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Saturday, January 10, 2026
TopicFraud

Topic: fraud

ED raids multiple Jaypee Group premises in alleged Rs 12,000 crore fraud case

Targeted premises include offices and properties linked not only to Jaypee Associates but also to other major real estate players such as Gaursons, Gulshan, Mahagun & Suraksha Realty.

Indian cricketer Deepti Sharma accuses teammate Arushi Goel of Rs 25 lakh fraud, theft

An FIR has been lodged against Goel & her parents at Sadar Police Station in Agra based on complaint by Sharma's brother. The 2 cricketers have played together in the domestic circuit.

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.

On Camera

Toxic air is driving people out of India’s cities, threatening urban growth

As toxic air drives families out of metropolises, India faces health, economic and demographic shifts in its urban landscape.

Global economic growth to slow in 2026 as Trump’s tariffs bite, UN says

The global economy is forecast to expand 2.7% this year, down from an estimated 2.8% in 2025. Growth is expected to go back up to 2.9% by 2027.

2025: Pakistan’s deadliest year in over a decade

Islamabad-based think-tank PICSS's new report says Pakistan saw 'pronounced escalation' in violence last year, with 3,413 conflict-related deaths compared to 1,950 in previous year.

Thank you Trump, again. India now has reason to shed fear of free trade and spur reform

UK, EFTA already in the bag and EU on the way, almost every member of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.