Case Registered Following Court Orders; Police Department Faces Allegations of Apathy Udaipur, January 23 – A ₹5 crore fraud involving the Udaipur Urban Cooperative Bank’s Fatehpura branch has come to light, with allegations of deliberate deception by several individuals and entities. The case has been registered following a judicial order after alleged inaction by local … Read more
New Delhi : Registering one of its biggest bank fraud cases, the CBI has booked Kanpur-based Shri Lakshmi Cotsyn and its Chairman-cum-Managing Director Mata Prasad Agarwal and others for allegedly causing a loss of over Rs 6,833 crore to a consortium of 10 banks led by Central Bank of India, officials said on Saturday. Besides … Read more
Washington : Law enforcement agencies have arrested an Indian national in New Jersey on charges of fraudulently obtaining at least USD2.3 million from elderly victims by impersonating fraud prevention representatives from the US. Charged with conspiracy to commit wire fraud, Ashish Bajaj, 28, appeared Tuesday afternoon before US Magistrate Judge Joe L. Webster in federal … Read more
Delhi High Court has directed a Ghaziabad-based trader, who indulged in fraudulent manufacturing and selling of counterfeit Khadi Prakritik Paint, to stop all such activities immediately. The court noted that the defendant JBMR Enterprises, owned by one Umesh Pal, has indulged in “counterfeiting” by illegally using the “Khadi” brand name and copying the name and … Read more
DUBAI: A Dubai court sentenced three Indians – including two men and a woman – to 517 years each in jail for swindling thousands of people in a multi-million-dollar fraud case, the UAE media reported. Identified as Sydney Lemos, his wife Valany and Ryan D’Souza were convicted on Sunday by the Dubai Misdemeanours Court in … Read more
