Follow Us on Google News Mumbai, March 24 (IANS) The Maharashtra Legislative Council on Monday adjourned thrice amid the ruckus over stand-up comedian Kunal Kamra’s indirect reference to Deputy Chief Minister Eknath Shinde as ‘traitor’ on his show. On Monday, a heated exchange of words took place between the ruling and Opposition members. Amid din, … Read more
Follow Us on Google News Gurugram, March 15 (IANS) A Cyber Crime team of the Gurugram police have arrested two criminals for allegedly providing bank account to cyber fraudsters, who cheated victim in the name of taxi booking in Mahakumbh, police said on Saturday. The victim in his police complaint said that he was cheated … Read more
Follow Us on Google News New Delhi, March 13 (IANS) The Economic Offences Wing (EOW) of the Mumbai Police is investigating a major financial fraud involving the New India Cooperative Bank, which has reportedly seen a Rs 122 crore embezzlement. The investigation has revealed that former bank president Hiren Bhanu, who is wanted in the … Read more
Follow Us on Google News Patna, March 11 (IANS) The Enforcement Directorate (ED) has filed a Prosecution Complaint (PC) before the Special PMLA Court, Patna in connection with the Rs 83.5 crore fraud at Vaishali Sahari Vikash Cooperative Bank (VSVCB) in Hajipur of Bihar. ED has named Vipin Tiwari, suspended CEO of VSVCB Bank, Sandeep … Read more
Follow Us on Google News New Delhi, March 11 (IANS) The Delhi High Court has observed that it is incumbent on the part of a bank to supply the Forensic Audit Report (FAR) before classifying accounts as “fraud”. A bench of Justice Manoj Jain was hearing a petition challenging the manner in which the accounts … Read more
New Delhi, March 8 (IANS) In a significant move to restore the Proceeds of Crime (POC) to rightful claimants, the Enforcement Directorate (ED), Delhi Zonal Office has successfully restituted property valued at Rs 13.58 crore to victims of the offence of money laundering and rightful claimants in the case of Kamal Kalra, former HDFC Bank … Read more
Gurugram, March 7 (IANS) A cyber crime team of the Gurugram Police has arrested three persons including a woman for allegedly providing a bank account to cyber fraudsters in the name of customer service, officials said. The accused were identified as Nilofar and Abhishek, residents of Kanpur, Uttar Pradesh, and Harshit Shukla, a resident of … Read more
Kochi, March 3 (IANS) The Kerala High Court on Monday ordered the Kerala government to direct the State Level Bankers’ Committee (SLBC) not to take any provocative steps against any Wayanad landslide victim who has defaulted on bank loans, till the matter of loan waiver is decided by the Central government. The Division Bench of … Read more
Bhopal, March 1 (IANS) A former Uco Bank official, his acquaintances, and a private firm face prosecution following an investigation by the Enforcement Directorate (ED) on alleged money laundering. The ED has filed a charge sheet against M/s Maa Bijasen Agro Infrastructure Warehouse and others under the Prevention of Money Laundering Act (PMLA), 2002. This … Read more