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  Dominica court stops removal of Choksi from country: Report

  India | May 28, 2021 11:09 IST

  A court in Dominica has "restrained" authorities from removing fugitive businessman Mehul Choksi from the Caribbean island country till further orders, local media reported.

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  PNB scam: Fugitive businessman Mehul Choksi goes missing in Antigua, manhunt launched

  India | May 25, 2021 9:15 IST

  Fugitive diamantaire Mehul Choksi is understood to have gone missing in Antigua and Barbuda with the police launching a manhunt to trace him since Sunday, local media outlets reported.

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  Delhi: 2 arrested for bank fraud in Karol Bagh

  Crime | January 18, 2021 17:38 IST

  The police said that on January 16, a complaint was received from a bank in Karol Bagh stating that a person named Anurag deposited three different cheques for clearing.

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  CBI books dairy maker Kwality Ltd in Rs 1400 crore bank loan fraud case

  India | September 21, 2020 22:11 IST

  The Central Bureau of Investigation (CBI) has registered a case against Kwality Limited, Kwality Limited, one of the country's most popular dairy product makers, and its directors for defrauding Bank of India and other banks of over Rs 1400 crore. 

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  Total bank frauds rise more than double to ₹1.85 trillion in FY20: RBI

  Business | August 26, 2020 22:34 IST

  The annual report of Reserve Bank of India showed that the banks frauds of ₹100,000 and above have more than doubled in value to ₹1.85 trillion in FY20, with the number of such cases increasing 28% in the same period.

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  CBI brings PNB fraud case accused from Muscat

  India | March 07, 2020 14:05 IST

  The Central Bureau of Investigation (CBI) on Saturday brought an accused in a bank fraud case from Muscat, Oman. The accused, identified as Sunny Kalra has been brought along with his wife. 

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  CBI books Educomp, directors for bank fraud; searches 8 places

  India | February 12, 2020 0:02 IST

  The CBI on Tuesday carried out searches at eight locations in Delhi, Gurugram and Dehradun after registering a case against Educomp Solutions Ltd (ESL), its subsidiary and directors for allegedly defrauding an SBI-led consortium of 13 banks to the tune of Rs 1,955 crore, officials said.

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  Leo Meridian Infrastructure promoter, his associate arrested in Rs 1,768 crore bank fraud case

  India | January 15, 2020 14:03 IST

  The Enforcement Directorate (ED) on Wednesday said that it has arrested G.S.C. Raju, promoter of Leo Meridian Infrastructure Projects and Hotels Limited (LMIPHL) and his close associate A.V. Prasad in connection with its probe into money laundering case worth Rs 1,768 crore. 

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  Total frauds at banks rise 74 pc to Rs 71,543 crore in 2018-19: RBI

  Business | December 24, 2019 23:12 IST

  In the bank advances category, there were 3,606 number of fraud cases involving Rs 64,548 crore reported in 2018-19.

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  Another depositor of fraud-hit PMC Bank dies

  India | December 06, 2019 18:29 IST

  The relative said Jiandani had an account in Punjab & Maharashtra Cooperative Bank (PMC Bank), which was put under restrictions by the RBI in September after an alleged Rs 4,355 crore scam came to light.

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  UPI payment fraud: HDFC Bank alerts customers of banking fraud; shares do's and don'ts

  Business | November 06, 2019 9:43 IST

  UPI Fraud Alert! As the number of transactions on the Unified Payments Interface (UPI) platform is expanding, the number of fraud cases is also growing. UPI has eased making fund transfers for customers even without using a debit card or credit cards. Keeping in mind the increasing number of UPI payment fraud, HDFC has issued alert that fraudsters are stealing money from users’ bank accounts via UPI.

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  ACB files FIR in J&K Bank loan fraud case

  India | October 19, 2019 23:57 IST

  The Anti Corruption Bureau (ACB) of Jammu and Kashmir on Saturday registered an FIR in the J&K Bank loan fraud case of Rs 1,100 crore advanced to Rice Exports India (REI) Agro Ltd. Searches have been conducted at many locations in Delhi, Jammu and Srinagar.

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  Bank fraud case: ED attaches Rs 4,025 cr assets of BPSL

  Business | October 13, 2019 0:04 IST

  The Enforcement Directorate (ED) has attached immovable properties worth Rs 4,025.23 crore of Bhushan Power and Steel Limited (BPSL) in a money laundering case against the firm for siphoning off funds obtained as loans from various banks and financial institutions, the agency said on Saturday.

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  Ratul Puri's judicial custody extended till Oct 17 by Delhi court

  India | October 03, 2019 19:28 IST

  A Delhi court Thursday extended the judicial custody of Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath, till October 17 in a money laundering case related to a bank loan fraud.

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  PMC Bank used more than 21,000 fake accounts to hide loans: Report

  Business | October 02, 2019 14:33 IST

  PMC Bank Crisis: Week after RBI's restriction on Punjab and Maharashtra Co-Operative (PMC) Bank from doing "any kind of business' and put a limit on cash withdrawals by depositors, a shocking detail has emerged.

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  SBI warns account holders against fraudsters, says 'don't do this'

  Business | September 25, 2019 16:07 IST

  SBI users alert! India's largest public sector bank, the State Bank of India (SBI) has issued an advisory and warned its account holders about threats from fraudsters who devise new tricks to dupe thousands of customers daily. This menace is not just limited to SBI. Here's what you must know to keep your hard-earned money safe:

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  ALERT! Visit bank ATM for withdrawing cash? You need to watch this ATM fraud video to save your bank details

  Business | August 28, 2019 0:02 IST

  Several people have reported of ATM frauds in the past and about the card skimming technique to clone debit/credit cards to withdraw money from remote locations was used. Recently, a group of citizens in Delhi's Arjun Nagar area discovered an ATM kiosk of Canara Bank rigged with card skimming chip and hidden camera.

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  Ratul Puri, Kamal Nath's nephew, arrested by ED in bank fraud case

  India | August 20, 2019 12:26 IST

  Ratul Puri, businessman and MP CM Kamal Nath's nephew, was arrested by the Enforcement Directorate in a bank fraud case on Tuesday.

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  SBI issues fraud alert: Advises account holders on how to keep money safe

  Business | August 07, 2019 17:10 IST

  India's one of the largest public sector bank has issued a fraud alert for its customer. If you don't follow the advisory you may end up losing your hard-earned money to fraudsters. If you are SBI account holder then you should not ignore this news. Amid growing online fraud, SBI has recently released a warning for its customers and has asked them to stay careful with their bank account details. SBI issued an alert as there have been constant attempts made by fraudsters to steal account holders' money.

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  Financial giant Capital One hit by Woman hacker with over 100 million affected in the US

  Technology | July 30, 2019 13:03 IST

  Over 100 million customers were compromised in a massive data breach at the financial giant and credit card issuer Capital One.