Fraud Cases: News

US: Chinese businessman Guo Wengui convicted in $1B fraud scheme

Chinese business magnate Guo Wengui, also known as Miles Kwok, was found guilty by a US jury on Tuesday for defrauding his followers in a $1 billion scheme.

26 Jun 2024

Raj Kundra

'Truth will prevail': Shilpa Shetty, Raj Kundra address cheating allegations

Earlier this month, a Mumbai court directed a police investigation into a complaint against Shilpa Shetty Kundra, and her husband Raj Kundra for allegedly defrauding an investor.

16 May 2024

Malayalam Movies

Malayalam film producer Johny Thomas detained in cheating case

Johny Sagariga, a well-known Malayalam film producer also known as Johny Thomas, was taken into custody by the Coimbatore Police on Wednesday.

16 Apr 2024


Fraudster gets 10-year prison sentence for $175 million psychic scam

Patrice Runner, a 57-year-old Canadian national with dual citizenship in France, has been sentenced to ten years in prison for masterminding a large-scale psychic scam.

12 Apr 2024

Akshay Kumar

Man poses to be Akshay Kumar's employee to cheat woman 

In a recent development, Mumbai's Juhu Police Station has arrested an individual named Prince Kumar Sinha.

26 Feb 2024


ICICI Bank shocker: Customer accuses manager of Rs. 16cr fraud

A woman named Shveta Sharma has accused a manager at ICICI Bank of defrauding her.

15 Jan 2024

South Korea

Park Min-young denies receiving 250M KRW from ex-boyfriend: Controversy explained

South Korean actor Park Min-young is currently facing allegations of receiving illegal funds from ex-boyfriend and businessman Kang Jong-hyun.

19 Dec 2023


The full story of Nikola's founder and his imprisonment

Nikola founder Trevor Milton has been handed a four-year prison sentence after being found guilty of fraud in 2021.

11 Oct 2023


Sam Bankman-Fried 'directed me' to commit crimes, testifies ex-girlfriend

Caroline Ellison, the former CEO of Alameda Research and Sam Bankman-Fried's ex-girlfriend, appeared as a witness in the ongoing FTX fraud trial.

18 Sep 2023

Zareen Khan

#NewsBytesExplainer: What's the 2018 cheating case against Zareen Khan

Zareen Khan is in the headlines for all the unwanted reasons.

08 Sep 2023

Tamil Cinema

Producer Ravindar Chandrasekaran booked for Rs. 16cr fraud—what happens next

Tamil film producer Ravindar Chandrasekaran, who runs the production banner Libra Productions, has been booked by the Central Crime Branch for allegedly duping his "investment partner" of Rs. 15.83cr.

21 Jul 2023


Colombian singer Shakira to face second tax probe in Spain

Pop singer Shakira has been embroiled in an alleged multi-million tax evasion fraud case for years now.

04 Mar 2023


Who is Jho Low? Leonardo DiCaprio-Kim Kardashian's alleged fugitive 'friend'

Hollywood celebrities Leonardo DiCaprio and Kim Kardashian were questioned by the Federal Bureau of Investigation over their association and ties with wanted Malaysian fugitive Jho Low.

Rise and fall of Theranos CEO Elizabeth Holmes

The CEO and founder of the failed Silicon Valley start-up Theranos, Elizabeth Holmes, has been given a sentence of over 11 years in jail for duping investors.

11 Jul 2022


UK woman takes over 100 driving tests for others; arrested

A 29-year-old UK-based woman was recently arrested for illegally taking more than 100 driving tests for other people.

23 Jun 2022


CBI books DHFL's Wadhawans in Rs. 34000-crore bank fraud case

The Central Bureau of Investigation (CBI) has booked former promoters of Dewan Housing Finance Corporation Ltd (DHFL), Kapil Wadhawan and Dheeraj Wadhawan, among 13 accused in the biggest-ever bank fraud case in India.

20 Apr 2022

Delhi Police

WhatsApp video scam claiming Rs. 25 lakh reward returns

Select WhatsApp users are reportedly being targeted by a scam claiming a Rs. 25 lakh reward in a lucky draw for the television game show Kaun Banega Crorepati (KBC).

15 Feb 2022


Odisha: Man arrested for marrying, duping 14 women

A man was arrested on Monday in Odisha's Bhubaneswar for allegedly marrying 14 women and fleeing with their money, said a senior police officer.

10 Sep 2021

Delhi Police

Delhi: Fake call center duping unemployed people busted

The Delhi Police has arrested 13 people from a fake South Delhi call center for allegedly duping at least 300 unemployed men and women on the pretext of finding them a job, officials said.

27 Aug 2021


Mumbai: Woman duped of Rs. 25 lakh; one arrested

The cyber police in Mumbai has arrested a 46-year-old man from Rajasthan for allegedly cheating a woman of Rs. 25 lakh by promising to sell her gold at a low rate, an official said on Thursday.

US: Indian-origin executive sentenced to two years for $1.8mn fraud

A 48-year-old Indian-origin tech executive in the US has been sentenced to two years in prison for fraudulently obtaining nearly $1.8 million in federal COVID-19 disaster relief loans.

