Nearly 60% of fake money seized in 2021 were of ₹2,000 denomination: NCRB
2 years, 3 months ago

Nearly 60% of fake money seized in 2021 were of ₹2,000 denomination: NCRB

The Hindu  

Nearly 60% of all fake money seized in the year 2021 were of ₹2,000 denomination, the Crime in India 2021 report compiled by the National Crime Records Bureau shows. Of the total ₹20.39 crore fake Indian currency notes seized in 2021, ₹12.18 crore was in the denomination of ₹2,000. While in 2016, fake currency worth ₹15.92 crore was seized, the seizures in 2017, 2018, 2019, 2020 and 2021 stood at ₹28.10 crore, ₹17.95 crore, ₹25.39 crore, ₹92.17 crore and ₹20.39 crore, respectively. The 2021 report says ₹6.6 crore worth of fake money in ₹500 denomination and ₹45 lakh in ₹200 denomination were also found.

India Money Indian Currency 2016 Notes Ncrb Fake Currency 2021 Denomination Fake Money Crore Fake  seized  indian  2000  2021  60  ncrb  notes  currency  nearly  money  500  2016  denomination  crore  fake

History of this topic

Property Fraud In Delhi NCR 'Alarmingly Prevalent': Punjab & Haryana HC Rejects Anticipatory Bail Plea Of Man Booked For Duping Buyer Of ₹2 Crore
6 days, 18 hours ago

Property Fraud In Delhi NCR 'Alarmingly Prevalent': Punjab & Haryana HC Rejects Anticipatory Bail Plea Of Man Booked For Duping Buyer Of ₹2 Crore

Live Law  

Observing that property frauds are "alarmingly prevalent" in Delhi-NCR, the Punjab & Haryana High Court has dismissed the anticipatory bail plea of a man accused of duping crores by falsely claiming ownership of land at a prime location in Noida.It was alleged that the accused took Rs.2 crores by falsely claiming ownership of a prime parcel of land in Noida, …

Telangana Police busts fake currency racket in Kamareddy, arrests six accused
1 week, 2 days ago

Telangana Police busts fake currency racket in Kamareddy, arrests six accused

India TV News  

In a major success, Telangana Police busted a fake currency racket and arrested six people in connection with the case in the Koyya Gutta area under the Banswada Town police station limits of the Kamareddy district, officials said on Saturday. According to the police, the arrested accused have been identified as Kadapatri Rajagopal Rao, Hussain Peera, Kolavar Kiran Kumar, Kesrole …

Rs 56.9 lakh counterfeit notes found, 6 arrested as fake currency racket busted
1 week, 2 days ago

Rs 56.9 lakh counterfeit notes found, 6 arrested as fake currency racket busted

India Today  

In a major breakthrough, Telangana Police busted a fake currency racket in Kamareddy district on Friday, December 13. The Banswada Town Police intercepted a car during a vehicle check near Koyyagutta, seizing Rs 30 lakh in counterfeit currency and arrested three suspects, Kadapathri Rajagopal, Kolavar Kiran Kumar, and Ramesh Goud. Police raided the penthouse and seized Rs 26.9 lakh in …

Gujarat: Four held with fake Indian currency notes worth over Rs 2 crore in Surat
1 week, 2 days ago

Gujarat: Four held with fake Indian currency notes worth over Rs 2 crore in Surat

India TV News  

Gujarat: At least four persons were arrested in Surat with fake Indian currency notes with a face value of Rs 2.57 crore, a police official said today. The four accused, three of whom are from Ahilyanagar in neighbouring Maharashtra, were walking with three bags when they were apprehended at a check post in Saroli on Saturday evening, the official said. …

ED seizes assets worth ₹3.9 crore in money laundering probe
1 week, 3 days ago

ED seizes assets worth ₹3.9 crore in money laundering probe

Hindustan Times  

Mumbai: The Enforcement Directorate has seized movable assets worth approximately ₹3.9 crore during searches in Mumbai, Delhi and Gurgaon as part of its money laundering investigation into Dentsu Communications India Private Limited and Suumaya Industries Ltd and their promoters. The agency's investigation stems from a Worli police case against the accused for allegedly embezzling ₹137 crore from certain non-banking financial …

