New Delhi: Seven years after allegedly absconding in a multi-crore real estate fraud case, a key accused in nine related cases has been arrested by Delhi Police’s Economic Offences Wing (EOW).The fraud dates back over a decade to 2013, when a private limited company had launched a housing project of a township in Greater Faridabad,…
Ahmedabad: Investors affected by the alleged multicrore fraud involving a technology solutions provider have raised serious concerns regarding regulatory oversight within GIFT City and demanded swift action against those responsible.Dr Neeraj Rawat, representing investors and asset holders of Shootspace Digital Private Limited (SDPL), said during a press conference that the scam had shaken confidence in…
Belagavi: In the wake of the multi-crore deposit scam involving Shivam Associates, the district administration has established a dedicated fraud prevention cell at the deputy commissioner’s office to monitor and curb illegal financial activities in the district.A district coordination committee has also been constituted to oversee firms suspected of operating Ponzi schemes by luring investors…
DC Mohammad Roshan and city policecommissioner Bhushan Borase address a press conference on Saturday Belagavi: Deputy Commissioner Mohammad Roshan said investigations have revealed that Shivam Associates is a fake company and warned the public against investing their hard-earned money in such bogus firms. It has also come to light that the company mobilised thousands of…
A local court on Thursday cancelled bail to Heera Group chief Nowhera Shaik in a money laundering case filed by Directorate of Enforcement, allowing the agency’s petition. Also, another local court has issued a fresh non-bailable warrant (NBW) against the Heera Group chief for failing to comply with the Supreme Court’s order to surrender by…
