ED files case against Era Infra CMD in a Rs-251 crore fund diversion case
Promoters of another company undergoing corporate insolvency resolution process have been found to be involved in diversion of bank loan....
Fraud
Standard Chartered Bank executive held for taking bribe from borrower
A Standard Chartered Bank official was arrested by the Central Bureau of Investigation (CBI) while taking a bribe of Rs...
ED attaches Rs 34-cr property of Mumbai-based builder in HDIL bank fraud case
Directorate of Enforcement (ED) has issued a provisional order for attachment of assets worth Rs 34.36 crore of Viva Holding...
When a Sydney-based liquidator diverged insolvent Co. funds to personal accounts
A former registered liquidator from Lewisham, New South Wales, Amanda Young, has pleaded guilty to one count of fraud relating...
Virar MLA-owned real estate firm under ED net in HDIL bank fraud case
In the Housing Development Infrastructures Ltd (HDIL) bank fraud case, the Enforcement Directorate (ED) today conducted searches in five premises...
CBI files Rs 4,700 crore bank fraud case against under-liquidation infra firm Coastal Projects
Promoters of another company, which had undergone corporate insolvency resolution process, have been found committing bank frauds. The Central Bureau...
Sister, brother-in-law turn approver in Nirav Modi bank fraud case; reveals Rs 580 cr more assets of the fugitive
Nirav Modi’s sister Purvi Modi and her husband Maiank Mehta have filed application before Special PMLA Court in Mumbai asking...
CBI files Rs 3,269-crore bank fraud case against Shakti Bhog Foods
The Central Bureau of Investigation (CBI) has registered a case of bank fraud against New Delhi-based Shakti Bhog Foods on...
CBI files Rs 5,000 cr loan fraud case against IVRCL undergoing liquidation
Another company, undergoing insolvency proceeding, finds itself on the wrong side of the law. This time the Hyderabad-based infrastructure company...
Canara Bank clarifies exposure to Transstroy (India) only Rs 678 crore
Government-owned Canara Bank has clarified that it has a total exposure of Rs 678.28 crore in Transstroy (India) Ltd, which...