METAL-NEWS-AUSTRIA.COM: Breaking News - Latest of The Hour 06:34, 07/14/2019

After PNB, Allahabad Bank Alleges Rs 1,700 Crore Fraud By Indebted Firm

Allahabad Bank on Saturday became the second state-owned bank to report a major alleged fraud by bankrupt steelmaker Bhushan Power & Steel Ltd this month, adding to conce...

After PNB, Allahabad Bank Alleges Rs 1,700 Crore Fraud By Indebted Firm

Source: ndtv.com

India's Allahabad Bank reports $259 mln alleged fraud by bankrupt steelmaker India's Allahabad Bank on Saturday became the second Indian state-owned bank to report a major alleged fraud by bankrupt steelmaker Bhushan Power & Steel Ltd this month, adding to concerns about a banking industry burdened with bad debts....
18:00, 07/13/2019

Allahabad Bank Falls On Detecting Fraud In Bhushan Power Loan Account Allahabad Bank share price: Allahabad Bank share price fell as much as 14.53 per cent on the BSE to Rs 40.30 after it informed exchanges on Saturday that it had detected a fraud of Rs 1,774.82 crore......
08:51, 07/15/2019

Case, Raids Against J&K Bank After Officials Unearth 177-Crore Loan Fraud The Anti-Corruption Bureau (ACB) on Thursday registered a case and conducted raids after unearthing a loan fraud worth over Rs 177 crore in Jammu and Kashmir Bank in Jammu, officials said....
03:17, 06/28/2019

Forensic Audit Found Rs 3,800 Crore Fraud, Says Punjab National Bank The Punjab National Bank (PNB) on Saturday said it had reported a borrowing fraud of Rs 3,805 crore ($556 million) in Bhushan Power & Steel Ltd's account to the Reserve Bank of India (RBI)....
12:00, 07/07/2019

Punjab National Bank Shares Fall On Detecting Fraud Worth Rs 3,805 Crore PNB share price: Shares of the government-owned lender Punjab National Bank fell as much as 11.31 per cent, from its previous close, to intraday low of Rs 72.50....
16:51, 07/08/2019

PNB, Allahabad Bank, 2 Other Lenders Fined For Non-Compliance With Norms While Punjab National Bank (PNB), Allahabad Bank and UCO Bank have been fined Rs 50 lakh each, Corporation Bank has been asked to pay a penalty of Rs 25 lakh....
09:00, 07/03/2019

7 Lawmakers "Offered 10 Crore Each" By BJP To Switch, Alleges AAP The Aam Aadmi Party (AAP) today levelled allegations of horse trading against the BJP, claiming that the ruling party has offered Rs 10 crore each to seven of its legislators for switching sides. "Our......
16:17, 05/01/2019

Delhi BJP Alleges Rs 2,000 Crore Scam, AAP Hits Back BJP chief Manoj Tiwari on Monday claimed that there is a "scam" of Rs 2,000 crore in the construction of classrooms for Delhi government schools, an allegation rejected by Delhi Chief Minister Arvind......
02:51, 07/02/2019

Virendra Sehwag's Wife Alleges Business Aides Cheated For 4.5-Crore Loan Former Indian cricketer Virender Sehwag's wife Aarti Sehwag has filed a complaint against her business partners of forging her signature to get a loan of Rs 4.5 crore, police said on Saturday....
03:34, 07/14/2019

PNB Detects Rs 3,805 Crore Fraud By Bhushan Power & Steel Bhushan Power and Steel, was among the first 12 companies referred by the RBI to a bankruptcy court for a debt resolution process under new insolvency law...
07:34, 07/07/2019

Paytm Mall Says Up To Rs 10-Crore Cashback Fraud Detected According to Forrester Research, the market share of Paytm Mall almost halved in 2018 -- to 3 per cent from 5.6 per cent in 2017. The audit reportedly revealed that a number of employees were......
06:00, 05/15/2019

Aiding 'organized crime': India alleges 22 audit violations by Deloitte, KPMG arm in fraud case India detected at least 22 violations of auditing standards by Deloitte Haskins & Sells and a KPMG affiliate while investigating a fraud at a financial company, leading it to seek a five-year ban on the auditors, according to government legal filings...
17:34, 06/13/2019

Probe Agency Attaches Rs 110 Crore Assets Of Sugar Company In Fraud Case The Enforcement Directorate Tuesday said it has attached assets worth Rs 110 crore of Simbhaoli Sugars Limited, one of India''s largest sugar mills, in connection with a money laundering probe against......
13:51, 07/02/2019

U.S. charges four ex-executives at Canadian payments firm PacNet with fraud The U.S. Department of Justice on Thursday announced criminal charges accusing four former executives of the Canadian payment processor PacNet Services Ltd of running an international mail fraud scheme that cheated U.S. victims out of tens of million...
01:34, 06/21/2019

RBI Imposes Rs 2 Crore Fine On Kotak Mahindra Bank The RBI said it decided to impose a penalty after reviewing the bank's reply to a notice seeking an explanation about why it had not complied with regulatory norms....
14:17, 06/08/2019

Unprecedented Rs 71,500-Crore Bank Frauds Reported In 2018-19: RBI In the last 11 fiscal years, a total of 53,334 cases of fraud were reported by banks involving a massive amount of Rs 2.05 lakh crore, according to data from the central bank. A total of 4,534 and......
15:00, 06/03/2019

RBL Bank Reports 41% Jump In Profit To Rs 267 Crore In June Quarter RBL Bank earnings, RBL Bank share price: RBL Bank said its net interest margin (NIM) improved to 4.31% in the quarter ended June 30, from 4.04% a year ago....
14:51, 07/19/2019

Congress Candidate Declares Rs 7 Crore Deposits In Swiss Bank Congress's Lok Sabha candidate from here Sunil Kumar Jakhar has declared movable assets worth Rs 1.53 crore, besides an over Rs 7 crore deposit in a Swiss bank in his wife's name, according to an......
17:17, 05/17/2019

Bank transfer fraud victims to get refunds under new code Bank account holders who are tricked into transferring money to fraudsters could be entitled to reimbursement under a new voluntary industry code coming into force from today....
13:00, 05/28/2019

Bank of Scotland fined £45m over huge Reading fraud - business live Rolling coverage of the latest economic and financial news, as Bank of Scotland is rebuked over its handling of fraud at its Reading branchHBOS fraud: £45m fine over bank’s failingsEarlier:Chipmaker IQE says Huawei ban is hurting global techIQE cuts ...
13:00, 06/21/2019

Trump nemesis Avenatti pleads not guilty in bank fraud case Lawyer Michael Avenatti, known for his battles with U.S. President Donald Trump, pleaded not guilty on Monday to federal charges that he allegedly stole millions of dollars from clients and failed to pay taxes....
22:51, 04/29/2019

KeyCorp shares fall after Cleveland bank uncovers $90 million fraud by customer Shares of KeyCorp fell on Tuesday after the regional bank disclosed it discovered fraudulent activity that could cost the company up to $90 million.       ...
17:51, 07/16/2019

Dino Morea And DJ Aqeel Summoned In Sterling Biotech Bank Fraud Case The Enforcement Directorate has summoned Bollywood actor Dino Morea and DJ Aqeel for questioning in the Sterling Biotech alleged bank fraud and money laundering probe case, officials said on Monday....
11:00, 07/01/2019

CBI Raids Jagan Mohan Reddy's Party Candidate In Alleged Bank Fraud Case The CBI is conducting searches on the premises of Raghurama Krishnamaraju, the Lok Sabha election candidate from Jagan Mohan Reddy's YSR Congress Party, in an alleged bank fraud case in Hyderabad....
15:00, 04/30/2019

World Bank Court Orders Pak To Pay $6 Billion To Firm Over Mine Closure Pakistan will have to pay almost $6 billion in damages to a foreign gold mining firm whose dig was shut down by the government in 2011, the World Bank said Sunday....
19:00, 07/14/2019

UPDATE 1-Israel approves Mastercard stake in bank services firm SHVA Bank of Israel Governor Amir Yaron has granted Mastercard permission to hold 10 percent of Israeli bank services firm SHVA, the central bank said on Tuesday, in a step aimed at boosting banking sector competition....
14:17, 04/30/2019

Health Sector To Get Rs 62,398 Crore, Rs 6,400 Crore For Ayushman Bharat Union Finance Minister Nirmala Sitharaman Friday announced Rs 62,659.12 crore outlay for the health sector in the 2019-2020 fiscal, the highest in the last two financial years....
13:34, 07/05/2019

JP Morgan buys health-care payments firm InstaMed in bank's biggest deal since financial crisis The $500 million-plus deal shows that the nation's largest bank views the fast-changing world of payments as a battleground worthy of aggressive wagers....
17:51, 05/17/2019

Happily indebted after: Millennials go broke over the bachelor party When it comes to the cost of attending a wedding, being there for the big day is only a fraction of the overall expense. Guests run themselves into the red as they try to attend pre-wedding festivities....
18:51, 05/01/2019

Jaguar Woes Add To Challenges For India's Most Indebted Empire Although Jaguar posted a net income of 119 million pounds ($151 million) this week, debt at owner Tata Motors Ltd. has grown to almost $14 billion, as it struggles to tide over a demand slump in......
16:51, 05/22/2019

Allahabad High Court Judge Writes To PM Modi On Nepotism In Appointments Allahabad High Court Judge Rang Nath Pandey has written a letter to Prime Minister Narendra Modi, alleging "nepotism and casteism" in the appointment of judges to High Courts and the Supreme Court....
19:17, 07/03/2019

Heavily indebted Pemex says will merge units to save money The board of heavily indebted Mexican state oil company Pemex [PEMEX.UL] has unanimously approved a merger of four of its subsidiaries into two units, the company said in a statement on Friday....
07:00, 06/29/2019

Saudi Arabia to support indebted Lebanon, say ex-PMs after meeting king Saudi Arabia is preparing to support Lebanon through its economic challenges, three Lebanese ex-premiers indicated after meeting Saudi King Salman in Jeddah on Monday....
21:17, 07/15/2019

Indebted Chinese seek wisdom of credit card 'goddesses' as retail lending surges In a ballroom at the Vienna International Hotel in Shanghai, Mei Liangming was giving a lecture on the ins and outs of getting credit cards, rolling over debts with multiple cards, and cleaning up one's bad credit history....
03:34, 04/30/2019

Deutsche Bank Has Proposed Replacing Americas CEO With Investment-Bank Finance Chief Deutsche Bank executives have sought to promote the finance chief of the investment bank to replace the current Americas CEO, an important role responsible oversight of the bank’s sprawling North American operations....
21:17, 06/19/2019

CORRECTED-Investors renew calls for Deutsche Bank to trim investment bank Deutsche Bank investors are renewing calls for it to scale back its investment bank division ahead of what promises to be a challenging annual shareholder meeting next week....
19:34, 05/16/2019

Deutsche Bank plans radical overhaul with €50bn hived off to 'bad bank' – reports The struggling German lender will move poorly performing assets and drastically shrink its investment banking arm, the FT saysDeutsche Bank has drawn up plans for a radical restructuring which will involve the creation of a “bad bank” to hold tens of...
09:34, 06/17/2019

Reserve Bank Of India Removes Charges On NEFT/RTGS Bank Transactions The Real Time Gross Settlement System (RTGS) is meant for large-value instantaneous fund transfers while the National Electronic Funds Transfer (NEFT) System is used for fund transfers up to Rs 2......
13:17, 06/06/2019

Deutsche Bank to quit equities, shrink investment bank in 7.4 bln euro overhaul Deutsche Bank said on Sunday it plans exit its global equities business and scale back its investment bank in a sweeping, 7.4 billion euro overhaul designed to turn around the struggling German flagship lender....
03:00, 07/08/2019

Deutsche Bank CEO pledges tough investment bank cuts as shares hit low Deutsche Bank's chief executive promised shareholders "tough cutbacks" at its underperforming investment bank on Thursday as he battled to convince them he can turn around Germany's biggest lender, whose shares hit a record low....
21:17, 05/23/2019

Deutsche Bank CEO readies investment bank cuts as stock hits low Deutsche Bank's chief executive is prepared to make "tough cutbacks" in its investment banking business, whose future is in doubt after several failed restructurings, in order to be profitable and competitive....
14:00, 05/23/2019

Russia's Vostochny Bank capital fell below key threshold last month- c.bank Russia's central bank warned on Friday that Vostochny Bank's capital adequacy ratio briefly dipped below a critical level last month, a sign of balance sheet problems at the lender amid a battle for control between shareholders....
19:00, 07/12/2019

Investors renew calls for Deutsche Bank to trim investment bank Deutsche Bank investors are renewing calls for it to scale back its investment bank division ahead of what promises to be a challenging annual shareholder meeting next week....
20:34, 05/16/2019

Deutsche Bank CEO to invest 25% of fixed salary in bank's shares: source Deutsche Bank Chief Executive Officer Christian Sewing is planning to invest a quarter of his fixed salary in the bank's shares, a person with knowledge of the matter said on Tuesday....
15:00, 07/09/2019

CITIC Bank Private Bank: Success = Technology + Human Touch CITIC Private Bank is leading Chinese private wealth managers in the adaptation of technology, but it is not forgetting the most important element of customer service and the notion that each App Must Have the Warmth of the Human Touch!...
18:17, 04/28/2019

Deutsche Bank CEO to invest 25% of fixed salary in bank's shares - source Deutsche Bank Chief Executive Officer Christian Sewing is planning to invest a quarter of his fixed salary in the bank's shares, a person with knowledge of the matter said on Tuesday....
15:00, 07/09/2019

Deutsche Bank plans separate 'corporate bank' unit as part of overhaul: sources Deutsche Bank is planning to create a separate "corporate bank" unit that will seek to streamline services currently spread throughout the bank, two people familiar with the matter said on Friday....
14:00, 07/05/2019

Deutsche Bank is kicking off a brutal cull of 18,000 jobs as part of a $8.3 billion overhaul. Here's what we know about what's going on at the German bank. Reuters/Kai Pfaffenbach Deutsche Bank CEO Christian Sewing revealed a sweeping overhaul of Germany's biggest bank after a supervisory board meeting on Sunday. The restructuring plan will see the bank shift from servicing asset managers and hedge fun...
00:17, 07/09/2019

Chinese central bank steps up liquidity support for smaller lenders after Baoshang Bank takeover The People's Bank of China signaled its readiness to supply smaller banks with a steady stream of cash after the takeover of a troubled lender, letting more banks the funds and boosting liquidity to the system....
13:00, 06/06/2019

Deutsche Bank to reportedly set up 50 billion euro bad bank; shares pop over 3% Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets, the Financial Times reported on Sunday....
15:00, 06/17/2019

Deutsche Bank may create 'bad bank' for high-risk assets Germany's largest lender is planning to isolate up to €50 billion in high-risk assets, reported the Financial Times. The bank's chief executive has vowed to restore sustainable profitability to the ailing lender....
16:00, 06/17/2019

Exit of Deutsche Bank's investment bank chief marks end of era The head of Deutsche Bank's investment bank agreed to step down on Friday in a sign of the division's waning influence as Germany's largest lender prepares a multi-billion dollar restructuring aimed at reversing a decline in its fortunes....
01:51, 07/06/2019

