Showing results for "#bank fraud"
8-fold surge in bank fraud cases at Rs 21,367 crore in 1st half this...
This is an almost 28 per cent rise in the number of cases (14,480 in April-September of FY24) and over eight-fold increase in the total amount (Rs...
Three Indian-Americans indicted in over $35 mn loan fraud scheme
Rajendra G. Parikh, 63, and Rajnikant I. Patel, 59, from New Jersey were charged with bank fraud, making false statements to financial institutions,...
Bank fraud: Jet Airways founder Naresh Goyal sent to 14-day judicial...
The Enforcement Directorate (ED) arrested Goyal on September 1 under the Prevention of Money Laundering Act (PMLA) following a long session of...
Bank fraud: Trio gets 3-year RI
Another accused in the case, S Karthikeyan has also been sentenced to undergo three years rigorous imprisonment with a fine of Rs 60,000.
Bank cashier held for cheating customer of Rs 2.3 lakh
A cashier of a public sector bank branch in Kundrathur has been arrested for looting a customer of Rs 2.30 lakh.
CBI books 3 bankers for Rs 30 cr fraud
The CBI has booked 7 people including 3 bank employees and executives of a firm engaged in distribution of coal and mineral for an alleged bank fraud...
27 years on, two awarded 3-year RI for bank fraud
A CBI court in Chennai convicted two persons, sentencing them to three years’ rigorous imprisonment in a Rs 2.70 crore bank fraud case of 1993. The...
Bank fraud: ED slaps biggest FEMA notice on Kolkata firm
The Enforcement Directorate (ED) has slapped its biggest ever FEMA show cause notice of Rs 7,220 crore on a Kolkata-based jewellery house for...
