Page 4 - Frauds

MGF files FIR against Emaar officials over 'fraudulent transfer' of land

MGF Developments Ltd has filed an FIR against officials of its erstwhile joint venture partner Emaar India, including Emaar Properties Group CEO, Amit Jain

Going mobile with fraud detection

Preventing mobile-based fraud requires coordinated efforts between regulators, industry bodies representing mobile operators, banking and financial services, and security tech providers

Kolkata vaccine fraud: Accused organised two Covid-19 vaccination camps

Accused Debanjan Deb, who allegedly organised fake Covid-19 vaccination camps impersonating an IAS officer, has confessed to having organised two such camps in the city, said Kolkata police

2 held in UP for stealing data from finance company, diverting EMIs

Uttar Pradesh police of Noida sector 58 have arrested two people for stealing data from a finance company and then diverting the Equated monthly installments of customers to their personal accounts

Enforcement Directorate steps up drive to check Covid-linked corruption

The Enforcement Directorate (ED) has directed officials to consider cases of crime related to Covid-19 as predicate offence

Fraud probe rocks embattled Gupta empire just as it seemed to win lifeline

For two months, Sanjeev Gupta has been scrambling to refinance after the collapse of his group's main lender, Greensill Capital

SC refuses to stay Telangana HC order on RBI's fraud classification

However, it allowed the parties to file replies and rejoinders and listed the matter on July 13

Blocking and chaining resume fraud

A mini-industry has come up to manage employee background checks. Studies indicate that one in five resumes have information discrepancy that is serious enough to be considered a fraud

FIR against 92 teachers in UP for using fake documents to get job

The fraud was detected during a probe by the Uttar Pradesh Special Task Force

Sebi fines Rs 10L on 9 people for fraud trading in Pyramid Saimira shares

Markets regulator Sebi on Tuesday slapped a total fine of Rs 10 lakh on nine individuals for indulging in fraudulent trading in the scrip of Pyramid Saimira Theatre Ltd back in 2008.

Govt to announce forensic auditing norms, bring clarity in fraud detection

Standards used now are not clear, resulting in hundreds of cases across India courts filed by borrowers, companies and individuals

Parliament passes Arbitration Amendment Bill to protect taxpayer money

Section 36 of the (Arbitration) Act says the arbitration award be set aside if it is against public policy, said Law Minister Ravi Shankar Prasad in Rajya Sabha

Sebi slaps fine on three entities for fraudulent trading activities

The penalised entity and individuals are Rachita Shripalkumar Shah, Shripal Sheshmal Huf and Shripal Sheshmal

MSC Bank scam: Hearing on Anna Hazare's plea against closure starts

Maharashtra Deputy Chief Minister Ajit Pawar was one of the accused named in the case

Sebi bars entities, individuals from securities mkt for fraudulent trading

The entities and individuals (noticees) were found to have violated the provisions of Prohibition of Fraudulent and Unfair Trade Practices norms

Sebi bans Tradebizz Research proprietor for 3 years for fraudulent trading

In August 2019, the regulator had passed an ex-parte interim order against Tradebizz Research and Parihar (noticee), directing them not to access the securities market till further directions

Beware of fraud in name of Covid-19 vaccine: Noida police to people

Amid rising cases of online frauds, he said police are carrying out an awareness campaign to keep people informed about changing trends in such crimes

SFIO searches Sahara's office in Lucknow, probe against group widens

Group's companies suspected to have diverted a huge amount of money to other subsidiaries after taking collections from depositors.

Online fraud attempts drop 29% during unlocking period, says study

Such attempts had risen sharply right before pandemic and early part of pandemic by 121 per cent, according to a TransUnion report

DHFL case: Auditor reports fraudulent transactions worth Rs 2,150 crore

DHFL is undergoing resolution process under the Insolvency and Bankruptcy Code