Deutsche Bank is about to undergo its biggest restructuring ever. Here's what we know about what's going on at the German bank. Reuters/Kai Pfaffenbach Deutsche Bank CEO Christian Sewing is expected to announce a sweeping overhaul of Germany's biggest bank after a supervisory board meeting on Sunday. The restructuring will reportedly focus on its US business and could includ...
21:00, 07/06/2019

UPDATE 1-U.S. regulators ask Deutsche Bank to explain "bad bank" proposal -FT U.S. regulators have sought explanation from Deutsche Bank AG about its "bad bank" proposal and its impact on U.S. operations at the loss-making German lender, the Financial Times reported on Monday....
12:34, 06/24/2019

Western Europe's best bank bank for corporate responsibility 2019: dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy...
20:34, 05/30/2019

Deutsche Bank chair against strategy change at investment bank - FT Deutsche Bank Chairman Paul Achleitner told the Financial Times that Germany's largest lender did not need a fundamental overhaul of its investment division after merger talks with rival Commerzbank failed....
09:17, 04/29/2019

Deutsche Bank's bank capital debt back in the red, CDS decline Deutsche Bank's capital boosting Additional Tier I debt issues dropped back into the red on Monday, giving away gains made in early trade following news of the German lender's planned overhaul over the weekend....
14:34, 07/08/2019

Deutsche Bank to set up 50 billion euro bad bank in revamp Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday....
18:34, 06/17/2019

U.S. regulators ask Deutsche Bank to explain 'bad bank' proposal: FT U.S. regulators have sought explanation from Deutsche Bank AG about its "bad bank" proposal and its impact on U.S. operations at the loss-making German lender, the Financial Times reported on Monday....
07:17, 06/24/2019

Deutsche Bank U.S. Operations Chief to Leave Bank Deutsche Bank AG’s chief operating officer for the Americas, Kate Clifford, has quit after a little more than a year in the role, according to people familiar with the matter....
03:51, 06/05/2019

Deutsche Bank to set up 50 billion euro bad bank: source Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday....
10:51, 06/17/2019

U.S. regulators ask Deutsche Bank to explain "bad bank" proposal -FT U.S. regulators have sought explanation from Deutsche Bank AG about its "bad bank" proposal and its impact on U.S. operations at the loss-making German lender, the Financial Times reported on Monday....
08:00, 06/24/2019

Deutsche Bank CEO Signals More Cuts to Investment Bank Chief Executive Christian Sewing signaled the lender will shrink its investment bank as it struggles to stabilize the business and regain support from investors who have pushed its shares to record lows....
14:00, 05/23/2019

UPDATE 1-Deutsche Bank to set up 50 bln euro bad bank -FT Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets and shrinking or shutting its U.S. equity and trading businesses, the Financial Times reported on Sunday....
00:00, 06/17/2019

Deutsche Bank to set up 50 billion euro bad bank Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday....
15:17, 06/17/2019

Deutsche Bank to set up 50 billion euro bad bank: FT Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets and shrinking or shutting its U.S. equity and trading businesses, the Financial Times reported on Sunday....
08:51, 06/17/2019

BJP Still Trying To Topple My Government, Alleges HD Kumaraswamy Karnataka Chief Minister HD Kumaraswamy today alleged the BJP was continuing its efforts to ''destabilise'' the Congress-JD(S) coalition government led by him, but asserted it was stable and would......
17:34, 06/20/2019

Rapper Common alleges childhood sexual assault Oscar-winner says he recalled the traumatic memory while working with Laura Dern on the film The TaleCommon, the Oscar-winning rapper, actor and activist, has alleged that he was sexually abused as a child by a family friend.In his memoir Let Love Ha...
13:51, 05/08/2019

Ex-Texans security coordinator alleges firing discrimination HOUSTON (AP) — The former security coordinator for the Houston Texans has filed a discrimination complaint with the Equal Employment Opportunity Commission, alleging his firing by the team was racially motivated. Jeff Pope, who worked for the team fo...
00:00, 06/14/2019

Former Oklahoma student alleges university misreported data OKLAHOMA CITY (AP) — A former University of Oklahoma student is seeking class-action status for her federal lawsuit against the school for misreporting data used to nationally rank the university. The lawsuit was filed Tuesday in federal district cou...
19:51, 05/30/2019

Venezuelans protest after UN report alleges deaths and cover-ups On Venezuela's national Independence Day, rival demonstrations kicked off in the capital city Caracas, fueled by a new UN report describing political detentions and thousands of extrajudicial killings in the country....
23:17, 07/05/2019

Legal document alleges EU migrant ‘crimes against humanity’ PARIS (AP) — More than 40,000 people have been intercepted in the Mediterranean and taken to detention camps and torture houses under a European migration policy that is responsible for crimes against humanity, according to a legal document that is a...
03:17, 06/03/2019

Legal document alleges EU migrant 'crimes against humanity' More than 40,000 people have been intercepted in the Mediterranean and taken to detention camps and torture houses under a European migration policy that is responsible for crimes against humanity, according to a legal document Monday asking the Inte...
03:51, 06/03/2019

NYC schools investigator alleges he was denied promotion because of race Thomas Chin claims in his Manhattan federal suit that his bosses at the Special Commissioner of Investigation’s Office routinely passed him over, despite a stellar track record of investigating sexual-abuse cases involving students....
07:51, 07/14/2019

Goldman sued by gay former executive who alleges firing was discriminatory Goldman Sachs has been sued by William Littleton, a former vice president who alleges sexual orientation discrimination. Littleton had been a leader of the Wall Street bank's LGBTQ network....
20:17, 06/05/2019

"BJP Wants Only Deaf And Dumb Dalits," Alleges Congress's Udit Raj The BJP wants "deaf and dumb" dalits, Congress'sUdit Raj has alleged; he had recently quit the BJP after he was denied a ticket to contest the national elections....
11:17, 05/08/2019

Indira Jaising Alleges "Victimisation" After Top Court Notice To Her NGO Senior lawyers Indira Jaising and Anand Grover Wednesday cried foul over a Supreme Court notice to them and their NGO, Lawyers Collective, on a plea alleging FCRA violation by them, and said they are......
01:51, 05/09/2019

Ex-US Marine Alleges "Threats, Abuse" In Russian Jail A former US Marine arrested on spying charges in Moscow says he is subjected to abuse and harassment in jail, but a diplomat warned Saturday a potential prisoner swap will not happen before a......
21:34, 05/25/2019

GST Collections Rise 6.67% To Rs 1,00,289 Crore In May The revenue in May 2019 is 2.21 per cent higher than the monthly average of GST revenue in FY 2018-19 (Rs 98,114 crore)," the official statement said....
21:00, 06/01/2019

Kolkata Policeman Suspended After Ex-Miss India Alleges Harassment The sub-inspector of a Kolkata police station was suspended and two other policemen show caused after former Miss India Ushoshi Sengupta alleged inefficiency of the police after she was harassed and......
01:00, 06/20/2019

Lawsuit alleges Carrie Underwood copied ‘Game On’ NFL intro NEW YORK (AP) — A songwriting team is suing singer Carrie Underwood, the NFL and NBC, saying they stole a song and used it to introduce “Sunday Night Football” last season. The lawsuit was filed Wednesday in Manhattan federal court over t...
00:17, 06/20/2019

As PM Modi Alleges Rift In UP Alliance, Akhilesh Yadav Responds Attacks from Prime Minister Narendra Modi on the mahagathbandhan in Uttar Pradesh spiralling, a joint counter came today from Mayawati and Akhilesh Yadav. While Mayawati, in a tacit message to her......
19:34, 05/05/2019

EU alleges Russian disinformation in vote, calls on tech firms to do more Russian online outlets spread disinformation in an effort to sway voters in last month's European Union elections, the bloc said on Friday in a report calling for social media firms to do more to counter such efforts or face regulation....
17:51, 06/14/2019

Leh Press Club Alleges BJP Trying To Bribe Reporters, Files Complaint A journalist body in Ladakh has accused the BJP of "bribing reporters for favourable coverage" to influence the national elections in the constituency which votes on Monday in the fifth phase. An......
07:00, 05/05/2019

BJP Buying Lawmakers With Notes Ban Cash, Alleges Digvijaya Singh Senior Congress leader Digvijaya Singh on Friday claimed the ruling Bharatiya Janata Party had made so much money during demonetisation that it was now "buying" MLAs....
16:51, 07/12/2019

Akhilesh Yadav Meets Governor, Alleges "Jungle Raj" Prevailing In UP Alleging that "jungle-raj" was prevailing in Uttar Pradesh, Samajwadi Party president Akhilesh Yadav met Governor Ram Naik on Saturday over the poor law and order situation and asked him to "wake up"......
11:34, 06/15/2019

Bloomberg alleges Huawei routers and network gear are backdoored Enlarge / PORTUGAL - 2019/03/04: 5G logo is seen on an android mobile phone with Huawei logo on the background. (credit: Omar Marques/SOPA Images/LightRocket via Getty Images) Vodafone, the largest mobile network operator in Europe, found backdoors...
14:17, 05/02/2019

38-Year-Old Dies During Police Checking In UP, Family Alleges Assault A 38-year-old man has died in western Uttar Pradesh's Bijnor town during a vehicle checking drive by the local police. The man's family alleges the police assaulted him during the checking and that......
01:51, 06/29/2019

A Former Business Partner Alleges the Trumps Evaded Taxes in Panama The accusations, in a legal filing by the owners of a luxury hotel, escalate a dispute with the president’s company and are fraught with potential diplomatic and legal complexities....
04:17, 06/04/2019

Sex-toy company alleges 'sexism' and 'censorship' in lawsuit over blocked NYC subway ads A startup company that manufactures sex toys for women filed a lawsuit Tuesday against the operator of New York City's subway system, accusing the state-run Metropolitan Transportation Authority of sexism and illegal censorship for refusing to run it...
07:17, 06/19/2019

Former Kirchner accountant alleges presidential couple stole up to US$10 billion The former accountant of ex-presidents Néstor Kirchner and Cristina Fernández de Kirchner was granted a plea bargain in March. His television appearance comes as rumours intensify about Fernández de Kirchner's intention to run for the presidency....
16:34, 05/16/2019

PA man alleges he was ambushed at same Dominican Republic resort as Delaware woman A Pennsylvania man raised allegations earlier this week that he was ambushed while on vacation at the same Dominican Republic resort when a Delaware woman claimed she was attacked and beaten by a hotel employee....
21:51, 06/22/2019

Magazine Columnist Alleges Trump Raped Her At A Store Two Decades Ago E. Jean Carroll, a New York-based writer and longtime women's advice columnist, accused President Donald Trump of sexually assaulting her more than two decades ago in a dressing room of an upscale......
06:34, 06/22/2019

Heckled By BJP Workers, Car Vandalised, Alleges Trinamool Congress Leader Trinamool Congress MLA Udyan Guha alleged that he was heckled by BJP activists in West Bengal's Cooch Behar district on Sunday and his car vandalised as he was on his way to a party programme....
01:17, 07/01/2019

"Have Forgiven Them": Mamata Banerjee Alleges Striking Doctors Abused Her West Bengal Chief Minister Mamata Banerjee on Thursday accused the protesting junior doctors of Kolkata's SSKM Hospital of verbally abusing her during her visit....
10:00, 06/14/2019

"BJP Men In Central Forces Clothing": Mamata Banerjee Alleges Conspiracy West Bengal Chief Minister Mamata Banerjee today claimed that supporters of the BJP and its ideological mentor, the Rashtriya Swayamsevak Sangh (RSS), may be entering the state disguised as central......
18:00, 05/12/2019

BJP's Diamond Harbour Candidate Alleges Assault By Trinamool Workers Nilanjan Roy, the BJP's Lok Sabha election candidate from Diamond Harbour in West Bengal, was attacked by a group of men as he headed out to campaign on Saturday. Mr Roy, who was on an open top car,......
04:17, 05/05/2019

"Papa, You Sent Goons": BJP Lawmaker's Daughter Alleges Threat In Video Sakshi Misra, daughter of BJP lawmaker in Uttar Pradesh Rajesh Misra, has posted a video on social media claiming she is in danger from her father after she married a man of another caste against his......
08:51, 07/11/2019

Vedanta To Invest Rs 20,000 Crore In New Oil Blocks Vedanta had won a total of 53 oil and gas blocks under the government's open acreage licensing policy (OALP) and Discovered Small Field (DSF) rounds....
16:00, 07/16/2019

Karnataka Gives Rs 10 Crore Aid To Cyclone-Hit Odisha The Karnataka government has contributed Rs 10 crore to cyclone-hit Odisha for relief assistance to the affected people, an official statement said today....
17:00, 05/09/2019

Top Court To Examine Abortion Laws After Plea Alleges Violation Of Rights The Supreme Court Monday agreed to examine the constitutional validity of certain legal provisions that allow abortion only to save the woman's life or in case of abnormal foetus and allegedly violate......
15:51, 07/15/2019

Lawsuit Alleges Trump Evaded Taxes on Panama Hotel Project President Trump’s property-management company allegedly failed to pay taxes in Panama on millions of dollars in fees it collected for managing a high-rise hotel there, according to new legal filings....
07:51, 06/04/2019

Zion Williamson sues marketing company, alleges state law violation The former Duke star is suing to terminate his contract with Prime Sports Marketing LLC, saying the agency violated North Carolina's sports agent law.       ...
07:34, 06/14/2019

Health non-profit, top surgeon defrauded millions from government, complaint alleges Sanford Health and one of its most lucrative surgeons have been accused of defrauding the federal government out of millions of dollars.       ...
21:00, 06/28/2019

National Probe Agency Alleges Kashmiri Separatists Got Funds From Abroad The National Investigation Agency (NIA) has alleged that its probe into terror financing in Jammu and Kashmir revealed that hardline separatists received funds from abroad and utilised them for......
20:17, 06/16/2019

FTC complaint alleges Amazon's Echo Dot Kids violates child privacy law A month after we found out Amazon employees might listen to your Alexa conversations, Amazon is facing more privacy concerns. This time, they have to do with how the company stores data collected by its Echo Dot Kids. Today, a coalition of privacy an...
19:51, 05/09/2019

Lawsuit Alleges NFL Directed Insurance Carrier To Deny Disability Claims A medical clinic in Illinois is accusing the NFL of instructing its insurance carrier to deny claims made by former players under the auspices of the league’s disability plan. The allegations are outlined in a lawsuit that also accuses the league of ...
20:17, 05/03/2019

Group of psychics scammed months of free rent, suit alleges Maybe this landlord should have seen it coming: a psychic who allegedly scammed months of free rent in prime commercial space downtown, according to a lawsuit....
03:34, 05/12/2019

Centre Gave Misleading Reports On Bengal, Alleges Mamata Banerjee West Bengal Chief Minister Mamata Banerjee hit out at the BJP-led centre on Friday for pursuing a "political agenda" and accused it of placing misleading reports in parliament on the issue of madrasas......
13:34, 07/05/2019

