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  New India Co-operative Bank fraud: Wanted accused Kapil Dedhia arrested, in custody till March 19

  Business | March 15, 2025 20:08 IST

  Kapil Dedhia also received money from Unnathan Arunachalam, another wanted accused in the case, and prime accused Hitesh Mehta, the bank’s former general manager and head of accounts.

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  New India Cooperative Bank scam: Ex-directors claim unaware of Rs 122 cr fund embezzlement

  Business | March 03, 2025 22:03 IST

  These directors have claimed they had no role in the alleged fraud which came to light last month, they said. The Mumbai Police's Economic Offences Wing (EOW), probing the alleged illegal withdrawal of Rs 122 crore from the bank's treasury.

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  New India Cooperative Bank: Fourth accused arrested in Rs 122 crore embezzlement case

  Business | February 28, 2025 10:14 IST

  New India Cooperative Bank case: Manohar’s father Unnanathan Arunachalam is accused of accepting Rs 40 crore from the prime accused and former general manager of the bank Hitesh Mehta.

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  New India Cooperative Bank case: Case filed against general manager, will depositors get back money?

  Business | February 15, 2025 15:47 IST

  New India Cooperative Bank case: Based on the complaint, a case under the Bharatiya Nyaya Sanhita (BNS) sections 316 (5) (criminal breach of trust by public servants, bankers, and others in positions of trust), 61(2) (criminal conspiracy) was registered against Mehta and others.

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  Bank loan fraud case: ED attaches fresh assets of fugitive businessman Nirav Modi worth Rs 29.75 cr

  India | September 11, 2024 19:36 IST

  ED had issued a provisional order under the Prevention of Money Laundering Act (PMLA) to attach these assets - bank deposits, land, and buildings that belong to fugitive diamond trader Nirav Modi.

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  Hyderabad: 'Dead' man, on the run for 20 years in SBI fraud case, arrested by CBI

  Crime | August 06, 2024 11:20 IST

  The accused frequently changed his identity, locations and contact numbers in the last 20 years to avoid arrest. He was also planning to escape to Sri Lanka by sea route.

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  Bank fraud case: ED raids several locations in Delhi-NCR, Maharashtra against Amtek group

  India | June 20, 2024 15:45 IST

  The raids were conducted across Delhi, Gurugram, Noida, Mumbai and Nagpur under the Prevention of Money Laundering Act (PMLA) on Amtek Group led by Arvind Dham, Gautam Malhotra and others.

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  Gurugram: Deputy Bank manager arrested for opening fake accounts for fraudsters to meet his targets

  India | May 21, 2024 19:54 IST

  During police interrogation of the accused, it was revealed that the deputy bank manager had opened a fake bank account to achieve his target and made it available to fraudsters, the probe official said.

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  Bank loan fraud case: ED attaches assets worth Rs 538 cr of Jet Airways founder Naresh Goyal, others

  India | November 01, 2023 17:35 IST

  Citing an audit report, the ED has claimed that the loans availed by Jet Airways (India) Limited (JIL) were used for purchasing immovable assets such as furniture, apparel and jewellery.

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  CBI registers Rs 30-cr bank fraud case against Delhi-based firm

  India | July 06, 2023 9:44 IST

  The private company which deals in Defence production allegedly duped a bank of Rs 30 crores.

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  ED files chargesheet against Jammu group, promoters in bank loan fraud

  India | November 14, 2022 19:13 IST

  Bank loan fraud case: The ED said the loans were "not used" for the intended purposes and were defaulted, the agency said.

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  CBI arrests Ludhiana-based SEL Textiles director Neeraj Saluja in Rs 1,530 crore bank fraud case

  India | October 28, 2022 21:04 IST

  Bank fraud case: It has been alleged that the accused, which also includes a private corporation and its directors, defrauded a group of 10 banks, led by the Central Bank of India, resulting in fraud of around Rs 1530.99 crores.

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  Yes Bank-DHFL case: ED attaches Rs 415 cr worth assets of builders Avinash Bhosale, Sanjay Chhabria

  India | August 03, 2022 12:45 IST

  The Enforcement Directorate (ED) had issued a provisional attachment order under the Prevention of Money Laundering Act (PMLA) on Tuesday to attach the assets of Bhosale, worth Rs 164 crore, while Chhabria's assets are worth Rs 251 crore.

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  BJP's Varun Gandhi takes dig at Centre over biggest bank fraud case

  India | February 18, 2022 17:23 IST

  Varun Gandhi was reffering to a bank fraud case in which CBI has booked ABG Shipyard Ltd and its former chairman and managing director for allegedly cheating a consortium of banks led by State Bank of India of over Rs 22,842 crore.

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  Congress questions Modi govt over ABG Shipyard bank-fraud case

  India | February 13, 2022 17:19 IST

  In its complaint, the SBI said ABG Shipyard Limited (ABGSL) is the flagship company of the ABG Group, which is engaged in the business of ship building and ship repair.

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  ABG Shipyard duped SBI and other banks of Rs 22,842 crore: Know all about India's biggest bank fraud

  India | February 12, 2022 18:24 IST

  This is the biggest bank fraud case registered by CBI. Funds were used for purposes other than for which they were released by banks.

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  CBI lodges 4 separate cases in connection with Rs 940 cr bank fraud

  India | January 06, 2022 17:51 IST

  One of the cases was registered on a complaint from the Bank of India against an Ahmedabad-based private firm, its Directors, and unknown public servants for causing a loss of Rs 631.97 crore to the bank.

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  CBI arrests ex-Assam CM Hiteswar Saikia's son Ashok in alleged loan scam

  India | November 07, 2021 21:27 IST

  The case pertains to a loan taken from Assam Cooperative and Agriculture Development Bank.

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  Bank fraud case: HDFC duped of Rs 1.4 cr by opening priority accounts, 3 arrested

  India | August 08, 2021 7:28 IST

  The gang of cheats had allegedly duped the Bank by opening priority accounts in several banks to avail of premier banking services using fake documents.

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  ED arrests Shakti Bhog CMD Kewal Krishan Kumar in bank fraud case

  India | July 05, 2021 13:02 IST

  The ED said the "allegations against the accused include diversion of funds from loan accounts by round-tripping through related entities and siphoning of funds was being done by way of suspicious sale/purchase from various entities."