Administrator GST Fraud Notices Need Only Prima Facie Basis, Not Proof at Initial Stage: Madras HC The Madras High Court has held that GST authorities are not required to conclusively prove fraud before issuing a show-cause notice under Section 74 of the Central Goods and Services Tax Act . Accordi...
Administrator Operation Cyber Vajra: Firozabad Police Bust ₹58 Crore Digital Arrest Network Under Operation Cyber Vajra , Uttar Pradesh Police have carried out multiple coordinated raids in Firozabad, dismantling two organised cybercrime networks allegedly involved in digital arrest scams , ...
Administrator ED Takes First Big Step in ₹593 Crore Bank Fraud Case, Files PMLA Charges Against 14 The Enforcement Directorate has filed its first prosecution complaint under the Prevention of Money Laundering Act in the alleged ₹593 crore bank fraud and money laundering case involving accounts mai...
Administrator ₹41 Crore Property Loan Scam Uncovered; Alleged Kingpin Escapes Abroad A major alleged ₹41 crore property loan scam has surfaced in Vadodara, Gujarat, where police have arrested six individuals accused of obtaining home loans from several banks by using forged property d...
Administrator RBI Proposes Extra Verification for Large Online Transactions to Fight Digital Fraud Amid the growing incidence of online financial fraud, the Reserve Bank of India (RBI) has released a consultation paper proposing enhanced safeguards for large digital transactions. The central bank h...
Administrator ₹21 Crore Crypto Scam Routed Through 20,507 Mule Accounts, Says MP Cyber Cell The Madhya Pradesh State Cyber Cell has revealed details of a large-scale crypto investment scam in which a 70-year-old chartered accountant from Gwalior allegedly lost more than ₹21.05 crore after be...
Administrator Ghostcommit Attack: Hackers Hide AI Instructions Inside Images to Steal Sensitive Data A newly discovered attack technique called Ghostcommit demonstrates how attackers can hide malicious instructions inside ordinary image files to trick AI-powered coding assistants into exposing confid...
Administrator Legal Help Turned Cyber Trap: Five Interstate Fraudsters Arrested in Kannauj Police in Uttar Pradesh's Kannauj have arrested five alleged members of an interstate cyber fraud gang accused of cheating people by offering fake legal assistance and other fraudulent services. Inves...
Administrator ₹800 Crore LUCC Investment Scam: CBI Files Chargesheet Against 18 Accused The Central Bureau of Investigation has filed a chargesheet against 18 accused , including the Loni Urban Multi-State Credit and Thrift Co-operative Society , in connection with an alleged ₹800 crore ...
Administrator ₹1,992 Crore JVL Agro Bank Fraud Case: PMLA Court Takes Cognisance of ED Chargesheet The Enforcement Directorate has secured a significant legal development in the alleged ₹1,992 crore JVL Agro bank fraud case , with a Special Court under the Prevention of Money Laundering Act in Luck...
Administrator Jharkhand Constable Arrested in Alleged Government Job Scam Police in Jharkhand's Seraikela-Kharsawan district have arrested a serving police constable in connection with an alleged government recruitment fraud in which unemployed candidates were allegedly ind...
Administrator Trusted Accountant Accused of Diverting ₹34 Lakh Using Signed Cheques A serious employee-led financial fraud case has surfaced in Maharashtra’s Beed district, where an accountant is accused of misusing pre-signed cheques belonging to an agricultural trading firm and div...
