ED Arrests Former Resolution Professional in Rs 236 Cr Richa Industries Bank Fraud
ED arrests former RP Arvind Kumar in the Richa Industries case involving ₹236 crore bank fraud, insolvency misuse, and money laundering under PMLA.
Tag: Frauds
Seven Arrested in Kanpur for Rs 7 Crore GST Fraud Using Fake Invoices
Kanpur police arrested seven people, including a chartered accountant, for a Rs 7 crore GST fraud involving fake firms, invoices, and illegal ITC claims.
SC Seeks Haryana Govt Reply on Mahira Buildwell Gurugram EWS Fraud Case
Supreme Court seeks replies from Haryana govt, Mahira Buildwell, RERA and banks over alleged affordable housing fraud in Gurgaon.
SC Seeks Centre, RBI, CBI Reply on Rs 23 Cr ‘Digital Arrest’ Cyber Fraud Case
The Supreme Court issues notice to the Centre, CBI and RBI on a plea by a retired banker allegedly duped of ₹23 crore after being put under ‘digital arrest’ …
SC Seeks Sealed CBI, ED Reports on Alleged ADAG Banking Fraud
The Supreme Court directs CBI and ED to file sealed status reports on alleged banking fraud involving Anil Ambani’s ADAG and issues fresh notices in a PIL seeking court-monitored …
SC Seeks Responses on Plea Alleging Multi Crore Corp Fraud, Judicial Collusion
The Supreme Court issues notices to Centre, Telangana, CBI, ED and SFIO on a plea alleging a multi-crore corporate fraud and judicial interference during insolvency proceedings.
Delhi Police Probe Rs 374 Cr GST Fraud using Stolen Identities/Documents
Delhi Police’s EOW is investigating a ₹374 crore GST fraud involving identity theft, fake companies, and paper transactions using misused PAN and Aadhaar details.
ED Attaches Rs 4.65 Cr Properties in Shree Om Fab Bank Fraud Case
ED attaches properties worth ₹4.65 crore in the Shree Om Fab bank fraud case linked to loan diversion and money laundering.
DGGI Arrests Hyderabad Telecom Firm Partner for Rs 5.83 Cr GST Fraud
The DGGI Visakhapatnam unit arrested DN Srinivasa Reddy, a Hyderabad-based telecom firm partner, for ₹5.83 crore GST fraud involving bogus invoices and dummy firms.
ED Ahmedabad Seizes Rs 4 Cr Assets in Major Stock Market Fraud Case
ED Ahmedabad recovered gold, silver, cash, property worth ₹4 crore in a stock market investment scam involving Himanshu Bhavsar and others thru unregistered advisory firms. Fraud totaling ₹10.87 crore.