Investigations into the alleged fraud reported at the Hyderabad cyber crime police station has revealed that the details of several pensioners enrolled with the state … Probe reveals fraud in Asara pension schemeRead more
Fraud
Posted inBank / News
Goldman Sachs fined $2.9 billion over role in 1MDB corruption case
Goldman Sachs has been fined $2.9 billion by the US Department of Justice (DoJ) in a deal announced yesterday that closes one of the biggest … Goldman Sachs fined $2.9 billion over role in 1MDB corruption caseRead more
Posted inAadhaar / India / News
ADG of UIDAI arrested for taking bribe in Delhi office
An assistant director general of the Unique Identification Authority of India (UIDAI) was arrested on Tuesday for allegedly taking a bribe of Rs 1 lakh … ADG of UIDAI arrested for taking bribe in Delhi officeRead more
Posted inEconomics / Merger / News / Tax
Pfizer Acquires Allergan in Record $150B Deal to Avoid U.S. Taxes
Pharmaceutical giant Pfizer has sealed a more than $150 billion merger with fellow drug maker Allergan, marking one of the largest takeovers in the history … Pfizer Acquires Allergan in Record $150B Deal to Avoid U.S. TaxesRead more
Posted inBank / Financial crisis / News
5 Top Banks to Pay $5B Penalty for Rigging Foreign Exchange
Five of the world’s top banks will pay over $5 billion in fines after pleading guilty to rigging the price of foreign currencies. Attorney General … 5 Top Banks to Pay $5B Penalty for Rigging Foreign ExchangeRead more
Posted inNews / USA Empire
U.S. Cancer Charities Accused of $187M Fraud
Four U.S. cancer charities are being accused of massive fraud. The Federal Trade Commission says the groups funneled some $187 million into top officials’ pockets. … U.S. Cancer Charities Accused of $187M FraudRead more
Posted inIndia / Multimedia / Tax
What Do The Panama Papers Reveal
[youtube https://www.youtube.com/watch?v=7C52rG83LYc&rel=0]
Posted inBank / News / USA Empire
JPMorgan Pays $2.6 Billion Fine to Avoid Criminal Charges in Madoff Case
The financial giant JPMorgan Chase will pay $2.6 billion to settle allegations it failed to disclose suspicions of fraud in what turned out to be … JPMorgan Pays $2.6 Billion Fine to Avoid Criminal Charges in Madoff CaseRead more
Posted inBank / Hindutva / India / ToMl
Punjab National Bank Delayed Red Flagging Rs 3,688 Crore DHFL Loan as Fraud
Government owned Punjab National Bank (PNB) on July 9 said it has reported a fraud of Rs 3,688.58 crore in a non performing account (NPA) … Punjab National Bank Delayed Red Flagging Rs 3,688 Crore DHFL Loan as FraudRead more
Posted inBank / News / USA Empire
Top Banks to Plead Guilty to Fraud, Antitrust Charges
Five of the world’s top banks are reportedly set to plead guilty to a number of fraud and antitrust charges in the United States. According … Top Banks to Plead Guilty to Fraud, Antitrust ChargesRead more