Frauds-Scams

In an attempt to crack down upon the illegal allotment of petrol pumps, the Supreme Court today confirmed its interim order canceling several allotments of petrol pumps, LPG and kerosene outlets most of which were allotted by the previous NDA regime. A bench headed by Chief Justice Y K Sabharwal said that those allotments which were cancelled on the basis of the report of its committee will have to close their ... [full story]

The Cyber Crime Branch of the Mumbai Police busted an online fraud racket leading to the arrest of a 30-year old Nigerian Citizen for allegedly duping 26 customers of the ICICI Bank to the tune of Rs 6.93 lakh. The accused would send fake e-mail to the bank’s customers with the intention to cheat, mislead and defraud the bank customers and illegally collecting the information from the bank customers and infringe ... [full story]

The Central Bureau of Investigation (CBI) on Tuesday began raids on arms dealers across 35 places in the country in connection with the 2001 exposé by the web portal tehelka.com on bribery in defence deals. The raids were conducted in Mumbai, Bangalore, Chandigarh, Sangrur and Delhi. CBI sleuths reportedly swooped down on 27 places in the capital. Amongst those whose premises were raided were Suresh Nanda, Sudhir Chaudhary, M S Sahni and Vipin Khanna, a ... [full story]

A Pakistani government printing press in the city of Quetta is printing out large quantities of counterfeit Indian currency, The Times of India reported, citing a Central Bureau of Intelligence note to Indian security agencies and the finance ministry. The rupee notes are then smuggled into India as 'part of Pakistan's agenda of destabilising (the) Indian economy through fake currency,' the daily said. The notes are 'supplied by the Pakistan government press ... [full story]