The company alleged that the individuals willfully disobeyed court orders issued on November 21, 2024, in connection with a fraud case involving the unauthorised withdrawal of N95 million from its bank account.
From a high-profile arrest in a Rs 6,200 crore bank fraud case to critical trade negotiations with the US, India saw major developments over the weekend and into Monday.
The Enforcement Directorate (ED) on Monday said it has arrested former UCOBankCMD Subodh Kumar Goel on money laundering charges in an alleged bank loan fraud case of more than Rs 6,200 ...
Subodh Kumar Goel, former CMD of UCOBank, has been arrested in connection with a bank fraud case against Concast Steel & Power Ltd (CSPL) and others ... .
He urged the Bank of Ghana and the Ghana Association of Banks to implement a mandatory reimbursement policy for verified fraud cases, backed by an independent consumer protection office.
Quite recently, we have seen a surge in employee-related fraud cases across several banks ... By integrating human capital metrics into its regulatory framework, the CentralBank will not just record ...
The Enforcement Directorate (ED) has arrested former chairman and managing director of UCOBank, Subodh Kumar Goel, from his residence in Delhi in a money laundering probe related to a bank fraud case ...
Daibes will also be a 37-month sentence concurrently for unrelated bank fraud charges ... in a federal indictment that alleged he circumvented loans through a bank he founded and later led as chairman.
They also discovered that the laundering team actively recruited mainland Chinese individuals to open shell bank accounts and receive proceeds from fraud cases ... In 2024, fraud cases rose by over 12% since 2023, with over 10,000 people arrested.
ED attaches assets worth ₹81.88 Cr in ₹764 Cr bank fraud case ... ₹81.88 Cr in ₹764 Cr bank fraud ... News / Cities / Mumbai / ED attaches assets worth ₹81.88 Cr in ₹764 Cr bank fraud case.