Financial Embezzlement
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Case Against New India Co-operative Bank Manager Over Rs 122 Crore Fraud
The Mumbai police have registered a case against the New India Cooperative Bank's General Manager for allegedly embezzling Rs 122 crore of funds.
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Radio Host Sues OpenAI after ChatGPT Generates Fake Complaint Against Him
A Georgia radio broadcaster has filed a defamation case against OpenAI, claiming that ChatGPT falsely filed a lawsuit accusing him of financial embezzlement.
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Assam Police Uncovers Scam In Minority Students' Scholarship, 26 Arrested
The Criminal Investigation Department (CID) of Assam Police has uncovered a scam in the pre-matriculate scholarship for students from minority communities. They have so far arrested 26 people from four districts for embezzling Rs 10 crore over the past two financial years.
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CBI Opposes P Chidambaram's Bail Plea In INX Media Corruption Case
The Central Bureau of Investigation on Friday opposed in the Delhi High Court the bail plea of Congress leader P Chidambaram in the INX Media corruption case, saying the magnitude of financial embezzlement and misuse of high public office does not entitle him for any relief.
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Carlos Ghosn Sues Nissan-Mitsubishi In The Netherlands
arlos Ghosn has launched a court case in the Netherlands against Japanese carmakers Nissan Motor and Mitsubishi Motors, who ousted him as chairman of their alliance last year on charges of embezzlement, Dutch newspaper NRC reported on Saturday. Ghosn is seeking 15 million euros ($16.8 million) in damages from the carmakers, as grave mistakes were m...
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CBI Begins Probe Against Anurag Kashyap For Financial Irregularities
The CBI has started a preliminary inquiry into the allegations of financial embezzlement and violation of norms at the National Film Development Corporation (NFDC), which includes charges that the corporation made excess and undue payments to filmmaker Anurag Kashyap and other film directors.
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On Bank Fraud, PM Modi Says Won't Tolerate Wrongdoing, Warns Of "Stern Action"
The government will not tolerate embezzlement of public funds and will continue to come down strongly on instances of financial irregularities, Prime Minister Narendra Modi said on Friday, his first comments on the Rs 11,400 crores Punjab National Bank fraud that erupted last week.
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South Korea's Lotte Family Owners Go On Trial For Graft
Four members of the family who control South Korea's troubled retail giant Lotte, including its 93-year-old founder, went on trial Monday for embezzlement, tax evasion and fraud.
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BCCI Suspends Top Goa Cricket Officials for Financial Bungling
BCCI has suspended two senior Goa Cricket Association officials Chetan Desai and Vinod Phadke for allegations of financial embezzlement
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Interpol Lists Ousted Ukraine President Yanukovich as Wanted Person
Interpol has put ousted Ukrainian President Viktor Yanukovich on the international wanted list on Ukrainian charges of embezzlement and financial wrong-doing, according to a notice on the international police organisation's website today.
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Government Probing Alleged Fraud in Two State-run Bank Branches
The alleged embezzlement comes weeks after the head of another state-run lender, Syndicate Bank Ltd, was detained over allegations he had sought bribes to favour debtors.
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Employees embezzled Rs 15.8 cr in FY12, says SKS Microfinance
SKS Microfinance, India's only listed microlender, has said that some employees have misappropriated Rs 15.8 crore in fiscal 2012.
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Indian financier jailed over Asian crisis-era fraud in Thailand
A Thai court jailed Rakesh Saxena for 10 years for embezzlement that sparked the Asian crisis.
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Indian jailed for financial fraud in Thailand
A Thai court jailed an Indian financier for ten years on Friday for massive embezzlement that helped bankrupt a Thai bank in the mid-1990s and spark a crisis in the financial sector that spread through Asia in 1997.
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Arafat's former aide faces embezzlement charges
The top Palestinian anti-corruption campaigner says he wants the shadowy financial adviser of the late Yasser Arafat to appear before a Palestinian court on embezzlement charges. Anti-Corruption Commission chief Rafik Natche told the Voice of Palestine radio today that Mohammed Rashid is suspected of transferring millions of dollars out of the Pale...
