Corporate Investigation Services | Corporate Investigations India

Bank duped of Rs 1.9 crore loan in dead women's name

In our capital New Delhi, Bhupinder Singh, his wife, and his son availed a loan on a woman named Harbans Kaur, who already died in 2015. They planned this by impersonating another woman as Harbans Kaur. PNB went to the police who after inquiry nabbed the culprit from their residence in Hari Nagar. Source- Times News Network Dated- 29 Aug 2022

The Gang promises to raise credit card limits and dupes many, busted.

Delhi Police recently arrested five members of a gang who duped more than 100 people on the pretext of increasing their credit card limit. The Victim said he had received a call from a person claiming to be from SBI. That person informed him about an offer, which could increase his credit card limit and sent a code to his phone. As soon as victim conveyed the code which was an OTP, Rs 89100 was deducted from his credit card. Source:- Times of India Dated:- 12th July 2022

ED says Vivo's ex-official floated 18 subsidiaries on basis of forged papers.

Chinese mobile manufacturer Vivo's former chief of operation, Bin Lou floated 18 subsidiaries on the basis of forged document. ED said the addresses declared by directors did not belong to them, rather were owned by senior bureaucrats. Suspicious transactions of over Rs 61,000 crore which are remitted by company to China from Rs 1.25 lakh crore of receipt from its Indian operation were also being investigated by ED. Source- TOI Dated- 8 July 2022

Ernst and Young accounting firm fined with $100 million for cheating.

An auditing firm Ernst and Young has been slapped with a record $100 million fine from the US govt after regulators discovered that the company knew some of its auditors were cheating on exams for several years and did nothing to stop it. A similar fine was imposed on KPMG in 2019 for an allegation of cheating. Source:- CNN News network Date:- 29th June 2022

Fake call center busted engaged in Male prostitution racket.

The cyber crime police station of the outer North district busted a call center that duped more than 50 people of lakhs of rupees on the pretext of providing them employment as a gigolo. Mastermind Mehtab is a graduate of Delhi University. A complaint was filed by a person who was duped for Rs 70,000 in which he was offered a job as Call Boy. Source- TOI Dated- June 11, 2022

Postal department duped of Rs 1.7 Crore

Based on complaint lodged by department. Of posts police filed a case against fraudster who posed as Indonesian official and induced DoP to transfer 1.7 crore. Person used email asking for payment in favor of PoS Indonesia. Later when DoP started their regular procedure of verification of documents PoS Indonesia said emails were not present in their chronology. A complaint under IPC section 419 and 420 was registered by police. Source- TOI Dated- 14 June 2022

Bangladeshi, living illegally in India, arrested by ED for bank fraud in his own country.

Proshanta Kumar Halder, a Bangladeshi national was arrested by ED who is accused of Rs 9000 crore bank fraud in his own country. He was living illegally in India in the disguised identity of an Indian citizen as Shibshanker Halder. He fraudulently obtained various govt identities like Ration card, Voter Id, Aadhar card, etc. He was arrested by ED under the anti-money laundering act. ~Source:- India Today Dated -- 15th May 2022

Ninety nine criminals get bail on fake Aadhaar cards.

In Agra, a probe conducted by police revealed that at least 99 people convicted in various crimes like murder, loot, theft, etc. have managed to get bail on basis of fake Aadhaar cards and other documents. SSP Firozabad has ensured that all who got released will be arrested again. ~Source - 'Times of India' Dated- 7th May 2022

Fake degree scam: Manav Bharati university students looking at uncertain future.

ED investigations into the Manav Bharati university fake degree scam puts the future of students in jeopardy. This university is situated in Solan, Himachal Pradesh. Around 60 students were enrolled in this university for a 2-year diploma. This scam was unearthed in 2019, after this UGC took appropriate action against this university. ~Source- 'Hindustan Times' Dated- 26th April 2022

HC orders verification of shell companies in Jharkhand

In a PIL filed against Jharkhand CM Hemant Soren, He was accused of operating 28 shell companies for investing his black money. PIL also accused him and his brother Basant Soren of floating fake businesses to legalize his black money. HC has ordered the registrar of companies to verify the genuineness of 28 firms listed with CM Hemant Soren. He was also charged with holding an office of profit along with holding a constitutional post. ~ Source- 'Times news network' Dated - 24 Apr 2022

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