Articles
ED to restitute Rs 15,000-crore assets to fraud victims during 2025-26
The ED chief recently issued directions to all regions of the agency to "actively work on cases marked for restitution of assets worth Rs 15,000 crore during the financial year 2025-26"
21 April,2025 06:26 PM IST | New Delhi | PTI
Mumbai: Financial services firm employee booked for fraud
Accused had manipulated details of dormant Demat account to transfer funds to himself
16 April,2025 08:05 AM IST | Mumbai | Aishwarya Iyer
India pushes for Mehul Choksi’s extradition after arrest in Belgium
The diamond trader was arrested for his alleged involvement in the Rs 13,000 crore PNB loan “fraud” case
15 April,2025 08:18 AM IST | New Delhi | Agencies
New India Co-operative Bank scam probe unearths NPAs
Economic Offences Wing’s investigation into an account holder’s complaint reveals over 2000 accounts have turned into Non-Performing Assets worth Rs 400 crore
10 April,2025 07:06 AM IST | Mumbai | Faizan Khan
Absconding ex-bank VP, wife seek video hearing in Rs 122 cr bank scam
Mumbai Police’s Economic Offences Wing has summoned the CEO of Omkara ARC to record a statement in connection with the Rs 122 crore New India Cooperative Bank fraud case, as discrepancies surface in NPA asset recovery deals
08 April,2025 12:11 PM IST | Mumbai | Faizan Khan
ED raids linked to ex-MLA Vinay Tiwari in Rs 700 crore bank fraud
The Enforcement Directorate on Monday conducted raids at 10 locations across Delhi, Mumbai, and Uttar Pradesh in a Rs 700 crore bank fraud case involving former Samajwadi Party MLA Vinay Shankar Tiwari, who is also the promoter of Gangotri Enterprises
07 April,2025 12:54 PM IST | New Delhi | ANI
ED raids SP leader Vinay Shankar Tiwari in Rs 700-cr bank fraud case
Tiwari, who is a promoter of Gangotri Enterprises, is under investigation for his alleged role in large-scale financial irregularities. The firm, known for securing government contracts, is reportedly at the center of the suspected fraud
07 April,2025 12:46 PM IST | Mumbai | ANI
New India Co-Op Bank scam: Not happy with RBI’s responses about audit, says EOW
Sources in the Economic Offences Wing tell mid-day RBI is yet to provide the notes detailing reasons behind February 12 raids, during which cash amounting to Rs 122 crore was found
04 April,2025 07:07 AM IST | Mumbai | Faizan Khan
Thane woman loses Rs 15 lakh in work-from-home scam; police launch probe
A 37-year-old woman from Thane was allegedly scammed out of Rs 15.14 lakh in a fraudulent work-from-home scheme. The accused lured her with promises of high earnings, assigned online tasks via Telegram, and took money over multiple transactions. Police have registered a case and are probing similar frauds.
26 March,2025 10:17 AM IST | Mumbai
New India Bank scam: Accused Hitesh Mehta to undergo brain-mapping test
Hitesh Mehta, the key accused in the Rs 122 crore embezzlement at New India Cooperative Bank, will undergo a brain-mapping test after his polygraph test yielded inconclusive results. The Economic Offences Wing (EOW) continues its probe, with multiple arrests already made
21 March,2025 01:11 PM IST | Mumbai | mid-day online correspondent