Fraud
- India
Hyderabad: Fraudsters held for cheating elderly of Rs 1.60 Cr
Hyderabad: A gang of fake insurance policy agents were busted by the Rachakonda cyber crime officials on Thursday. The fraudsters duped a 72-year-old man of Rs 1.60 crores under the pretext of…
- Hyderabad
Hyderabad: Three arrested for duping students of Rs 2 crore
Hyderabad: Three people were arrested for duping 32 Indian students studying at various universities in Canada and the USA to the tune of Rs 2 crore. According to police, the accused –…
- Business
Elon Musk cleared of fraud charges in ‘Tesla funding secured’ case
San Francisco: A court in the US has cleared Elon Musk in a class-action securities fraud over his tweets about taking Tesla private. The jurors deliberated for about two hours before reaching…
- Bangalore
Bengaluru: Techie held for trapping women by promising jobs
Bengaluru: Karnataka police have arrested a techie for allegedly trapping innocent young women by using an Instagram handle, here on Friday. The accused has been identified as Dilliep Prasad, a resident of…
- India
Fraud cannot be obfuscated by nationalism: Hindenburg on Adani ‘loot’
New Delhi: US short-seller Hindenburg Research has rejected Adani Group’s charge that its report was an attack on India, saying a “fraud” cannot be obfuscated by nationalism or a bloated response that…
- Business
US’s Hindenburg Research alleges fraud in Adani group’s dealings
Hindenburg Research, a well-known short seller in the United States, disclosed short positions in the Adani Group on Wednesday, accusing the conglomerate of the improperly wide use of businesses established in offshore…
- Delhi
Hunt on to trace man who posed as UAE govt official, fled 5-star hotel without paying Rs 23L bill
Delhi: Police are on the lookout for a man who stayed at a Delhi five-star hotel for four months by posing as a senior functionary of the UAE royal family and fled…
- Hyderabad
Hyderabad: Two Nigerians held for duping doctor of Rs 12L
Hyderabad: Two Nigerians who allegedly posed themselves as ‘love gurus’ online, were arrested by Rachakonda police on Wednesday for duping a Hyderabad doctor of Rs 12 lakh. According to the police, the…
- Telangana
Telangana: Gulf returnees urge action against job scammers
Hyderabad: Several gulf returnees, under the aegis of Migrants Rights and Welfare Forum, demanded action against agents for allegedly duping them on the pretext of getting them employed abroad. After being deported…
- Business
102 cases registered by CBI in 4 years against 135 companies for financial fraud
Delhi: The CBI has registered 102 cases in the last four years, between 2019 and 2022 (up to November 30, 2022), against 135 private companies and individuals for trapping people on the…
- India
MGNREGA fraud worth Rs 3 crore unearthed in Gujarat, 4 booked
Amreli: Four officers working for the MGNREGA department have been booked for siphoning Rs 3.30 crore from the government’s treasury in Gujarat’s Amreli district. From 2015-2019, the accused created duplicate job cards,…
- Hyderabad
Two held for commodity fraud in Hyderabad
Hyderabad: The city police’s detective department on Saturday arrested two persons for their alleged involvement in a commodity trading scam. The accused were identified as Tekula Mukthi Raj and Gattagalla Bhasker. The…
- World
Theranos founder Elizabeth Holmes sentenced to over 11 yrs in prison
San Francisco: Elizabeth Holmes, the founder of US-based blood-testing company Theranos, has been sentenced to 135 months, or over 11 years, in prison. She faced sentencing after being found guilty of defrauding…
- World
Indian national jailed in Singapore for bank fraud
Singapore: An Indian national has been jailed in Singapore for nine weeks after he committed fraud involving more than S$26,000 that was traced to three fraud victims in the US. Bhambri Kunal,…
- World
Indian national charged in $8 mn Covid relief fraud scheme in US
New York: An Indian national in the US faces a maximum penalty of 20 years in prison if convicted in an $8 million Covid-19 relief fraud scheme, according to court documents. Abhishek…