Android Creator Concealed Google Payments From Wife, Lawsuit Alleges Rubin's estranged wife Rie Hirabaru Rubin alleged that he and a former attorney conspired to convince her to sign a premarital agreement a few days before they were married....
15:17, 07/03/2019

US Sues Ex-Trump Aide, Alleges Failure To File Required Financials The United States on Tuesday sued Omarosa Manigault Newman, the former aide to President Donald Trump and reality television star, saying she knowingly failed to file a required public financial......
04:17, 06/26/2019

"Tortured In Jail," Alleges BJP Activist Who Shared Mamata Banerjee Meme BJP activist Priyanka Sharma, who walked free this morning after spending five days in jail for posting a meme on West Bengal Chief Minister Mamata Banerjee last week, said the question of offering an......
16:00, 05/15/2019

Ordered To Throw Feast To "Purify" Her, Alleges Rape Survivor's Father The father of a rape survivor has alleged that the village panchayat in Madhya Pradesh's Rajgarh district declared his daughter an outcast after he failed to follow its diktat and throw a community......
14:34, 06/14/2019

YouTube pulls ads from right-wing pundit after journalist alleges anti-gay harassment Amid backlash and policy updates, YouTube announced yesterday that it will demonetize videos published by right-wing commentator Steven Crowder.        ...
17:51, 06/06/2019

Reliance Jio Net Profit At Rs 891 Crore In June Quarter Earlier in the day, Reliance Jio pipped rival Bharti Airtel to become India's second-largest operator by subscribers as of May, government data showed...
19:34, 07/19/2019

Jal Shakti Ministry Gets Rs 28,261 Crore Budget Allocation The Jal Shakti Ministry, which is executing the government's mission to provide clean and piped drinking water to every household in the country, has been earmarked Rs 28,261.59 crore in the budget......
00:34, 07/06/2019

Plea Against Indiabulls Housing For Misappropriating Rs 98,000 Crore The petition alleged that money worth thousands of crores were siphoned off by Sameer Gehlaut, the chairman of the firm, and the directors of Indiabulls for their personal use...
20:00, 06/10/2019

Drought-Hit Maharashtra Farmers Given Rs 4,461 Crore: Government The Maharashtra government today expressed solidarity with farmers reeling under the impact of severe drought in large parts of the state and said a sum of Rs 4,461 crore has been credited in bank......
18:17, 06/18/2019

Centre Increases "Green" Budget To Rs 2,954 Crore The Centre on Friday increased the allocation for Environment Ministry from last fiscal by 10.4 per cent to Rs 2,954.72 crore for 2019-20 in what was termed as a "green budget" by Prime Minister......
00:34, 07/06/2019

Rs 80,250 Crore Allocated To Development Of Roads In Budget The central government will pump in Rs 80,250 crore to upgrade 1,25,000 km of roads over the next five years, Finance Minister Nirmala Sitharaman announced on Friday....
15:00, 07/05/2019

Walmart served customized graduation cake made of Styrofoam, Texas mom alleges Marsy Flores, the graduate's mother, says the Walmart bakery gave her a graduation cake made out of Styrofoam.        ...
21:00, 06/04/2019

U.S. sues ex-Trump aide Omarosa, alleges failure to file required financials The United States on Tuesday sued Omarosa Manigault Newman, the former aide to President Donald Trump and reality television star, saying she knowingly failing to file a required public financial disclosure report after she left the White House....
00:34, 06/26/2019

Arun Jaitley Alleges Rahul Gandhi Hand In Defence Deal During UPA Rule The BJP today attacked Congress president Rahul Gandhi over his alleged link to a defence firm that got offset contract when the UPA was in power and asked the opposition party to respond to what it......
21:00, 05/04/2019

Congress Government Tried To Bury Alwar Gang-Rape Case, Alleges Mayawati Former Uttar Pradesh Chief Minister Mayawati demanded the Supreme Court act against the Congress government in Rajasthan for allegedly threatening the family of the gang-rape victim...
12:34, 05/11/2019

Apple Is Selling Your iTunes Listening Data Despite Its Privacy Claims, a Lawsuit Alleges (Bloomberg) — Apple Inc. was sued by customers who claim the company is unlawfully disclosing and selling information about people’s iTunes purchases as well as their personal data, contrary to the company’s promise in advertising t...
19:17, 05/25/2019

Cops Delayed Case On Gang-Rape Due To Rajasthan Polls, Alleges Survivor Two weeks after the gang-rape of a woman in Rajasthan's Alwar, the National Commission for Scheduled Castes has asked for a criminal case against police officers who allegedly delayed acting on the......
12:34, 05/11/2019

PM Modi Targets Rajiv Gandhi Again, Alleges "Family Holiday" On Navy Ship At a rally in Delhi today, PM Modi said Rajiv Gandhi and family were sent for a vacation on board the Navy's INS Virat, contending that it had compromised national security....
21:17, 05/08/2019

Pervy Manhattan dentist tried to hire teen as personal sex worker, suit alleges A recently-arrived teenager from Venezuela went to a Manhattan dentist for a job — and was instead offered the post of his personal sex partner, a lawsuit claims....
00:51, 05/12/2019

Black Woman Alleges She Was Denied Service, Forced to Give Up Her Seat for White Men Welcome to 2019: Where our president is racist, our college campuses aren’t far behind, and black people are apparently still expected to give up their seat to white folks....
04:00, 06/29/2019

Centre Targeting West Bengal Government, Alleges Trinamool Congress Leader Trinamool Congress leader Sudip Bandyopadhyay on Monday alleged that the Centre was targeting the Mamata Banerjee-led West Bengal government and has issued 10 advisories in as many days....
11:17, 07/15/2019

EV battery maker LG Chem sues SK Innovation, alleges trade secret theft Electric vehicle (EV) battery maker LG Chem said it has sued its South Korean peer SK Innovation in the United States for alleged theft of trade secrets....
10:00, 04/30/2019

Government Made Rs 15.50 Crore From NEET Counselling Last Year The Union Health Ministry said from the 114,198 students, who registered themselves for counselling in 2018-19, a total of Rs 18,32,87,500 was collected as registration amount....
14:34, 06/14/2019

Tribal Affairs Ministry Gets Rs 800 Crore Hike In Budget The budgetary allocation for the Tribal Affairs Ministry for 2019-20 has been hiked by around 15 per cent, with the central government focusing on critical infrastructure projects for the welfare of......
18:17, 07/05/2019

"40-50 Crore Bribe To Lure Lawmakers," HD Kumaraswamy Blasts BJP As the Karnataka political crisis deepens, Chief Minister HD Kumaraswamy has today launched stinging allegations against the BJP of bribing Congress and Janata Dal (Secular) lawmakers to "bring down......
17:00, 07/19/2019

Defence Budget Remains Unchanged At Rs 3.18 Lakh Crore The defence budget remained unchanged at Rs 3.18 lakh crore, the amount set aside in the interim budget in February, notwithstanding expectations of steep hike in resources to modernise the armed......
17:00, 07/05/2019

Two Afghans Among 5 Arrested In Delhi With Heroin Worth Rs 600 Crore Five persons, including two Afghan nationals, were arrested and heroin worth about Rs 600 crore in the international market was seized from them, police said Friday....
19:34, 07/19/2019

Defence Products' Exports To Exceed Rs 35,000 Crore Target With the growing trend of shipments in recent years, exports of defence products will exceed the Rs 35,000 crore target by 2024-25, an official said....
10:17, 07/14/2019

Over 2 Crore Users Logged On To Railways' Free WiFi In May Over two crore users logged into the railway WiFi at 1,606 stations across its network in May and the facility of free internet would be extended to the remaining 4,791 stations within this year,......
02:51, 06/26/2019

166 Dead In Assam, Bihar Floods, Around 1.11 Crore Affected Floods continued to wreak havoc in Bihar and Assam, with around 1.11 crore people impactedin the two eastern states where the number of dead reached 166 on Sunday....
03:34, 07/22/2019

Air India Lost Rs 491 Crore Due To Closure Of Pak Airspace: Report Due to closure of airspace by Pakistan, national carrier Air India lost Rs 491 crore till July 2, according to data presented by Civil Aviation Minister Hardeep Singh Puri in Rajya Sabha on Wednesday....
19:17, 07/03/2019

Japan To Invest Rs 13,000 Crore In Infrastructure Projects In Northeast Japan has decided to invest Rs 13,000 crore (205.784 billion Yen) in several ongoing and new projects in the Northeast, an official statement said on Friday....
08:00, 06/15/2019

Air India Lost Rs 560 Crore In 140 Days After Pak Closed Airspace Private carriers IndiGo, SpiceJet and GoAir lost Rs 25.1 crore, Rs 30.73 crore and Rs 2.1 crore respectively, bringing the total loss to Indian airlines to more than Rs 620 crore in less than five......
14:51, 07/16/2019

Families Of Soldiers Killed In Pulwama Given Rs 1 Crore In Aid: Centre Families of the 40 CRPF soldiers killed in the Pulwama terror attack have been provided with compensation and monetary benefits amounting to nearly Rs 1 crore, Union Minister Nityanand Rai said in......
14:51, 07/17/2019

UP Approves Rs 894 Crore For Resettlement Of Displaced For Jewar Airport The Uttar Pradesh cabinet on Tuesday approved a proposed bid document for Jewar Airport in Noida and sanctioned Rs 894 crore for the resettlement and rehabilitation of displaced families, an official......
19:34, 05/28/2019

Income Tax Department Asked To Add 1.30 Crore New Filers This Fiscal The income tax department has been tasked to add 1.30 crore new return filers in the current financial year as part of the government's plan to widen the tax base in the country....
03:34, 07/07/2019

Auditor (CAG) Flags Irregularities Worth Rs. 24,805 Crore In UP Government The Comptroller and Auditor General (CAG) has detected several lapses resulting in losses worth Rs. 24,805 crores in the UP Excise Department during the 2008-18 period....
10:34, 07/21/2019

With Rs 680 Crore, Industrialist Jayadev Galla Among Richest Candidates Jayadev Galla, a Telugu Desam Party (TDP) lawmaker in Andhra Pradesh, has declared assets worth over Rs 680 crore, which makes him one of the richest candidates in the national election....
20:00, 04/28/2019

300 Quintals Of Waste Cleaned After Rs 200-Crore Weddings In Uttarakhand A huge pile of garbage that was left behind at a pristine hill station in Uttarakhand after a grand wedding ceremony of two sons of South Africa-based businessmen has been cleaned, Municipal......
04:00, 07/01/2019

Over Rs 235 Crore Budget For Training Of Bureaucrats Abroad, In India Over Rs 235 crore has been allocated to the Personnel Ministry in the Union Budget for domestic and foreign training of bureaucrats and augmenting necessary infrastructure during the ongoing fiscal....
13:34, 07/05/2019

Assets Worth Rs 209 Crore Attached In IMA Ponzi Scam The Enforcement Directorate on Friday attached assets worth Rs 209 crore in its money laundering probe into a ponzi scam involving Karnataka's IMA group, in which thousands of depositors have......
10:51, 06/28/2019

Drug Makers, Distributors Failed to Stop Suspect Opioid Shipments, Filing Alleges Many of the nation’s largest drug manufacturers and distributors failed to implement even the most basic systems to halt suspicious drug orders as the opioid epidemic came into sharp focus, plaintiffs lawyers allege in a new court filing....
07:51, 07/20/2019

Macri, Judiciary using Florencia Kirchner as hostage to stifle CFK candidacy: Alberto Fernández alleges 'Cristina Kirchner is the best candidate' to defeat President Mauricio Macri at the October presidential election, her former Cabinet Chief Alberto Fernández says....
16:34, 05/16/2019

Tesla Autopilot Malfunction Caused Crash That Killed Apple Engineer, Lawsuit Alleges Apple engineer Walter Huang was driving his 2017 Tesla Model X on U.S. Highway 101 in Mountain View, California, the morning of March 23, 2018, when the car steered left into a concrete median, killing Huang in the resulting crash.Read more......
00:17, 05/02/2019

Women Rappers Drag Jermaine Dupri By His Nose Hairs After He Alleges They All Sound 'Like Strippers' I have gone this far in 2019 without wondering even once what Jermaine Dupri thought about anything. Unfortunately, on Thursday, that streak came to an end when Dupri decided to share a wadded up Kleenex masquerading as a thought on his feelings abou...
02:00, 07/13/2019

Christian student group sues university for 'equal access,' alleges religious discrimination A prominent Christian student group is suing its university to ensure "equal access" like other student groups on campus, alleging anti-Christian discrimination....
19:51, 07/12/2019

Samajwadi Party Leader Azam Khan's Wife Alleges Death Threat To Family Wife of Samajwadi Party leader Azam Khan has alleged a threat to her family from the administrative officials of Rampur and has also sought their removal....
17:17, 05/17/2019

Black student robbed of salutatorian because district feared white flight, lawsuit alleges Mississippi student Olecia James' lawsuit claims the honor of salutatorian went to a white student whose grade score appeared to be lower than hers.        ...
22:34, 05/02/2019

Retail tycoon Philip Green charged with assault after pilates teacher alleges inappropriate touching The British retail tycoon Philip Green has been charged with four counts of misdemeanor assault in the United States after an Arizona pilates instructor accused him of repeatedly touching her inappropriately....
01:00, 06/01/2019

Carnival Cruise Line wouldn't let passenger off ship after 'major' heart attack, lawsuit alleges The world's largest cruise operator is being sued by the family of a 65-year-old passenger who died after allegedly not being allowed off the ship to receive medical treatment for a heart attack....
15:00, 06/13/2019

AP: Italian investigation alleges officials with Purdue Pharma’s foreign arm paid kickbacks to push opioids PARMA, Italy (AP) — AP: Italian investigation alleges officials with Purdue Pharma’s foreign arm paid kickbacks to push opioids....
07:51, 05/29/2019

Pak PM Imran Khan Has Assets Worth Over 10 Crore, Also Owns 4 Goats Pakistan Prime Minister Imran Khan has assets worth Rs 10.8 crore, operates three foreign currency accounts and owns four goats, the election commission said on Tuesday....
05:51, 07/03/2019

"No Urgency": Top Court On Karti Chidambaram's Plea On 10 Crore Deposit The Supreme Court today refused to hear a petition by Karti Chidambaram, son of former finance minister P Chidambaram, for return of a security deposit of Rs 10 crore which he had paid to go abroad....
09:17, 05/14/2019

Main Accused In Rs 2,700-Crore Drug Haul From Pakistan Dies The key accused in the alleged smuggling of narcotics worth Rs 2,700 crore from Pakistan, who was lodged in a jail in Amritsar, died Sunday, with Chief Minister Amarinder Singh ordering a magisterial......
03:34, 07/22/2019

Railways Gets Rs 65,837 Crore, Budget Focus On Public-Private Partnership Railways received a budgetary allocation of Rs 65,837 crore and highest ever outlay for capital expenditure amounting to Rs 1.60 lakh crore in the Budget for the year 2019-20 presented on Friday,......
00:34, 07/06/2019

LED Bulbs Distributed Under Ujala Scheme Saving Rs 18,342 Crore Annually Union Budget: The main objective of the Ujala scheme is to promote efficient lighting, enhance awareness on using efficient equipment which reduces electricity bills and helps in preserving the......
13:34, 07/05/2019

