shell companies

A couple involved in a Rs23 crore investment fraud in Hyderabad was arrested by the Karnataka police on November 20 and brought to Hyderabad on November 22. The accused, Vuppalapati …

A Facebook message from a woman claiming to represent a Mumbai-based NBFC turned into a costly nightmare for a Delhi resident, leading to the exposure of a massive Rs5.92 crore …

The Delhi Police have arrested three individuals, including a sales manager of a private bank, for their alleged involvement in an interstate syndicate linked to a large-scale forex trading scam …

Surat Cyber Cell has busted a sophisticated cyber-fraud network masterminded by Nitesh Govani, a B.Sc. Mathematics graduate and CFO at a Pune-based firm. Govani allegedly defrauded over 1,200 individuals, siphoning …

McKINNEY, Texas — A sophisticated scam that allegedly defrauded more than 75 elderly Texans out of over $1.5 million has resulted in the arrest of three suspects, McKinney police announced. …

The Enforcement Directorate (ED) has arrested siblings Chirag Shah and Chintan Shah in connection with a high-profile money laundering investigation linked to the FairPlay app, a platform allegedly used for …

CALGARY, AB — The RCMP’s Integrated Money Laundering Investigative Team has laid multiple charges against Kevin Sarrafi, 39, Saba Sarrafi, 45, and their company Canex Forex Ltd., in connection with …

Nehal Deepak Modi, the younger brother of fugitive businessman Nirav Modi, has been arrested in the United States in connection with the Rs 13,000 crore Punjab National Bank (PNB) scam, …

The Uttarakhand Special Task Force (STF) has arrested Abhishek Agarwal, a chartered accountant, and the alleged kingpin behind a massive Rs750 crore cyber fraud case, at Delhi’s Indira Gandhi International …

In one of central India’s largest GST frauds to date, the Economic Offences Wing (EOW) has uncovered a massive fake invoicing scheme valued at Rs512 crore, with fraudulent Input Tax …