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Friday, January 16, 2026

Tag: bank fraud

Rapido Denies Role in ₹331 Crore Money Laundering Case Involving Driver

ED investigates ₹331 crore deposits in Rapido driver's account linked to 1xbet betting case. Company denies involvement as probe reveals wedding funding.

Supreme Court Clears Sandesara Brothers in ₹5,100 Crore Bank Fraud Settlement

SC approves settlement dropping all criminal cases against fugitive businessmen in landmark bank fraud resolution. Payment deadline December 2025.

ED Attaches ₹1,452 Crore Anil Ambani Group Assets in Fraud Case

Enforcement Directorate seizes properties worth ₹1,452 crore from Anil Ambani group in money laundering probe involving ₹40,185 crore bank loans.

ED Seizes ₹1,400 Crore Ambani-Linked Properties, Total Attachments Near ₹9,000 Crore

Enforcement Directorate intensifies action against ADAG companies with fresh property seizures. Anil Ambani skips summons as FEMA probe reveals ₹40 crore diversion via shell companies.

Anil Ambani Offers Virtual ED Appearance in FEMA Case, Defends Highway Project

Anil Ambani offers virtual testimony in Rs 100 crore hawala probe, calls Jaipur-Reengus highway a domestic contract with no foreign exchange component.

ED Summons Anil Ambani Again in Rs 7,500 Crore Money Laundering Case

Anil Ambani faces fresh ED questioning on November 14 in bank fraud case as agency attaches Rs 7,500 crore assets and multiple banks declare Reliance companies as fraud.

ED Summons Anil Ambani in Rs 7,500 Crore Bank Fraud Case

Enforcement Directorate questions Anil Ambani on November 14 in major money laundering case involving SBI loan fraud and Rs 7,500 crore asset attachments.

ED Attaches Rs 7,500 Crore Anil Ambani Group Assets in Bank Fraud Case

Enforcement Directorate attaches Rs 7,500 crore assets including Navi Mumbai land in Anil Ambani group bank fraud investigation involving Rs 40,185 crore loans.

ED Attaches Reliance Infra Assets Under PMLA; Company Says No Impact

Enforcement Directorate attaches Reliance Infrastructure assets in PMLA case while company maintains business operations unaffected. Total group attachments now exceed ₹7,500 crore.

JPMorgan Fights $60M Legal Fees for Convicted Frank Founder

JPMorgan Chase seeks to stop paying legal bills for Charlie Javice, calling $60+ million in defense fees excessive after her $175M fraud conviction.