Delhi police crackdown on cyber fraud racket
2 weeks, 6 days ago

Delhi police crackdown on cyber fraud racket

New Indian Express  

NEW DELHI: Delhi Police has dismantled a major racket of cybercriminals who defrauded people to the tune of nearly Rs 20 crore by creating fake identity documents of non-existent individuals, established shell companies, opened current bank accounts, and rented out these accounts for fraudulent purposes. This syndicate had been providing access to multiple current bank accounts to unknown cyber fraudsters …

CBI conducts searches in Delhi-NCR in connection with Rs 117 crore cyber fraud case
Trending News
2 weeks, 6 days ago

CBI conducts searches in Delhi-NCR in connection with Rs 117 crore cyber fraud case

India TV News  

Cyber Fraud Case: The Central Bureau of Investigation conducted searches at 10 locations in Delhi and surrounding areas today in connection with an ongoing investigation of transnational cyber-enabled financial frauds involving Rs 117 crore, said officials. According to the CBI, the searches were conducted in an ongoing investigation into a case registered under Sections 403, 420 of the Indian Penal …

Cyber fraud case: CBI raids 10 places in Delhi, Gurugram following complaint by I4C
Trending News
2 weeks, 6 days ago

Cyber fraud case: CBI raids 10 places in Delhi, Gurugram following complaint by I4C

New Indian Express  

NEW DELHI: The Central Bureau of Investigation on Wednesday conducted searches at 10 locations across Delhi and its adjoining areas in connection with its probe into a case linked to cyber fraud involving embezzlement of Rs 117 crore, officials said. A senior CBI official said, “The investigation so far has revealed that fraudsters operating from overseas use digital platforms such …

CBI raids 10 locations in Delhi-NCR to bust Rs 117-crore cyber fraud case
2 weeks, 6 days ago

CBI raids 10 locations in Delhi-NCR to bust Rs 117-crore cyber fraud case

India Today  

The Central Bureau of Investigation on Wednesday conducted raids at 10 locations in New Delhi and adjoining areas in connection with its ongoing investigation into transnational cyber-enabled financial frauds involving Rs 117 crore, officials said. “The investigation so far has revealed that fraudsters operating from overseas use digital platforms such as websites, WhatsApp, and Telegram to target victims in India," …

Four Arrested in Gujarat for Printing Counterfeit Australian Dollars
3 weeks, 3 days ago

Four Arrested in Gujarat for Printing Counterfeit Australian Dollars

Deccan Chronicle  

Ahmedabad police on Friday have arrested four individuals, including a resident of Australia, for operating a counterfeit currency racket in a warehouse in the Vatva area of Gujarat's Ahmedabad. The group was involved in printing fake Australian dollars, reportedly intending to smuggle the counterfeit notes abroad. Authorities seized counterfeit Australian banknotes worth approximately AUD 50,000, along with sophisticated printing equipment …

Indian-origin Australian businessman held for printing fake dollars in Gujarat
3 weeks, 4 days ago

Indian-origin Australian businessman held for printing fake dollars in Gujarat

India Today  

Gujarat Police has cracked down on a fake currency racket, arresting four individuals, including the mastermind, Maulik Patel, an Indian-origin Australian citizen. After incurring significant losses in his transport business, he came up with the idea of printing Australian dollars here in India, said a senior official of the Ahmedabad police’s Special Operation Group, reported news agency PTI. Police kept …

Rs 111 crore, 623 bank A/Cs, 25 arrests: The cyber-fraud that stunned Surat police
1 month, 1 week ago

Rs 111 crore, 623 bank A/Cs, 25 arrests: The cyber-fraud that stunned Surat police

India Today  

The Surat police have busted a major gang laundering money extorted from victims of ‘digital arrest’ around the country and even overseas. The police detected that lakhs of money parted with by cyber-fraud victims were first landing in a ‘mule account’, functional on ‘rooted devices’ operated from outside India. From Mota Varachha and Sarthana areas of Surat, the police recovered …

