Latest News, Updates & Breaking Headlines
Filmmaker Vikram Bhatt has been booked in an alleged Rs 30 crore fraud case in Udaipur, with an FIR also naming his wife Shwetambari Bhatt and six others. The complaint was filed by Dr Ajay Murdia, a prominent doctor and the founder of Indira IVF, at the Bhupalpura police station in Rajasthan.According to the FIR,…
PATNA: The Patna District Administration addressed concerns on Saturday regarding a viral social media video showing ink marks on both fingers of LJP(Ram Vilas) MP Shambhavi Chaudhary after voting. The administration clarified that polling staff initially applied ink incorrectly on her right hand, and following the Presiding Officer’s intervention, ink was also applied to her…
NEW DELHI: Observing that sale or purchase of immovable property is a distressing and traumatic task fraught with risk of fraud as it is still regulated by colonial laws, Supreme Court on Friday said the time has come to reform the procedure to make it simpler, transparent and fraud free by use of technology and…
Bollywood actress Shilpa Shetty and her businessman husband Raj Kundra are currently facing legal trouble over an alleged whopping Rs 60-crore fraud case. The couple, already facing legal heat, may find themselves under more scrutiny as new reports suggest that their employees are now being questioned in connection with the alleged fraud. Four company employees…
Keonjhar: A former employee of a private company in Keonjhar, who allegedly siphoned off Rs 15 lakh by forging financial records, bank transactions and digital data, was arrested on Sunday. The accused was identified as Saroj Panda, a native of Bhadrak district’s Hasinpur village.Managing director of the company, Rakesh Modi, had filed a complaint alleging…
Bankim Brahmbhatt (Industry Chronicle) American investment giant BlackRock has reportedly fallen victim to a multi-million-dollar fraud allegedly involving Bankim Brahmbhatt, the Indian-origin CEO of US-based telecom companies Broadband Telecom and Bridgevoice, The Wall Street Journal reported.Lenders, including HPS Investment Partners – the private credit arm of BlackRock – have accused Brahmbhatt’s firms of fabricating accounts…
BlackRock’s private-credit investing arm and other lenders accuse Indian-origin Bankim Brahmbhatt of multi-million dollar fraud. American investment company BlackRock reported to have fallen prey to a multi-million-dollar ‘breathtaking’ fraud allegedly orchestrated by Bankim Brahmbhatt, the Indian-origin CEO of a US-based telecom company, Broadband Telecom and Bridgevoice. The Wall Street Journal reported that lenders have accused…
Former Tamil Nadu BJP president K Annamalai, left, and CM M K Stalin NEW DELHI: Former Tamil Nadu BJP president K Annamalai on Wednesday levelled serious allegations against the DMK government, accusing it of orchestrating a Rs 888-crore cash-for-jobs scam in the Municipal Administration and Water Supply (MAWS) Department.Citing two news reports, Annamalai alleged that…
The second trial of cloud seeding was conducted in Delhi through Cessna Aircraft. NEW DELHI: A political row erupted in the capital on Tuesday BJP-led Delhi government was accused of “committing fraud in the name of rain” by AAP, along with other jabs from opposition, following its much-publicised cloud seeding experiment, which failed to produce…
HSBC Bank books $1.1 billion provision HSBC Bank on Monday disclosed a financial charge of $1.1 billion related to a claim by a European fund tied to the late Bernard Madoff’s investment fraud.The provision will be reflected in the lender’s third-quarter results due Tuesday, the London-headquartered bank said. Following the announcement, HSBC’s shares slipped about…
