Bank Fraud Case

Latest News for: Bank fraud case

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'Nirav Modi-PNB fraud a familiar rerun, not the last'

Sify 25 Jun 2019

"The case of (diamantaire) Nirav Modi and the Punjab National Bank has thrown up the issue of vulnerability of banks to frauds ... frauds will continue and this will not be the last case," Kumar writes in the exhaustive "DRI & The Dons - The Untold Stories (Konark/pp 448/Rs 525)....

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CBI investigates on what basis banks gave loans to struggling Sterling Group

DNA India 25 Jun 2019

The Central Bureau of Investigation (CBI) is investigating officials and examining documents of banks that have lent money to the Sterling Group, ... The Banking and Securities Fraud Cell of CBI has been examining documents and questioning officials of the lender banks for eight days....

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Bad loan recoveries at Rs 45,593 cr surpass write-offs in 2018-19: Sitharaman

The Times of India 24 Jun 2019

... figures on bank loans, Sitharaman said in a written reply in the Lok Sabha ... The minister said that the primary reasons for spurt in stressed assets in banks have been due to aggressive lending practices, wilful default/loan frauds/corruption in some cases and economic slowdown....

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Kochi: Cops checking accounts of accused

The Times of India 23 Jun 2019

The case pertains to the ... Police had said that the accused had confessed to them that they used to withdraw money from an ATM using a valid debit card, then slip back a currency note into the machine and then claim refund for the entire amount from the bank to execute the fraud....

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Is it safe to link Giant Eagle card to checking account for gas discounts? — Money Matters

Cleveland 23 Jun 2019

I received an email from Giant Eagle about a new program they’re offering that would allow customers to save 10 cents a gallon on gas in exchange for paying for it from their bank account ... By law, in the case of fraud or errors, consumers have 60 days from when they receive a bank statement to report the issue to the bank....

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People, cops helpless as cybercrime goes out of control

Deccan Herald 22 Jun 2019

... initiative titled Stop Banking Fraud ... The new agency, which is likely to be launched in a few months, will deal with cases relating to bank fraud, cheating as well as land grabbing. Cases of credit card fraud and hacking of personal bank accounts have been increasing in the state....

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SC 'serial fraudster' accused of cheating victims of hundreds of thousands of dollars

The Post and Courier 22 Jun 2019

Investigators uncovered the truck-leasing business while pursuing another federal case in which Banks is accused of health care fraud, money laundering, identity theft and obstructing an investigation, among other charges, according to a federal indictment....

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Mumbai crime: Bank officials foil ATM skimming gang's fraud bid

Mid Day 22 Jun 2019

They allegedly attempted the fraud at the ATM kiosk of Shamrao Vithal Co-operative Bank's Dongri branch on June 12, but it was foiled by attentive bank officials ... One more arrest in Cosmos Bank cyber fraud case ... ED raids multiple locations in fraud case that cost Pune bank loss of Rs 293 crore....

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Direct Mehul Choksi to mention exact date of his intended return to India: ED asks ...

DNA India 22 Jun 2019

Wanted in India in Punjab National Bank (PNB) fraud case along with diamantaire Nirav Modi, Mehul Choksi earlier on Monday said that he left the country not to flee but for medical treatment ... Enforcement Directorate Antigua Nirav Modi ED Mehul Choksi fugitive diamantaire PNB fraud case Punjab National Bank fraud case....

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Hannity and Manafort’s Gushing Text Messages Revealed: ‘We Are All on the Same Team’

Yahoo Daily News 22 Jun 2019

More ... Fox News host and presidential pal Sean Hannity. On Friday, a D.C ...  . The special counsel’s office charged Manafort with tax and bank fraud counts in Virginia and tried him in a separate case in Washington, D.C ... Trump to Hannity ... Manafort repeatedly declined, citing a court gag order restricting him from publicly discussing his case ... case ... ....

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CBI not to go easy on Sujana Chowdary

Deccan Chronicle 21 Jun 2019

As part of the investigation into the multi-crore bank fraud case, the CBI is said to be shortly sending another notice to Rajya Sabha member Y ... “As part of the investigation into the bank fraud case, it is essential that Chowdary be examined by the team from the Banking Security and Fraud Cell (BSFC) of the CBI....

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Tulsa businessman who prosecutors say 'swindled' millions going to federal prison in bank fraud case

Tulsa World 21 Jun 2019

In turning away a request for probation or home confinement, the judge noted Zealand Thigpen “seems to blame the bank” for making it easy for him to commit the offenses, which said said caused a “significant loss” to the bank ... ....

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Thief who put ‘skimmer’ on ATMs to steal bank customers’ info denied discount on his ...

Penn Live 21 Jun 2019

He originally faced 19 counts of bank fraud alone, court records show ... The bank fraud and identity theft were two different criminal acts, Bibas found, so the 10-month prison term Rambo imposed for the bank fraud and separate consecutive 2-year jail term for identity theft are justified....