Shocking Letter Offers "1 Crore" For "Capture" Of Mamata Banerjee The full text of the letter describes Bengal Chief Minister Mamata Banerjee as a "demon" and a "jihadi" and offers the Rs 1 crore reward to anybody who has knowledge or information of the Chief......
22:00, 06/09/2019

Opposition Leaders Link Maharashtra Minister To 340 Crore Scam Opposition leaders on Thursday staged a protest, accusing Maharashtra Revenue Minister Chandrakant Patil of involvement in a "Rs 342 crore scam" pertaining to two land deals in Pune district....
03:17, 06/28/2019

Centre To Earn Rs 25,000 Crore From Customs, Excise Duties Hike The government will earn a net Rs 25,000 crore from the increase in customs and excise duty on a host of products, including cigarettes, while the surcharge on super-rich would help garner additional......
00:34, 07/06/2019

Reliance Capital Redeems Commercial Paper Worth Rs 875 Crore The company also said that credit rating agency ICRA has revised the ratings on its short-term debt programme of Rs 950 crore to A4 on April 26, 2019....
16:51, 06/21/2019

Maharashtra Government Presents Rs 20,292 Crore Revenue Deficit Budget Maharashtra government today presented an additional budget for 2019-20 with a revenue deficit of Rs 20,292.94 crore, higher than last year's deficit of Rs 14,960.04 crore....
18:17, 06/18/2019

TCS Kicks Off Earnings Season With Rs 8,131 Crore Profit In June Quarter TCS Share Price: Tata Consultancy Services' (TCS) net profit rose 0.06 per cent to Rs 8,131 crore compared with net profit of Rs 8,126 crore during the previous quarter....
20:34, 07/09/2019

"Deposit 18,000 Crore For Travel Abroad": Court To Jet's Naresh Goyal If Naresh Goyal, founder of the cash-strapped Jet Airways, wants to go abroad, he should first deposit as guarantee Rs 18,000 crore his company owes to lenders, the Delhi High Court observed Tuesday......
16:17, 07/09/2019

Gold Worth Over Rs 1 Crore Seized From 18 Dubai, Colombo Passengers Gold worth over Rs one crore has been recovered from 18 air passengers who arrived from Dubai and Colombo on Saturday, the Customs Department said Sunday....
19:34, 04/28/2019

My Father Paid 6 Crore To Arvind Kejriwal For Ticket: AAP Candidate's Son Just a day before polling in Delhi, the son of an Aam Aadmi Party candidate made a sensational allegation on Saturday, claiming that his father had paid Rs 6 crore to party chief and Delhi Chief......
22:34, 05/11/2019

Heroin Worth Rs 25 Crore Recovered Near International Border In Jammu The Border Security Force (BSF) Thursday recovered five kilograms of heroin worth Rs 25 crore near the International Border (IB) in Jammu and Kashmir, foiling an attempt by the drug traffickers to......
03:00, 06/21/2019

Court Orders Nirav Modi, Aides To Pay Over Rs 7,200 Crore, With Interest The Debt Recovery Tribunal in Pune on Saturday directed fugitive diamond merchant Nirav Modi, who is currently lodged in a London prison, and his aides to pay more than Rs 7,200 crore with interest to......
15:17, 07/06/2019

Bridgestone To Invest Over Rs. 350 Crore In India To Expand Indore Plant With this expansion, the capacity of the Indore plant will go up to over 20,000 tyres a day by 2020.This expansion will enable Bridgestone India to meet the increased demand for its products....
07:00, 07/10/2019

Rajasthan Budget: Rs 1,000 Crore Farmers' Welfare Fund Announced Rajasthan Budget: From farming, irrigation, renewable energy and health sectors, the budget presented by Chief Minister Ashok Gehlot came with many offerings for the people of the state....
15:51, 07/10/2019

Despite Rs 600-Crore Budget, Cattle Deaths Cast Shadow Over UP Shelters When four calves died at a state-run cattle shelter in East Uttar Pradesh's Ballia district two days ago, tehsildar Shiv Sagar Dubey was one of the first to arrive at the scene. Through a mobile phone......
18:34, 07/16/2019

Government Aims To Raise Rs 15,000 Crore By Stake Sales: Report Finance Minister Nirmala Sitharaman set an ambitious target of Rs 1.05 lakh crore ($15.33 billion) from the sale of stakes in state-run companies, compared with Rs 85,000 crore the previous year, in......
15:17, 07/08/2019

Open Defecation At Uttarakhand's Rs 200-Crore Weddings, Guptas Fined The ski resort of Auli in Uttarakhand, the scene of the high profile weddings of two sons of South Africa-based businessmen Gupta brothers, has been cleaned, top officials of the Joshimath......
18:00, 06/30/2019

Railways: Rs 65,837 Crore Budgetary Support, Rs 1.60 Lakh Cr Capex Outlay Union Budget 2019: "Railways will be encouraged to invest in suburban railways through special purpose vehicles (SPVs) and enhance metro rail network through PPPs," Nirmala Sitharaman said....
13:34, 07/05/2019

Richest Poll Candidate, Worth Rs 1,107 Crore, Loses His Deposit The richest candidate in the Lok Sabha elections -- Ramesh Kumar Sharma, an Independent from the Patliputra seat in Bihar who declared over Rs 1,107 crore -- lost his deposit as he could manage only......
22:34, 05/25/2019

Rs 400 Crore Plot Belonging To Mayawati's Brother Seized By Taxmen A plot of land in Noida near Delhi worth Rs 400 crore, said to belong to Uttar Pradesh politician Mayawati's brother, was seized by the Income Tax department today....
12:34, 07/18/2019

Tax Officials Attach Rs 400 Crore Plot Belonging To Mayawati's Brother The Income-Tax Department has attached a "benami" plot worth Rs 400 crore in Noida belonging to BSP chief Mayawati's brother and his wife, an official order said....
12:34, 07/18/2019

2 Crore Houses To Be Built In Villages Under PM Housing Scheme: President Nearly two crore houses will be built in villages under the Pradhan Mantri Awas Yojana in the next three years, President Ram Nath Kovind said on Thursday....
17:34, 06/20/2019

Union Budget: Over Rs 17,800 Crore Allocated To External Affairs Ministry Over Rs 17,800 crore has been earmarked for the Ministry of External Affairs in the 2019-20 Budget, an increase of more than Rs 2,800 crore over the previous fiscal, with a massive jump in aid......
18:17, 07/05/2019

Tejashwi Yadav Seeks Rs 10,000-Crore Help From Centre For Flood-Hit Bihar Rashtriya Janata Dal leader Tejashwi Yadav on Saturday urged Prime Minister Narendra Modi-led central government to declare Bihar floods as a national calamity and sought a financial assistance of Rs......
18:17, 07/20/2019

Reliance Industries Reports Net Profit Of Rs 10,104 Crore In June Quarter Reliance Industries earnings, Reliance Industries share price: Reliance Industries results: RIL shares finished 1.01 per cent lower at Rs 1,249 apiece on the BSE ahead of the earnings announcement by......
16:17, 07/19/2019

Probe Agency Attaches Assets Of Over Rs 9,000 Crore Of Sterling Biotech The Enforcement Directorate (ED) has attached assets worth over Rs 9,000 crore in connection with its money laundering probe against Gujarat-based pharmaceutical firm Sterling Biotech, which is......
11:17, 06/26/2019

Infosys Beats Estimates In June Quarter With Rs 3,802 Crore Profit Infosys, the country's second largest software services company, on Friday reported a net profit of Rs 3,802 crore for the quarter ended June 30. That marked a decline of 6.76 per cent compared to the......
15:34, 07/12/2019

Odisha Railway Sector Allocated Rs 5993 Crore, Highest Ever The Union budget 2019-20 has allocated Rs 5993 crore for the railway sector of Odisha, registering an increase of Rs 741 crore from the last year's outlay, a railway official said on Wednesday....
01:00, 07/11/2019

Political Ad Spend Hits Rs 27.7 Crore On Facebook As Lok Sabha Polls End Led by the ruling Bharatiya Janata Party (BJP), political parties in India spent a total of Rs 27.73 crore on Facebook for posting political ads on the platform as the seven-phase general election......
18:34, 05/21/2019

Government Sees Rs 2.8 Lakh Crore Recovery From IBC Resolution Process The pre-resolution processes have yielded results in 6,500 cases netting Rs 3 lakh crore on dead assets, according to a Ministry of Corporate Affairs official....
16:34, 05/19/2019

Centre Releases Rs 1,000 Crore Additional Relief To Cyclone-Hit Odisha The Home Ministry Monday announced the release of an additional Rs 1,000 crore to the cyclone-hit Odisha as announced by Prime Minister Narendra Modi....
20:00, 05/06/2019

Top Court To Hear Case Against LIC For "Duping" 5 Crore Policy Holders A non-profit organization engaged in promoting financial literacy has moved the Supreme Court, alleging cheating, especially of senior citizens, by the Life Insurance Corporation (LIC) through its......
23:51, 07/04/2019

Lawsuit Alleges Buffalo Wild Wings Managers Gave the Green Light to Refuse Black Customers Perhaps you’ve heard the stories about how black people don’t tip, without deconstructing the reasoning as to why that might be. Or perhaps you’re just one of many racist managers at Buffalo Wild Wings who’ve relied on this stereotype to justify refu...
17:00, 05/22/2019

Anil Ambani In Talks To Sell Radio Unit For Rs 1,200 Crore: Report The planned exit from the radio business is part of efforts by Anil Ambani, 59, to cut wider group liabilities after a debt-fueled expansion in the past decade strained finances, while a subsequent......
14:34, 05/27/2019

Kamal Nath Seeks Rs 800 Crore From Centre To Tackle Crime Against Women Madhya Pradesh Chief Minister Kamal Nath has met Home Minister Amit Shah and asked him to release over Rs 800 crore as central grant to check crime against women and children in his state more......
07:17, 06/18/2019

Mutual Funds Outflow At 1.60 Lakh Crore In June: Industry Body In recent months, the mutual fund industry has been grappling with redemption pressure in the wake of debt crises at various groups, including IL&FS, Essel and DHFL...
21:34, 07/08/2019

Circular Economy Can Generate 1.4 crore Jobs In 5-7 Years: NITI Aayog CEO Circular economy has potential to create nearly one-and-half crore jobs in next five to seven years and create lakhs of new entrepreneurs, NITI Aayog CEO Amitabh Kant said in Delhi on Monday....
07:17, 06/18/2019

Odisha Government Says Cyclone Fani Caused Rs 525 Crore Infra Damage The Odisha Housing and Urban Development department on Tuesday said that Cyclone Fani that hit the coastal state on May 3 damaged Rs 525 crore worth of assets....
06:00, 05/15/2019

Investment Of Rs 50 Lakh Crore Planned For Railways By 2030: Piyush Goyal Union Railways Minister Piyush Goyal Saturday said the government was eyeing investment of Rs 50 lakh crore in railways by the year 2030 to make it the best in the world....
03:34, 07/07/2019

Government Clears Rs 3600 Crore Deal With Russia For 10 Kamov-31 Choppers The Defence Ministry on Friday approved Indian Navy's proposal to acquire 10 Kamov-31 choppers from Russia at a cost of around Rs 3,600 crore to strengthen its capability against aerial threats to its......
01:34, 05/04/2019

Link To Bihar's Encephalitis Deaths Affects Rs 100 Crore Litchi Business The luscious litchi has become an uncanny victim of unsubstantiated claims, which have affected both its cultivators as well as sellers in a place where it is abundantly grown....
19:51, 06/29/2019

Rapper Badshah Buys A Rolls-Royce Wraith Worth Rs. 6.46 Crore Under the hood it's the same 6.6-litre V12 twin-turbocharged engine which is good enough for 623bhp and 800Nm of torque. The engine is mated to an eight-speed automatic transmission which enables the......
17:34, 05/03/2019

Electoral Bond Sale Jumps 157% In Poll Season, Touches Rs 3,622 Crore Electoral bonds have seen a 157% jump in sales during election season, notching Rs 3,622 crore in the March-April period. This comes up to almost double the bonds that were sold in the last 10 months....
19:51, 05/10/2019

Crisil Downgrades Rs 850-Crore Dewan Housing Finance Commercial Papers DHFL, as a strategic decision, did not resort to securitisation of readily available housing loans to prop up the liquidity levels, Crisil said. It also said DHFL's liquidity levels are expected to......
21:51, 05/13/2019

209 Crore Assets Seized, Karnataka Minister Summoned In IMA Jewels Scam The ED Friday said it has attached assets worth Rs 209 crore, including 20 immovable properties and bank deposits, in its money laundering probe into the alleged IMA group ponzi scam of Karnataka....
01:51, 06/29/2019

Manoj Tiwari Sued For Defamation After Rs 2,000 Crore Delhi Scam Charge Delhi Deputy Chief Minister Manish Sisodia today slapped state BJP chief Manoj Tiwari and two others with a criminal defamation notice days after Mr Tiwari accused the national capital's ruling Aam......
19:17, 07/03/2019

Wipro Beats Street Estimates With June Quarter Profit Of Rs 2,388 Crore Wipro, the country's third largest software services company, on Wednesday reported a net profit of Rs 2,387.6 crore for the quarter ended June 30. That marked a decrease of 3.86 per cent compared to......
15:17, 07/17/2019

Mizoram Government Says Insect Outbreak Caused Rs 20-Crore Crop Loss The Mizoram government told the Centre about an estimated crop loss of Rs 20 crore caused by an outbreak of the 'Fall Army Worm' (FAW) in the state, a minister said on Tuesday....
13:17, 05/07/2019

Rs 100 Lakh Crore Spending Push In India Tops Agenda Of Modi 2.0 With revenues under strain, the government is borrowing more and seeking to extract additional capital from the central bank. Any further widening in the fiscal deficit would jeopardize the nation's......
10:00, 05/24/2019

Bad Loans Worth Rs 4 Lakh Crore Recovered In 4 Years: Nirmala Sitharaman The government has recovered non-performing assets (NPAs) worth Rs 4 lakh crore over the past four years, Finance Minister Nirmala Sitharaman said on Friday....
13:34, 07/05/2019

Budget 2019: Centre To Pump In Rs 70,000 Crore In State-Owned Banks To strengthen financial health of public sector banks (PSBs), Finance Minister Nirmala Sitharaman Friday said the government will pump in Rs 70,000 crore to boost their lending capacity....
00:34, 07/06/2019

National Beverage craters after a new lawsuit alleges the company made false claims about chemicals in LaCroix cans (FIZZ) National Beverage Corp. shares slid on the news that a lawsuit has been filed against its beverage company LaCroix. The lawsuit claims the president of National Beverage planned to prematurely state LaCroix cans were BPA free. National Beverage deni...
15:34, 06/12/2019

Rs 8 Crore Illegal Cash, Gold, Diamond Jewellery Found With Lottery Group Over Rs 8 crore of unaccounted cash along with unaccounted gold and diamond jewellery were found in searches at premises linked to a Coimbatore-based business group which handles lotteries run by some......
21:00, 05/04/2019

