Tag: bank fraud
Who Facilitated Mehul Choksi's Escape, Congress Asks PM
The Congress on Monday questioned Prime Minister Narendra Modi on as to who facilitated the escape aboard of Punjab National Bank fraud accused Mehul Choksi, who was purportedly declared a proclaimed offender by a Chandigarh court.....
PNB Fraud: Assets Of Rs 43 Cr Of Nirav Seized
The ED on Friday said it had frozen diamantaire Nirav Modi's bank account and shares worth Rs 43 crore even as the CBI raided his Mumbai-based Kamala Mills firm and seized documents regarding the Rs 11,300 crore Punjab National Bank fraud probe.....
CBI Arrests Auditor Of PNB In Bank Fraud Case
The Central Bureau of Investigation (CBI) has arrested an internal chief auditor of Punjab National Bank (PNB) in its ongoing probe into Rs 12,600 crore bank fraud case.....
Another Bank Fraud Of Rs 824 Crore Involving Chennai Jeweller
In yet another fraud played on banks, a Chennai-based jeweller Kanishk Gold Pvt Ltd (KGPL) has been accused of defrauding a consortium of 14 banks led by the State Bank of India (SBI) to the tune of Rs 824.15 crore in the form of loans that have now been declared as non-performing asset (NPA).....
CBI Books Hyderabad Firm For Cheating Banks Of Rs 1,700 Crore
The CBI on Thursday said it has a registered a case against a Hyderabad-based telecom equipment manufacturing company VMC Systems and its directors over an alleged bank fraud case to the tune of Rs 1,700, on the complaint of Punjab National Bank (PNB).....
ED Arrests Ratul Puri In Bank Fraud Case
The Enforcement Directorate on Tuesday arrested Madhya Pradesh Chief Minister Kamal Nath's nephew Ratul Puri, the former Executive Director of Moser Baer, in connection with a Rs 354-crore bank fraud case filed by the Central Bank of India, an agency official said.....
ED Chargesheet In Yes Bank Case Delayed, Wadhawans Get Bail
In an embarrassment for the Enforcement Directorate (ED), the Bombay High Court on Thursday granted bail to DHFL promoters Kapil Wadhawan and Dheeraj Wadhawan in the Yes Bank fraud case after the probe agency failed to file its chargesheet within the mandatory 60-day period. ....
CBI Raids Several Locations In 2 Separate Bank Fraud Cases Worth Rs 8,200 Cr
The Central Bureau of Investigation (CBI) has filed cases against a Hyderabad-based company, Transstroy (India) Ltd, for allegedly cheating a consortium of banks of Rs 7,926 crore, and against a Chennai based company for cheating the bank to the tune of Rs 313.79 crore, officials said on Friday. ....
CBI Searches 6 Locations In Mumbai In Rs 134 Crore Bank Fraud Case
The Central Bureau of Investigation (CBI) on Friday carried out searches at six locations in Mumbai after registering a case of bank fraud worth Rs 134 crore against Gujarat-based Associate High Pressure Technologies Pvt Ltd and its directors. ....
ED Attaches Properties Of Dino Morea, Ahmed Patel's Son-in-law In Bank Fraud Case
In a big setback to late Congress leader Ahmed Patel's son-in-law Irfan Ahmed Siddiqui and Bollywood actor Dino Morea, the Enforcement Directorate (ED) said on Friday that it has attached their properties in connection with the Sandesara Group bank fraud case.....