High Court Rejects Plea, Holds That Testimony of Police Officer is Not Infallible
1 month, 2 weeks ago

High Court Rejects Plea, Holds That Testimony of Police Officer is Not Infallible

Live Law  

The Kerala High Court has ruled that the testimony of a police officer cannot be discarded solely because he belongs to the police force. The court emphasized that the presumption that every person acts honestly applies to a police officer, and that mere belonging to the force does not taint the validity of their testimony. The court also noted that …

IPS Officer Bhagyashree Navtake Arrested for Forgery and Conspiracy in ₹1,200 Crore Scam
2 months ago

IPS Officer Bhagyashree Navtake Arrested for Forgery and Conspiracy in ₹1,200 Crore Scam

The Hindu  

Central Bureau of Investigation (CBI) has booked an IPS officer named Bhagyashree Navtake for forgery and criminal conspiracy in a ₹1,200 crore scam probe. The CBI investigation found instances of forgery, including registering three cases under one crime in a single day and obtaining complainants’ signatures without their presence. The case was filed based on a CID report highlighting procedural …

Beed police arrest two from Pune who planned to circulate fake notes
3 months ago

Beed police arrest two from Pune who planned to circulate fake notes

Hindustan Times  

Beed police detective branch arrested two suspects from Pune who were involved in a counterfeit currency scam in Beed. Police investigation revealed that the two accused had planned to circulate counterfeit currency notes in Pune via college admission fees. As per the deal between him and Kshirsagar, for each lot of counterfeit currency notes worth ₹ 4 lakh, Gaikwad would …

Telangana Cybercrime Police Arrest Two in ₹175 Crore Fraud Case
3 months, 4 weeks ago

Telangana Cybercrime Police Arrest Two in ₹175 Crore Fraud Case

Deccan Chronicle  

Telangana Cybercrime officials have arrested two individuals involved in a massive ₹175 crore fraud. The investigation was initiated after the Cyber Security Bureau's data analysis team flagged numerous complaints reported on the National Cybercrime Reporting Portal against six bank accounts in the State Bank of India Shamsheergunj branch. The investigation linked approximately 600 complaints to these accounts.The primary suspect, operating …

Centre’s claims on demonetisation’s success is eyewash, says Jairam Ramesh
4 months, 1 week ago

Centre’s claims on demonetisation’s success is eyewash, says Jairam Ramesh

The Hindu  

The Government’s assertion that the number of counterfeit notes detected has fallen is an “eyewash,” the Congress said on Friday, as it claimed that the counterfeit notes have “become rife once again”. Congress general secretary Jairam Ramesh questioned the gains made by the 2016 demonetisation and whether it could neither curb black money nor counterfeit currency. “Eight years after the …

‘Digital arrest’ case in which victim lost ₹2.2 crore cracked, 5 arrested, ₹1.7 crore recovered
4 months, 1 week ago

‘Digital arrest’ case in which victim lost ₹2.2 crore cracked, 5 arrested, ₹1.7 crore recovered

The Hindu  

In a rare instance, the cybercrime police in the Criminal Investigation Department have cracked a ‘digital arrest’ case, where the victim was cheated of ₹2.2 crore. The police have arrested five persons, including one based out of Dubai, and recovered ₹1.7 crore, $7700, and a high-end car from the accused. Probing the case, CID sleuths found that the money cheated …

₹2,000-crore ‘scam’: Ex-minister Ashu in judicial custody
4 months, 1 week ago

₹2,000-crore ‘scam’: Ex-minister Ashu in judicial custody

Hindustan Times  

The additional sessions court here on Monday sent former Punjab food and civil supplies and consumer affairs minister Bharat Bhushan Ashu to judicial custody in connection with an alleged ₹2,000-crore foodgrain transportation-linked money-laundering case. Bharat Bhushan Ashu Ashu, who was arrested by the ED on August 1, had been in the central agency’s custody since August 2. In August last …

