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Sunday, April 19, 2026
TopicFinancial fraud

Topic: financial fraud

RBI is going out of its way to compensate fraud victims. It doesn’t have the mandate

The RBI may consider evaluating the structural reasons why banks do not invest in fraud protection.

Chandigarh Smart City funds in ‘ghost FDs’: IDFC First bank manager, accountant booked in Rs 116 cr fraud

Amit Kumar, Commissioner of the Municipal Corporation of Chandigarh, said that IDFC First Bank returned Rs 116.84 crore, including interest, after the fraud came to light.

Rajpal Yadav is back from Tihar jail. His next film is Welcome to the Jungle

During Rajpal Yadav's time in jail, actors Sonu Sood and politician Tej Pratap Yadav extended monetary help, while singer Guru Randhawa signed him on for a music video.

The exception to ‘bail the rule, jail exception’—Supreme Court draws the line at habitual ‘conmen’

Overturning Allahabad HC order granting bail to man accused of Rs 6.5 cr fraud, SC acknowledged while 'liberty is a priceless treasure', it is not absolute.

32nd Avenue was Gurugram’s postcard venue. Doctors to retirees have now lost life savings

The cracks in the perfectly curated facade of 32nd Avenue started appearing years before CEO Dhruv Sharma was arrested for allegedly selling the same commercial floor to 25 different buyers.

OctaFx app founder Prozorov who duped Indians of Rs 5,000 cr held in Spain, ED to pursue extradition

Russian national was duping thousands in many countries. Investigations in India began in 2022. OctaFx once trading partner of IPL franchise Delhi Capitals, endorsed by TV stars.

No doctor or ICU—small pvt hospitals drive AB-PMJAY fund misuse in Chhattisgarh as monitoring lax

Average claim under AB-PMJAY in Chhattisgarh is Rs 10,000, less than national average of Rs 13,000/year, indicating that most patients in state can use scheme only for minor procedures.

ED seizes Rs 1,646 cr in crypto from Gujarat. What is the multinational BitConnect scam

Satish Kumbhani was arrested in 2019 for ‘orchestrating fraud through his firm BitConnect’. He was also indicted in US in 2022 for running 'ponzi scheme'. He is currently out on bail.

53% Indians experienced some form of financial fraud in last 5 years, say LocalCircle report

The survey, which received responses from over 48,000 citizens across 367 districts in India, highlighted widespread vulnerabilities in the way individuals manage and share their financial data

Over 100 ‘job fraud’ websites promising quick money for ‘work from home’ blocked for ‘laundering money’

Action followed alert by National Cybercrime Threat Analytics Unit. MHA said in a statement that it was 'committed to curbing cybercrime & protecting people from cyber threat actors'.

On Camera

India’s close encounters with Pakistan on Siachen

Pakistan's SSG team was not adequately provisioned for the inclement weather. If it managed to consolidate its position, the story of Siachen would have been different. 

Recovery of energy flows will be ‘gradual rather than immediate’ as Hormuz re-opens post ceasefire

The reopening of the Strait of Hormuz eases supply fears, but controlled shipping, slow output recovery, and high costs may delay oil flow normalisation for months.

Why Siliguri Corridor is strategically important for India & how it is being secured | Cut The Clutter

This special edition of Cut The Clutter, straight from the Siliguri corridor, details the strategic importance of the narrow strip of land in West Bengal, and how it’s a vital link connecting the Northeast to the rest of India.

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.