News for 'us citizens fraud'

Israel Prez invites Netanyahu to form new government

Israel Prez invites Netanyahu to form new government

Rediff.com13 Nov 2022

Netanyahu, who has won the backing of 64 Members of the Knesset (Israeli Parliament), has been assigned the task to form the next government, a statement from the Presidency said.

Benjamin Netanyahu set to return as Israel PM

Benjamin Netanyahu set to return as Israel PM

Rediff.com3 Nov 2022

With 99 per cent of the ballots counted, Netanyahu-led right-wing bloc has taken a comfortable lead with 64 seats in the 120-member Knesset, paving way for his triumphant return.

Messi misses first day of tax fraud trial

Messi misses first day of tax fraud trial

Rediff.com31 May 2016

Barcelona's five-time soccer World Player of the Year Lionel Messi went on trial on Tuesday along with his father on accusations of defrauding the Spanish state of millions of euros (dollars).

Maharashtra reported maximum IPC crimes, Mumbai saw 174 offences a day in 2021

Maharashtra reported maximum IPC crimes, Mumbai saw 174 offences a day in 2021

Rediff.com30 Aug 2022

Maharashtra recorded the highest number of cases in the country under the Indian Penal Code (IPC) in 2021 at 3,67,218, while Mumbai was placed second among major metropolitan cities in registration of criminal offences, according to a National Crime Records Bureau (NCRB) report.

Sebi And Phenomenon of Confusing Rules

Sebi And Phenomenon of Confusing Rules

Rediff.com2 Jun 2022

Since 2016, Sebi has made many rules to prevent unauthorised trading by stockbrokers. Yet, one comes across dozens of cases of blatant overtrading in client accounts, every year, leading to massive losses to investors, observes Debashis Basu.

Netanyahu-led coalition to form govt in Israel

Netanyahu-led coalition to form govt in Israel

Rediff.com4 Nov 2022

Former Prime Minister Benjamin Netanyahu led right-wing bloc has secured an emphatic victory in Israel's general elections by claiming 64 out of the 120 seats in parliament, bringing the country's longest-serving premier back at the helm after a brief gap and also ending prolonged political instability.

Dominica HC denies Mehul Choksi bail, deems him 'flight risk'

Dominica HC denies Mehul Choksi bail, deems him 'flight risk'

Rediff.com12 Jun 2021

Currently, Choksi has got interim relief from immediate repatriation to India by the Dominican court.

Sitharaman on Adani fallout: Regulators will look into it

Sitharaman on Adani fallout: Regulators will look into it

Rediff.com4 Feb 2023

India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.

PM chairs key all-party meet on G-20, seeks cooperation

PM chairs key all-party meet on G-20, seeks cooperation

Rediff.com5 Dec 2022

Opposition leaders urged Modi to use the opportunity for the country's benefit.

ED visits Ahmed Patel's home for questioning in PMLA case

ED visits Ahmed Patel's home for questioning in PMLA case

Rediff.com27 Jun 2020

The ED had summoned Patel, 70, twice for questioning in the case but the Congress Rajya Sabha MP from Gujarat later cited prevailing COVID-19 guidelines that advises senior citizens to stay indoors in order to remain safe from the pandemic.

Police book Indiabulls promoters, directors

Police book Indiabulls promoters, directors

Rediff.com27 Apr 2021

The Maharashtra police has booked Indiabulls group companies, including its flagship Indiabulls Housing Finance (IBHL), for allegedly siphoning off funds and for accounting irregularities committed by the promoters and directors of the company between 2014 and 2020. A first information report was registered by the Palghar police on April 13 under various sections of Indian Penal Code dealing with cheating, fraud and criminal conspiracy. The move comes after Palghar's judicial magistrate passed an order under Section 156 (3) of the Code of Criminal Procedure (power to direct police/agency to investigate the matter), following a complaint filed by Ashutosh Kamble, a shareholder of IBHL.

Mehul Choksi gives up Indian citizenship

Mehul Choksi gives up Indian citizenship

Rediff.com21 Jan 2019

Choksi is wanted in India by the CBI and the Enforcement Directorate, which are probing the PNB fraud, the biggest banking scam in the country. India continues to pursue Choksi's return with the government of Antigua through diplomatic and legal channels.

