Tag: Fraud

Rourkela: The court of sub-divisional judicial magistrate (SDJM) here today granted interim bail to Jyotirani Sarangi, wife of the Seashore Group CMD Prashant Dash, who was arrested in a fraud case on June 7. The commissionerate police had arrested her in a fraud case in Laxmisagar area in Bhubaneswar on the basis of a non-bailable […]

Bhubaneswar: A shareholder of home-grown intra-state flight operator, Air Odisha, has filed a fraud case against the company at the Khandagiri police station. The complainant, identified as Sandeep Ray, son of BJP MLA Dilip Ray, had alleged in his complaint that that two cheques worth Rs 40 lakh given to him by the company has […]

The Economic Offences Wing (EOW) of Odisha Police’s Crime Branch on Saturday arrested three persons, including two State Bank of India (SBI) employees, on charges of disbursing loans on basis of fake documents and causing a loss of more than Rs 67 lakh to the nationalized bank

New York: The Securities and Exchange Commission on Thursday presented charges against the founder of Tesla Inc., Elon Musk, accusing him of fraud after last month he announced on Twitter that he was planning to take the automaker private. The SEC, which filed its lawsuit in a New York court, says that Musk issued “false […]

Milan: Argentine soccer legend Diego Armando Maradona will sue his two daughters for allegedly defrauding him of $1,850,000, Italian media and Argentine television reported on Thursday. Maradona has instructed his lawyer to take legal action against his 30-year-old daughter Dalma and his 28-year-old daughter Gianinna for allegedly stealing the money and transferring it to a […]

New Delhi: An ATM fraudster, who has cheated at least 50 people over the last three years, has been arrested here, police said on Saturday. Deputy Commissioner of Police Nupur Prasad said the accused Sandeep, 28, was arrested from Farsh Bazar area of east Delhi on Thursday. Prasad said that Sandeep, a resident of Punjab, […]

Ghaziabad: After arresting Mohit Goel, Director of Noida-based Ringing Bells Pvt Ltd, police said they were searching for four more directors of the company that launched the world’s cheapest smarphone. Goel was detained late on Thursday after an FIR was filed by Ghaziabad-based Ayam Enterprises, alleging that Ringing Bells defrauded it of Rs 16 lakh. […]

Bhubaneswar: Several investors today alleged Hi-Tech Estate and Promoters Private Limited of duping them on the pretext of providing houses. According to sources, investors alleged that Hi-Tech Estate had collected lakhs of rupees from them in the name of providing them houses in Sunderpada area on the outskirts of the city. Though they had booked […]

Indian agencies are engaged in getting details of 1,300 SIM cards as they were being used by a gang of Chinese to hack accounts and commit financial frauds, a suspected activity of a Chinese intelligence agency.

Kendrapara: Charges of embezzlement of money against secretary of Siko Primary Agricultural Cooperative Society (PACS) in Rajkanika of Kendrapara district has sparked outrage among the farmers in the area. The accused Ajay Behera has been charged with embezzling money worth lakhs of rupees by raising loans in the name of villagers. “I never even applied […]

Raipur: Former Chhattisgarh Chief Minister Raman Singh’s son-in-law, Puneet Gupta, has been charged with misusing his post and committing financial fraud of Rs 50 crore during his tenure as the superintendent of a state government hospital in Raipur. The police said they have been investigating the case but Gupta has not been arrested yet. According […]

Bhubaneswar: The Khandagiri Police has arrested a man for allegedly defrauding a medical aspirant of Rs 60 lakh on promise of getting him a post-graduate seat at a private medical…

London: Fugitive diamantaire Nirav Modi is set to appear via videolink from prison for a routine remand hearing before Westminster Magistrates’ Court in London on Thursday. The 48-year-old, who has been lodged at Wandsworth prison in south-west London since his arrest in March in connection with the nearly USD 2 billion Punjab National Bank (PNB) […]

Sambalpur: Despite advisories being issued by Odisha Police, people continue to fall prey to several online frauds in the State. In one such incident, a resident of Hirakud area in Sambalpur lost more than Rs 40 lakh in a bid to claim Rs 4 crore prize money. As per reports, the victim had allegedly received […]

Mumbai: The Reserve Bank has slapped penalties on nine commercial banks, including State bank of India, Punjab National Bank and Bank of Baroda, for a host of violations, including delay on the reporting of fraud in the account of Kingfisher Airlines in case of two lenders. The nine lenders in separate regulatory filings said that […]