fraud News

Byju Raveendran Exposes EY's Alleged Role in Byju's Insolvency Scandal

Byju Raveendran, CEO of Byju's, accuses EY India of collusion in the company's insolvency proceedings, claiming new evidence submitted to court proves EY acted on behalf of GLAS Tr...

US Court Finds Byju's Guilty of Defrauding Lenders in a $533 Million Scandal

A US bankruptcy court has found Byju’s parent company and its associates guilty of defrauding lenders in a $533 million scandal. The case highlights breaches of fiduciary duties an...

1MDB Sues Amicorp Group for Alleged Role in $7 Billion Fraud Scandal

Malaysian sovereign wealth fund 1MDB files a billion-dollar lawsuit against Amicorp Group, alleging crucial role in facilitating a multibillion-dollar fraud. The lawsuit accuses Am...

Vijay Mallya and Lalit Modi Exchange Birthday Wishes Amid Controversies

Vijay Mallya and Lalit Modi exchange birthday wishes on social media, reflecting on their shared experiences of ups and downs in life and controversies in India.

Protect Yourself from PAN 2.0 Scams: What You Need to Know

The Modi government approved PAN 2.0, offering enhanced PAN cards. However, fraudsters are targeting PAN card holders with deceptive schemes. Learn how to protect yourself and wher...

Sebi Orders Trafiksol to Refund IPO Funds Amid Fraud Allegations

Sebi has directed Trafiksol ITS Technologies to refund the Rs 44.9 crore paid by investors in its IPO, citing fraud. The Bombay Stock Exchange will oversee the refund process, whic...