Haryana: Six held with ₹13.66 lakh in fake currency notes
4 months, 1 week ago

Haryana: Six held with ₹13.66 lakh in fake currency notes

Hindustan Times  

Six members of a gang involved in printing and circulating fake currency notes were arrested after raids at Yamunanagar and Panchkula districts, said CIA-1 unit of the Yamunanagar police on Saturday. The police seized fake currency notes worth ₹13.66 lakh, a printer, a laptop and plain papers during the raids. An amount of ₹91,200 in fake currency notes was recovered …

Bengaluru techie couple loses ₹1.53 crore in investment scam, cops recover ₹1.4 crore: Report
4 months, 3 weeks ago

Bengaluru techie couple loses ₹1.53 crore in investment scam, cops recover ₹1.4 crore: Report

Hindustan Times  

In an exceptional breakthrough, the east division cybercrime police in Bengaluru have dismantled an online investment scam and recovered ₹1.4 crore out of ₹1.53 crore stolen from a Banaswadi-based software engineer couple earlier this year, The Hindu reported. So far this year, out of over 600 cases registered at the east CEN police station, 45 per cent have involved investment …

Nainital Bank’s server hacking: Police freeze ₹1.90 crore across India
4 months, 3 weeks ago

Nainital Bank’s server hacking: Police freeze ₹1.90 crore across India

Hindustan Times  

Noida: The cybercrime branch police of Noida has got over ₹1.90 crore frozen in various banks located across the country in connection with a Nainital bank’s server hack case in which some unidentified accused allegedly siphoned off ₹16.71 crore in 84 transactions using the bank manager’s credential between June 16 to 20, officers said on Friday. Apart from the frozen …

Delhi Police bust fake currency racket, 2 held
5 months ago

Delhi Police bust fake currency racket, 2 held

Hindustan Times  

The Delhi Police special cell has arrested two members of an international Indian fake currency notes racket, that procured fake Indian banknotes from Pakistan and smuggled them into the country via Nepal or Bangladesh, officers aware of the matter said on Sunday. The arrested accused were nabbed with fake currency notes with a face value of ₹ 2.91 lakh, police …

ED arrests Delhi resident over ₹4,978-crore cheating case
9 months, 1 week ago

ED arrests Delhi resident over ₹4,978-crore cheating case

The Hindu  

The Enforcement Directorate has arrested Delhi resident Ashish Kakkar for allegedly running a cybercrime syndicate that cheated people across the country of ₹4,978 crore over the past four years. It is alleged that Mr. Kakkar imported a large number of consignments – declaring high-value items such as rose oil and solar panel machinery – from Dubai, Hong Kong, China, and …

Pakistan's demonetisation? Islamabad to issue new notes to combat counterfeit currencies
10 months, 3 weeks ago

Pakistan's demonetisation? Islamabad to issue new notes to combat counterfeit currencies

Firstpost  

With an aim to deal with the menace of counterfeit currencies in the cash-strapped country, Pakistan’s central bank has announced to introduction of new currency notes with enhanced security features including distinct security numbers and designs to modernise the Pakistani currency. However, some financial experts wonder whether introducing new currency notes could also include demonetisation of the Rs 5,000 or …

Fake Currency Seizure Case | Lucknow NIA Court Sentences 2 Accused To 5-Year Jail Term
11 months ago

Fake Currency Seizure Case | Lucknow NIA Court Sentences 2 Accused To 5-Year Jail Term

Live Law  

A special National Investigation Agency Court in Lucknow has convicted and sentenced two men to a 5-year jail term in connection with the 2019 Lucknow fake currency case. As per NIA's case against the accused, the focal point of the case pertains to the discovery and confiscation of counterfeit currency by ATS UP on November 25, 2019. After a thorough …

Fake Currency: Two Men Convicted, Handed 5-year Jail Term in 2019 Case by NIA Special Court in Lucknow
11 months ago

Fake Currency: Two Men Convicted, Handed 5-year Jail Term in 2019 Case by NIA Special Court in Lucknow

News 18  

A special court of the National Investigation Agency on Thursday convicted and handed jail terms to two men in the 2019 Lucknow fake currency case. In January 2020, a juvenile was also convicted and sentenced in the case to two years, one month and 10 days’ imprisonment. Now, Lakhimpur Kheri resident Phulchand and Aminul Islam from West Bengal’s Malda have …

