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Friday, November 7, 2025
TopicFraud

Topic: fraud

CISF suspends 5 personnel who carried out fake I-T raid at woman’s home & took away cash, jewellery

According to police, the woman and her stepmother were embroiled in a property dispute, and the latter sought help from a relative, who brought a CISF inspector on board with the plan.

UP govt scraps MoU with VueNow, blacklists it after founder’s arrest by ED in Rs 3,500 crore ‘scam’

MoU was related to setting up data centres at Rs 13,500 crore investment. At UP Global Investors Summit 2023, VueNow founder was seen speaking in presence of senior govt officials.

What’s the fraud case against SEBI ex-chief & how ‘big break’ caught by RTI activist turned sour

Bombay HC has stayed a special court order, seeking an FIR against Madhabi Puri Buch on a complaint by Sapan Shrivastava while calling the activist 'a habitual complainant'.

CBI’s Rs 2,434 cr fraud case against Anand Jain’s Jai Corp: Public money, tax havens, ‘forged invoices’

The agency alleges Jain engaged in fraudulent trading, deceived investors through a real estate business and diverted bank loans to offshore entities.

Inside VueNow, now under ED lens: Lavish offices, MoU with UP govt & Rs 3,500 crore ‘ponzi scheme’

CEO Sukhvinder Kharour & wife Dimple were arrested by ED at Delhi airport last week. In 2023, UP govt had lauded Kharour for ‘reposing faith in state policies' at investors’ summit.

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.

On Camera

SIR drive isn’t NRC-CAA—it can exclude millions of genuine voters, not just Muslims

India is a country where access to documents and digital systems is still uneven. Election Commission's SIR must not turn into a hostile exercise.

Asia’s ‘weakest’ link: Yunus on a tightrope as Bangladesh tries to fix banks without breaking economy

With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.