Bank Fraud Case
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Two wanted fugitives Kamlesh Parekh and Aalok Kumar brought back to India from UAE in fraud case
India | May 02, 2026, 12:58 PM ISTThe extraditions were made possible through close coordination between Indian agencies and UAE authorities, along with support from INTERPOL.
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Anil Ambani grilled for nine hours by ED in RCOM fraud probe, called again on Friday
India | Feb 26, 2026, 11:49 PM ISTThe Enforcement Directorate questioned Anil Ambani for nine hours in its probe into an alleged RCOM-linked bank fraud exceeding Rs 40,000 crore. He will face another round of questioning on Friday in a separate Yes Bank case.
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Haryana IDFC Bank fraud: Entire Rs 556 crore recovered with interest, says CM Saini in Assembly
Haryana | Feb 24, 2026, 01:01 PM ISTIDFC First Bank had revealed a serious financial irregularity of Rs 590 crore connected to accounts linked with the Haryana government. The discovery has led the state government to suspend both IDFC First Bank and AU Small Finance Bank from handling its official business.
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Haryana Govt funds targeted in Rs 590 cr fraud at IDFC Bank; RBI says 'monitoring developments'
India | Feb 23, 2026, 02:34 PM ISTA forensic audit by KPMG has been commissioned and is expected to take 4–5 weeks to conclude. Vaidyanathan emphasised that the fraud was confined to a narrow scope and government deposits affected only a small fraction of the bank’s total deposit base.
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CBI nabs Rs 4.5 crore bank fraud accused from UAE, deports him to India
India | Aug 01, 2025, 02:23 PM ISTActing on a Red Corner Notice and with the help of INTERPOL and Abu Dhabi Police, CBI tracked him down in the UAE and ensured his deportation to India.
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New India Co-operative Bank fraud: Wanted accused Kapil Dedhia arrested, in custody till March 19
Business | Mar 15, 2025, 08:08 PM ISTKapil Dedhia also received money from Unnathan Arunachalam, another wanted accused in the case, and prime accused Hitesh Mehta, the bank’s former general manager and head of accounts.
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New India Cooperative Bank scam: Ex-directors claim unaware of Rs 122 cr fund embezzlement
Business | Mar 03, 2025, 10:03 PM ISTThese directors have claimed they had no role in the alleged fraud which came to light last month, they said. The Mumbai Police's Economic Offences Wing (EOW), probing the alleged illegal withdrawal of Rs 122 crore from the bank's treasury.
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New India Cooperative Bank: Fourth accused arrested in Rs 122 crore embezzlement case
Business | Feb 28, 2025, 10:14 AM ISTNew India Cooperative Bank case: Manohar’s father Unnanathan Arunachalam is accused of accepting Rs 40 crore from the prime accused and former general manager of the bank Hitesh Mehta.
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New India Cooperative Bank case: Case filed against general manager, will depositors get back money?
Business | Feb 15, 2025, 03:47 PM ISTNew India Cooperative Bank case: Based on the complaint, a case under the Bharatiya Nyaya Sanhita (BNS) sections 316 (5) (criminal breach of trust by public servants, bankers, and others in positions of trust), 61(2) (criminal conspiracy) was registered against Mehta and others.
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Bank loan fraud case: ED attaches fresh assets of fugitive businessman Nirav Modi worth Rs 29.75 cr
India | Sep 11, 2024, 07:36 PM ISTED had issued a provisional order under the Prevention of Money Laundering Act (PMLA) to attach these assets - bank deposits, land, and buildings that belong to fugitive diamond trader Nirav Modi.
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Hyderabad: 'Dead' man, on the run for 20 years in SBI fraud case, arrested by CBI
Crime | Aug 06, 2024, 11:20 AM ISTThe accused frequently changed his identity, locations and contact numbers in the last 20 years to avoid arrest. He was also planning to escape to Sri Lanka by sea route.
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Bank fraud case: ED raids several locations in Delhi-NCR, Maharashtra against Amtek group
India | Jun 20, 2024, 03:45 PM ISTThe raids were conducted across Delhi, Gurugram, Noida, Mumbai and Nagpur under the Prevention of Money Laundering Act (PMLA) on Amtek Group led by Arvind Dham, Gautam Malhotra and others.
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Gurugram: Deputy Bank manager arrested for opening fake accounts for fraudsters to meet his targets
India | May 21, 2024, 07:54 PM ISTDuring police interrogation of the accused, it was revealed that the deputy bank manager had opened a fake bank account to achieve his target and made it available to fraudsters, the probe official said.
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Bank loan fraud case: ED attaches assets worth Rs 538 cr of Jet Airways founder Naresh Goyal, others
India | Nov 01, 2023, 05:35 PM ISTCiting an audit report, the ED has claimed that the loans availed by Jet Airways (India) Limited (JIL) were used for purchasing immovable assets such as furniture, apparel and jewellery.
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CBI registers Rs 30-cr bank fraud case against Delhi-based firm
India | Jul 06, 2023, 09:44 AM ISTThe private company which deals in Defence production allegedly duped a bank of Rs 30 crores.
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ED files chargesheet against Jammu group, promoters in bank loan fraud
India | Nov 14, 2022, 07:13 PM ISTBank loan fraud case: The ED said the loans were "not used" for the intended purposes and were defaulted, the agency said.
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CBI arrests Ludhiana-based SEL Textiles director Neeraj Saluja in Rs 1,530 crore bank fraud case
India | Oct 28, 2022, 09:04 PM ISTBank fraud case: It has been alleged that the accused, which also includes a private corporation and its directors, defrauded a group of 10 banks, led by the Central Bank of India, resulting in fraud of around Rs 1530.99 crores.
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Yes Bank-DHFL case: ED attaches Rs 415 cr worth assets of builders Avinash Bhosale, Sanjay Chhabria
India | Aug 03, 2022, 12:45 PM ISTThe Enforcement Directorate (ED) had issued a provisional attachment order under the Prevention of Money Laundering Act (PMLA) on Tuesday to attach the assets of Bhosale, worth Rs 164 crore, while Chhabria's assets are worth Rs 251 crore.
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BJP's Varun Gandhi takes dig at Centre over biggest bank fraud case
India | Feb 18, 2022, 05:23 PM ISTVarun Gandhi was reffering to a bank fraud case in which CBI has booked ABG Shipyard Ltd and its former chairman and managing director for allegedly cheating a consortium of banks led by State Bank of India of over Rs 22,842 crore.
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Congress questions Modi govt over ABG Shipyard bank-fraud case
India | Feb 13, 2022, 05:19 PM ISTIn its complaint, the SBI said ABG Shipyard Limited (ABGSL) is the flagship company of the ABG Group, which is engaged in the business of ship building and ship repair.