Air Force Signs Rs 300 Crore Deal To Procure SPICE-2000 Bombs From Israel The Indian Air Force has signed a Rs 300 crore deal with a Israeli defence firm to procure a batch of SPICE 2000 guided bombs, official sources said Friday....
23:51, 06/07/2019

Rs 15 Lakh Crore Highways To Make Khadi, Industries Global: Nitin Gadkari A go getter in PM Modi's cabinet, Union Minister Nitin Jairam Gadkari in his second innings has lined up big plans - from infusing Rs 15 lakh crore in highways to propelling GDP growth by globalising......
13:17, 06/05/2019

In IMA Jewels Scam, Muslim Cleric Allegedly Gifted 3-Crore House Arrested A prominent Muslim cleric was arrested yesterday by the Special Investigating Team (SIT) probing the Rs 15,000-crore IMA Jewels scam. He claimed he was "in no way connected with the IMA"...
11:51, 07/12/2019

"Biggest-Ever Drug Haul": Heroin Worth Rs 2700 Crore Seized In Punjab In its biggest ever narcotics haul, the Customs Department seized 532 kg of suspected heroin worth Rs 2,700 crore, which was smuggled into India from Pakistan in a truck through trade route at the......
18:00, 06/30/2019

What’s a Bad Bank and How Can It Help Deutsche Bank? When a lender is in trouble and decides to switch strategy, the solution can be what’s commonly referred to as a “bad bank.” It’s a plan that Deutsche Bank AG is said to be studying to help it return to profit by reducing its focus on investment bank...
11:17, 07/06/2019

N4T Investigators: Prescription Fraud TUCSON – State authorities have launched an investigation over claims that an employee of a local cancer center has been stealing opioids that are meant for patients. According to court documents, law enforcement has made contact with four vict...
07:34, 07/17/2019

100-Crore Worth Brown Sugar Seized In Manipur, Biggest Drug Bust In State An illegal drugs manufacturing factory was busted at Lilong Dam in Manipur's Thoubal district and 111.2 kg of brown sugar, worth over Rs 100 crore in the international market, was seized, police said......
07:00, 06/30/2019

SEC charges ex-Apple supplier with fraud One of the most famous lines in movie history was said during 1967's The Graduate. College grad Benjamin Braddock, played by a very young Dustin Hoffman, is getting advice about his future when a family friend seems ready to give him the secret to su...
00:00, 05/04/2019

Man arrested for fraud, theft in Sahuarita SAHUARITA – A man was taken into custody Thursday in connection to a vehicle theft that occurred April 21 in the parking lot of a grocery store in Sahuarita. Sahuarita Police Department investigated an incident where a suspect allegedly stole c...
00:17, 05/31/2019

Rita Ora's former accountant jailed over £3m fraud An accountant with high-profile clients such as singer Rita Ora and World Cup-winning rugby player Matt Dawson has been jailed for more than five years, after he committed a £3.35m fraud....
01:34, 05/09/2019

OVPD need help in identifying woman accused of fraud TUCSON – Oro Valley Police Department is on the lookout for a woman who allegedly used a fake ID and check at a Hobby Lobby on the northwest side in March. According to OVPD, the woman was seen using the fake ID and check at the store at Oracle...
13:17, 05/14/2019

Former hospital pharmacy director gets 4 years for fraud OMAHA, Neb. (AP) — A former pharmacy director has been sentenced to four years in prison for stealing more than $4.6 million from an Omaha hospital. Court records say 49-year-old Lisa Kwapniowski was sentenced Monday in U.S. District Court in Omaha. ...
14:51, 06/25/2019

They Were Promised Coding Jobs in Appalachia. Now They Say It Was a Fraud. Mined Minds came into West Virginia espousing a certain dogma, fostered in the world of start-ups and TED Talks. Students found an erratic operation....
11:34, 05/12/2019

Tucson man sentenced for Medicare fraud scheme TUCSON – A licensed podiatrist was sentenced on Friday to 24 months in prison for his role in a scheme that defrauded Medicare out of thousands of dollars. Officials say Loren Wessel, 55, of Tucson admitted to submitting false claims to Medicare from...
01:17, 05/22/2019

Three more former Abraaj executives face U.S. fraud charges U.S. prosecutors on Thursday unveiled criminal charges against three more former executives of collapsed Dubai private equity firm Abraaj Capital Ltd, accusing them of taking part in a massive international scheme to defraud investors....
19:34, 06/13/2019

Trump pardons friend who was convicted of fraud US President Donald Trump has pardoned former media mogul Conrad Black, who served more than three years in prison after being convicted of fraud and obstruction of justice in 2007....
10:51, 05/16/2019

Manafort pleads not guilty to NY fraud charges President Donald Trump's former campaign chairman has pleaded not guilty to state mortgage fraud charges in New York City. (June 27)        ...
22:34, 06/27/2019

Ex-Sacramento Kings executive gets 7 years for fraud SAN FRANCISCO (AP) — A federal judge has sentenced a former top Sacramento Kings executive to seven years in prison for wire fraud and aggravated identity theft. Jeffrey David is the team’s former chief revenue officer. In December he pleaded g...
02:00, 06/25/2019

India's PNB says detects 38 billion rupee fraud India's state-run Punjab National Bank (PNB) on Saturday said it had reported a borrowing fraud of 38.05 billion Indian rupees ($556 million) in Bhushan Power & Steel Ltd's account to the country's central bank....
22:17, 07/06/2019

Facebook met with Dutch regulators over ad fraud: lawyer Facebook is in talks with Dutch regulators about how to stop criminals who place advertisements for scam products on the internet company's platform, a lawyer said on Wednesday....
19:00, 06/05/2019

Exchanges Shy Away From Mini-IPOs After Fraud Concerns Nasdaq Inc. and the New York Stock Exchange are pulling back from a fast-track IPO process for small companies known as Reg A+, following a spate of embarrassing listings....
16:51, 06/10/2019

Brees awarded $6M in diamond fraud lawsuit A jury has awarded more than $6 million to Saints quarterback Drew Brees in a lawsuit that claimed a San Diego County jeweler sold him overpriced diamonds....
09:51, 06/22/2019

Former MillerCoors VP sentenced for $8 million fraud scheme CHICAGO — A former vice president at MillerCoors was sentenced to 42 months in prison for defrauding the brewer of millions of dollars during a decade-long scam. David Colletti pleaded guilty to wire fraud in 2016. However, U.S. District Judge Jorge ...
14:51, 05/17/2019

New code will protect payment fraud victims Consumers that have been tricked into transferring money to fraudsters could be entitled to reimbursement thanks to a new voluntary industry code that recently came into force.Under the new code, victims will be able to get their money back in cases ...
02:17, 05/29/2019

AT&T will automatically block fraud calls for new customers AT&T is making quick use of FCC rules explicitly allowing carriers to block robocalls by default. The network will start automatically blocking fraud calls (and issuing suspected spam call alerts) for new phone customers as a matter course, at n...
21:51, 07/09/2019

4 from Indiana sentenced for veterans' fundraising fraud Four southern Indiana residents have been sentenced after authorities say they pocketed more than $125,000 through fundraisers touted as benefiting veterans and their families....
19:51, 05/31/2019

Facebook met with Dutch regulators over ad fraud - lawyer Facebook is in talks with Dutch regulators about how to stop criminals who place advertisements for scam products on the internet company's platform, a lawyer said on Wednesday....
19:00, 06/05/2019

4 from Indiana sentenced for veterans’ fundraising fraud NEW ALBANY, Ind. (AP) — Four southern Indiana residents have been sentenced after authorities say they pocketed more than $125,000 through fundraisers touted as benefiting veterans and their families. Federal prosecutors say James Linville was senten...
19:17, 05/31/2019

Airline charges passenger over $100,000, alleges 'aggressive, abusive and dangerous behavior' A passenger accused of severe misbehavior on a Jet2 flight that had to return to London’s Stansted Airport has received a huge bill from the airline.       ...
17:34, 07/18/2019

After years of right-wing harassment, journalist alleges YouTube is 'catering to monsters' After an investigation, YouTube announced yesterday that Steven Crowder will not be blocked from the video platform.        ...
00:51, 06/06/2019

Hackers stole cash from 100 Amazon sellers in 'serious' fraud Amazon and its sellers are now believed to be the victim of a substantial fraud campaign. A newly public legal filing obtained by Bloomberg has revealed that Amazon reported a "serious" campaign that compromised the accounts of roughly 100 sellers b...
02:17, 05/09/2019

Google to Refund Advertisers After Suit Over Fraud Scheme Google has agreed to refund advertisers for ads purchased through its ad marketplaces that ran on websites with fraudulent traffic, following a lawsuit claiming the tech giant was withholding those back-payments, according to court documents and peop...
02:51, 05/18/2019

Bart Reagor: ‘I don't have anything to hide' amid fraud charges Bart Reagor says in a video released by a Houston consulting firm that he had no idea rampant floorplanning fraud was occurring beneath him at his now-bankrupt Texas dealership group....
23:34, 06/24/2019

Trump slams NYT story on Mexico pact as a ‘FRAUD’ and ‘hit job’ President Trump slammed The New York Times on Monday over an article on the administration’s immigration deal with Mexico that he called a “FRAUD” and a “hit job” -- while also warning that if Mexico's legislature does not approve the pact, he will m...
19:00, 06/10/2019

Former HP boss Whitman says 'not protecting herself' in Autonomy fraud allegation Former Hewlett-Packard boss Meg Whitman denied on Thursday she was trying to protect her own reputation when she accused the leaders of Autonomy, the British software firm HP acquired in 2011, of a fraud that inflated its value by $5 billion....
22:34, 06/06/2019

Losing-Ass Rockets, At Long Last, Please Remove Yourselves To The Fraud Bin Immediately I’m sure most Rockets fans are lovely people. The Rockets have a fine basketball organization, as creative and nimble and determined as any in the NBA. And James Harden genuinely is one of the most unstoppable offensive players in modern basketball h...
09:51, 05/11/2019

FCA issues £45.5m fine over HBOS Reading fraud scandal Bank of Scotland (BoS) has been fined £45.5m by the City regulator for failures to disclose suspicions of fraud at its scandal-hit Reading branch....
11:34, 06/21/2019

How to freeze your credit to prevent fraud or identity theft Mangostar / Shutterstock.com Freezing your credit is a free way to stop activity on your credit report if you suspect your identity or data was breached or stolen. A credit freeze is free, doesn't damage your credit score, and you can lift it when y...
02:17, 06/14/2019

Apple's would-be sapphire glass supplier charged with fraud Not that long ago, Apple was going to build iPhone screens using sapphire glass, but that didn't work out so well. It loaned $578 million to a company called GT Advanced Technologies, which was supposed to build highly scratch-resistant screen c...
17:00, 05/06/2019

Fraud trial abandoned because expert witness had no expertise Past carbon credit convictions may be unsafe after Andrew Ager found to be unqualifiedThe safety of convictions secured in more than 20 fraud trials may have to be examined after an expert witness was found to be inadequately qualified.The Crown Pros...
00:17, 05/30/2019

Prominent upstate New York landlord indicted for fraud BUFFALO, N.Y. (AP) — Prominent upstate New York landlord Robert Morgan was charged Wednesday in a 114-count federal indictment with inflating property values in his expansive real estate portfolio to secure more than $500 million in loans. The indict...
23:34, 05/22/2019

Drew Brees awarded $6M in diamond-fraud lawsuit SAN DIEGO — A jury has awarded more than $6 million to New Orleans Saints quarterback Drew Brees in a lawsuit that claimed a San Diego County jeweler sold him overpriced diamonds. The San Diego Union-Tribune says a Superior Court jury made the award ...
08:34, 06/22/2019

Ticketmaster fights ticket fraud with 'refreshing' barcodes Ticketmaster is trying a new way to combat ticket fraud: make the ticket change on its own. It's introducing a SafeTix system that gives ticket buyers a unique, encrypted barcode that refreshes every few seconds. You can't copy the ticket...
20:17, 05/15/2019

Paul Manafort will be in Manhattan court for fraud, other charges President Trump’s former campaign manager Paul Manafort is scheduled to be arraigned Thursday in Manhattan Supreme Court on charges of residential mortgage fraud and other state crimes, officials said. Manafort, who is currently being held in a feder...
22:00, 06/26/2019

Ex-Goldman exec in court in Malaysia fraud case A former Goldman Sachs executive accused in the alleged multibillion-dollar ransacking of a Malaysian state investment fund made an initial court appearance in the U.S. His attorney says he will fight the charges. (May 6)     ...
07:17, 05/07/2019

Former Abraaj executive gets bail in New York in fraud case A U.S. district court has granted bail to a former managing partner of collapsed private equity firm Abraaj, Mustafa Abdel-Wadood, on condition that he sign a $10 million bond and remain confined to a New York apartment, court documents showed....
18:17, 04/30/2019

Six Years Ago, He Helped Expose VW’s Diesel Fraud. This Year, G.M. Let Him Go. Hemanth Kappanna’s research helped plunge Volkswagen into a scandal that continues to plague it. In February, he got two months’ pay and a one-way ticket to India....
01:00, 05/07/2019

NFL QB Drew Brees awarded $6M in diamond fraud lawsuit New Orleans Saints quarterback Drew Brees won more than $6 million in a San Diego court Friday over a lawsuit that claimed he had been sold overpriced diamonds from a jeweler more than a decade ago....
20:17, 06/22/2019

Manhattan developer busted in mortgage fraud scheme A noted Upper East Side real estate developer took out fraudulent loans that allowed her to blow millions on Rolexes, jewelry, gold coins and lavish ski trips — declaring bankruptcy when it all went bust, prosecutors allege. British born developer Pe...
01:00, 07/11/2019

Ex-Autonomy CFO jailed for five years over Hewlett-Packard fraud Sushovan Hussain also fined $4m by US district judge over role of sale in British firm to Hewlett-PackardThe former chief financial officer of Autonomy has been jailed for five years, after a US jury found him guilty of fraud over the $11.1bn (£8.5bn...
03:17, 05/14/2019

Spain deports 94 Taiwanese to Beijing for telecom fraud Ninety-four people from Taiwan landed in Beijing on Friday after being deported from Spain as part of a joint operation against telecom fraud launched three years ago, the Chinese police ministry said in a statement....
09:34, 06/07/2019

KVOA Viewers help identify Sahuarita fraud suspect SAHUARITA, Ariz. – KVOA viewers helped Sahuarita Police identify a suspected thief who used stolen credits cards throughout the Tucson vicinity. It was a Crime Trackers report that aired in April, now Sahuarita Police need your help to find Jessica D...
05:51, 07/16/2019

Online Ad Fraud Is Down, Study Finds---or at Least It's Harder to Detect Marketers are expected to waste $5.8 billion this year on buying online ads that will be viewed by bots instead of humans—an 11% decline from the amount estimated to have been lost to fraud in 2017....
21:00, 05/01/2019