13 Aug 2021


#NewsBytesExclusive: How the Russian start-up JuicyScore strategizes credit fraud prevention

With a presence in over 20 countries in just five years of starting-up, JuicyScore is a sophisticated risk management and fraud prevention solution for financial institutions.

06 Aug 2021

Delhi Police

Man dupes 64 farmers of crop proceeds worth Rs. 3.5cr

Delhi Police's Economic Offenses Wing has arrested a man for allegedly duping over 60 farmers by persuading them to retain the proceeds of their sold crops with him on the pretext of giving them higher returns, officials said on Friday.

03 Aug 2021


Two persons duped on the pretext of doubling money

Two persons were duped of Rs. 4 lakh by fraudsters on the pretext of doubling their money using a chemical in Nagpur city of Maharashtra, police officials said on Monday.

28 Jul 2021


Faridabad youth duped people on pretext of cheap iPhones; arrested

A 22-year-old man was arrested from Faridabad, Haryana for allegedly cheating several people on the pretext of selling cheap iPhones, police said on Tuesday. The accused has been identified as Yogesh Tiwari.

26 Jul 2021

Uttar Pradesh

Two men arrested for duping Amazon of lakhs: UP police

The Uttar Pradesh police has arrested two Haryana-based men who allegedly duped e-commerce giant Amazon of lakhs of rupees, officials said on Monday.

21 Jul 2021


Delhi: Three arrested for duping man on pretext of trade

Three persons were arrested for allegedly cheating a man of Rs. 13.5 lakh on the pretext of helping him make a huge profit through trade-in jatoba pods, police said on Wednesday.

19 Jul 2021

Madhya Pradesh

MP: Inter-state fake currency racket busted; four held

Madhya Pradesh Police has busted an inter-state racket of manufacturing and circulating fake currency notes and arrested four persons in this connection, a senior official said.

17 Jul 2021


Travel agency booked for overcharging tourists visiting 'Statue of Unity'

Police has registered an FIR against a Surat-based travel agency for allegedly tampering with the entry tickets of 23 tourists visiting the Statue of Unity located at Kevadia in Gujarat's Narmada district in order to overcharge them, officials said.

09 Jul 2021

Salman Khan

Chandigarh: Salman Khan, sister Alvira summoned in fraud, cheating case

A local businessman in Chandigarh has filed a case of fraud and cheating against actor Salman Khan, his sister Alvira Khan and seven other Being Human associates.

07 Jul 2021

Delhi Police

Delhi: Man arrested for cheating people by impersonating IAS officer

A 42-year-old man has been arrested in West Delhi for cheating people on the pretext of getting them jobs in the Gulf countries by allegedly posing as an IAS officer, police said on Tuesday.

ED arrests Shakti Bhog CMD in money laundering case

The Enforcement Directorate (ED) arrested Kewal Krishan Kumar, Chairman and Managing Director (CMD) of Delhi-based Shakti Bhog Foods Limited, in a money laundering case linked to an alleged multi-crore bank loan fraud.

02 Jul 2021

Aadhaar Card

SIM card vendor arrested for forging Aadhaar card details

A 27-year-old SIM card dealer was arrested from south Delhi in connection with a forgery and cheating case, police said on Friday.

Ministry of Home Affairs launches national cyber fraud helpline

Considering the rapidly increasing instances of cyber fraud since the onset of remote working due to the pandemic, the central government has launched a national helpline number (155260) and reporting platform to help curb financial loss due to cyber fraud.

16 Jun 2021


Man arrested for cheating by offering roles in films

A 47-year-old man has been arrested by the Cyber Police Station of the Mumbai crime branch for cheating a businessman of Rs. 32.69 lakh by offering a lead role to his daughter in a film, a police official said on Tuesday.

10 Jun 2021


Uttarakhand Police busts Rs. 350 crore scam that duped lakhs

Uttarakhand Police has busted an online scam with foreign links, in which five lakh people from across the country lost a combined Rs. 350 crore, officials said on Thursday, adding a man was arrested from Noida in connection with it.

04 May 2021


Television actor duped of Rs. 86,000, police complaint filed

A television actor in Mumbai became prey to a fraudster recently, costing him Rs. 86,000.

10 Apr 2021

Delhi Police

Man arrested for deceiving people with fake job ads

A 48-year-old man was arrested from Kolkata for allegedly duping people by posting fake job advertisements online for work abroad, Delhi police said on Saturday.

25 Mar 2021

Uttar Pradesh

54-year-old man arrested for duping people in name of Haj

A 54-year-old man was arrested from Uttar Pradesh for allegedly duping people in the name of Haj or Umra yatra, police said on Wednesday.

12 Feb 2021


Indian-American engineer pleads guilty to COVID-19 relief fraud charges

An Indian-American engineer in the US has pleaded guilty to the charge of seeking more than $10 million in loans under a coronavirus relief program set up to help small businesses, the Department of Justice has said.