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Tuesday, April 28, 2026
TopicBank Fraud

Topic: Bank Fraud

Why journalist Sucheta Dalal has disputed removal of content linking Sandesaras to Sterling Biotech case

Delhi court’s 4 April order banned Google, Meta, other media houses from publishing content linking Sandesaras to Sterling Biotech bank fraud case, directed delisting of certain URLs.

Bank loan fraud case in SC: Anil Ambani seeks Sandesara bros-style resolution of cases against him

ADAG chairman however sought to distinguish himself from Sandesara brothers, saying, 'I have not been a declared fugitive'.

Rs 578 crore for housing scheme vanishes from Haryana govt bank accounts, back in 24 hrs. What FIR says

The Anti-Corruption Bureau's FIR reveals that the cheques bore forged signatures of a senior IAS officer, who had relinquished charge much before the bank accounts were opened.

Bombay HC lifts stay shielding Anil Ambani from ‘fraud’ tag—‘risks eroding public confidence in banking’

Order says the interim relief was legally flawed, effectively allowing lenders to resume fraud-classification proceedings against Ambani.

Amid Haryana assembly ruckus over bank fraud linked to govt accounts, Saini says full Rs 578 cr recovered

Haryana Chief Minister Nayab Singh Saini attributes the fraud to collusion by lower-level employees at Chandigarh banks & says the full sum was credited back to state govt accounts.

7 yrs into probe, ED weighs plea seeking ‘fugitive economic offender’ status for Jatin Mehta’s wife & sons

Mehta family, living in London, is linked to a series of bank frauds. While CBI has filed 16 cases against Mehta, his wife Sonia & sons Suraj and Vishal face a dozen cases of fraud.

Bail for DHFL’s Wadhawan brothers in bank fraud case after 5+ yrs. Why SC set aside Delhi HC’s refusal

The two have been in custody since April 2020 in connection with loans worth Rs 57,252 cr availed by DHFL from consortium of 17 banks. Other co-accused in related cases out on bail.

‘Intention to cheat’—bank’s case against Reliance Home Finance as CBI raids ex-director Jai Anmol Ambani

CBI has booked Anil Ambani’s son on Union Bank of India’s complaint against his finance firm that caused alleged loss of Rs 228 crore. Raids were conducted Tuesday.

One-time settlement doesn’t end cheating case, rules SC—in departure from its own proposal to Sandesaras

The order comes weeks after a separate bench proposed dropping all criminal charges against the billionaire Sandesara brothers, given that they deposited Rs 5,100 cr as settlement with defrauded banks.

Turning point in India’s 8-yr pursuit of Mehul Choksi as Belgian court orders fugitive’s extradition

Choksi can still appeal against extradition to higher court. India has guaranteed Choksi will be kept in humanitarian conditions at par with European human rights laws.

On Camera

Buddha comes home to Ladakh exposition: Gajendra Singh Shekhawat

The Government of India recognises Ladakh as one of the most important living centres of Buddhist culture in the world. We are committed to safeguarding its unique cultural traditions.

Lesson for India from the West: AI is hollowing out white-collar jobs & birthing a new middle-class elite

Post-2022 as AI has spread in developed economies, it is leading to another round of polarisation—the middle class jobs are being lost in offices rather than in factories.

Fourth S-400 sets sail for India, to arrive by mid-May; likely to be deployed along Pakistan border

The fifth S-400 air defence system is undergoing various stages of production trials, and will be delivered by November-December this year, it is learnt.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.