Gulf Times - fraud
French court upholds ex-minister's fraud conviction, but no jail

French court upholds ex-minister's fraud conviction, but no jail

A French appeals court on Tuesday upheld a tax fraud conviction against former budget minister Jerome Cahuzac, whose hidden overseas accounts became one of the most embarrassing episodes ...

Warrants issued against two accused in PNB fraud

Warrants issued against two accused in PNB fraud

The case, dubbed India's largest ever bank fraud, has led to a huge probe and 20 arrests have been made so far in relation to the matter.

India asks Hong Kong to arrest jeweller Nirav Modi

India asks Hong Kong to arrest jeweller Nirav Modi

The whereabouts of Nirav Modi and his uncle Mehul Choksi, the other person accused in India's biggest banking fraud at the country's second-largest state lender, have been unknown.

Sierra Leone poll candidate plans legal challenge

Sierra Leone poll candidate plans legal challenge

The losing candidate in Sierra Leone's presidential election, Samura Kamara, said the voting was marred by fraud and he plans to launch a legal challenge to the result.

CID arrests Asian man for credit card fraud

CID arrests Asian man for credit card fraud

The accused was arrested and a number of counterfeit credit cards, a card programming device and a laptop containing data of stolen cards, were seized from him.

Indian auditor group begins probe into PNB fraud case

Indian auditor group begins probe into PNB fraud case

The Institute of Chartered Accountants of India said it has asked the Securities and Exchange Board of India, Punjab National Bank and federal investigating agencies to share their findings about the alleged fraud.

Sixth Indian bank official held in $1.8bn fraud case

Sixth Indian bank official held in $1.8bn fraud case

The Central Bureau of Investigation (CBI) said Rajesh Jindal, the former head of the bank's Brady House branch in Mumbai between August 2009 and May 2011, was arrested, taking to six the tally of bank officials arrested.

Netanyahu aides named as suspects in new corruption probe

Netanyahu aides named as suspects in new corruption probe

Israeli police revealed on Tuesday that two close associates of Prime Minister Benjamin Netanyahu were among the suspects in a new corruption probe, with five others central figures in the Bezeq telecommunications group.

India's investigators close bank branch at heart of fraud

India's investigators close bank branch at heart of fraud

Three people, including two employees of Punjab National Bank (PNB), India's second largest state-run lender, were arrested and presented before a Mumbai court over the weekend.

Indian investigators raid billionaire jeweller's offices

Indian investigators raid billionaire jeweller's offices

Enforcement Directorate (ED) officers searched the Mumbai offices of Nirav Modi after he was accused of cheating state-owned Punjab National Bank (PNB) of 2.8bn rupees ($43.8mn).

NOC needed for selling gold, MoI reminds people

NOC needed for selling gold, MoI reminds people

Some people resort to the purchase and sale of gold jewellery without taking necessary safety precautions and following procedures, thereby exposing themselves to fraud, the ministry said.

Indian tycoon Mallya in UK court for extradition hearing

Indian tycoon Mallya in UK court for extradition hearing

Indian tycoon Vijay Mallya appeared in a London court on Monday to start his fight against extradition to his homeland, where he is accused of fraud.