Bitcoin scam busted, 2 arrested
News | April 22, 2018 9:11 ISTTwo men who defrauded thousands of people of several crores of rupees using cryptocurrency were arrested by Cyber Cell of Delhi Police.
Two men who defrauded thousands of people of several crores of rupees using cryptocurrency were arrested by Cyber Cell of Delhi Police.
It is alleged that the accused persons in pursuance of a criminal conspiracy defrauded the UCO Bank to the tune of about Rs 621 crore by diversion and siphoning of the bank loans.
Besides, the lending major said it will look on a quarterly basis on whatever internal accruals can be generated -- through recovery, more efficient risk management, more business generation and more cross selling.
Delhi-based private firm Occasion Silver Pvt Ltd and its two directors Kapil Gupta and Raj Kumar Gupta were also named in the chargesheet on the allegations of cheating the bank.
The CBI has registered the FIR under the Indian Penal Code (IPC) sections related to criminal conspiracy, cheating and provisions of Prevention of Corruption Act.
The court, in its recent order, issued arrest warrants against Mallya and others, taking cognizance of the offence punishable under Section 36, Section 448 and Section 447 of the Companies Act, 2013.
The bizarre incident comes to light at a time when the central government has taken cognisance of many consumer grievances arising out of online e-commerce companies.
John Nath Kapoor, currently on the board of Insys Therapeutics, was arrested by the FBI from his home in Arizona yesterday on charges including racketeering, conspiracy and fraud.
Shree Jeewan Hospital was asked to compensate the North-East Delhi resident Rubina for medical negligence.
The Central Bureau of Investigation (CBI) on Thursday registered three cases against the bank officials and the directors of private companies for allegedly cheating the Corporation bank to the tune of Rs 9 crore in each case
As per the probe agency, most of the children of office-bearers posed as players, despite never having played at any state or regional level tournament
In a significant ruling, a Paris court has said that former French President Nicolas Sarkozy will face trial over alleged fraud in the financing of his 2012 election campaign, the media reported on Tuesday.
Arvind Kejriwal on Tuesday termed the Narendra Modi government’s demonetisation move a fraud aimed at benefiting a particular political party and demanded a Supreme Court-monitored probe into the scrapping of Rs 500 and Rs 1000 notes.
Mumbai: A 29-year-old woman, Vrushali Bamane was held by the police for swindling her boss for over Rs 16 crore by tempering his accounting books. Now, they are even more amazed to learn how she ingeniously invested the black money and property worth
New Delhi: Burgeoning cases of non-performing assets (NPAs) and piling loan frauds have led banks to private detectives for conducting ‘undercover’ operations to unearth hidden data against defaulters who have cheated them of crores of
New York:A 53-year-old Indian-American physician has been indicted by prosecutors on charges of healthcare fraud Pennsylvania. Samirkumar Shah, resident of Armstrong county, could be jailed for maximum 10 years and fined 250,000 dollar if found
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