2 Russians charged in international malware scheme
The Justice Department unsealed charges Thursday against two Russian men in what authoriti...
Religare Finvest wants Shivinder Singh's bail be quashed
The Enforcement agency, in November had arrested Shivinder, his elder brother Malvin...
PNB fraud: PMLA court declares Nirav Modi as fugitive economic offender
Nirav is the second businessman after Vijay Mallya to be declared a f...
Forensic audit on PMC scam expected by month-end: Shaktikanta Das
"There is a forensic audit underway. We will get the report by the end of this month. Assessment of the realisable value of the assets of the bank is also on," Das told reporters after the announcement of the monetary policy.
RBI to introduce new security measures for ATMs
RBI said that since many banks and other regulated entities are other regulated entities are dependent upon third-party application service providers for shared services for ATM switch applications, they are exposed exposed to the associated cyber threats.
PNB fraud case: Nirav Modi to appear via videolink at UK court
He had moved yet another bail application last month with an “unprecedented” house arrest guarantee, akin to those imposed on terrorist suspects, as well as citing mental health issues from being behind bars at Wandsworth Prison since his arrest in March.
Mumbai: Nirav Modi declared fugitive economic offender in PNB scam case
A special court here on Thursday declared diamond businessman Nirav Modi, the key accused in the USD 2 billion Punjab National Bank (PNB) fr...
Shivinder granted one week interim bail on “humanitarian grounds”
Permitted to attend funeral and last rites of wife of chief of Radha Soami Satsang Beas
Religare fraud: Court refuses bail to Shivinder Mohan Singh
Opposing his bail, EOW had alleged that documents collected during investigation reflect a pivotal role of Shivinder in conspiracy with co accused Malvinder Mohan Singh and other co- accused to “misappropriate funds of such large magnitude”.
Aftermath of Karvy Stock Broking fraud: Are your mutual fund investments safe?
When you make any investment, there are different threats to its safety.
Religare fraud: Money siphoned to foreign companies, ED tells Court
ED said that “the money trail which is found during interrogation is required to be confronted and further investigated”. The agency also told the Court that it has recovered voluminous “email dump” of accused and “key management persons” which is being looked into. The agency claimed that emails has data connected with proceeds of crime.
Karvy Stock Broking scandal: How retail investors can safeguard against such frauds
The Karvy Stock Broking demat account fraud has shaken the trust of retail investors in their brokers. However, the question is to what extent an investor can trust his broker. What can an investor do to safeguard himself against such frauds?
Corporate frauds see a massive surge: SBI
The April–November period this year recorded 200 times more frauds compared to entire FY18.
Indian-origin CEO sentenced to over 4 yrs in prison for securities fraud
Anilesh Ahuja, 51 was the founder, chief executive officer, and chief investment officer of Premium Point Investments (PPI). He was sentenced to 50 months in prison in connection with his conviction following a jury trial for engaging in a securities mismarking scheme from 2014 to 2016, Attorney for the US Audrey Strauss said.
Bank fraud: Ratul Puri moves bail plea, court seeks ED's response
Special judge Arvind Kumar issued notice to the ED and directed it to file a reply by November 30.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service