Fact Check: Images Of Rs 500 Notes Featuring Lord Ram, Ayodhya Temple Digitally Altered
11 months ago

Fact Check: Images Of Rs 500 Notes Featuring Lord Ram, Ayodhya Temple Digitally Altered

ABP News  

Ahead of the consecration ceremony at the Ram Temple in Uttar Pradesh’s Ayodhya, social media users have shared images of ₹500 currency notes featuring the Hindu god Ram and the newly constructed temple with the claim that the Reserve Bank of India will release the new bills on January 22. NEW Rs 500 NOTES WILL BE ISSUED ON 22/01/2024.” This …

Probe agency NIA raids multiple locations in 4 states, busts fake currency racket
1 year ago

Probe agency NIA raids multiple locations in 4 states, busts fake currency racket

India Today  

The National Investigation Agency conducted raids on Saturday across four states, uncovering a network involved in the production and circulation of Fake Indian Currency Notes. The raids targeted individuals suspected of being part of a larger conspiracy to traffic fake currency notes across borders and promote its circulation in various states of India. The suspects included Rahul Tanaji Patil in …

3 get four-five years of rigorous imprisonment in fake currency racket case
1 year, 1 month ago

3 get four-five years of rigorous imprisonment in fake currency racket case

Hindustan Times  

A National Investigation Agency court on Tuesday sentenced three men to four to five years of rigorous imprisonment for supplying high quality Fake Indian Currency Notes smuggled from Bangladesh. unit in December 2019, following the recovery of fake currency notes with a total face value of ₹ 2,49,500, from the possession of Murad Alam in Ghaziabad. unit in December 2019, …

Rajasthan: Fake currency notes worth Rs 1.97 crore seized in Jodhpur ahead of Assembly polls
1 year, 1 month ago

Rajasthan: Fake currency notes worth Rs 1.97 crore seized in Jodhpur ahead of Assembly polls

India TV News  

Rajasthan: Fake currency worth Rs 1.97 crore has been seized from poll-bound Rajasthan. The cops first took action assuming that the money was real but later realised they were fake as currency notes had similar serial numbers. A team comprising of ACP and 10 police officers has been formed to find out the sources of the fake currency notes and …

Spat between TMC’s Mahua Moitra and BJP’s Nishikant Dubey continues
1 year, 2 months ago

Spat between TMC’s Mahua Moitra and BJP’s Nishikant Dubey continues

The Hindu  

Firing a fresh salvo, BJP MP Nishikant Dubey, without naming TMC MP Mahua Moitra, said that a Parliamentarian’s login ID for the Lok Sabha was opened from Dubai while the MP was in India, endangering India’s national security. Both Mr. Dubey, who filed the complaint accusing Ms. Moitra of availing pecuniary benefits in exchange for asking questions on behalf of …

Gang pays ₹25,000 for fake currency with face value of ₹1 lakh, caught by Bengaluru police
1 year, 4 months ago

Gang pays ₹25,000 for fake currency with face value of ₹1 lakh, caught by Bengaluru police

The Hindu  

Cottonpet police busted an inter-State fake currency racket and arrested three persons red-handed with 1,307 fake currency notes of ₹500 denomination adding up to ₹6.5 lakh. They were caught red-handed with the notes near the skywalk at city railway station on July 28 by a police team led by Balaraj G. Investigations revealed that Saravanan used to source the fake …

Right Materials, Strong Network & Bad Luck, How This Real-Life ‘Farzi’ Formed Fake Currency Cartel
1 year, 5 months ago

Right Materials, Strong Network & Bad Luck, How This Real-Life ‘Farzi’ Formed Fake Currency Cartel

News 18  

Somewhat inspired by Shahid Kapoor’s web series ‘Farzi’, a small-time goldsmith in Uttar Pradesh’s Kairana turned his shop into the printing press of Fake Indian Currency Notes of Rs 2,000 denomination. They would use appropriate raw materials such as fine quality paper sheets, green shining foil paper and special ink to manufacture “high-quality” FICN. The police had received some inputs …