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Case Against New India Co-operative Bank Manager Over Rs 122 Crore Fraud
The Mumbai police have registered a case against the New India Cooperative Bank's General Manager for allegedly embezzling Rs 122 crore of funds.
-
Radio Host Sues OpenAI after ChatGPT Generates Fake Complaint Against Him
A Georgia radio broadcaster has filed a defamation case against OpenAI, claiming that ChatGPT falsely filed a lawsuit accusing him of financial embezzlement.
-
Assam Police Uncovers Scam In Minority Students' Scholarship, 26 Arrested
The Criminal Investigation Department (CID) of Assam Police has uncovered a scam in the pre-matriculate scholarship for students from minority communities. They have so far arrested 26 people from four districts for embezzling Rs 10 crore over the past two financial years.
-
CBI Opposes P Chidambaram's Bail Plea In INX Media Corruption Case
The Central Bureau of Investigation on Friday opposed in the Delhi High Court the bail plea of Congress leader P Chidambaram in the INX Media corruption case, saying the magnitude of financial embezzlement and misuse of high public office does not entitle him for any relief.
-
Carlos Ghosn Sues Nissan-Mitsubishi In The Netherlands
arlos Ghosn has launched a court case in the Netherlands against Japanese carmakers Nissan Motor and Mitsubishi Motors, who ousted him as chairman of their alliance last year on charges of embezzlement, Dutch newspaper NRC reported on Saturday. Ghosn is seeking 15 million euros ($16.8 million) in damages from the carmakers, as grave mistakes were m...
-
CBI Begins Probe Against Anurag Kashyap For Financial Irregularities
The CBI has started a preliminary inquiry into the allegations of financial embezzlement and violation of norms at the National Film Development Corporation (NFDC), which includes charges that the corporation made excess and undue payments to filmmaker Anurag Kashyap and other film directors.
-
On Bank Fraud, PM Modi Says Won't Tolerate Wrongdoing, Warns Of "Stern Action"
The government will not tolerate embezzlement of public funds and will continue to come down strongly on instances of financial irregularities, Prime Minister Narendra Modi said on Friday, his first comments on the Rs 11,400 crores Punjab National Bank fraud that erupted last week.
-
South Korea's Lotte Family Owners Go On Trial For Graft
Four members of the family who control South Korea's troubled retail giant Lotte, including its 93-year-old founder, went on trial Monday for embezzlement, tax evasion and fraud.
-
BCCI Suspends Top Goa Cricket Officials for Financial Bungling
BCCI has suspended two senior Goa Cricket Association officials Chetan Desai and Vinod Phadke for allegations of financial embezzlement
-
Interpol Lists Ousted Ukraine President Yanukovich as Wanted Person
Interpol has put ousted Ukrainian President Viktor Yanukovich on the international wanted list on Ukrainian charges of embezzlement and financial wrong-doing, according to a notice on the international police organisation's website today.
-
Government Probing Alleged Fraud in Two State-run Bank Branches
The alleged embezzlement comes weeks after the head of another state-run lender, Syndicate Bank Ltd, was detained over allegations he had sought bribes to favour debtors.
-
Employees embezzled Rs 15.8 cr in FY12, says SKS Microfinance
SKS Microfinance, India's only listed microlender, has said that some employees have misappropriated Rs 15.8 crore in fiscal 2012.
-
Indian financier jailed over Asian crisis-era fraud in Thailand
A Thai court jailed Rakesh Saxena for 10 years for embezzlement that sparked the Asian crisis.
-
Indian jailed for financial fraud in Thailand
A Thai court jailed an Indian financier for ten years on Friday for massive embezzlement that helped bankrupt a Thai bank in the mid-1990s and spark a crisis in the financial sector that spread through Asia in 1997.
-
Arafat's former aide faces embezzlement charges
The top Palestinian anti-corruption campaigner says he wants the shadowy financial adviser of the late Yasser Arafat to appear before a Palestinian court on embezzlement charges. Anti-Corruption Commission chief Rafik Natche told the Voice of Palestine radio today that Mohammed Rashid is suspected of transferring millions of dollars out of the Pale...
