A Bengaluru software engineer was defrauded of Rs 48 lakh by a quack doctor operating from a tent. This case exposes how sex health fraudsters have moved from main roads to city backstreets. Read more.
A major fraud of Rs 2.03 crore siphoned from Gujarat Tourism's bank account via forged documents. Union Bank manager suspended. Details of the investigation inside.
Actor Gajendra Chauhan, famed for playing Yudhishthira, was targeted in a cyber fraud. Mumbai Police's swift action recovered Rs 98,000. Read the full story.
Two Gurgaon travel company employees arrested for diverting Rs 10 lakh to fake accounts. Police investigation ongoing to recover funds. Read the full details.
A bank account in Ahmedabad's Ramol saw Rs 148.3 crore transactions in over a month, linked to 117 cyber fraud complaints nationwide. Police probe reveals modus operandi.
An 82-year-old woman in Mumbai was swindled of Rs 5 lakh by cyber criminals posing as ED officials who threatened her with arrest over a WhatsApp video call. Read the full details of the sophisticated scam.
Noida cybercrime unit arrests a key suspect linked to Chinese fraud networks in a massive stock market investment scam. Learn how the multi-state operation was busted and how to protect yourself.
Mohan Lakhamraju repurchases Great Learning's India business from Byju's at a steep discount amid the edtech giant's insolvency woes. Details on the deal and future plans revealed.
A parliamentary committee recommends a strict 3-month deadline for NCLAT to dispose of IBC appeals, addressing massive delays. The move aims to streamline India's corporate insolvency process. Read the full report.
A Lok Sabha panel mandates NCLAT to resolve bankruptcy appeals within 3 months to speed up corporate rescue. It also bars resolution pros from becoming liquidators to curb perverse incentives. #IBC #BankruptcyReform
A Lok Sabha committee will table its report on the IBC Amendment Bill 2025 on Wednesday, bringing a major insolvency law overhaul closer. The reforms aim to cut delays and boost investor appeal.
Thiruvananthapuram cybercrime police arrest a 25-year-old from Ahmedabad for defrauding a doctor of Rs 1.11 crore via fake online trading promises. Read the full investigation details.
Bollywood director Vikram Bhatt arrested for allegedly cheating a Rajasthan doctor of Rs 30 crore in a fake IVF investment scheme. Details on the fraud case and police action.
Filmmaker Vikram Bhatt arrested in a ₹30 crore investment fraud case. Joint police operation in Mumbai leads to detention. Details on the biopic project and allegations inside.
Uttar Pradesh STF uncovers a major interstate loan fraud syndicate using forged documents & shell companies, arresting 8 including the mastermind. Details inside.
Dubai-based investors allege a massive fraud by Blue Chip Company in Kanpur, losing crores. Police arrest accused Ravindranath Soni and plan a Red Corner Notice. Read the full investigation details.
US Senator John Kennedy condemns the massive $1 billion 'Feeding Our Future' pandemic aid fraud scheme, one of the largest welfare fraud cases in US history. Read the shocking details.
A Canara Bank manager in Mangaluru files a police complaint, alleging a Rs 104.7 crore loss due to fraudulent loan sanctions by 15 individuals. Read the full investigation details.
Byju Raveendran's Singapore entity Beeaar Investco's role in Aakash's rights issue faces legal scrutiny amid QIA's $235M arbitration award. Experts warn of enforcement risk despite separate legal status. Read the full analysis.
Mohammed Asif, owner of American Labworks, sentenced for fraudulent COVID-19 test billing scheme. He must repay $1.17 million and faces deportation. Read the full details.
Jalandhar police register four separate fraud cases totaling Rs 55 lakh. Victims deceived by fake promises of jobs, loans, and online schemes. Authorities urge public vigilance.
Kochi police uncover major visa fraud ring shifting from healthcare to blue-collar job scams for Europe & Gulf. Over 25 agents arrested, victims lose Rs 5+ crore. Experts warn of new tactics targeting desperate youth.
Kerala High Court directs Byju's RP, GLAS representative & EY India Chairman to appear personally in contempt case over alleged asset transfer. Key hearing set for July 17.
Aakash Educational Services halts ₹25 crore from Byju's parent in its crucial ₹250-crore rights issue over FEMA, ECB violations. The dispute threatens the fundraise amid leadership churn and insolvency battles. Read the full analysis.
Government to introduce corporate IBC amendments first, delaying structural reforms for homebuyers and stuck projects. Key changes for real estate require further consultation. #IBC #RealEstate
A 75-year-old Mumbai man was cheated of Rs 6 crore in a sophisticated WhatsApp share market scam. Learn how fraudsters operate and how to protect yourself from such investment frauds.
A 30-year-old IT professional from Ahmedabad was cheated of Rs 34.2 lakh by fraudsters posing as UK job consultants. Learn how to protect yourself from such cyber fraud schemes.
Enforcement Directorate exposes manipulation of insolvency process, arrests Lalu Prasad Yadav's aide Amit Katyal. Crucial evidence of bid rigging and ₹50 lakh cash seized in nationwide probe.
A Gondal beautician alleges an Odisha cosmetics company defrauded her and two friends of Rs 10.73 lakh in distributor scheme. Police investigation underway.
At 94, Jaiprakash Gaur watches his life's work collapse as NCLT admits Jaiprakash Associates into insolvency. Read about his rags-to-riches story and ultimate downfall.