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Thursday, July 24, 2025
TopicFraud

Topic: fraud

Gurugram Police arrest Bihar man for impersonating ED director, extorting realtor of Rs 25 lakh

Siddharth Chauhan’s SBL Realtech owed nearly Rs 37 crore to some companies, but he had shrugged off the dues, alleging that his firm was defunct & under insolvency proceedings.

India must rethink compensation for fraud & scam victims. Follow UK-Singapore model

In contrast to India’s short reporting timelines, consumers in the United Kingdom have up to 13 months from the date of occurrence of a fraud or scam.

ED identifies Abu Dhabi T10 cricket team owner as ‘mastermind’ of Rs 500 cr investment fraud in India

Dubai-based venture capitalist Lavish Choudhary allegedly floated a multi-level scheme called ‘Botbro’, claiming to trade forex via AI bots. Fraud was first busted by HP Police in 2023.

Bangladeshis figure most in foreigner list as police focus on those entering with fake Indian passport

According to IGI police, 12 foreigners from Bangladesh, three from Myanmar and Nepal each, and an Afghan have been arrested. 23 ‘agents’ were also held for running fake passport syndicates.

‘1,285 cr’ fraud unearthed by Delhi CGST Dept, accused sold Apple electronic products

Arrested accused Kapil Arora made sales of Rs 1,285 cr worth of iPhones & laptops between 2018-19 and 2024-25 but showed tax authorities sales of Rs 22 crore, say Delhi authorities.

How a Pune investor’s complaint blew lid off ‘Rs 900-cr’ fraud linked to OctaFx forex trading platform

ED says the platform used complex process with dummy e-commerce sites, shell companies & cryptocurrencies to defraud investors. ED plans to contact foreign authorities to help with probe.

Ghaziabad man who ‘duped’ VK Singh’s daughter of Rs 3.5 cr booked in several fraud cases, never arrested

The businessman is yet to be questioned. He had entered into an agreement with Yogya Singh to buy a house in 2014, but even after payment of Rs 3.5 cr, the sale deed was not settled.

‘Rs 2.5 cr for BJP ticket’: Minister Pralhad Joshi’s kin booked on complaint by JD(S) ex-MLA’s wife

Union minister's brother Gopal Joshi, sister Vijayalakshmi Joshi and nephew Ajay Joshi booked. Multiple sections of SC/ST Act also invoked over casteist slurs.

‘IIM grad, Wipro HR V-P’ looking for Miss Right. Many faces of UP man who duped 17 women

Rahul Chaturvedi's run ended when a govt officer lodged FIR for defrauding her of Rs 2.27L. Cops found that he also used to buy phones paid by victims only to sell for quick money.

Government blocks 28,200 mobile handsets to curb misuse in cybercrimes and financial frauds

This action was taken after DoT analyzed mobile handsets that were misused in cybercrimes and found that 20 lakh numbers were used with these mobile handsets.

On Camera

China was quick to test the nuclear bomb. India missed vital landmarks

India had a nuclear research programme at the Tata Institute of Fundamental Research, months before the US’ test. Eight decades later, it is light years away from that early vision.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Indian firm sets up titanium, superalloy plants to meet global need. Safran, Dassault, BAE line up

PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.