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  • HP Must Face Lawsuit for Alleged Shareholder Fraud by Boosting Sales, Appeals Court Rules

    HP Must Face Lawsuit for Alleged Shareholder Fraud by Boosting Sales, Appeals Court Rules

    A USĀ appeals court on Tuesday revived a lawsuit alleging HP Inc defrauded shareholders by secretly using unprofitable tactics to boost sales of its printing supplies in 2015 and 2016. The 9th USĀ Circuit Court of Appeals reversed a judge’s ruling dismissing the lawsuit as filed too late. Investors say they did not discover the alleged fraud […] More

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    BSKY Fraud: Odisha hospital owner, manager held for alleged irregularities

    Cuttack: A private hospital owner and its manager were arrested by the police in Cuttack district for allegedly claiming a patient’s bills under the Odisha government’s cashless healthcare scheme, Biju Swasthya Kalyan Yojana (BSKY) despite the patient receiving treatment from another non-empanelled hospital.Ā  According to the police, the private hospital, which is empanelled under BSKY, […] More

  • Enforcement Directorate Probing Several Cryptocurrency, Digital Currency Fraud Cases: MoS Finance

    Enforcement Directorate is investigating several cases related to cryptocurrency/ virtual digital currency frauds wherein a few crypto exchanges have also been found involved in money laundering, Parliament was informed on Monday. In a written reply in the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said the virtual digital assets have the potential for […] More

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    Mumbai Woman Loses Rs. 6.9 Lakh in Cyber Fraud After Responding to Fake Unpaid Electricity Bill Message

    A 65-year-old Mumbai woman became a victim of cyber fraud amounting to Rs. 6,91,859 after she responded to a fake message of an overdue electricity bill. The victim, a resident of Mumbai’s Andheri area, received a message on her husband’s phone about an unpaid electricity bill. It further said that the electricity connection will be […] More