Tag: fraud

Fictitious transaction of sale of property in Delhi: Banks and financial institutions cheated

Newsroom24x7 Network New Delhi: Delhi Police have registered a case of serious economic offences against few persons accused of have dishonestly and fraudulently, in conspiracy with each other and some other unknown persons have cheated multiple banks and financial institutions, including Aditya Birla Housing Finance Limited  (ABHFL),  Syndicate Bank, Canara Bank, Axis Bank, Indian Bank,

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CBI arrests zonal head of Bank of Maharashtra

Newsroom24x7 Staff Pune: The Central Bureau of Investigation has arrested a former Zonal Head, Pune City Zone, Bank of Maharashtra, and a director of a private logistics Company, based at Surat (Gujarat) in an on-going investigation of a bank fraud case. CBI registered a case against the Surat based private logistics firm and 10 other

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Mallya arrested in London, released on bail

Newsroom24x7 Network London: Liquor baron and owner of the grounded Kingfisher Airline Vijay Mallya, who has been charged of fraud and defaulting on loans in India, was today arrested on India’s request by Scotland Yard in London. Mallaya was arrested on an extradition warrant on behalf of India at a police station in central London.

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“Black Dollar” fraud: Delhi Police arrests two Central African nationals

Newsroom24x7 Staff New Delhi: With the arrest of two Central African Nationals (from Cameroon and Congo) the North District Police here has busted a gang involved in committing what has been described as a “black dollar fraud” The Police on Sunday, 20 March, regisetred against the accused Kamleu Nya Alain @ Glory and Mwanza Nawej

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3 to 7 years Jail sentence for 5 accused in Provident Fund forgery case

Newsroom24x7 Desk Bhopal : The Special Judge for CBI Cases, Bhopal has convicted 12 accused persons including 5 from Employees Provident Fund Organisation (EPFO) in a Rs.45 lakh forgery case. Further, a 7 years Rigorous Imprisonment(RI) with a fine of Rs.38 lakhs has been slapped on the then LDC Gajendra Singh Chauhan (EPFO). The then Section

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CBI files chargesheet against a company director for causing Rs. 102 crore loss to IOB

Newsroom24x7 staff New Delhi: The Central Bureau of Investigation (CBI) has filed a charge sheet in the Court of Chief Metropolitian Magistrate (South East) at Saket in New Delhi against a former Managing Director of a Gurgaon based private company for allegedly cheating the R.K.Puram Branch of Indian Overseas Bank in New Delhi to the

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