
Fraud can't be obfuscated by nationalism: Hindenburg to Adani Group
Adani Group has attempted to conflate its meteoric rise and the wealth of its chairman, Gautam Adani, with the success of India itself, says Hindenburg Research.
Adani Group has attempted to conflate its meteoric rise and the wealth of its chairman, Gautam Adani, with the success of India itself, says Hindenburg Research.
This comes at a time when customers have raised their concern regarding robocalls, spam calls, and fraud calls.
At present, identifying the culprit who engages in fraudulent activities has been one of the major challenges for TRAI to curtail fraudulent calls.
Bank account fraud, fraud by fly-by-night e-commerce operators, credit and debit card frauds were found to be the major causes of the problem.
Operators who hold most of the shares move prices by spreading messages through SMS, social media and then dump the shares once the price rises, says Zerodha
Amway is running a pyramid fraud in the guise of direct selling multi-level marketing network, says the probe agency.
While banks have increased investments towards fraud risk management and monitoring systems and controls, these efforts seem insufficient, says Deloitte India.
While the noose has tightened around the diamond tycoon, extradition remains complex.
The jailed diamantaire can still appeal against the United Kingdom's home ministry's nod, but the prospect of him returning to India draws near.
British judge sees no barrier to fair trial in India; fallen diamantaire can appeal in two weeks.