Vijay Mallya has rejected the description of himself as a “fugitive”, arguing that he is not refusing to return to India voluntarily but is currently subject to legal restrictions in the United Kingdom that prevent him from leaving the country. Mallya made the claim while responding to criticism over his continued stay in Britain, where...
The Enforcement Directorate has intensified its investigation into an alleged multi-state chit fund and financial fraud case involving more than ₹2,000 crore, freezing 182 bank accounts and seizing over ₹1 crore in cash during searches at locations in Visakhapatnam and Hyderabad. The agency said the searches were carried out on August 5 by its Bhubaneswar...
India is moving towards a stronger legal and institutional response to the growing threat of digital arrest scams, a form of cyber fraud in which criminals impersonate police officers and officials of central investigative agencies to intimidate victims into transferring large sums of money. The issue has gained renewed national attention after the Supreme Court...
A major development has emerged in the alleged theft of donation funds at the revered Badrinath Dham temple in Uttarakhand, with police arresting a suspended employee of the Badrinath-Kedarnath Temple Committee (BKTC). Authorities say the arrest follows an extensive investigation into the disappearance of a substantial amount of money collected through temple donations, a case...
A Hyderabad-based couple who travelled to Switzerland for a vacation has gone missing, prompting a police investigation that has now expanded into an alleged multi-crore investment fraud. Authorities are examining claims that the couple collected nearly ₹50 crore from investors before leaving India, raising serious concerns about a possible financial scam. The couple, identified as...
The investigation into an alleged donation-related fraud connected to the Ayodhya Ram Temple has entered a critical phase, with authorities arresting multiple suspects, seizing substantial amounts of cash, and uncovering a wider network that may have exploited devotees in the name of religious contributions. Officials confirmed that eight individuals have been arrested in connection with...
Authorities have arrested all eight accused individuals allegedly involved in a major financial irregularity case linked to donations collected in the name of the Ram Temple. Investigators claim the accused orchestrated a scheme involving forged donation receipts and unauthorized collection of funds, raising concerns about the misuse of religious sentiments for financial gain. The arrests...
In a significant development in India’s ongoing efforts to recover funds linked to high-profile financial fraud cases, a court in the United Kingdom has ruled in favor of Bank of India, directing fugitive diamond trader Nirav Modi to repay a loan amount exceeding ₹100 crore. The judgment is being viewed as an important milestone in...
A major cyber fraud case involving the misuse of a prominent public figure’s identity has come to light after scammers allegedly used a fake WhatsApp profile impersonating a former Member of Parliament to deceive a businessman and siphon off ₹7.68 crore. The case highlights the increasing sophistication of cybercriminals who are exploiting trusted identities and...
The Enforcement Directorate (ED) has obtained custody of self-styled godman Ashok Kharat in connection with an alleged ₹70 crore money laundering case, intensifying a major financial crime investigation that has drawn attention across Maharashtra. A special court granted the central agency custody of Kharat until May 26, allowing investigators additional time to probe suspected illegal...