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Axis Bank manager, 3 others arrested for siphoning Rs 12 crore from Bengaluru firm

Four people, including the manager of a private bank, were arrested for allegedly siphoning off Rs 12.51 crore by stealing sensitive data from a company, police said on Saturday. The matter came to light after the director of Dream Plug Pay Tech Solutions Private Limited approached the police in November, alleging the siphoning of Rs 12.51 crore from the company’s …

Bengaluru Bank Accounts

1 week, 6 days ago

Bank staff among 4 held for siphoning off ₹12.2 crore from CRED operator firm: Report

Hindustan Times

Karnataka police arrested an Axis Bank relationship manager and three others on Sunday for allegedly swindling ₹12 crore from Dreamplug Paytech Solutions Pvt Ltd, a Bengaluru-based company that operates the credit card payment platform Cred. The sophisticated fraud was exposed when the company's executives spotted suspicious transactions from their bank accounts and lodged a complaint with the police. According to …

Fraud Report Bank Accounts Cred

1 week, 6 days ago

Alarming surge in synthetic drug usage among youth in Mangaluru; seizures triple in 2024

Hindustan Times

Synthetic drug usage, particularly among students and youth in Mangaluru, has seen an alarming increase this year, with police seizing 7.3 kg of synthetic drugs worth ₹6.59 crore in 2024—almost triple the quantity seized in 2023. A total of 1,372 arrests have been made in drug-related cases this year, a significant rise from 948 arrests in 2023, the statement added. …

Drug Seizures Triple

Four arrested for siphoning off ₹12.5 cr from CRED, Bengaluru police uncover major crime: Report

Hindustan Times

In a major cybercrime case, Bengaluru police have arrested four individuals from Gujarat who allegedly embezzled ₹12.5 crore from credit card payments platform CRED, reported Deccan Herald. According to the report, CRED’s corporate account is managed through Axis Bank’s Indiranagar branch in Bengaluru and authorities have managed to recover ₹1.83 crore of the stolen amount. The accused reportedly identified vulnerabilities …

Gujarat Bank Report Bengaluru Police Axis Cred Bengaluru Pitadiya

2 weeks, 1 day ago

Angola Leader Pardons 51 Including Dos Santos’ Son, TikToker

Live Mint

-- Angolan President Joao Lourenco pardoned 51 prisoners, including the son of his predecessor who was convicted to five years in jail for his alleged role in siphoning $500 million from the country. Jose Filomeno dos Santos, also known as Zenu, is a former head of Angola’s sovereign wealth fund and the first member of ex-President Jose Eduardo dos Santos’ …

Santos Angola Lourenco

3 weeks, 5 days ago

Bangladesh banks robbed of $21 bn by a few families; years to revival: Bangladesh Bank Governor Ahsan H. Mansur

India Today

In early August, when eminent economist Ahsan H. Mansur took charge as the governor of Bangladesh Bank, the country’s central bank, the entire banking system was thought to be tottering. Within one and a half months, we will receive money from the World Bank and the Asian Development Bank, and after that the reserves will be able to add $1.2 …

Banking Money World Bank Currency Billion Cent Rate

4 weeks, 1 day ago

UPSRTC to deploy accountants at pumps to prevent fuel theft

Hindustan Times

An ‘accountant’ will be appointed at every diesel pump linked with the UP State Road Transport Corporation to monitor diesel theft and transactions between pump operators and contract employees of the UPSRTC during the Mahakumbh Mela. For representation only With nearly 7,000 new buses hitting the road for the Mahakumbh in Prayagraj and 7,188 drivers being recruited, the UPSRTC has …

Fuel Buses Mahakumbh Upsrtc Fuel Theft Diesel Theft

1 month ago

SAUCY SECRETS: It's the intimate fear so many women have - but trust me, ladies, men DON'T care

Daily Mail

Dear Jana, Am I normal? This week Jana dishes out some honest advice to a woman facing divorce over her low libido Heartbroken, I hate to say it, but I'm on your husband's side for this one. Your husband's honesty - while brutal - is something most people don't get in situations like this. You don't want to accuse him …

Women Sex Men Ive Ask Prepare Dear Jana

1 month, 1 week ago

Why PDS grain drain is raising political heat in Andhra

India Today

The Yuvajana Sramika Rythu Congress Party, the preceding party in power in Andhra Pradesh, is being accused by the Telugu Desam Party -steered National Democratic Alliance government of turning the Kakinada Port into a hub of illegal activity, and primarily smuggling of rice. Claiming grain drain through the Kakinada Port, Manohar, at a specially convened media conference on December 1, …

