Latest News for: Bank fraud case

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SBI Customers: Know How to Protect your Accounts from KYC Frauds

Yahoo Daily News 20 Jun 2021
The State Bank of India (SBI) has alerted its customers of the KYC (Know Your Customer) fraud saying that it is very much real and prevalent ... The bank urged its customers to report any such case to the National Cyber Crime Reporting Portal, under the Ministry of Home Affairs ... Investing In 1-2 Years’ FD? 10 Banks Offering The Highest Interest Rates.
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No switchover to BJP: Khammam MP Nama Nageshwara Rao

Deccan Chronicle 20 Jun 2021
Khammam MP Nama Nageshwara Rao, the TRS floor leader in the Lok Sabha, on Saturday rubbished reports of him quitting the party to join the BJP to protect his business interests in the wake of recent raids by the Enforcement Directorate (ED) on Madhucon Group of Companies owned by his family members in Rs 1,064 crore bank loan fraud case.
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Karnataka Bank reports frauds of ₹160.35 cr in 2 cases

Business Line 19 Jun 2021
Karnataka Bank Ltd has informed the BSE that it has reported to the Reserve Bank of India frauds in the credit facilities extended to two listed companies ... There were 22 lenders under multiple banking arrangement in this case ... In the case of ...
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Nama denies wrongdoing, says will cooperate with ED

The Hindu 19 Jun 2021
TRS floor leader in the Lok Sabha Nama Nageswara Rao, who is summoned by the Enforcement Directorate in a case related to bank fraud of ₹1,046 crore, ....
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PNB fraud case: New warrant issued against Mehul Choksi

Indian Express 19 Jun 2021
Observing that there is prima facie material to show that absconding diamond trader Mehul Choksi and others in the Punjab National Bank (PNB) alleged fraud case had caused offences, including destruction of evidence, a special court recently issued another non-bailable warrant against him ... Mehul Choksi PNB Fraud Case.
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Digest for domestic stories for week Jun 12 - Jun 18, 2021

Yahoo Daily News 19 Jun 2021
Absconding businessman Mehul Choksi was running a 'circular trade' with companies propped up by him as pearl suppliers in Hong Kong, through which he had managed to siphon off over Rs 6,345 crore borrowed from Punjab National Bank, the CBI has alleged in its supplementary charge sheet in the loan fraud case.
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Mehul Choksi extradition: India engaged with Dominica to expedite process

Live Mint 18 Jun 2021
The Central Bureau of Investigation, which is probing the PNB bank fraud case against Choksi, recently filed an affidavit in Dominica High Court opposing Choksi's bail petition ... Premium HDFC Bank to refund GPS device charges to customers ... The businessman is wanted in India for ₹13,500 crore bank fraud in Punjab National Bank.
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Mehul Choksi remanded to state prison in Dominica, but to remain in hospital, says lawyer

Live Mint 18 Jun 2021
The change in custody is being seen as a ray of hope for India which has approached the Dominica High Court seeking to be impleaded as a party in the case filed by lawyers of Choksi whose bail plea was earlier rejected. Choksi is wanted in India in a case of loan fraud worth about ₹13,500 crore in the state-run Punjab National Bank.
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Mehul Choksi remanded to State prison in Dominica, but to remain in hospital: His lawyer

Business Line 18 Jun 2021
Choksi is wanted in India in a case of loan fraud worth about ₹13,500 crore in the State-run Punjab National Bank.Establishing criminal culpability ... The affidavits, if admitted by the high court, will pave the way for noted lawyer Harish Salve pleading India’s case in Dominica, they said.
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MHA Operationalises National Helpline Number, Reporting Platform to Prevent Cyber Fraud Cases

Yahoo Daily News 17 Jun 2021
Commander Achal Sharma, whose 78-year-old father was defrauded of Rs 6.5 lakh by a phone fraudster on June 8 told News18 that the banks should do more than just blocking the victims card and account after a fraud case is reported ... So far the cyber fraud helpline and its reporting platform has some major public and private sector banks onboard.
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SBI warns of KYC update fraud. 3 things you must do to keep your account safe

Live Mint 17 Jun 2021
The State Bank of India (SBI) has alerted its customers against the increasing cases of online fraud. Issuing an alert through a post on Twitter, the bank put out a warning alerting people where fraudsters dupe people in the name of Know Your Customer or KYC verification. "KYC fraud is real, and it has proliferated across the country.
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SBI warns of KYC fraud. 3 things you must do to keep your account safe

Marietta Daily Journal 17 Jun 2021
Jun. 17—The State Bank of India (SBI) has alerted its customers against the increasing cases of online fraud. Issuing an alert through a post on Twitter, the bank put out a warning alerting people where fraudsters dupe people in the ... .
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PNB fraud case: CBI files supplementary chargesheet against 22 accused

India TV 17 Jun 2021
... a supplementary chargesheet against 22 accused in connection with the Punjab National Bank fraud case.
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India working with Dominican authorities for early deportation of Mehul Choksi

Live Mint 17 Jun 2021
Choksi, wanted in India in connection with the Rs13,500 crore Punjab National Bank fraud and money laundering case, continues to be the custody of the Domincan authorities, Bagchi said adding that legal proceedings to get him to India were underway. MORE FROM THIS SECTIONSee All ... Premium Premium Maharashtra ... TRENDING STORIESSee All ... Premium Kerala ... .
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ED issues summons to Nama Nageswara Rao in bank fraud case

Deccan Chronicle 16 Jun 2021
... issued summons to Telangana Rashtra Samithi (TRS) MP Nama Nageswara Rao in connection with a Rs 1,064 crore bank fraud case.
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