Search results
Results from the WOW.Com Content Network
Stranded asset. v. t. e. The Punjab National Bank Fraud Case relates to fraudulent letter of undertaking worth ₹12,000 crore (US$1.4 billion) issued by the Punjab National Bank at its Brady House branch in Fort, Mumbai; making Punjab National Bank liable for the amount. [1] The fraud was allegedly organized by jeweller and designer Nirav Modi.
Ananthasubramanian was the MD of PNB when the caution advice was issued. On 20 August 2018, Usha Ananthasubramanian was granted bail on a surety bond of Rs 1 lakhs by Special CBI court in Mumbai. A week earlier, the government had dismissed Usha on the last day of her work. She was dismissed with immediate effect.
Nirav Deepak Modi (born 27 February 1971) is an Indian-born Belgian businessman and criminal who was charged by Interpol and the Government of India for criminal conspiracy, criminal breach of trust, cheating and dishonesty including delivery of property, corruption, money laundering, fraud, embezzlement and breach of contract in August 2018. [3]
September 20, 2024 at 12:09 PM. Rich Pedroncelli/AP. Federal regulators are accusing the country's three largest pharmacy benefit managers of illegally driving up the cost of insulin in the U.S ...
The 1992 Indian stock market scam was a market manipulation carried out by Mr Harshad Mehta and politicians on the Bombay Stock Exchange. That scam caused significant disruption to the stock market of India, defrauding investors of over ten million USD. Techniques used by Mehta involved having corrupt officials signing fake cheques, misusing ...
Isaac Lozano. September 15, 2024 at 10:29 AM. Last fall, 68-year-old Debbie Fox (pictured) was scammed out of $58,000 by a man posing as a wealthy scientist and businessman with dual passports ...
For premium support please call: 800-290-4726 more ways to reach us
Mehul Chinubhai Choksi (born 5 May 1959) is an Indian-born businessman living in Antigua and Barbuda, who is wanted by the Indian judicial authorities for criminal conspiracy, criminal breach of trust, cheating and dishonesty including delivery of property, corruption and money laundering. In an interview, [1] Choksi claimed that he is innocent ...