Data | ₹2,000 Banknotes: A fading presence as RBI decides to withdraw from circulation
1 year, 6 months ago

Data | ₹2,000 Banknotes: A fading presence as RBI decides to withdraw from circulation

The Hindu  

The Reserve Bank of India ’s move to withdraw ₹2,000 banknotes from circulation on May 19, 2023, was a stark reminder of the ghosts of demonetisation.In a press release, the central bank justified the move by stating that the banknote, which was introduced to meet the currency requirement after ₹500 and ₹1,000 banknotes were withdrawn in November 2016, had fulfilled …

Panchkula police arrest welder for printing fake notes
1 year, 6 months ago

Panchkula police arrest welder for printing fake notes

Hindustan Times  

A welder, who learnt the trick of printing currency notes, was arrested by Panchkula police for printing and circulating fake currency on Saturday. When cash is deposited through CDM, the machine segregates fake currency from genuine ones, the police said. The police post in-charge, Sector 16, Gurpal Singh, said, “Accused Prabhjot along with his friend Sachin had taken a hotel …

Supreme Court seeks report from Registry on urgent listing of plea challenging RBI decision on ₹2,000 note exchange
1 year, 6 months ago

Supreme Court seeks report from Registry on urgent listing of plea challenging RBI decision on ₹2,000 note exchange

The Hindu  

The Supreme Court on June 7 sought a report from its Registry on the issue of urgent listing of a plea challenging the notifications enabling the exchange of ₹2,000 currency notes without any requisition slip and ID proof. On June 1, the top court refused to list for an urgent hearing of Mr. Upadhyay's plea challenging the notifications and said …

Right Word | Withdrawal of Rs 2,000 currency notes is a death blow to narco-terror nexus
1 year, 7 months ago

Right Word | Withdrawal of Rs 2,000 currency notes is a death blow to narco-terror nexus

Firstpost  

The Reserve Bank of India’s decision to withdraw the Rs 2,000 currency notes has come as a major blow to the narco-terrorism nexus that poses a new threat to the country’s national security. The fake currency seized by Thane police in this case two-years ago primarily consisted of Rs 2,000 fake currency notes. On May 11, the NIA issued a …

Withdrawal of Rs 2,000 Currency Notes is a Death Blow to Narco-Terror Nexus - News18
1 year, 7 months ago

Withdrawal of Rs 2,000 Currency Notes is a Death Blow to Narco-Terror Nexus - News18

News 18  

The Reserve Bank of India’s decision to withdraw the Rs 2,000 currency notes has come as a major blow to the narco-terrorism nexus that poses a new threat to the country’s national security. The fake currency seized by Thane police in this case two-years ago primarily consisted of Rs 2,000 fake currency notes. On May 11, the NIA issued a …

Fake Currency Raids by NIA in Mumbai Linked to D Company; Several Incriminating Materials Found
1 year, 7 months ago

Fake Currency Raids by NIA in Mumbai Linked to D Company; Several Incriminating Materials Found

News 18  

The National Investigation Agency has recovered several incriminating materials during searches at half a dozen locations in Mumbai in the 2021 Naupada case relating to seizure of high quality fake Indian currency notes. This is strong corroboration of NIA’s earlier investigational findings establishing a direct connection with the D Company in the fake currency racket. Two persons were arrested in …

₹11-crore coin fraud case: CBI searches 5 locations in Punjab’s Faridkot
1 year, 8 months ago

₹11-crore coin fraud case: CBI searches 5 locations in Punjab’s Faridkot

Hindustan Times  

Central Bureau of Investigation on Thursday conducted searches at five locations in Faridkot district’s Jaitu subdivision in connection with an alleged fraud case wherein coins worth ₹11 crore had gone missing from the vaults of a State Bank of India branch in Rajasthan’s Karauli. Central Bureau of Investigation on Thursday conducted searches at five locations in Faridkot district’s Jaitu subdivision …

Over 8000 crores assets seized in IT raids in 8 years: Govt in Lok Sabha
1 year, 9 months ago