India Inc's missing whistle-blowers

India Inc's missing whistle-blowers

Rediff.com21 Jul 2022

The latest whistle-blower revelations of multiple shenanigans at global ride-hailing app Uber, coming thick and fast after serial exposes of various dodgy practices at Facebook, Apple, Amazon, Netflix, Google in the recent past raises uncomfortable questions about India Inc. If the FAANGs, Twitter and Uber can be guilty of multiple and diverse transgressions what's happening in Indian corporations? It can be nobody's case that India's largely family-owned and - managed private sector is a beacon of transparency or best corporate governance practices, bolstered as it is by an informal omerta among employees, managements and even boards.

Justice Lalit delivered key verdicts during 74-day stint as CJI

Justice Lalit delivered key verdicts during 74-day stint as CJI

Rediff.com8 Nov 2022

CJI Lalit concurred with the minority view of Justice S Ravindra Bhat who held the EWS quota as "unconstitutional" for excluding poor among SCs, STs and OBCs.

Rajiv Kumar assumes charge as chief election commissioner

Rajiv Kumar assumes charge as chief election commissioner

Rediff.com15 May 2022

Kumar said the Commission will follow the time-tested methods of consultations and consensus building in bringing about any reforms and will not shy away from tough decisions, according to an Election Commission (EC) statement.

Cong says Facebook influenced polls in India, seeks JPC probe

Cong says Facebook influenced polls in India, seeks JPC probe

Rediff.com25 Oct 2021

The Congress also alleged that Facebook was acting as an ally of the ruling BJP and pushing its agenda.

J&K cops cracking down on 'white-collar jihadis'

J&K cops cracking down on 'white-collar jihadis'

Rediff.com29 Aug 2021

The Jammu and Kashmir Police recently arrested five suspected "white-collar jihadis" who were behind a campaign to spread falsehood about the sovereignty of the country.

Nirav Modi left India with family in first week of January

Nirav Modi left India with family in first week of January

Rediff.com15 Feb 2018

His brother Nishal, a Belgian citizen, also left the country on January 1, while wife Ami, a US citizen, and business partner Mehul Choksi, the Indian promoter of Gitanjali jewellery chain, departed on January 6, the officials said.

Indian intern jailed for providing tech aid to telemarketing scam

Indian intern jailed for providing tech aid to telemarketing scam

Rediff.com11 Jun 2019

The victims were duped of of their retirement savings ranging between $ 1,180 and $ 174,300, the Department of Justice said on Monday.

Mehul Choksi will be sent back after appeals: Antigua PM

Mehul Choksi will be sent back after appeals: Antigua PM

Rediff.com26 Sep 2019

"I can assure you that he will be ultimately deported after exhausting all his appeals. He will be extradited back to India to face whatever charges against him. It is just a matter of time," Gaston Browne told ANI.

Indians' funds in Swiss banks soars by 50% to over Rs 30,000 cr

Indians' funds in Swiss banks soars by 50% to over Rs 30,000 cr

Rediff.com17 Jun 2022

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021 on a sharp surge in holdings via securities and similar instruments while customer deposits rose as well, annual data from Switzerland's central bank showed on Thursday.

Aadhaar and starvation deaths

Aadhaar and starvation deaths

Rediff.com26 Sep 2018

'Completely disregarding ground reports of starvation deaths owing to Aadhaar and potentially disguising these deaths to look like accidents appears brutal,' says Rajendran Narayanan.

EB-5 visas best bet for Indians: US attorney

EB-5 visas best bet for Indians: US attorney

Rediff.com27 Jun 2017

Under the EB-5 Investment Visa programme, an applicant receives a conditional green card on making a minimum investment of $5,00,000 in the United States.

Modi urges fugitive economic offenders to return to India

Modi urges fugitive economic offenders to return to India

Rediff.com18 Nov 2021

Prime Minister Narendra Modi on Thursday said his government is using all channels including diplomatic to bring back high-profile economic offenders, leaving them with no option but to return to the country. Speaking at a symposium on credit flow and economic growth, he asked banks to support wealth and job creators with proactive lending while promising to stand by any loans given in right earnest. "In our attempt to bring back fugitive (economic offenders), we relied on policies and law and also used diplomatic channels.

'Confused: Family floater or individual health insurance?'

'Confused: Family floater or individual health insurance?'

Rediff.com3 Aug 2021

Roopam Asthana, CEO and whole-time director, Liberty General Insurance Ltd, answers your queries on HEALTH and AUTO insurance.

Writer Aatish Taseer, critic of Modi, to lose OCI card

Writer Aatish Taseer, critic of Modi, to lose OCI card

Rediff.com8 Nov 2019

His future visit to India is likely to be banned as he allegedly concealed the fact that his father was a Pakistani.