Prosecutor: Proof of election fraud in US House race in Va. NORFOLK, Va. (AP) — A special prosecutor in Virginia says he’s presented two indictments of election fraud against a person who worked on a Republican congressman’s doomed re-election campaign. Special prosecutor Donald Caldwell announced...
22:00, 05/06/2019

| Amnesty International suspends Zimbabwe office over 'fraud' Amnesty International has suspended its local branch in Zimbabwe after uncovering evidence of fraud, in the first such move by the rights advocacy group....
15:17, 05/31/2019

Shakira denies any wrongdoing in Spanish tax fraud case Shakira’s PR firm says she has denied any wrongdoing when she testified before a judge in an investigation into her alleged tax evasion in Spain.        ...
14:51, 06/06/2019

SEC Moves to Ease Fraud Audits for Smaller Companies The Securities and Exchange Commission voted 3-1 to advance a proposed rule that would exempt public companies with less than $100 million in annual revenue from regular outside audits....
19:00, 05/09/2019

Carter Page alleges extensive contacts with alleged FBI informant, as Strzok-Page texts draw renewed scrutiny Following President Trump's decision to allow the declassification of key Russia records at Attorney General Bill Barr's discretion, former Trump campaign aide Carter Page told Fox News his contact with alleged FBI informant Stefan Halper at a pivota...
01:17, 05/29/2019

Ecuador president blocks extradition of man accused of Facebook fraud Ecuador's President Lenin Moreno has blocked the extradition to the United States of a New York man charged with trying to defraud Facebook Inc founder Mark Zuckerberg, a document obtained by Reuters showed on Friday....
04:34, 06/08/2019

SIM swap fraud leaves two-factor authentication users at risk Financial and online services need to abandon the two-factor authentication process for sending tokens via SMSs as bad players are not only using it to steal credentials and capture one-time passwords (OTPs) but also cause financial damage to victims...
11:34, 05/21/2019

Big music fest abruptly ended over fraud suspicion, security BRUSSELS (AP) — A music festival in Belgium featuring major stars like rapper Cardi B has come to an abrupt end amid security concerns and a fraud investigation. VestiVille was canceled Friday, the start of the three-day event, with thousands of fest...
19:34, 06/29/2019

Chinese VidMate app fraud hits up to half a billion users New research from Upstream has revealed that the popular Android app VidMate has been hijacking user's smartphones to use additional data, incur unwanted charges and collect personal information.Currently the app, which allows users to stream an...
23:17, 05/20/2019

UPDATE 1-U.S. charges ex-CEO of cryptocurrency company Longfin with $66 million fraud U.S. prosecutors said on Wednesday the former chief executive of Longfin Corp has been indicted for engineering an accounting fraud that inflated the revenue of the now-defunct cryptocurrency company by more than $66 million....
23:51, 06/05/2019

Impoverished French given poor quality meat in fraud scheme French authorities have launched an investigation into an alleged fraud scheme involving French and Polish companies suspected of providing minced meat of extremely poor quality to charities....
17:51, 06/07/2019

Polish court says founders of financial scam guilty of fraud A Polish court says the two founders of a notorious pyramid scheme are guilty of fraud for cheating thousands of people out of their savings, worth $219 million, in one of the nation’s biggest financial scandals...
12:17, 05/20/2019

Fraud, private jets and a Lamborghini: 10 televangelists who have faced controversy From buying a Lamborghini as an anniversary gift to turning away hurricane evacuees, these televangelists have caught flak.        ...
19:34, 06/17/2019

‘Pharma Bro’ Martin Shkreli files $30M fraud lawsuit from prison The fraudster says he got defrauded. “Pharma Bro” Martin Shkreli, who is doing time in federal prison in Pennsylvania for defrauding investors, filed a lawsuit in federal court in Manhattan on Friday claiming that three people connected w...
01:00, 06/01/2019

"Have Just One Voter ID Card": Gautam Gambhir On AAP Claim Of Poll Fraud BJP candidate Gautam Gambhir today rejected allegations by the Aam Aadmi Party (AAP) that he is a registered voter at two different places in Delhi, saying that he only has a single voter identity......
21:17, 04/30/2019

KPMG fined $50 million for using stolen data, exam fraud: U.S. SEC KPMG LLP has agreed to pay a $50 million fine over allegations former staffers used stolen information to alter some of the accounting firm's previous audit work and cheated on training exams, the U.S. Securities and Exchange Commission said on Monda...
18:34, 06/17/2019

Judge rejects public defender for Avenatti in fraud case SANTA ANA, Calif. (AP) — A federal judge has rejected attorney Michael Avenatti’s request to be represented by a public defender in a case alleging he stole from clients, cheated on his taxes and committed bank fraud. Judge James Selna denied t...
01:51, 05/15/2019

Court hears appeal on ‘Pharma Bro’ Shkreli’s fraud case NEW YORK (AP) — A federal appeals court in New York City heard arguments Friday over whether the securities fraud conviction against former drug company CEO Martin Shkreli, known as “Pharma Bro,” should be thrown out. Defense attorney Mar...
19:34, 06/28/2019

How an insane demand for truffles is leading to sabotage, fraud and death Garbriele Caporale had taken precautions. One afternoon in 2009, he put a muzzle on his cocker spaniel before they went out to search for valuable white truffles in the hills of Perano, a town in Abruzzo, Italy, about 160 miles east of Rome. Lately, ...
18:17, 06/01/2019

Prosecutors probe alleged fraud in Istanbul local elections Turkey's state-run news agency says prosecutors have launched investigations into alleged irregularities during local elections in Istanbul that resulted in a narrow victory for the opposition....
13:00, 05/02/2019

Russian TV channel uncovers fraud in talent show voting Russia’s Channel One TV has annulled the results of a popular TV talent show after uncovering evidence of fraud in its most recent competition that led to a landslide win for a pop star’s daughter...
23:51, 05/16/2019

Turkey: Election fraud suspects accused of extremist ties ISTANBUL (AP) — Turkey’s official news agency says an investigation of local election fraud in Istanbul found 43 suspects had alleged links to the network of a Muslim cleric that the government considers a terrorist organization. Anadolu Agency...
17:00, 05/05/2019

Former Abraaj Private-Equity Executive Pleads Guilty to Fraud A former Abraaj Group executive pleaded guilty in New York to engaging in racketeering and fraud at what was once the world’s largest emerging-markets private-equity firm....
23:51, 06/28/2019

Elizabeth Holmes to Face Trial Next Year on Fraud Charges The Theranos founder and her former deputy will face trial in federal court in August 2020 for charges that they lied to doctors and patients about blood-test results and deceived investors about the disgraced startup’s finances....
23:51, 06/28/2019

Service dog trainers are barely regulated, leading to incompetence, fraud Service dog trainers have almost no regulation or oversight, so needy, desperate families are vulnerable to incompetence and fraud.        ...
20:51, 05/05/2019

‘Tyrant’ Jean Pigozzi fired me for confronting him about tax fraud: ex-manager The former business manager for Simca automobile heir Jean “Johnny” Pigozzi says his boss was a needy “tyrant” who fired him after he confronted him about tax fraud. Peter Sung says in his new Manhattan Supreme Court lawsuit that he worked for Pigozz...
03:34, 05/03/2019

Manafort pleads not guilty to New York mortgage fraud charges President Trump’s imprisoned former campaign chairman, Paul Manafort, pleaded not guilty Thursday to state mortgage fraud charges during an arraignment hearing in a New York City courtroom....
23:00, 06/27/2019

U.S. charges New York man who boasted of huge investment returns with fraud A New York man who boasted of generating returns of 362% in fewer than five years by day-trading Standard & Poor's 500 futures contracts was charged by U.S. authorities on Friday with defrauding investors out of more than $19 million and spending muc...
02:00, 06/29/2019

Paul Manafort pleads not guilty to fraud charges in New York President Trump’s former campaign chairman Paul Manafort pleaded not guilty Thursday to charges he lied in paperwork to obtain millions of dollars in loans. Manafort, 70, is facing a 16-count indictment filed by state prosecutors related to his prope...
21:34, 06/27/2019

Pop singer Shakira faces tax fraud accusation in Spanish court Colombian singer Shakira appeared in a Spanish court on Thursday to answer to tax fraud charges, with prosecutors accusing her of failing to pay up to 14.5 million euros ($16.29 million) in tax on income earned between 2012 and 2014....
12:00, 06/06/2019

Fraud is expected to cost the ad industry $44B in 2022 — here’s how blockchain could help stop it Business Insider Intelligence This is a preview of a research report from Business Insider Intelligence. Current subscribers can read the report here. Blockchain technology promises to transform how nearly all industries manage data. Since roaring on...
08:51, 07/15/2019

Palermo Relegated From Italian Second Division Due To—Shocker!—Corruption And Fraud Just days before Palermo were set to play in the Italian second division promotion playoffs with a spot in Serie A hanging in the balance, the Italian soccer authorities hit the Sicilian club with a relegation penalty that will send them into the thi...
23:34, 05/14/2019

Woman arrested in Sahuarita credit card fraud case TUCSON – Sahuarita Police Department arrested a woman in connection with a credit card theft case. Jessica Diaz was arrested by U.S. Marshals Service near Campbell Avenue and Irvington Road on Wednesday. Jessica Diaz News 4 Tucson viewers helped Sahu...
20:34, 07/18/2019

Sotheby's must face Russian billionaire's lawsuit over art fraud - U.S. judge A federal judge in New York rejected Sotheby's bid to dismiss a $380 million lawsuit where Russian billionaire Dmitry Rybolovlev accused the auction house of helping his longtime art dealer's scheme to overcharge him on dozens of masterworks....
22:17, 06/25/2019

Amazon Hit by Extensive Fraud With Hackers Siphoning Seller Funds Amazon was hit by an "extensive" fraud, revealing that unidentified hackers were able to siphon funds from merchant accounts over six months last year....
14:34, 05/09/2019

Former Milwaukee alderman faces federal wire fraud charge MILWAUKEE (AP) — A former Milwaukee alderman has been charged with wire fraud in a case linked to strip clubs, alleged bribery and public corruption. Federal prosecutors allege 56-year-old Willie Wade collected $30,000 in cash by claiming he was nego...
15:17, 05/09/2019

Senegal President's brother resigns after allegations of energy fraud The brother of Senegal's President Macky Sall has resigned from his government post after allegations of fraud relating to natural gas contracts, he said on Monday....
21:34, 06/24/2019

4 Tennessee pain clinics accused in fraud scheme have closed NASHVILLE, Tenn. (AP) — Four Tennessee pain management clinics have abruptly closed amid state and federal health insurance fraud investigations. The Tennessean reports the clinics formerly with PainMD and rebranded under the name Rinova officially c...
13:00, 05/10/2019

| Madagascar leader sees parliament win amid fraud complaints Madagascar President Andry Rajoelina says he believes his party and allies are on course for a majority in the country's new parliament, but the opposition alleges that "anomalies" have been detected in the vote....
21:17, 05/29/2019

Man Pleads Guilty To Not Reporting Dad’s Death, Social Security Fraud (LEX 18) — A northern Kentucky man has pleaded guilty to concealing his father’s death for nearly five years, in order to keep receiving the Social Security benefits. Authorities say Robert Howard pleaded guilty to one count of Social Sec...
18:51, 06/23/2019

Lawyer Michael Avenatti due in California court on fraud charges Michael Avenatti, the combative lawyer known for his battles with U.S. President Donald Trump, was due to be arraigned in a Santa Ana court on Monday on 36 counts of fraud, identity theft and other financial crimes....
12:34, 04/29/2019

Disgraced ex-DOC head Joseph Ponte may have committed tax return fraud The city’s former jails chief, who resigned under fire in 2017 after he was caught using a government vehicle for personal jaunts, may have broken the law again over related tax filings, The Post has learned....
09:00, 05/13/2019

Ex-Autonomy CFO sentenced in U.S. to 5 years prison over Hewlett-Packard fraud The former chief financial officer of British software company Autonomy was sentenced on Monday to five years in prison, after a U.S. jury found him guilty of fraud over the $11.1 billion sale of Autonomy in 2011 to Hewlett-Packard....
00:17, 05/14/2019

Michael Avenatti says he will plead not guilty to fraud charges in California Prosecutors claim that Avenatti hid and then spent a $4 million legal settlement obtained in January 2015 in favor of a mentally ill paraplegic client, and hid a $2.75 million settlement for another client....
16:00, 04/29/2019

Jay Onrait destroys Chris Broussard: ‘Biggest f–king fraud’ Kawhi Leonard kept his move to the Clippers under wraps until the last possible second. And those who claimed to know otherwise were quickly proven wrong, chief among them Chris Broussard. Broussard, who works for FS1, has a history of questionable r...
00:17, 07/11/2019

Jury awards $6M in Drew Brees diamond-fraud lawsuit SAN DIEGO (AP) — A jury has awarded more than $6 million to New Orleans Saints quarterback Drew Brees in a lawsuit that claimed a San Diego County jeweler sold him over-priced diamonds. The San Diego Union-Tribune says a Superior Court jury made the ...
06:17, 06/22/2019

Autonomy founder Lynch denies wrongdoing in HP fraud case Mike Lynch, once hailed as Britain's answer to Bill Gates, denied all claims against him on Wednesday when he kicked off what is expected to be a month-long testimony in his multibillion-dollar fraud battle with Hewlett-Packard (HP)....
19:00, 06/26/2019

Ex-hedgie Mark Nordlicht and associate found guilty of fraud An alleged Ponzi schemer — whose trial turned into a circus when he got caught on video trying to physically attack a federal prosecutor — was found guilty of three counts of fraud on Tuesday. Mark Nordlicht in May had lunged at Assistant US Attorney...
23:51, 07/09/2019

Fake heiress who dazzled New York elite gets 4 to 12 years for fraud A German woman who posed as a wealthy heiress to scam New York hotels, fashionable friends and banks with a blizzard of forged documents was sentenced to four to 12 years in prison on Thursday after a jury convicted her of fraud last month....
00:17, 05/10/2019

Artist Peter Max allegedly taken advantage of in wild fraud cases Peter Max, the 1960s artist and pop icon known for his psychedelic images bursting with colors, The New York Times reported, has allegedly been taken advantage of in wild fraud cases involving family and friends....
06:00, 05/29/2019

Martin Shkreli’s fraud conviction affirmed by appeals court An appeals court Thursday affirmed the 2017 securities fraud conviction of “pharma bro” Martin Shkreli. The United States Court of Appeals for the Second Circuit ruled it found arguments that Shkreli was convicted following faulty jury instructions b...
17:51, 07/18/2019

Woman who threw big prom party spared prison term for fraud PHILADELPHIA (AP) — A Philadelphia woman who made headlines for an elaborate prom send-off has been spared a prison term for Social Security fraud. Saudia Shuler was ordered Wednesday to pay back the nearly $37,000 in benefits, do 100 hours of commun...
15:17, 05/09/2019

Benjamin Netanyahu’s wife takes plea deal in fraud case Israeli Prime Minister Benjamin Netanyahu’s wife, Sara, agreed Wednesday to cop a plea to settle allegations she misused some $100,000 of state funds on fancy catered meals. The State Attorney’s Office said she will cough up roughly $15,000 in ...
23:17, 06/12/2019

