets and all set to go cashless/digital with your payments to the local grocer, cabbie, maid, etc, here's what you must watch out for, says Tripti Rai.

Nirav Modi to be produced before UK court in extradition case

Nirav Modi to be produced before UK court in extradition case

Rediff.com29 May 2019

He is set to be produced from custody before Judge Emma Arbuthnot for the first management hearing in the case, during which a broad timeline is expected for his extradition trial.

ED issues fresh summons to Vijay Mallya

ED issues fresh summons to Vijay Mallya

Rediff.com18 Mar 2016

ED had earlier issued summons to Mallya for "personal appearance" on March 18 under the provisions of the Prevention of Money Laundering Act (PMLA).

Cyber criminals thrive in India; 10 major attacks in 12 months

Cyber criminals thrive in India; 10 major attacks in 12 months

Rediff.com24 Nov 2017

India needs to follow countries such as Singapore who have and are further bolstering their cyber security apparatus.

US revokes citizenship of Indian native

US revokes citizenship of Indian native

Rediff.com10 Jan 2018

Singh, a native of India, arrived at San Francisco International Airport on September 25, 1991, without any travel documents or proof of identity.

More Saradha entities under Sebi scanner

More Saradha entities under Sebi scanner

Rediff.com24 Apr 2013

At least 10 companies are currently being probed for possible violation of CIS regulations of Sebi, the official said, while adding that role of Sen and other top executives associated with these entities was also being investigated.

'India has 42 mn cyber crime victims every year'

'India has 42 mn cyber crime victims every year'

Rediff.com24 Jun 2013

According to the report, there are 42 million cyber crime victims every year on a pan-India basis. During the last year, 52 per cent of such victims had suffered attacks such as malware, viruses, hacking, scams, fraud and theft.

Mallya's Force India put into administration; Owes Mercedes 13 million euros

Mallya's Force India put into administration; Owes Mercedes 13 million euros

Rediff.com28 Jul 2018

There has been speculation within Formula One that Lawrence Stroll, the billionaire father of Canadian driver Lance, is willing to invest in Force India as part of a move for his son from Williams.

India sees 2,152 phishing attacks in April

India sees 2,152 phishing attacks in April

Rediff.com19 Jun 2013

India, which has about 137 million internet users, accounted for eight per cent of the total phishing attack volume worldwide in April.

UK court defers Indian banks' plea to declare Mallya bankrupt

UK court defers Indian banks' plea to declare Mallya bankrupt

Rediff.com10 Apr 2020

In a relief to liquor baron Vijay Mallya, the high court in London has deferred hearings on a plea by the SBI-led consortium of Indian banks, seeking the indebted tycoon to be declared bankrupt to enable them recover a loan of around 1.145 billion pounds from him. Justice Michael Briggs of the insolvency division of the high court granted relief to Mallya, ruling that he should be given time till his petitions to the Supreme Court of India and his settlement proposal before the Karnataka high court be determined, allowing him time to repay his debts to the banks in full.

Violence never wins, says US Vice President Pence

Violence never wins, says US Vice President Pence

Rediff.com7 Jan 2021

'To those who wreaked havoc in our Capitol today, You did not win. Violence never wins. Freedom wins. And this is still the people's house.'

Trump suggests 'delay' in 2020 presidential elections

Trump suggests 'delay' in 2020 presidential elections

Rediff.com30 Jul 2020

'With Universal Mail-In Voting (not Absentee Voting, which is good), 2020 will be the most INACCURATE & FRAUDULENT Election in history,' Trump tweeted on Thursday, just 96 days before the election. 'It will be a great embarrassment to the USA. Delay the Election until people can properly, securely and safely vote???' Trump said in his tweet, which was immediately condemned by the opposition Democratic party leaders.

Founder of 'sham' Tri Valley University found guilty on 31 counts

Founder of 'sham' Tri Valley University found guilty on 31 counts

Rediff.com26 Mar 2014

A federal jury on Monday convicted Susan Xiao-Ping Su, the founder of California-based Tri Valley University.

US regulator seeks India's nod to probe Satyam

US regulator seeks India's nod to probe Satyam

Rediff.com20 Jul 2009

The United States Securities and Exchange Commission, the federal agency to regulate the securities industry in that country, has sought India's permission to probe the multi-million dollar Satyam fraud case.

AK vs AK review

AK vs AK review

Rediff.com24 Dec 2020

Anil Kapoor's mastery shows in how he finds the space between an actor reaching out to his actuality while remaining an actor while Anurag Kashyap's comfort in bullying his co-actor fuels their bickering camaraderie, notes Sukanya Verma.

Nirav Modi to move 2nd bail plea in London on Friday

Nirav Modi to move 2nd bail plea in London on Friday

Rediff.com26 Mar 2019

"He is expected to be produced before the court for a second bail application hearing on March 29," a court official in London confirmed on Tuesday.

