scorecardresearch
Add as a preferred source on Google
Friday, November 21, 2025
TopicFinancial fraud

Topic: financial fraud

‘Didn’t get our flats’ — TMC’s Nussrat Jahan accused of duping homebuyers, BJP seeks ED probe

Nussrat was one of the directors of real estate firm which had to deliver the flats in New Town by 2017. TMC MP claims that she had already resigned in 2017.

Finance Ministry working to clamp down ‘like never before’ on bogus financial apps, says Sitharaman

The FM urges people to be cautious when following the advice of ‘finfluencers’ or investing through financial apps without doing due diligence, likening these to Ponzi schemes.

Pump & dump: How SEBI caught Arshad Warsi & others ‘manipulating’ stock prices in ‘finfluencer’ scheme

SEBI has said a nexus operated to pump up share prices of two broadcast companies via ‘misleading’ YouTube videos. Shares were then offloaded for profits at expense of investors.

Shunned as a mega crypto ‘fraudster’, Sam Bankman-Fried now only has a dog to defend him

The once-celebrated young investor with estimated worth of $26 bn, is now 'nearly penniless & friendless' and going down in history for besmirching reputation of struggling crypto industry.

40% of Indian firms lost $50k-$100k to fraud, economic crime during peak Covid, says PwC report

Silver lining is that there’s decline in fraud due to prevention measures taken up by managements, finds survey. As many as 112 Indian companies were part of global survey.

RBI unlikely to extend 30 September deadline for credit card security, say bankers, merchants

According to RBI's data, card & internet transactions made up 34.6% of the total fraud cases in FY21.

Amid digital payment boom, 42% Indians faced financial fraud, 74% didn’t get money back

Survey by LocalCircles found that 'bank account frauds' topped the list, followed by 'fraud by eCommerce sites'.

From global travel & tourism empire to liquidation, promoter in jail: The fall of Cox & Kings

Agencies have filed at least 10 cases against promoter Peter Kerkar & ex-CFO Anil Khandelwal. Overspending, money siphoned off through shell companies led to bankruptcy, it’s alleged.

Don’t get lured by ads of ed-tech firms, do your research to avoid fraud, govt tells parents

The advisory says some ed-tech companies asking vulnerable families to sign up for automatic payment options in garb of providing free service, asks parents to be cautious.

Hacked, phished, bamboozled — how cyber criminals conned 4 former Karnataka DGPs

Former Karnataka DGP Shankar Mahadev Bidari is the latest to be targeted, with hackers allegedly attacking his email ID & reaching his contacts with requests for financial aid.

On Camera

India can face multi-front conflicts with hostile Dhaka. New Delhi missed chance to engage BNP

India's projects related to BIMSTEC, Look-East-Act-East and Indian Ocean Rim Association could suffer a setback, impacting trade with South Asia and the South-South Cooperation agenda.

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

IAF’s leased KC-135 lands in Agra, American firm’s pilots to man mid-air refueller

India’s refueller fleet comprises six Russian Ilushin-78 tankers, first inducted in 2003, which are facing huge maintenance and serviceability issues.

INDIA has a Congress-sized hole. And the fix begins with a little humility

Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.