Rice Smuggling Port State Pds Minister Tonnes

1 month, 1 week ago

SC agrees to hear PIL against Indiabulls Housing Finance alleging irregularities

Hindustan Times

The Supreme Court on Friday agreed to hear a public interest litigation seeking an investigation into allegations of illegalities, violations and siphoning of funds by the former promoters of Indiabulls Housing Finance Limited. A bench comprising justices Abhay S Oka and AG Masih issued notices to IBHFL and other respondents on the plea filed by the Citizens Whistle Blower Forum, …

India Financial Court Pil Rbi Petition Ngo

1 month, 2 weeks ago

Hyderabad: Asci Official Siphoned Off Rs 88 Lakh Using Fake Invoices

Deccan Chronicle

Hyderabad: A director in Administrative Staff College of India was accused of siphoning funds of nearly Rs 88 lakh using fake invoices. During her tenure between 2021 to 2024, Laxmi allegedly used her powers to avail support services for training programmes and projects to produce fake invoices. According to Asci administrative officer B. Jagadesh Kumar, “Laxmi was conducting training programmes …

Laxmi Fake Invoices

1 month, 2 weeks ago

Delhi Education Department - Delhi officials divert Rs 15 crore to personal accounts to get interest, dismissed - Delhi News

India Today

Six officials from the Education Department of the Municipal Corporation of Delhi were found using a new corruption method to generate illegal income by siphoning government funds. The officials transferred Rs 15 crore scholarship fund to their personal bank accounts. By holding the scholarship money in their accounts for nearly four months before distributing it, they earned significant interest. Following …

1 month, 2 weeks ago

BJP leaders move Karnataka HC seeking court-monitored CBI probe into Valmiki Development Corporation scam

New Indian Express

BENGALURU: The Karnataka High Court on Friday sought details of the probe that has been done so far by the Central Bureau of Investigation in connection with the crime registered by the Union Bank of India against its officials and others concerning the Karnataka Maharshi Valmiki Scheduled Tribe Development Corporation scam. Justice M Nagaprasanna passed the order while issuing notice …

Investigation Court Cbi Karnataka Hc

1 month, 2 weeks ago

VB nabs former manager for embezzling ₹34.92 lakh from Gramin Bank

Hindustan Times

The Punjab vigilance bureau on Friday arrested a former manager of Punjab Gramin Bank’s Bhano Langa branch in Kapurthala for allegedly embezzling ₹34.92 lakh. Punjab vigilance bureau on Friday arrested a former manager of Punjab Gramin Bank’s Bhano Langa branch in Kapurthala for allegedly embezzling ₹ 34.92 lakh The accused Pramod Kumar, a resident of Kundal village in Rajasthan’s Bikaner …

Kumar Kapurthala Former Manager Gramin Bank

1 month, 3 weeks ago

Over 17,000 WhatsApp accounts blocked in crackdown on digital arrest fraud

India Today

In a crackdown on digital arrest frauds, the Ministry of Home Affairs has blocked over 17,000 WhatsApp accounts. 'Digital arrest' involves fraudsters impersonating law enforcement officials to deceive gullible people and pressuring them to transfer large sums of money. Sources in the Home Ministry's cyber wing said scammers were siphoning off around Rs 6 crore every day through digital arrest …

Fraud Digital Arrest Cyber Cambodia Whatsapp Accounts Digital Arrest Frauds Digital Arrest Fraud

Development banks can help resolve global crises

China Daily

After the survival crisis at the end of the 20th century, the revival and expansion of the multilateral development bank system, led by the World Bank, has become one of the most prominent transformations in the global development financing system since the 2008 global financial crisis. Following the adoption of the United Nations 2030 Agenda for Sustainable Development, multilateral development …

Global World Development Reforms Reform Bank Resources

Development banks can help resolve global crises

China Daily

JIN DING/CHINA DAILY After the survival crisis at the end of the 20th century, the revival and expansion of the multilateral development bank system, led by the World Bank, has become one of the most prominent transformations in the global development financing system since the 2008 global financial crisis. Following the adoption of the United Nations 2030 Agenda for Sustainable …

Global Development Reforms Reform Resources Developing Countries World Bank

Development banks can help resolve global crises

China Daily

JIN DING/CHINA DAILY After the survival crisis at the end of the 20th century, the revival and expansion of the multilateral development bank system, led by the World Bank, has become one of the most prominent transformations in the global development financing system since the 2008 global financial crisis. Following the adoption of the United Nations 2030 Agenda for Sustainable …

Global Development Reforms Reform Resources Developing Countries World Bank

1 month, 3 weeks ago

At .3 per cent, Telangana’s PDS leakage lowest in India

New Indian Express

HYDERABAD: Telangana has recorded the lowest leakage percentage of grains of 0.3 per cent from the Public Distribution System, while Gujarat stood in the third place in the country with 43 per cent, revealed a study titled ‘Rationalising Public Distribution System In India’ conducted by Indian Council for Research on International Economic Relations released recently. On the other hand, in …

