biggest fraud

Iran central bank deputy head held for embezzlement


October 30th, 2011 - 3:00 am ICT by IANS
Tehran, Oct 30 (IANS) Hamid Pourmohammadi, the deputy head of Iran's central bank, has been arrested for his involvement in a $2.6-billion embezzlement case, Xinhua reported Saturday.Pourmohammadi was arrested along ... Read more...

Posted in World |

$10m US settlement in firm’s interest, says Mahindra Satyam


April 6th, 2011 - 8:45 pm ICT by IANS
Hyderabad, April 6 (IANS) After agreeing to pay $10 million to settle the US Securities and Exchange Commission's (SEC) suit, leading IT services provider Mahindra Satyam said the step ... Read more...

Posted in Business |

Bernard Madoff’s Son Mark Madoff Found Dead In His Apartment


December 12th, 2010 - 4:35 pm ICT by GD
By Gina Gomez Dec 12, (THAINDIAN NEWS) Mark Madoff, Bernard Madoff's son was found hanging on Saturday in his lavish SoHo apartment from ceiling pipe as his two-year-old son Nicholas slept in the ... Read more...

Posted in World News |

Ponzie King Madoff’s possessions auctioned in New York


November 14th, 2010 - 7:33 pm ICT by ANI
New York, Nov.14 (ANI): Jaled Ponzie King Bernard Madoff's personal possessions have been sold at an auction in New York. From a pair of monogrammed black velveteen slippers through to a ... Read more...

Posted in World |

I’m straightforward, not obnoxious: Salman Khan


August 4th, 2010 - 5:02 pm ICT by IANS
By Ruchika Kher Mumbai, Aug 4 (IANS) Bollywood heartthrob Salman Khan is known to be straightforward but the actor, who will be the new host of reality show "Bigg Boss 4", says ... Read more...

Posted in Entertainment |

Fake cheques scam unearthed in Kanpur bank


August 5th, 2009 - 3:39 pm ICT by IANS
Kanpur, Aug 5 (IANS) A fake cheques scam estimated to the tune of Rs.52 crore has been unearthed in the State Bank of India's (SBI) main branch here. Seven bank officers ... Read more...

Posted in Uncategorized |

Madoff gets honorary membership of HotPrisonPals.com


July 26th, 2009 - 4:49 pm ICT by ANI
New York, July 26 (ANI): Multi-billion dollar fraudster Bernard Madoff has received an honorary membership of HotPrisonPals.com, a website that helps prisoners hook up with pen pals.The site describes its jailbirds ... Read more...

Posted in World |

Madoff ‘making desk, door nameplates in jail’


July 22nd, 2009 - 5:01 pm ICT by ANI
London, July 22 (ANI): Multi-billion dollar fraudster Bernard Madoff has reportedly been carving desk and door nameplates during his 150-year jail sentence.The 71-year-old Ponzi king, who was found guilty of running ... Read more...

Posted in World |

Raju supported by followers despite fall from grace


January 17th, 2009 - 12:40 pm ICT by IANS
Hyderabad, Jan 17 (IANS) From his native village Garagaparru in coastal Andhra Pradesh to this IT hub, the disgraced founder and former chairman of Satyam Computer Services B. Ramalinga Raju still enjoys ... Read more...

Posted in Uncategorized |

Report slams French bank’s management on giant fraud


May 23rd, 2008 - 4:26 pm ICT by admin
DPA Paris, May 23 (DPA) An internal report on the biggest fraud in financial history will say that a rogue trader at a French bank was able to bypass internal security mechanisms because ... Read more...

Posted in Business |

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