white-collar crime
Hyderabad Police Arrest Man Who Impersonated IAS and IPS Officers in Elaborate Two-Year Scam
Nov 27, 2025 01:10 am CST
Hyderabad authorities have arrested Bathini Shashikanth, a 39-year-old fraudster who posed as IAS and IPS officers for over two years. Using fake ID cards, bodyguards, and police sirens on his vehicle, he defrauded multiple victims including a gym owner of over Rs 10.5 lakh by promising government favors. Police warn citizens to verify officials' identities and report suspicious activities.
CBI Reveals Yes Bank's Rs 2,700 Crore Loss from Fraudulent Transactions with Anil Ambani's Companies
Oct 30, 2025 01:55 am CST
The CBI has filed a charge sheet detailing how Yes Bank suffered a Rs 2,796.77 crore loss due to Rana Kapoor's unilateral investments in Anil Ambani's financial companies. The document alleges a criminal conspiracy involving shell companies, quid-pro-quo arrangements, and regulatory violations between 2017-2019, with 13 individuals and entities charged with conspiracy, cheating, and corruption.
Former Tech Entrepreneur Charlie Javice Sentenced to 7 Years for $175 Million JPMorgan Fraud
Sep 30, 2025 04:30 pm CST
Charlie Javice, the former founder of financial aid platform Frank, has been sentenced to 85 months in prison for defrauding JPMorgan Chase of $175 million by fabricating millions of user accounts. The 33-year-old entrepreneur sold her company to the banking giant in 2021 before her elaborate scheme was uncovered, leading to her conviction in March on multiple fraud charges.