Airbus pulls anniversary book over fraud probe concerns: sources Airbus has halted sales of a new book that the planemaker had commissioned for its 50th anniversary to avoid hampering the manufacturer's attempts to win a settlement in a bribery probe, two people familiar with the matter said....
17:00, 07/12/2019

Doctor, medical funder charged in New York in transvaginal mesh fraud A doctor and a surgical funding consultant were arrested on Friday on charges that they defrauded women into having unnecessary surgeries to remove transvaginal mesh implants in order to profit from settlements paid to the women by mesh manufacturers...
05:17, 05/25/2019

Lindsey Graham claims border fraud so prevalent ‘a terrorist could easily get in’ While Democrats criticize the Trump administration for the conditions children are kept in at the southern border, Sen. Lindsey Graham, R-S.C., is pointing out how children are being used by adults trying to get into the United States illegally....
18:34, 07/14/2019

Mumbai Indians Pacer Rasikh Salam Suspended For Two Years For Age Fraud The board in a release announced that Prabhat Maurya has replaced Rasikh Salam in the India U-19 squad that is set to play a one-day tri-series in England starting July 21....
03:00, 06/20/2019

Brazil gears up to enhance data analytics to tackle benefit fraud Interoperability and workforce training to use more data in decision-making are at the core of projects underpinning the reform of the country's pension system....
17:17, 07/12/2019

Berkshire takes $377 mln charge tied to solar company that US linked to fraud Warren Buffett's Berkshire Hathaway Inc on Wednesday said a $377 million charge it incurred recently was tied to a solar generation company that U.S. authorities have linked to fraud....
23:00, 05/08/2019

Ex-Telecom CEO and Ajit Pai Adviser Sentenced to Five Years for Fraud Totaling $270 Million The former CEO of an Anchorage-based telecom was sentenced on Friday to five years in prison after pleading guilty to defrauding New York investors of more than $270 million.Read more......
23:34, 06/21/2019

Melbourne students are guinea pigs for NEC's facial recognition fraud tech NEC's NeoFace facial recognition software will be used by Melbourne-based Cambridge Boxhill Language Assessments in a bid to ensure those sitting tests are those enrolled....
04:17, 05/20/2019

Fraud gang who used £10m online scam to pay for luxury lifestyle jailed for 43 years Fraudsters who duped victims out of £10 million to bankroll lavish lifestyles, including a shoe collection "to rival Imelda Marcos", have been jailed for a total of more than 43 years....
19:51, 05/09/2019

‘Lawless’ world of service dogs leaves families vulnerable to fraud APEX, N.C. — All the counseling, therapy and medication did little to ease 9-year-old Sobie Cummings’ crippling anxiety and feelings of isolation. And so a psychiatrist suggested that a service dog might help the autistic child connect with other kid...
22:00, 05/03/2019

Airbus pulls anniversary book over fraud probe concerns - sources Airbus has halted sales of a new book that the planemaker had commissioned for its 50th anniversary to avoid hampering the manufacturer's attempts to win a settlement in a bribery probe, two people familiar with the matter said....
13:34, 07/12/2019

ICICI Reported Most Number Of Fraud Cases In 11 Years Worth 5,000 Crores Of over 50,000 frauds that hit banks in India in the last 11 fiscal years, the ICICI Bank, State Bank of India (SBI) and HDFC Bank reported highest number of cases, according to an RBI data....
17:34, 06/12/2019

Michael Avenatti hires lawyer to defend him in federal fraud case A day after a federal judge rejected Michael Avenatti's request to be represented by a public defender, the embattled attorney announced Wednesday that he had hired his own private counsel....
23:51, 05/15/2019

Jury finds Platinum Partners founder guilty in fraud trial Mark Nordlicht, the founder of defunct hedge fund firm Platinum Partners, was found guilty on Tuesday of defrauding bondholders of an oil exploration company Platinum controlled, but cleared of charges that he defrauded investors in Platinum's hedge ...
22:00, 07/09/2019

Census plaintiffs seek sanctions against Trump administration for trial 'fraud' Civil rights groups who successfully blocked the Trump administration from adding a citizenship question to the 2020 U.S. census are seeking sanctions against government officials, saying they brazenly hid the truth about the inquiry's origins during...
01:17, 07/17/2019

DJ Aqeel Skips Questioning In Sterling Biotech Loan Fraud Case Popular disc jockey DJ Aqeel, the son-in-law of actor-director Sanjay Khan, on Monday skipped an Enforcement Directorate's summons in the Rs 8,100 crore Sterling Biotech loan fraud case....
16:00, 07/09/2019

Trump foe Michael Avenatti to face fraud charges in California courtroom Michael Avenatti, the combative lawyer known for his battles with U.S. President Donald Trump, was set to appear in a Santa Ana, California, courtroom on Monday to face criminal charges including fraud and identity theft....
16:00, 04/29/2019

Indonesia Court Rejects Presidential Candidate’s Voting Fraud Claims Judges threw out accusations by Prabowo Subianto, the son-in-law of the former dictator Suharto, clearing the way for a second term for President Joko Widodo....
17:34, 06/27/2019

North Carolina to hold congressional primary after race tainted by fraud North Carolina voters on Tuesday will start the process of picking a new Republican candidate for Congress after state officials ordered a rerun of a November 2018 race marred by an absentee-ballot fraud scheme....
14:00, 05/14/2019

Student caught in bribery scandal sues Georgetown for not realizing he was a fraud He may not play tennis, but he’s got plenty of balls. A Georgetown student whose dad paid $400,000 to get his son into the elite college as a sham tennis recruit is suing the university for planning to oust him — saying they should have known he was ...
04:00, 05/16/2019

Conrad Black: Trump pardons ex-media mogul convicted of fraud Black was convicted in 2007 of fraud and obstruction of justice and spent more than three years in prisonDonald Trump on Wednesday signed a full pardon for the former media mogul Conrad Black, who was convicted in 2007 of fraud and obstruction of jus...
04:34, 05/16/2019

Chinese man guilty of sending 1,500 fake iPhones to Apple in warranty fraud SALEM, Ore. — Over the span of two years, a Chinese national in Oregon sent devices that looked like iPhones to Apple, saying they wouldn’t turn on and should be replaced under warranty. He didn’t just submit a couple of the devices — he delive...
07:17, 05/23/2019

Chanda Kochhar Appears Before Enforcement Directorate In Loan Fraud Case Former ICICI Bank CEO Chanda Kochhar on Monday appeared before the Enforcement Directorate in connection with an alleged bank loan fraud and money laundering case registered against her....
10:34, 05/13/2019

Law granting illegal immigrants driver’s licenses could lead to voter fraud A loophole in the new law granting driver’s licenses to illegal immigrants could allow hundreds of thousands of people to fraudulently register to vote in New York, according to critics, the state Board of Elections and the bill’s own sponsor. “[A] m...
04:51, 06/19/2019

Appeals court upholds 'Pharma Bro' Martin Shkreli's fraud conviction A federal appeals court on Thursday refused to overturn the conviction of former pharmaceutical CEO Martin Shkreli, who's serving seven years in prison for fraud....
00:34, 07/19/2019

Enormous Fraud Anthony Joshua Knocked Out By Thirsty, Hungry Fella Andy Ruiz Jr. etched his name in boxing history on Saturday alongside the likes of Buster Douglas and James J. Braddock when he shockingly defeated British boxing sensation Anthony Joshua on a seventh-round TKO to become IBF, WBA, and WBO heavyweight...
22:34, 06/02/2019

Fake Saudi prince who flaunted on Instagram sentenced in fraud scheme Miami fraudster Anthony Gignac was sentenced Friday by a Florida judge to 18.5 years in prison for swindling $8 million from people by posing as Middle Eastern royalty, according to reports....
03:00, 06/02/2019

Fake heiress who dazzled New York's fashion elite to be sentenced for fraud A German woman who posed as a wealthy heiress to scam boutique New York hotels and fashionable friends in a confetti parade of bad checks will be sentenced in a state court on Thursday after a jury convicted her last month on multiple charges of larc...
19:34, 05/09/2019

'Pharma bro' Martin Shkreli's fraud conviction upheld by appeals court The three-judge panel in the U.S. Court of Appeals for the Second Circut also upheld the more than $7.7 million in fines and restitution that a judge imposed on Shkreli last year....
18:00, 07/18/2019

U.S. regulator accuses head of defunct British bitcoin company of $147 million fraud A U.S. commodities regulator has filed a lawsuit accusing a defunct British cryptocurrency company and its former principal of fraudulently misappropriating at least 22,858,322 bitcoin worth $147 million from more than 1,000 customers....
21:51, 06/18/2019

ICO fraud update: DJ Khaled and Mayweather walk free, Kevin Hart next to be investigated The US Court for the Southern District of Florida has dismissed the case of initial coin offering (ICO) fraud against DJ Khaled and boxer Floyd Mayweather. The court decided that despite Khaled and Mayweather shilled defunct cryptocurrency firm Centr...
16:34, 05/15/2019

VestiVille music festival in Belgium abruptly ended over security, fraud suspicion A music festival in Belgium featuring major stars like rapper Cardi B came to a chaotic end before it had even started.        ...
18:17, 06/30/2019

UPDATE 1-Doctor, medical funder charged in New York in transvaginal mesh fraud A doctor and a surgical funding consultant were arrested on Friday on charges that they defrauded women into having unnecessary surgeries to remove transvaginal mesh implants in order to profit from settlements paid to the women by mesh manufacturers...
05:17, 05/25/2019

Hawaii power couple charged with lavish fraud claim they can’t afford lawyer HONOLULU — Soon after a Honolulu prosecutor and her police chief husband were indicted and accused of a fraud scheme that funded their lavish lifestyle, they told a judge they couldn’t pay for lawyers to represent them. The public servant couple, who...
06:17, 06/18/2019

Berkshire takes $377 million charge tied to solar company that U.S. linked to fraud Warren Buffett's Berkshire Hathaway Inc on Wednesday said a $377 million charge it incurred recently was tied to a solar generation company that U.S. authorities have linked to fraud....
21:17, 05/09/2019

Atletico Madrid's Diego Costa accused of tax fraud by Spanish prosecutor Diego Costa has been accused of income tax fraud worth just over 1 million euros (£885,755) for money made from image rights, prosecutors in Madrid said on Tuesday....
17:17, 06/04/2019

Ex-Trump lawyer slams Mueller report as a ‘fraud,’ cites misleading quote The reported discrepancy between a 2017 voicemail transcript and a quotation in Special Counsel Robert Mueller's report is a "serious issue," Alan Dershowitz said Monday night....
08:34, 06/04/2019

North Carolina Republicans to Pick Candidate for Congress in Fraud-Tainted District State officials ordered a new election in the Ninth Congressional District, so Republicans must select one of 10 candidates in the last unsettled House race of the midterms....
18:17, 05/14/2019

Rapper Pras plugs his album while proclaiming innocence in election fraud case Former Fugees rapper Prakazrel “Pras” Michel appeared in court on Thursday and told reporters he is innocent of criminal charges that he conspired to funnel foreign funds into Barack Obama's 2012 presidential re-election, while also plugging his upco...
21:17, 05/16/2019

Ex-Arkansas state senator pleads guilty to tax fraud, bribery in corruption probe A former Arkansas state lawmaker who is the nephew of Republican Gov. Asa Hutchinson pleaded guilty Tuesday to accepting bribes from lobbyists and filing a false tax return....
01:51, 06/26/2019

Former French President Sarkozy set for trial over fraud allegations tied to 2012 campaign France’s Constitutional Council on Friday rejected an appeal by former president Nicolas Sarkozy - all but assuring the ex-head of state stand trial over alleged illegal financing tied to his failed 2012 re-election bid. ...
20:34, 05/17/2019

Amazon Says 'Extensive' Fraud Allowed Cybercriminals to Siphon Cash From Seller Accounts UK legal documents obtained by Bloomberg show that e-commerce titan Amazon fell prey to “extensive” fraud that allowed cybercriminals to obtain access to around 100 seller accounts and transfer cash into their bank accounts, with the company confirm...
05:17, 05/09/2019

Sour note: Sistine Chapel Choir director resigns after fraud allegations The director of the Sistine Chapel Choir, which has provided the musical backdrop to papal events for centuries, has resigned following allegations of fraud and embezzlement....
03:17, 07/11/2019

Voters in North Carolina’s 9th District to choose nominees in do-over election after fraud scandal Ten candidates are facing off in the Republican special primary to replace 2018 nominee Mark Harris on the ballot. Dan McCready is running unopposed on the Democratic side....
17:17, 05/14/2019

Trump’s Former Campaign Manager Paul Manafort Pleads Not Guilty to Fraud Charges (NEW YORK) — Paul Manafort, the imprisoned former chairman of President Donald Trump’s 2016 campaign, pleaded not guilty Thursday to New York state mortgage fraud charges that could keep him locked up even if Trump pardons him for federal...
03:34, 06/28/2019

Feds Charge Ex-Fugees Pras of Campaign Finance Fraud in the 2012 US Presidential Election Pras, aka the “other” Fugee, is facing federal charges of campaign finance fraud in the 2012 U.S. presidential election in a case involving an international fugitive financier and a Malaysian investment fund....
14:34, 05/11/2019

Music event canceled over security, fraud concerns; compared to Fyre fest fiasco A three-day concert in Belgium that was slated to feature stars like Cardi B, Jason Derulo and Ja Rule abruptly ended before it began, and local officials have opened a fraud investigation, leading to comparisons with the 2017 Fyre Festival, the fail...
03:00, 06/30/2019

Devin Nunes calls 'fraud,' citing difference between Mueller report, Dowd transcript U.S. Rep. Devin Nunes called for the release of “all backup and source information” for the Mueller report on Friday after a newly released transcript of a former Trump lawyer's voicemail message included content that did not appear in a version that...
13:00, 06/01/2019

Spanish police arrest Bitcoin launderers in international credit card fraud case Spanish police have arrested 35 people allegedly involved in an international counterfeit bank card ring which laundered its profits using Bitcoin. Criminals made more than $675,855 (€600,000) and laundered more than $891,250 (€1,000,000), according ...
14:17, 06/14/2019

Federal criminal probe tied to 'microcap fraud' case may include former Riot Blockchain CEO Federal authorities have launched an investigation into a group of "microcap fraudsters," according to court documents. The investigation is parallel to an SEC civil case against the alleged "fraudsters," and more details are currently unknown....
21:51, 05/22/2019

Microsoft engineer allegedly used Bitcoin mixers to hide $10M gift card fraud, gets fired US authorities have charged an ex-Microsoft software engineer over a mail fraud plot to steal $10 million worth of digital currency from the tech giant, Fox News reports. Ukrainian citizen and Washington resident Volodymyr Kvashuk (25) allegedly used...
15:51, 07/18/2019

Netanyahu's wife reaches plea bargain in meals fraud case: Israel Radio Prime Minister Benjamin Netanyahu's wife, Sara, has reached a plea bargain in a fraud case over allegedly misusing state funds to order catered meals, Israel Radio said on Wednesday....
16:51, 05/29/2019

