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FRAUD CASE NEWS

The Central Bureau of Investigation (CBI) has registered two separate FIRs in connection with the alleged large-scale financial irregularities involving the Chandigarh Smart City project and the Chandigarh Renewable Energy and Science and Technology Promotion Society (CREST).

CBI registers two FIRs in Chandigarh Smart City, CREST fund diversion case

May 06, 2026 10:12 am

The CBI has registered two FIRs investigating financial irregularities within Chandigarh Smart City and CREST, involving alleged fraud totaling nearly Rs 200 crore through forged documents and diverted public funds.

After a 15-year trial, Bengaluru man sentenced to 7 years for Rs 1.14 crore BDA site 'fraud'

April 28, 2026 5:46 pm

The judge described the crime as a "white-collar offence that bleeds the economy."

One of the biggest cyber crimes in Pune: Threatened with property seizure by scammers, elderly doctor loses Rs 12.3 crore in share trading fraud

April 07, 2026 10:29 pm

Between March 7 and March 18, the complainant was manipulated and also coerced into making eight large transfers totalling Rs 12.31 crore.

Kanpur alumnus Ayush Varshney crypto fraud cbi investigation delhi court bail

From Forbes 30 under 30 to crypto fraud: Delhi court grants bail to IIT alumnus

April 08, 2026 10:54 am

The court has granted bail to IIT Kanpur alumnus Ayush Varshney in a multi-crore crypto fraud case, noting a significant absence of evidence connecting him to the direct receipt of investor funds.

It is evident that the petitioner deliberately evaded the process of law for over eight years, the Punjab and Haryana High Court noted.

‘Judicial anarchy’: Punjab and Haryana High Court slams accountant for ‘forum shopping’ tactic in Rs 11 lakh fraud case

March 16, 2026 11:04 am

The Punjab and Haryana High Court dismissed a second anticipatory bail plea of an accountant accused of misappropriating Rs 11.15 lakh, calling the move forum shopping.

‘Courts are not recovery agents’: Orissa High Court grants bail to stage-4 cancer patient in Rs 3.5 crore land fraud case

February 25, 2026 10:08 am

Orissa High Court legal news: The criminal court exercising jurisdiction to grant custody bail or anticipatory bail is not expected to act as recovery agent to realise the dues of the complainant, the Orissa High Court noted.

Cyber fraud racket busted: Four arrested for duping people on KYC updates from Jharkhand and West Bengal

January 24, 2026 3:53 pm

Delhi Police arrested four members of an interstate cyber fraud gang that duped bank customers by posing as officials and tricking them into installing malicious KYC update apps.

The Kengeri Police registered a First Information Report (FIR) on January 6 against Vijay Raj Gowda, his father, Boregowda UJ, and his wife, Soumya, under multiple sections of the Bharatiya Nyaya Sanhita (BNS). (File Photo)

How a ‘successful businessman’ promised marriage and duped a Bengaluru engineer of Rs 1.53 crore

January 19, 2026 11:52 am

According to the Bengaluru woman's complaint, the man told her about frozen assets and business ventures to gain her trust.

The court noted that the probe had revealed seven similar complaints in which cyber fraudsters allegedly used the Nashik-based student’s account to deposit stolen funds from victims. (file)

Use of bank account in several cyber fraud cases: Mumbai court denies bail to chemistry student, says cannot consider 'innocent mistake'

January 07, 2026 1:04 pm

A sessions court in Mumbai noted that the student’s account had received Rs 23,900 as part of a cyber fraud involving Rs 12 lakh.

Supreme Court stays former NCP minister Manikrao Kokate's conviction in 1995 fraud case, grants temporary relief from disqualification as MLA

December 22, 2025 7:18 pm

Manikrao Kokate was previously convicted and sentenced to two years in prison by a sessions court, but the Bombay High Court had suspended the jail term while refusing to stay the conviction.