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Personal Financial Tips News: Personal Finance Guides & Financial Advice, Money plays a very importa

7 smart tips to protect you from drowning in financial mess

Business | Sep 13, 2019, 06:45 PM IST

Money plays a very important role in our day to day life. But, today the prime fear with every common man is how to save money and fix personal finance mistakes. Some people earn well but don’t know how to save, how much to save and where to save? They all lack in one thing and that is a good future-plan to secure their finances. We all need a strong foundation for our strong financial future, and for that, we need to know the dealings to fix our finances and avoid mistakes. So, we are to guide you for a better future. Just follow the low-down to know how you can avoid and fix your finance mistakes:

Ex-Maharashtra ministers Jain, Deokar convicted in housing scam

India | Aug 31, 2019, 03:51 PM IST

Special Judge Srushti Neelkanth directed police that all the 48 accused, who are currently out on bail and present in the court, be taken into custody immediately. The court will pronounce their sentence later in the day.

Bank manager arrested for fraudulently withdrawing money

Aug 30, 2019, 08:23 PM IST

Arunachal Pradesh Police has arrested a bank manager in Arunachal Pradesh's West Siang district for fraudulently withdrawing money from the saving accounts of customers, a police officer said on Friday.

Punjab: Two travel agents booked for duping woman of Rs 19.5 lakh

India | Aug 30, 2019, 07:55 PM IST

Police in Punjab's Phagwara city on Friday booked two women travel agents for allegedly duping another woman of Rs 19.5 lakh on the pretext of sending her son abroad, officials said. The accused have been identified as Pooja Joshi and Poonam, residents of Mansa Devi Nagar and Talwara, respectively.

Indian origin man found guilty of running fraud multimillion-dollar kickback scheme

India | Jul 30, 2019, 09:56 AM IST

New Jersey-based Shivanand Maharaj was convicted on charges of wire fraud and giving kickbacks to influence the operation of an employee benefit plan, which carry a sentence of at least 25 years' imprisonment He will be sentenced in December, said United States Attorney for the Southern District of New York Geoffrey Berman.

Two persons have been booked by Thane police in Maharashtra for allegedly misusing the national embl

Maharashtra: Two booked for misusing national emblem

Jul 23, 2019, 01:10 PM IST

One of the accused, Lalman Pandey, allegedly posed as an official of the National Human Rights Commission (NHRC) by using the national emblem on his letterheads and visiting cards, a police spokesperson said.

Nine Indian men stranded in UAE after accepting fake job offers

World | Jul 21, 2019, 11:13 AM IST

The men from Kerala, who are currently stranded in Al Ain and Ajman, claim they met the agent named Shafeeq on WhatsApp and paid up to Rs 70,000 for visit visas to the UAE, Khaleej Times reported.

Allahabad bank reports Rs 688.27 crore fraud

Business | Jul 18, 2019, 09:06 AM IST

Allahabad Bank on Wednesday reported a fraud of Rs 688.27 crore by a Ludhiana-based textile company.

21-yr-old man arrested for trying to siphon off money from various ministries

Jul 10, 2019, 06:51 AM IST

The accused was arrested earlier by Delhi Police in a similar offence, in which over Rs 3.8 crore was fraudulently withdrawn from the accounts of the Health Ministry, Anyesh Roy, DCP (Cyber crime), said. He was released on bail a few weeks back and he hatched another conspiracy.

Delhi: Man arrested for duping people through online shopping

Jul 07, 2019, 09:11 AM IST

Police said that the accused along with his associates used to hire and train undergraduate boys and girls for making outbound calls to their targets and luring them for shopping from their website.

PNB reports over Rs 3,800 cr fraud by Bhushan Power & Steel Ltd

Business | Jul 06, 2019, 07:45 PM IST

Public sector lender Punjab National Bank said Saturday it has detected a fraud of more than Rs 3,800 crore by Bhushan Power & Steel Ltd (BPSL) and has reported it to the Reserve Bank of India (RBI).

Private bank manager held in shell company scam

Business | Jul 03, 2019, 06:29 AM IST

During investigation, Sandeep Singh Dua said that he was a active member of a gang of cheats and businessmen who used dummy accounts of shell companies for transactions to avoid income tax.

Bank loan fraud: ED attaches Rs 110-cr assets of Simbhaoli Sugar company

India | Jul 02, 2019, 04:18 PM IST

The Enforcement Directorate said a provisional order was issued under the Prevention of Money Laundering Act (PMLA), for attachment of properties like land, buildings, plant and machinery of the distillery unit of the company located in Simbhaoli, Hapur in Uttar Pradesh. The attached assets worth about Rs 110 crore of Simbhaoli Sugars Limited, one of India's largest sugar mills, in connection with a money laundering probe against the firm related to an alleged bank loan fraud.

Munna Bhai returns? This 'doctor' found medical degree in train 5 years back, and made it his own

India | Jun 26, 2019, 09:54 PM IST

Rajasthan police have recently arrested one Man Singh Baghel, a graduate who was working as a practicing doctor in Sikar district by faking an MBBS degree which he accidentally found while travelling in a train five years back.

Fraudulent trade: Sebi imposes Rs 10 lakh fine on four individuals

Business | Jun 24, 2019, 10:56 PM IST

Markets regulator Sebi Monday imposed a total fine of Rs 10 lakh on four individuals for manipulating the share price of Shree Shaleen Textiles Ltd.

Foreigner arrested for using cloned debit card

Jun 18, 2019, 09:59 AM IST

According to a senior police officer, they received a complaint on Friday wherein it was alleged that two foreigners came to Patanjali Mega Store in Taimur Nagar here and asked for 450 kg ghee worth Rs 2.25 lakh.

RBI says banks were cheated of Rs 71,500 crore in 2018-19

RBI says banks were cheated of Rs 785000000000 in 2018-19

Business | Jun 03, 2019, 02:31 PM IST

As many as 6,801 cases of fraud were reported by scheduled commercial banks and select financial institutions involving an amount of Rs 71,542.93 crore in the last fiscal (increase of over 73 per cent in the fraud amount), the Reserve Bank of India (RBI) said in reply to an RTI query filed by this PTI journalist.

No merit in postal ballots fraud allegation: Police to Kerala HC

India | May 20, 2019, 07:04 PM IST

Congress leader Chennithala has alleged that a serious postal-vote fraud has been committed at the behest of top-level government functionaries and has demanded a probe by an independent panel appointed by the Election Commission (EC).

Indian-origin doctor gets 9 years jail for health care fraud in United States

World | May 11, 2019, 11:40 AM IST

He admitted that for several years he operated a high-volume “pain management” practice in Las Cruces, and frequently performed only “cursory” examinations of his patients before prescribing narcotics to them without documenting any therapeutic benefit for those drugs in his records.

GST officials detect tax fraud of Rs 224 cr by 8 companies

Business | Mar 13, 2019, 12:59 PM IST

Officials of the Central GST have unearthed an alleged tax fraud of Rs 224 crore by a group of eight companies, which generated fake invoices worth Rs 1,289 crore.