Judge lets New York pursue student loan debt relief fraud case A federal judge said New York's attorney general may pursue a lawsuit accusing Debt Resolve Inc and nine other defendants of involvement in a scheme to induce thousands of struggling student loan borrowers into paying for debt relief services they co...
23:34, 07/03/2019

Ex-Fox & Friends co-host Clayton Morris leaves country amid fraud allegations, lawsuits Morris and his wife say they plan to fight lawsuits from abroad. He has moved with his family to a coastal resort town in Portugal.        ...
23:51, 07/13/2019

Probe Agency Files Money Laundering Case In Alleged Ponzi Scheme Fraud The Enforcement Directorate has filed a case of money laundering in an alleged ponzi scheme in Karnataka, involving the IMA Jewels, which left thousands of gullible investors in the lurch, officials......
17:00, 06/14/2019

Uber passenger's death draws attention to 'vomit fraud' allegations in ride-hailing business The fatal St. Patrick's Day shooting of an Uber passenger in New Mexico, which allegedly followed an argument over a fee imposed for vomit in the back seat of the driver's car, has drawn attention to a broader "vomit fraud" trend in the ride-hailing ...
15:17, 05/31/2019

Anna Sorokin trial: Fake heiress found guilty of fraud sentenced up to 12 years prison A German woman who posed as a wealthy heiress and swindled tens of thousands of dollars from banks, hotels and friends has been handed a four to 12 year prison sentence by a US court....
07:34, 05/10/2019

Former Trump campaign chairman Paul Manafort pleads not guilty to New York state mortgage fraud charges NEW YORK (AP) — Former Trump campaign chairman Paul Manafort pleads not guilty to New York state mortgage fraud charges....
21:17, 06/27/2019

Mahindra and Mahindra's Q4 Profit Slips By 20% To Rs. 849 Crore Mahindra also exported 10,200 vehicles during the current quarter, registering a growth of 17.1 per cent over the corresponding quarter previous year....
09:17, 05/30/2019

RCA @100: anniversary of firm that popularized radio, TV and more Firm founded by immigrant was sold off in pieces after GE's 1986 purchase. It now exists as licensing name to put on products.       ...
23:51, 07/21/2019

A Law-Firm Veteran Who Leads by Listening Andrew Glincher never expected to work in a big law firm, much less run one. He sets his course by his upbringing and a tight crew of ad hoc advisers...
20:00, 06/22/2019

Aging Fraud Luis Suarez Misses Only Penalty In Shootout Against Peru, Ends Uruguay's Copa América Campaign The trade-off in having Luis Suarez on a team has always been for every person he bites, black player he racially abuses, or referee he headbutts, he’ll score at least a couple dozen goals to make up for all of that shithousery. But it appears that a...
00:17, 06/30/2019

Zion sues to end agreement with marketing firm Zion Williamson is suing to enforce termination of an agreement he signed with Gina Ford and Prime Sports, maintaining the marketing company's deal was unlawful under North Carolina law....
01:51, 06/14/2019

Argus Media sale to value oil data firm at £2bn The private equity backer of Argus Media, one of the world's most important sources of oil pricing data, is preparing to offload half its stake in a deal that will value it at about £2bn....
13:00, 05/29/2019

UnitedHealth to buy healthcare payments firm Equian for $3.2 bln -WSJ UnitedHealth Group Inc has agreed to buy health-care payments firm Equian LLC from its private-equity owner New Mountain Capital for about $3.2 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter....
04:34, 06/21/2019

Marketing firm files its own lawsuit against Williamson, CAA RALEIGH, N.C. (AP) — There’s a second lawsuit in the marketing fight over former Duke star Zion Williamson. Prime Sports Marketing LLC and company president Gina Ford filed a lawsuit Wednesday in a Florida court, accusing Williamson and the age...
04:51, 06/20/2019

Face ID firm Lumentum follows Google with Huawei ban Apple Face ID parts supplier Lumentum Holdings Inc followed Google on Monday in clamping down on the business it does with Huawei Technologies, after U.S. President Donald Trump imposed a ban on the Chinese firm on national security grounds....
19:00, 05/20/2019

US 'could blacklist' Chinese surveillance kit firm Hikvision Reports stoke fears that two biggest economies are on edge of full-blown tech cold war The US is reportedly considering restricting Hikvision, a Chinese surveillance equipment provider active in Xinjiang, from buying US components, escalating already...
12:51, 05/22/2019

German chemical firm BASF to cut 6,000 jobs The German chemical giant has said it will cut 6,000 jobs by 2021 to "streamline" its administration. BASF has said it expects to save $300 million annually with the move. Half the job cuts will happen in Germany....
16:17, 06/27/2019

Under wraps: Britain's most secretive engineering firm RML’s motorsport roots have been swapped for bespoke projects that it’s not allowed to shout about. We peek behind the curtain f you only read headlines, you could believe UK Automotive Manufacturing Plc’s entire business (still healthy despite the...
09:34, 05/05/2019

Alpina version of BMW X7 on the cards, says firm's boss Alpina's CEO says SUV could be part of future portfolio, and talks about previous plans to make its own version of the i8 Alpina plans to add the X7 SUV to its portfolio of BMW models, company boss Andreas Bovensiepen revealed.  While looking ahead ...
10:51, 07/09/2019

New McLaren GT is firm's most practical, refined model yet McLaren's new Grand Touring model sits outside of Sports, Super and Ultimate series, with luxury and comfort the focus The new McLaren GT, revealed for the first time and on sale now, will “redefine the rules of Grand Touring”, according to the firm...
14:51, 05/15/2019

Burr holds firm despite GOP anger over Don Jr. subpoena Richard Burr faces intense pressure from Republicans to drop his subpoena of President Donald Trump’s eldest son and quickly wrap up the Senate Intelligence Committee’s Russia probe.But despite a day facing attacks from the highest rungs of party lea...
12:34, 05/10/2019

There's now a 60% chance of a hard Brexit, says chairman of UK investment firm Theresa May's replacement as U.K. prime minister will likely be stridently pro-Brexit, says Martin Gilbert, chairman of Aberdeen Standard Investments....
13:00, 06/06/2019

David Cameron takes job with US artificial intelligence firm Former UK prime minister to chair advisory board of Washington-based AfinitiDavid Cameron has taken a job as chair of a US artificial intelligence firm’s advisory board, it was announced on Friday.The former prime minister “will be responsible for cu...
15:34, 05/31/2019

US STOCKS-Futures dip on reports U.S. to target another Chinese firm U.S. stock index futures dipped on Wednesday, as fears of a possible escalation in the trade war between the United States and China were rekindkled after reports that Washington could impose sanctions on another Chinese company....
15:00, 05/22/2019

UK firm making ultra-sustainable compostable material A company in Bristol has created an ultra-sustainable material for clothing which is produced within a 15-mile radius of the city from start to finish - and is even compostable....
20:17, 04/28/2019

EU fails to set firm deadline for zero carbon emissions goal The European Union has failed to set a firm deadline to end its contribution to climate change, after a group of eastern European countries blocked a proposal to slash EU carbon emissions to net zero by 2050....
01:34, 06/21/2019

Insurance firm AIG wants dead couple to pay for fire at Kissinger’s co-op The apartments of former Secretary of State Henry Kissinger and current Secretary of Commerce Wilbur Ross were among those damaged by a fire sparked when an elderly woman fell asleep in her apartment with a lit cigarette — killing her and her h...
01:00, 07/11/2019

Survey reveals Europe's worst car hire firm UK consumer group Which? ranks car rental companies across Europe from best to worst. Find out the car hire companies it recommends and those it says to avoid....
14:00, 05/06/2019

U.S. could blacklist Chinese surveillance tech firm Hikvision: NYT The U.S. administration is considering limits to Chinese video surveillance firm Hikvision's ability to buy U.S. technology, the New York Times reported on Tuesday, in a move that deepens worries about trade frictions between the world's two top econ...
06:00, 05/22/2019

Danish cannabis firm quarantines more products from CannTrust Danish cannabis firm StenoCare said on Thursday it would quarantine more batches of cannabis oil from its partner CannTrust which has sold products from what Canada's federal health regulator called unlicensed facilities....
15:34, 07/11/2019

Domino's Pizza Enterprises' Europe CEO says is committed to firm Domino's Pizza Enterprises Ltd's Europe head said on Friday he was "invested" in the Australian-based franchisee, after a media report said he could leave to become the CEO of Domino's UK-based franchisee....
04:34, 06/21/2019

UPDATE 1-UnitedHealth to buy healthcare payments firm Equian for $3.2 bln -WSJ UnitedHealth Group Inc has agreed to buy healthcare payments firm Equian LLC from its private-equity owner New Mountain Capital for about $3.2 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter....
04:34, 06/21/2019

Rich Greenfield, other BTIG analysts launch new firm Richard Greenfield and other key analysts on BTIG’s technology, media and telecommunications team have formed a breakaway shop but will continue to partner with the financial services firm they’ve served for nearly a decade. Noted BTIG analysts Walte...
16:34, 07/19/2019

Parents sue tycoon’s firm over dysentery outbreak in Moscow MOSCOW (AP) — Scores of children have been sickened in an outbreak of dysentery at several state-run day care centers in Moscow, and their parents have filed suit against a catering company controlled by a Kremlin-connected businessman. Parents of 41...
10:00, 05/14/2019

Ralph Nader: The FAA is a consulting firm for airlines not a regulator The Federal Aviation Administration is hosting dozens of regulators in Dallas today to discuss its work with the Boeing 737 Max, which was grounded in the U.S. March 13 after two fatal crashes. Consumer advocate Ralph Nader, whose great niece was kil...
16:17, 05/23/2019

Cybersecurity Firm CrowdStrike Prices IPO Above Expected Range The company priced its initial public offering above its expected price range, raising $612 million and valuing the company at $6.8 billion, if underwriters exercise all their options....
08:51, 06/12/2019

Asia stocks firm as Fed props up rate cut expectations Asian stocks rose on Friday after a top Federal Reserve official cemented expectations of a U.S. interest rate cut later this month, fuelling appetite for riskier assets and keeping a cap on the dollar....
09:00, 07/19/2019

United Technologies, Raytheon merging into $120 billion firm United Technologies agreed on Sunday to combine its aerospace business with US contractor Raytheon and create a new company worth about $121 billion, in what would be the sector’s biggest ever merger. The deal would reshape the competitive landscape ...
20:00, 06/10/2019

Huawei CEO claims firm's own mobile OS will be faster than iOS and Android Huawei CEO, Ren Zhengfei, has said that the company's home-grown mobile operating system (OS) will be faster than both iOS and Android... but it could struggle when it comes to apps.Zhengfei made the claim during an interview with French ma...
13:17, 07/08/2019

Ride-hailing firm Uber steps on the gas as IPO looms Ride-hailing service Uber is going public on Friday, and it's been billed as one of the largest IPOs in the history of the New York Stock Exchange. But the company's high losses have many questioning the move....
15:00, 05/09/2019

Buttigieg says Trump using Justice Department as 'his own personal law firm' 2020 Democratic presidential candidate Pete Buttigieg on Sunday slammed President Trump’s recent move to direct Attorney General William Barr look into the origins of the Russia investigation and if U.S. officials improperly surveilled Trump's 2016 c...
01:34, 06/17/2019

Toyota, Panasonic To Set Up Firm To Connect Cars, Homes Toyota and Panasonic said they will set up a new company early next year to focus on technology that could be used to offer personalised services in the home. The pair plan to be 50-50 partners in the......
10:34, 05/09/2019

Salesforce to buy big data firm Tableau Software for $15.3 billion Salesforce.com Inc said on Monday it would buy big data company Tableau Software for $15.3 billion in an all-stock deal, marking the biggest acquisition in the company's history....
16:17, 06/10/2019

Oil prices firm on tropical storm and geopolitical tensions Oil prices edged higher on Friday and were on track for a weekly gain as U.S. oil producers in the Gulf of Mexico cut more than half their output because of a tropical storm and as tensions continued to simmer in the Middle East....
17:00, 07/12/2019

Google to buy data analytics firm Looker for $2.6 billion Alphabet Inc's Google said on Thursday it would buy Looker, a privately held big-data analytics company, for $2.6 billion in cash, in the first major acquisition for new Google Cloud Chief Executive Thomas Kurian....
16:34, 06/06/2019

Dubai’s DP World acquires oil shipping firm Topaz for $1.1B DUBAI, United Arab Emirates (AP) — International port operator DP World has acquired a major oil and gas marine logistics provider for nearly $1.1 billion. Dubai-based DP World announced on Monday that it had acquired 100% of Topaz from the Oman-list...
15:00, 07/01/2019

Crunch Fitness sold to TPG private-equity firm Crunch Fitness — the quirky gym chain known for classes like “Ass & Abs” — said Monday it has been sold to buyout firm TPG. Terms of the deal weren’t disclosed, but with backing from the private-equity firm’s TPG Growth unit, Crunch plans to double i...
09:34, 07/02/2019

Google to Acquire Data-Analytics Firm Looker Google has made a long-awaited acquisition to bolster its cloud-computing business, a booming industry where it has lagged behind rivals. The tech giant has reached a deal to acquire Looker for $2.6 billion in cash....
18:00, 06/06/2019

Firm to reapply for hotly contested natural gas pipeline MIDDLETOWN, N.J. (AP) — An Oklahoma company says it will reapply to build a hotly contested pipeline that would carry natural gas from Pennsylvania through New Jersey, and under a bay and the ocean to New York. Tulsa-based Williams Companies says it ...
16:51, 06/06/2019

Hitler bought death insurance from Jewish firm In one of the strangest twists in the life of Nazi leader Adolf Hitler, the man responsible for the deaths of 6 million Jewish men, women, and children purchased death and disability insurance from a Jewish firm....
17:00, 05/02/2019

R.J. O'Brien Becomes New Clearing Firm at CBOE Futures Exchange CHICAGO, October 20, 2010 - The CBOE Futures Exchange (CFE) today announced that R.J. O'Brien (RJO), the largest independent futures brokerage firm in the United States, has become the latest firm to become a clearing member on the Exchange. "We are ...
20:51, 05/02/2019

Google to buy analytics software firm Looker for $2.6 billion Alphabet Inc's Google said on Thursday it would buy Looker, a privately held big-data analytics company, for $2.6 billion in cash, in the first major acquisition for new Google Cloud Chief Executive Thomas Kurian....
18:00, 06/06/2019

US Firm To Pay Over $1 Million Due To H-1B Visa Holders Including Indians An American employment service company has agreed to pay USD 1.1 million in back wages to nearly 600 H-1B employees, a large number of whom are highly-skilled Indian IT professionals....
11:17, 06/05/2019

Payment firm holds on to Thomas Cook cash Payment firms are seeking to hold on to millions of pounds of customers' money owed to Thomas Cook Group in a move which underlines the financial pressures afflicting the 178-year-old tour operator....
19:34, 05/18/2019

How the weed-loving CEO of a Bitcoin firm partied his way to jail When Cameron and Tyler Winklevoss, the twin brothers who famously feuded with Mark Zuckerberg over the creation of Facebook, attended a 2012 meeting about Bitcoin, they expected a professional overview of investment opportunities in the new cryptocur...
06:00, 05/19/2019