Mallya seeks more time to appear before ED

Mallya seeks more time to appear before ED

Rediff.com17 Mar 2016

The summons was issued to Mallya under provisions of the Prevention of Money Laundering Act in connection with the IDBI case.

Colour of criminality given to banking transactions: Nirav Modi to court

Colour of criminality given to banking transactions: Nirav Modi to court

Rediff.com5 Jan 2019

Modi also reiterated that he cannot return to India due to safety concerns and also because his case has been politicised.

Banks to alert customers on high value cheque payment

Banks to alert customers on high value cheque payment

Rediff.com5 Nov 2014

The Reserve Bank of India (RBI) said directions have been issued in the wake of a rise in the number of cheque-related fraud cases.

PMC Bank account-holders file police complaint against top brass

PMC Bank account-holders file police complaint against top brass

Rediff.com26 Sep 2019

A delegation of account-holders went to Sion police station in central Mumbai and submitted the complaint against officials of the bank on which the RBI has imposed operational restrictions. The delegation in its complaint alleged that at least 14 people, including the PMC Bank's chairman and all its directors, were involved in misappropriation of funds of the account-holders.

The Armed Forces's COVID-19 Challenge

The Armed Forces's COVID-19 Challenge

Rediff.com1 May 2020

'The COVID-19 pandemic must push the military into a long-term reconsideration of its primary challenges.' 'There must be greater emphasis on humanitarian aid and disaster relief including the management of contagious illnesses and impending crises caused by climate change,' notes Ajai Shukla.

Paying online? Beware of free Wi-Fi

Paying online? Beware of free Wi-Fi

Rediff.com5 Oct 2018

Do not share your passwords or personal information with anyone.

Online shopping: Play it safe

Online shopping: Play it safe

Rediff.com8 Feb 2006

Nancy Pelosi re-elected as Speaker of House of Representatives

Nancy Pelosi re-elected as Speaker of House of Representatives

Rediff.com4 Jan 2021

Pelosi, 80, secured 216 votes in a tight contest against Republican Kevin McCarthy, who got support from 209 Congressmen, after Democrats lost 11 seats in the November elections to command a narrower 222-212 majority.

How banking system changed post Nirav Modi scam

How banking system changed post Nirav Modi scam

Rediff.com26 Nov 2020

'If you give your ID and password to somebody else, how can anybody blame the technology for that problem?'

Chit fund scam: Sen sent to police custody for 14 days

Chit fund scam: Sen sent to police custody for 14 days

Rediff.com25 Apr 2013

A Kolkata sub-divisional magistrate's court on Thursday sent Ponzi king Sudipto Sen and two other accused to police custody for 14 days over their role in the Saradha chit fund scam. Media reports said the bail pleas of the three swindlers had been rejected and that they were charged for fraud and criminal breach of trust under Sections 406 and 420 of the Indian Penal Code.

At G20 meet, PM will sell India as a hot investment destination

At G20 meet, PM will sell India as a hot investment destination

Rediff.com29 Nov 2018

The G20 chair has suggested three areas for the talks in Argentina - the future of work, infrastructure for development and a sustainable food future, areas where India has a lot at stake.

India saw 2nd highest phishing hosting attacks in Q1 2019

India saw 2nd highest phishing hosting attacks in Q1 2019

Rediff.com15 Jun 2020

Phishing attacks could either be in the form of an email from a trusted source asking for personal information such as passwords, bank details and personal details, or it could mimic an existing website or webpage and trick a user into entering confidential information on the page.

Kamala Harris is tough, proven fighter for middle class: Biden

Kamala Harris is tough, proven fighter for middle class: Biden

Rediff.com13 Aug 2020

Biden, 77, made his maiden public appearance with his running mate Harris on Wednesday and said that both of them are ready to get to work in rebuilding America and a better future for its people.

Want to be an ace investor? Read this

Want to be an ace investor? Read this

Rediff.com24 Jan 2019

Investing in special situations can help you tap opportunities that arise during adverse conditions, advises Joydeep Sen.

More steps needed to make e-transactions safer

More steps needed to make e-transactions safer

Rediff.com28 Nov 2016

Absence of comprehensive data protection and privacy laws will be barriers in the government's digitalisation drive.

US judge orders release of immigration activist Ravi Ragbir

US judge orders release of immigration activist Ravi Ragbir

Rediff.com30 Jan 2018

Ragbir, 43, was arrested on January 12 during a routine check-in with Immigration and Customs Enforcement and ordered immediate deportation, irking local community in New York.

Satyam: Punishment should have been stricter, says Mohandas Pai

Satyam: Punishment should have been stricter, says Mohandas Pai

Rediff.com9 Apr 2015

Experts regretted that it has taken too long to deliver justice

US vs Huawei: What is the controversy all about?

US vs Huawei: What is the controversy all about?

Rediff.com29 Jan 2019

One indictment accuses Huawei of trying to steal trade secrets from T-Mobile, and of promising bonuses to employees who collected confidential information on competitors. A second indictment claims the company worked to skirt US sanctions on Iran.