India Pds Cent Pds Leakage

1 month, 4 weeks ago

Postmaster absconding after siphoning money from depositors' savings accounts

Deccan Chronicle

Jajpur: A postmaster in Odisha's Jajpur district is absconding after allegedly misappropriating around Rs 50 lakh of depositors' money, an official said. Postmaster of Kuanalo post office, Kodanadhara Boitai allegedly siphoned around Rs 50 lakh from the savings account of more than 50 depositors who had deposited their money in the post office and has been absconding since October 23, …

Money Post Jajpur Postmaster

2 months ago

Telangana government changes CMRF rules to prevent misuse

New Indian Express

HYDERABAD: In the wake of reports of siphoning off funds from the Chief Minister Relief Fund, the state government has brought in a few changes in issuing cheques to the beneficiaries. Recently, during the transition of power from Congress to BRS, it was found that some miscreants used the names of CMRF applicants and opened bank accounts to wrongfully claim …

Cmrf Applicants

2 months ago

Lokpal seeks SEBI chief's 'explanation' on complaints of 'impropriety, conflict of interest'

Deccan Chronicle

New Delhi: Anti-corruption ombudsman Lokpal on Friday sought SEBI chief Madhabi Puri Buch's “explanation” on complaints of impropriety and conflict of interest filed by a Lok Sabha member and two others on the basis of a report by US-based short-seller Hindenburg Research, according to an official order. In an order dated September 20, the Lokpal had said that the complaint …

Order Lokpal Sebi Complaint Hindenburg Research Buch Sebi Chief

2 months ago

GOP's Eric Hovde blames third-party candidate for Senate loss – and refuses to concede

Raw Story

Wisconsin Senate candidate Eric Hovde is still refusing to concede his loss to Sen. Tammy Baldwin and blaming a third-party candidate for siphoning off the votes he needed to win. America First candidate Thomas Leager netted almost the exact vote total as the Hovde's loss margin, and the Republican accused Democrats of propping up the former gun rights lobbyist's long-shot …

Democrats Vote Candidate Hovde Eric Hovde

2 months ago

Former Cashier Accused of Siphoning ₹82.53 Lakh from Bank

Hindustan Times

Former cashier Abhishek Khanna has been arrested for allegedly siphoning off ₹82.53 lakh from the Capital Small Finance Bank's ATM cash deposits. The police received a complaint from the bank's deputy head, Harinder Singh, who discovered discrepancies in the ATM reconciliation statements. Following an investigation, Khanna confessed to diverting funds to his personal accounts through manipulated transactions. He was arrested …

Law Crime Finance Investigation Jalandhar

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Search results for siphoning

Axis Bank manager, 3 others arrested for siphoning Rs 12 crore from Bengaluru firm

Bank staff among 4 held for siphoning off ₹12.2 crore from CRED operator firm: Report

Alarming surge in synthetic drug usage among youth in Mangaluru; seizures triple in 2024

Four arrested for siphoning off ₹12.5 cr from CRED, Bengaluru police uncover major crime: Report

Angola Leader Pardons 51 Including Dos Santos’ Son, TikToker

Bangladesh banks robbed of $21 bn by a few families; years to revival: Bangladesh Bank Governor Ahsan H. Mansur

UPSRTC to deploy accountants at pumps to prevent fuel theft

SAUCY SECRETS: It's the intimate fear so many women have - but trust me, ladies, men DON'T care

Why PDS grain drain is raising political heat in Andhra

SC agrees to hear PIL against Indiabulls Housing Finance alleging irregularities

Hyderabad: Asci Official Siphoned Off Rs 88 Lakh Using Fake Invoices

Delhi Education Department - Delhi officials divert Rs 15 crore to personal accounts to get interest, dismissed - Delhi News

BJP leaders move Karnataka HC seeking court-monitored CBI probe into Valmiki Development Corporation scam

VB nabs former manager for embezzling ₹34.92 lakh from Gramin Bank

Over 17,000 WhatsApp accounts blocked in crackdown on digital arrest fraud

Development banks can help resolve global crises

Development banks can help resolve global crises

Development banks can help resolve global crises

At .3 per cent, Telangana’s PDS leakage lowest in India

Postmaster absconding after siphoning money from depositors' savings accounts

Telangana government changes CMRF rules to prevent misuse

Lokpal seeks SEBI chief's 'explanation' on complaints of 'impropriety, conflict of interest'

GOP's Eric Hovde blames third-party candidate for Senate loss – and refuses to concede

Former Cashier Accused of Siphoning ₹82.53 Lakh from Bank