Several global banks moved large sums of allegedly illicit funds over a period of nearly two decades, despite red flags about the origins of the money, BuzzFeed and
Punjab National Bank had the most number of fraud cases at 240. However, Bank of India took the biggest hit of Rs 5,124.87 crore. Public sector banks (PSBs)
In Kerala, firms that charge exorbitant rates from gullible but helpless borrowers are called ‘blade companies’ or ‘blade mafia’. It is fair to say Popular Finance, which duped
LUBBOCK, Texas (KCBD) – The Federal Bureau of Investigation is warning that fraudsters are leveraging increased fear and uncertainty during the COVID-19 pandemic to steal money and launder
Tamil Nadu police today arrested three people for running a duplicate branch of State Bank of India (SBI). Among the three people, one was the son of former bank employees.
The central probe agency has charged Shree Ganesh Jewellery House (I) Ltd and its promoters by an order issued by the adjudicating authority of the Foreign Exchange Management
Over the years, we have periodically reported of the occasional gold bar discovered as counterfeit in Manhattan’s Diamond District which instead of containing the yellow precious metal would be filled with
Auditors say the 1.9 billion euros that were supposedly sitting in trust accounts in the Philippines likely do not exist. In what could be one of the biggest
A 45-year-old woman from China reportedly cheated insurance companies of Rs 3.2 crore between 2015 and 2019. She did so by buying insurance on flights that she predicts
Central Crime Branch (CCB) detected a cheating case by the Ola drivers who cheated the startup of lakhs of rupees The drivers downloaded Mock Locations (fake GPS path)