Over 8000 crores assets seized in IT raids in 8 years: Govt in Lok Sabha

Op India  

On Monday, March 20, the Government of India told the Lok Sabha that the Income Tax department has seized total assets worth Rs 8832.92 crores in the search and seizure action conducted by it in the last eight financial years, i.e from 2014-2015 to 2021-2022. The state minister for finance further asserted that tax demand of a total of Rs …

Mumbai Police arrests 33-year-old painter for printing fake banknotes, probe underway
1 year, 11 months ago

Mumbai Police arrests 33-year-old painter for printing fake banknotes, probe underway

Firstpost  

New Delhi: The saga of fake note-related scandals continues to grow across India. On Monday, the Mumbai Police arrested a 33-year-old artist who was allegedly involved in printing fake Rs 200 denomination banknotes. As reported by the news agency ANI, the Malvani division of the Mumbai Police seized several fake Rs 200 notes which have a face value of around …

CCB sleuths bust gang that duped people with fake loans
1 year, 11 months ago

CCB sleuths bust gang that duped people with fake loans

The Hindu  

Sleuths from Central Crime Branch have busted a gang that was cheating people by promising them large amount of loans and giving them counterfeit currency notes. Police have seized counterfeit currency notes of face value of ₹1.28 crore from the gang. Acting on a tip off that the gang had been transporting counterfeit currency notes in a bus, CCB sleuths …

Bengaluru crime news: Duo nabbed for circulating fake currency notes
2 years, 3 months ago

Bengaluru crime news: Duo nabbed for circulating fake currency notes

Hindustan Times  

Police in Karnataka capital Bengaluru have arrested two separate duos in cases relating to bike theft and printing of fake currency notes, among others. A duo were arrested in Bengaluru for using fake currency notes and other crimes. Counterfeit notes circulated in Bengaluru, September 5 A duo called Unni and Sanal were arrested by J P Nagar police for circulating …

Fake currency notes worth ₹2.98 lakh seized in Malda, two arrested
2 years, 3 months ago

Fake currency notes worth ₹2.98 lakh seized in Malda, two arrested

Live Mint  

Fake Indian currency notes worth ₹2 lakh were seized by Special Task Force of West Bengal Police from two persons in Malda district, the police reported on Sunday. Force personnel apprehended two persons Tayab Ansari and Mansur Ali from Tulsidanga area under Gazole police station on Friday. The fake currency notes seized from the duo by the police were in …

Delhi reported 1342% rise in fake notes in 2021: NCRB data
2 years, 3 months ago

Delhi reported 1342% rise in fake notes in 2021: NCRB data

Live Mint  

National capital Delhi reported an exponential rise in fake Indian currency notes in 2021, according to the latest data by the National Crime Record Bureau. As per the Delhi Police, several gangs operating at the state and the international level are bringing in fake notes from Bihar, West Bengal, and Madhya Pradesh via Bangladesh, Nepal, and Pakistan. As many as …

Decrease in circulation of fake ₹2000 notes from 2018-19: Centre to Lok Sabha
2 years, 4 months ago

Decrease in circulation of fake ₹2000 notes from 2018-19: Centre to Lok Sabha

Hindustan Times  

The circulation of fake ₹2000 denomination currency notes has decreased in the banking system from 2018-19, the Union ministry of finance on Monday told Lok Sabha. “In 2021-22, the number of fake currency notes of ₹2000 denomination detected in the banking system was 13,604 pieces which is 0.000635% of the total number of banknotes of ₹2000 denomination in circulation,” the …

As India’s biggest bank fraud is unearthed, a look at the DHFL case and other big bank frauds in the country
2 years, 5 months ago

As India’s biggest bank fraud is unearthed, a look at the DHFL case and other big bank frauds in the country

Firstpost  

Former promoters of Dewan Housing Finance Ltd are among 13 accused who have been arrested for defrauding a consortium of 17 banks of Rs 34,615 crore The CBI has booked former CMD Kapil Wadhawan and director Dheeraj Wadhawan of Dewan Housing Finance Ltd in the “biggest” banking fraud in India. The audit of DHFL account books showed that the company …

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