bank fraud
- Bangalore
ED conducts search operations in Bengaluru in Opto Circuits bank fraud case
New Delhi: The Enforcement Directorate (ED) on Tuesday conducted search operations at five different locations in Bengaluru in connection with a bank fraud case involving Opto Circuits India Ltd and associated individuals.…
- Hyderabad
ED raid in Hyderabad in connection with bank fraud Bank fraud
New Delhi: The Enforcement Directorate on Wednesday said it has seized Indian and foreign currency and has frozen bank deposits worth more than Rs 1 crore after it conducted raids in Hyderabad…
- Bangalore
IDBI bank manager held for swindling money from customers’ accounts
Bengaluru: Karnataka police have arrested a relationship manager of IDBI bank in Bengaluru in connection with transferring Rs 4.92 crore illegally to various accounts, police said on Monday. According to police, 34-year-old…
- India
FIR against Mumbai-based company on allegations of bank fraud of Rs 4,957 crore
New Delhi: The Central Bureau of Investigation (CBI) has registered a case against a private company based in Mumbai and others including its directors and on a complaint from Bank of Baroda…
- Hyderabad
Hyderabad: 10 sentenced to rigorous imprisonment in bank fraud case
Hyderabad: The Special Judge for CBI Cases, Hyderabad has sentenced 10 accused persons to various periods of Rigorous Imprisonment (RI) and imposed a fine on them for involvement in a bank fraud…
- Business
UP STF arrests 5 persons in Rs 146 cr bank fraud case
Lucknow: Five persons, including two masterminds of the Cooperative Bank fraud case in which Rs 146 crore was digitally transferred by hackers, have been arrested by the Uttar Pradesh Police’s Special Task…
- Andhra Pradesh
Former Andhra MP, husband get five-year jail in bank fraud case
Hyderabad: A CBI court here on Wednesday sentenced former Member of Parliament from Andhra Pradesh, Kothapalli Geetha, her husband P. Ramakoteshwara Rao and two bank officials to five years imprisonment in a…
- India
ED seizes Rs 415 crores from builders’ assets in biggest bank fraud
The Enforcement Directorate (ED) on Wednesday attacked assets worth ₹ 415 crores to builder and businessman of ABIL Infrastructure Avinash Bhosale and Sanjay Chhabria of Radius Developers. Both the businessmen were earlier arrested in…
- Hyderabad
Hyderabad: Bank fraud of Rs 67.71 crores committed, CBI registers case
Hyderabad: A complaint has been registered against a private company by the Central Bank of India, Hyderabad on the allegation of causing a loss of Rs 61.71 crores (approx) to the bank.…
- India
Congress questions Modi govt over ABG Shipyard bank fraud case
Chandigarh: Dubbing it as the country’s biggest bank-fraud case, the Congress questioned the Narendra Modi government on Sunday why it took five years after the liquidation proceedings of ABG Shipyard to lodge…
- India
ABG Shipyard, its directors booked by CBI for duping 28 banks of Rs 22,842 cr
New Delhi: The Central Bureau of Investigation (CBI) registered an FIR against ABG Shipyard and its directors for allegedly duping 28 banks of Rs 22,842 crore. The FIR was registered on February…
- Hyderabad
Hyderabad: Pilot falls prey to KYC fraud, loses Rs 1 lakh
Hyderabad: In yet another case of fraud, a pilot employed at a commercial airline was duped of Rs 1 Lakh, as he fell for a KYC trap. The victim received a false…
- Crime in Hyderabad
Cyberabad police arrest 7 for cyber fraud, seize 1 cr cash
Hyderabad: Seven accused were nabbed by the police of Cyberabad from Mohali, for allegedly cheating foreign customers on Thursday. The officials seized over one crore rupees in cash from the accused. The…