309,000 'shell' company directors disqualified

309,000 'shell' company directors disqualified

Rediff.com6 Nov 2017

Their bank accounts have been frozen. State governments have been told to restrict sales and transfers of real estate assets these companies own.
Veena Mani reports.

HC stays sections on interfaith marriage in Gujarat's anti-conversion law

HC stays sections on interfaith marriage in Gujarat's anti-conversion law

Rediff.com19 Aug 2021

The Gujarat high court on Thursday put a stay on the operation of some sections related to interfaith marriages of the state's new anti-conversion law.

'Govt should encourage, not prosecute, whistle-blowers'

'Govt should encourage, not prosecute, whistle-blowers'

Rediff.com19 Apr 2013

Giving legal immunity to bribe-givers motivates citizens to report corruption, says Tarun Jain of the Indian School of Business, Hyderabad.

Dominican govt tells court to reject Choksi's petition

Dominican govt tells court to reject Choksi's petition

Rediff.com2 Jun 2021

The Government of Dominica has told a court there to reject the habeas corpus petition filed on behalf of businessman Mehul Choksi who had claimed that he was abducted and forcefully brought to the Caribbean island nation, local media reported. The high court of Dominica ordered that the businessman be produced in a magistrate court to answer charges of his illegal entry into the country and adjourned the hearing on the habeas corpus petition till Thursday, according to local media. Rejecting the submission of Choksi who is wanted in India in an alleged Rs 13,500 crore loan fraud case in Punjab National Bank, the prosecution said the habeas corpus petition does not stand as he had illegally entered the country and was subsequently detained.

SC notice to Centre on plea to declare Emergency as 'unconstitutional'

SC notice to Centre on plea to declare Emergency as 'unconstitutional'

Rediff.com14 Dec 2020

Senior advocate Harish Salve, appearing for petitioner Veera Sarin, said that Emergency was a "fraud" and the "greatest assault" on the Constitution as rights were suspended for months.

One year later, PMC Bank depositors are still struggling

One year later, PMC Bank depositors are still struggling

Rediff.com23 Sep 2020

PMC Bank depositors have spent the last one year holding protests, meeting politicians, writing to various authorities in an effort to get their hard-earned money back.

It's confirmed, Nirav Modi IS in UK

It's confirmed, Nirav Modi IS in UK

Rediff.com20 Aug 2018

Nirav Modi, along with his wife Ami Modi, a US citizen, brother Nishal Modi, a Belgian citizen, and uncle Mehul Choksi, all accused in the CBI's FIRs in the case, left the country in the first week of January, weeks before country's biggest banking scam surfaced.

BJP faces flak for free Covid vaccine promise in Bihar

BJP faces flak for free Covid vaccine promise in Bihar

Rediff.com22 Oct 2020

Congress leader Rahul Gandhi took a swipe at the BJP, saying one has to refer to the state-wise election schedule to know when one will have access to the vaccine. The BJP, however, said health is a state subject and its manifesto is for Bihar, not for the entire country, where it has promised that the state will buy the vaccine for its people.

The blind spot on India's biggest banking whodunit

The blind spot on India's biggest banking whodunit

Rediff.com8 Feb 2019

The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.

'Indian call centres stole $300 million from Americans'

'Indian call centres stole $300 million from Americans'

Rediff.com28 Oct 2016

The five Ahmedabad-based call centres that made calls to people living in the US are Hglobal, Call Mantra, Worldwide Solution, Zoriion Communications and Sharma BPO Services.

Trump again calls coronavirus as 'China Virus'

Trump again calls coronavirus as 'China Virus'

Rediff.com25 Aug 2020

In March, he had said that China is responsible for the spread of the novel coronavirus and called the COVID-19 as the "Chinese Virus".

'India among top countries in illegal wildlife trade'

'India among top countries in illegal wildlife trade'

Rediff.com14 Jun 2022

'With just 2.4 per cent of global landmass, India houses six to eight per cent of planetary biodiversity and hence is a prime target of wildlife criminals.'

India blundered along, exactly as every other country did

India blundered along, exactly as every other country did

Rediff.com23 Jun 2021

Not to say that India couldn't have handled the situation better, but on average, it didn't do anywhere near as badly as the naysayers make it out argues Rajeev Srinivasan.

Pak woman admits meeting 'idol' Shami, claims no monetary deals made

Pak woman admits meeting 'idol' Shami, claims no monetary deals made

Rediff.com19 Mar 2018

Alishba's name surfaced in the controversy after the Indian pacer's wife Hasin Jahan alleged that he could have a relationship with the Pakistani woman.