Ex-Andaman MP among three held in bank loan fraud case

The Enforcement Directorate arrested former Andaman MP Kuldeep Rai Sharma along with two bank officials - K Murugan and K Kalaivanan - for a major bank loan fraud at Andaman Nicobar State Cooperative Bank. The investigation revealed fraudulent loans exceeding ₹500 crore were sanctioned through over 100 accounts, with ₹230 crore directly benefiting Sharma and associates, who collected 5% commission on loans.

18 Sept 2025 · NA

Former Delhi advocate held for running ₹100-cr Ponzi scheme, cheating 200 people

Delhi Police arrested Sanjay, a 36-year-old former advocate, for defrauding nearly 200 people of ₹100 crore through a Ponzi scheme. Operating under the 'Tradecop' banner, he promised investors 8% monthly returns through algorithmic trading. Initially, investors received returns, but payments eventually stopped when funds from new investors dried up. Several properties worth ₹10 crore have been identified for attachment.

18 Sept 2025 · fake website

ED arrests ex-Andaman MP Kuldeep Rai Sharma in ₹500 crore money laundering case linked to bank 'fraud' case

The ED arrested former Andaman MP Kuldeep Rai Sharma and two bank officials in a ₹500 crore cooperative bank fraud case. The accused allegedly approved loans to shell companies in violation of bank procedures with no intention of repayment. Evidence suggests ₹230 crore was fraudulently taken for the benefit of Sharma and his associates, with officials receiving 5% commission on arranged loans.

17 Sept 2025 · NA

Supreme Court upholds Karnataka HC ruling on fraud in land auction linked to Art of Living

The Supreme Court upheld a Karnataka High Court ruling that R Raghu, a trustee of Ved Vignan Maha Vidya Peeth, committed fraud when purchasing agricultural land in a 2003 auction. Raghu misrepresented himself as an individual agriculturist when he was actually buying on behalf of the trust, which was prohibited from purchasing agricultural land at that time. The court ordered an additional payment of ₹25 lakh per acre to the original landowner.

17 Sept 2025 · NA

ED arrests former Andaman MP, 2 others in bank fraud case

The ED has arrested former Andaman and Nicobar MP Kuldeep Rai Sharma along with two bank officials in a ₹500 crore bank fraud case. As former chairman of Andaman Nicobar State Cooperative Bank, Sharma allegedly sanctioned fraudulent loans through over 100 accounts to shell companies. Investigation revealed ₹230 crore was taken exclusively for Sharma's benefit, with bank officials receiving 5% commission.

17 Sept 2025 · NA

Naidu Betrayed Youth with DSC Scam, Alleges YSRC MLC

YSRC MLC Chandrasekhar Reddy accused CM Chandrababu Naidu's government of betraying unemployed youth through alleged irregularities in the DSC teacher recruitment process. Reddy claimed the government promised 50,000 posts but only notified 16,000, and criticized the examination process with manipulated normalization scores. He also alleged unchecked illegal sand mining is causing fatalities.

17 Sept 2025 · NA

Hyderabad Retired Doctor Dies After 70-Hour 'Digital Arrest' By Cyber Crooks

A retired doctor in Hyderabad died after suffering a 70-hour 'digital arrest' by cybercriminals who posed as government officials from ED and RBI. The fraudsters falsely accused her of human trafficking, used forged documents, and coerced her into transferring ₹6.6 lakh from her pension account to a shell bank account in Maharashtra. Despite the payment, they continued harassment through video calls and fake court notices until she collapsed with chest pain and died.

17 Sept 2025 · video call

Dilip Cherian | Khedkar in Fix as UPSC Scandal Meets Road-rage Drama

Puja Khedkar, previously dismissed from IAS for UPSC fraud involving false OBC and disability claims, is now linked to a kidnapping case. Following a road-rage incident in Navi Mumbai, a cement-mixer truck helper was allegedly abducted and later rescued from a Pune bungalow registered to 'Puja Automobiles', connected to Khedkar. Police have filed an FIR for kidnapping after reportedly being obstructed by Khedkar's mother at the residence.

17 Sept 2025 · NA