Category : Search result: 500 million fraud probe


Mangaluru Senior Loses ₹1.39 Cr in Investment Fraud

A 67-year-old retired professional in Mangaluru loses life savings to elaborate investment fraud. Cybercrime police uncover multi-layered scam operation targeting senior citizens with fake stock market promises.

Ludhiana: Two booked in ₹1 crore fraud case

Ludhiana police register case against two individuals for allegedly cheating local businessmen of ₹1 crore in sophisticated fraud operation. Full details of the elaborate scam revealed.

Ludhiana Bank Fraud: ₹9.5L Scam Exposed

In a major banking scandal, two officials from a Ludhiana bank have been charged with embezzling ₹9.5 lakh through fraudulent fixed deposit transactions. The FIR reveals how the duo manipulated records to siphon customer funds.

Indian entrepreneur gets $500M from BlackRock

Discover how Indian-origin entrepreneur Akshay Chhabra convinced the world's largest asset manager BlackRock to invest half a billion dollars in his fintech venture, revolutionizing financial access across emerging markets.

Indian Telecom Exec in $500M US Fraud Scandal

Shocking revelations emerge as Indian telecom entrepreneur Bankim Brahmbhatt faces allegations of orchestrating a massive $500 million financial fraud in the United States, damaging India's business reputation globally.

Indian CEO's $500M Scam Under BlackRock Scanner

Bankim Brahmbhatt, an Indian-origin CEO, faces serious allegations of orchestrating a massive $500 million investment scam that caught BlackRock's attention. Discover the shocking details of this international financial scandal.

Wall Street Dips on Fed Caution, Mixed Earnings

US stock markets faced downward pressure as Federal Reserve signals and corporate earnings created uncertainty. Discover which sectors struggled and why analysts remain cautious about near-term trends.

Lions Sign Hutchinson to $180M Contract Extension

Breaking: Detroit Lions secure defensive powerhouse Aidan Hutchinson with a groundbreaking 4-year, $180 million contract extension. Discover the staggering numbers and what this means for the Lions' future.

Digital Arrest Scam: Retired Banker Loses ₹50 Lakh

Shocking case of digital kidnapping where cybercriminals posing as police and CBI officials extorted massive amounts from senior citizens. Two arrested in connection with sophisticated online fraud.

Wall Street Records High as Fed Hints Rate Cuts

US stock markets hit unprecedented peaks as Federal Reserve meeting minutes reveal dovish stance. Discover how anticipated interest rate cuts are fueling the biggest Wall Street rally of 2024 and what it means for global investors.

Nvidia Hits $5T as Wall Street Surges Before Fed Decision

US stock markets witnessed a significant rally with the S&P 500 and Nasdaq reaching record highs. Nvidia achieved a monumental $5 trillion market cap while investors await the Federal Reserve's crucial interest rate decision.

Income Tax Inspector Loses ₹44L in Matrimonial Scam

A Navi Mumbai Income Tax Department official fell victim to sophisticated cyber criminals posing as prospective brides, losing massive savings in elaborate matrimonial fraud. Learn how the scam unfolded and crucial safety tips.

Small-Cap Stock Under ₹500 Defers Rights Issue

Discover why a promising small-cap stock under ₹500 has strategically deferred its rights issue funding plan. Get exclusive insights into market timing and corporate strategy.

Bengaluru businessman loses ₹1.32cr to PFI scam

Cyber criminals posing as police and enforcement officials trick a Bengaluru entrepreneur into paying massive sums by threatening fake PFI association charges in sophisticated phone scam.

Microsoft & OpenAI Seal $500B AI Deal

Microsoft and OpenAI announce groundbreaking new agreement valuing the AI pioneer at a staggering $500 billion, marking one of the largest tech deals in history and setting new benchmarks for artificial intelligence valuation.

Red Sox Eye $250M Deal for AL Rookie Star

Boston Red Sox are reportedly preparing a massive $250 million contract offer for American League Rookie of the Month to dramatically improve their championship odds in a bold offseason move.

FMCG Stock Soars 4% on Rights Issue Approval

In a volatile trading session, one FMCG stock under ₹500 surged 4% after the company approved a rights issue. Discover why analysts are bullish on this consumer goods player and what the rights issue means for investors.

13 convicted in ₹45 lakh bank fraud case by CBI court

A special CBI court in Chandigarh has convicted 13 individuals in a sophisticated ₹45 lakh bank fraud case involving forged documents and conspiracy. Discover the shocking details of how they manipulated the banking system.

SC Acts on Digital Arrests, Backs CBI Probe

India's Supreme Court takes decisive action against rising digital arrests menace, issuing notices to all states and UTs while favoring CBI investigation into sophisticated cybercrime networks.

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