Fraud

Bhopal: Co-op, Chit Fund Fraud Crime Dept looking into 400 cases

Bhopal: Co-op, Chit Fund Fraud Crime Dept looking into 400 cases

Probe into 127 cases related to Primary Agriculture Cooperative Societies, and 30 pertaining to chit fund fraud underway, ADG Mishra

PSI booked for duping doctor of Rs 61 lakh

PSI booked for duping doctor of Rs 61 lakh

The PSI is identified as Milind Hiware. After the case was registered, Hiware has been transferred from the Nagpada police station.

Mehul Choksi cheated Punjab & Sind Bank of Rs 441 mn

Mehul Choksi cheated Punjab & Sind Bank of Rs 441 mn

Mumbai: The public sector Punjab & Sind Bank (PSB) has revealed around Rs 441 million loan exposure to the absconding diamantaire Meh...Read More

PMC Bank scam: Will make amendments if they help in better regulation, says FM

PMC Bank scam: Will make amendments if they help in better regulation, says FM

Mumbai: Facing flak from several quarters on the PMC Bank fraud case, Finance Minister Nirmala Sitharaman on Thursday said that if amendm...Read More

PMC bank scam: Ex-MD sent to police custody till Oct 17

PMC bank scam: Ex-MD sent to police custody till Oct 17

Mumbai: Former managing director of Punjab and Maharashtra Cooperative (PMC) Bank, Joy Thomas, arrested in connection with the alleged Rs...Read More

PMC Bank crisis: Banking system, including cooperatives safe, sound: Das

PMC Bank crisis: Banking system, including cooperatives safe, sound: Das

Mumbai: Reserve Bank governor Shaktikanta Das on Friday said the banking system is sound and stable, and one incident at a cooperative ba...Read More

PMC Bank case: HDIL Chairman, MD arrested

PMC Bank case: HDIL Chairman, MD arrested

Mumbai: The Chairman and Managing Director of real estate developer HDIL were arrested on Thursday in connection with the Rs 6,500 crore ...Read More

Indore: Man commits land fraud using fake certificate

Indore: Man commits land fraud using fake certificate

Kanadiya police station incharge Anil Singh Chouhan said a complaint was received from Nilesh Paliwal that some people have made fake dea...Read More

Joy Thomas, PMC's suspended MD blames auditors for mess

Joy Thomas, PMC's suspended MD blames auditors for mess

Accuses auditors of only "superficially auditing" the books

‘One-third of Indian business hit by internal, external fraud’

‘One-third of Indian business hit by internal, external fraud’

According to Kroll's annual global fraud and risk report, 33% of Indian companies suffered reputational damage due to third parties, whil...Read More

Loans were taken after giving 'adequate security' cover, says HDIL on PMC Bank crisis

Loans were taken after giving 'adequate security' cover, says HDIL on PMC Bank crisis

New Delhi: Crisis-hit HDIL on Tuesday said that loans taken from banks including Punjab and Maharashtra Cooperative Bank were in normal c...Read More

EOW registers FIR against HDIL, PMC bank officials for fraud of over Rs 4,000 crore

EOW registers FIR against HDIL, PMC bank officials for fraud of over Rs 4,000 crore

Mumbai: The Economic Offences Wing (EOW) of Mumbai Police on Monday registered an FIR against the senior officials of HDIL and PMC bank i...Read More

RBI is looking into various aspects, including lapses on part of auditors in PMC Bank case: Thakur

RBI is looking into various aspects, including lapses on part of auditors in PMC Bank case: Thakur

New Delhi: Terming the Punjab and Maharashtra Cooperative (PMC) Bank crisis as an "eye opener", Minister of State for Finance Anurag Tha...Read More

Loan irregularities at PMC Bank raises question on role of RBI, auditors: Anurag Thakur

Loan irregularities at PMC Bank raises question on role of RBI, auditors: Anurag Thakur

New Delhi: The loan irregularities at the Punjab and Maharashtra Co-operative (PMC) Bank raises questions on the roles of regulator (RBI)...Read More

Mumbai Police arrest five gang members for duping 75-year-old man of Rs 14 lakh

Mumbai Police arrest five gang members for duping 75-year-old man of Rs 14 lakh

Mumbai: Five members of a gang have been arrested for allegedly duping a man of Rs 14.40 lakh on the pretext of promising him good return...Read More

RBI initiates prompt corrective action for Lakshmi Vilas Bank

RBI initiates prompt corrective action for Lakshmi Vilas Bank

Mumbai: The Reserve Bank of India (RBI) has initiated prompt corrective action for the troubled Lakshmi Vilas Bank (LVB), a day after the...Read More

PMC Bank did not commit any fraud: Joy Thomas

PMC Bank did not commit any fraud: Joy Thomas

He called the Reserve Bank of India’s decision to impose a withdrawing limit as harsh and stated that the bank had informed the RBI about...Read More

HomeShop18 vendors allege Rs 200 cr fraud by promoters

HomeShop18 vendors allege Rs 200 cr fraud by promoters

New Delhi: Vendors with television marketplace HomeShop18 on Friday claimed that around Rs 150-200 crore is due to them from the company,...Read More

Psychological disorder: The fear of being a 'fraud'

Psychological disorder: The fear of being a 'fraud'

As per a study, Impostor syndrome -- a psychological disorder where people doubt their own capabilities and accomplishments is more commo...Read More

FIR filed against Oyo founder Ritesh Agarwal by Bangalore hotelier for fraud and cheating

FIR filed against Oyo founder Ritesh Agarwal by Bangalore hotelier for fraud and cheating

The Whitefield police in Bengaluru have booked hotel chain OYO Hotels and Homes’ CEO and founder Ritesh Agarwal for cheating and criminal...Read More

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