CBI Raids Anil Ambani–Linked Sites in Fraud Case

By BPN News Desk August 23, 2025

Business

The Central Bureau of Investigation (CBI) has filed a First Information Report (FIR) in connection with an alleged ₹2,000 crore bank fraud involving Reliance Communications (RCOM) and its former chairman, industrialist Anil Ambani. Following the FIR, the agency carried out raids at six premises

International

NY Court Voids Nearly $500M Trump Fraud Penalty

By BPN News Desk August 22, 2025

A New York appeals court on August 21, 2025, overturned the nearly $500 million civil fraud penalty against U.S. President Donald Trump. The court ruled that while fraud had occurred, the monetary sanction was excessive and violated the constitutional ban on disproportionate fines. The decision significantly reduces the financial blow to Trump, though legal restrictions

Business Finance

By BPN News Desk August 17, 2025

Delhi Police have arrested 18 people in connection with a massive fraud that siphoned off ₹2.60 crore from State Bank of India (SBI) credit card holders. The fraud, which ran for nearly six months, came to light after investigators traced the source of leaked banking information to a call centre in Gurugram. How the Fraud […]

Celebrity News Entertainment

Shilpa Shetty, Raj Kundra Booked in ₹60-Crore Fraud Case

By BPN News Desk August 14, 2025

Bollywood actress Shilpa Shetty and her husband, businessman Raj Kundra, have been booked by the Economic Offences Wing (EOW) of the Mumbai Police in an alleged Rs 60.48 crore fraud case. Allegations Against the Couple Businessman Deepak Kothari claims he provided funds to the couple’s defunct company, Best Deal TV Pvt Ltd, between 2015 and […]

National Politics

Karnataka Leaders Demand Investigation into Voter Fraud Claims

By BPN News Desk August 9, 2025

On August 8, 2025, Karnataka Deputy Chief Minister D.K. Shivakumar, who is also the state Congress president, submitted a formal complaint to the state’s Chief Electoral Officer. The complaint followed a protest led by Rahul Gandhi in Bengaluru, raising concerns about possible voter fraud during the 2024 Lok Sabha elections. What the Complaint Highlights Shivakumar […]

National Politics

Shashi Tharoor Backs Gandhi’s Vote Theft Claims

By BPN News Desk August 8, 2025

Congress MP Shashi Tharoor has supported Rahul Gandhi’s recent claims of widespread electoral fraud in the 2024 Lok Sabha elections. He described Gandhi’s allegations of collusion between the ruling party and the Election Commission as serious and called for a prompt response to protect democracy’s credibility. What Gandhi Alleged Rahul Gandhi alleged that about

Law & Order National

Anil Ambani Appears Before ED in Loan Fraud Probe

By BPN News Desk August 5, 2025

Industrialist Anil Ambani appeared before the Enforcement Directorate (ED) in New Delhi on August 5 as part of an ongoing investigation into a major bank loan fraud and alleged money laundering case. The total loan exposure under scrutiny is approximately ₹17,000 crore, involving several companies from the Reliance Group. Preventive Measures Taken by ED A […]

Business

ED Summons Anil Ambani in ₹17,000 Crore Loan Fraud Probe

By BPN News Desk August 1, 2025

The Enforcement Directorate (ED) has summoned businessman Anil Ambani for questioning on August 5 in connection with a major money laundering and loan fraud investigation involving companies under the Reliance Group banner. Raids Across Multiple Locations The summons comes a week after the ED conducted raids at over 35 premises across Mumbai and Delhi. These […]

State News West India

Over 14,000 Men Got Benefits in Maharashtra Women’s Scheme

By BPN News Desk July 26, 2025

Maharashtra authorities have discovered that over 14,000 men fraudulently received benefits meant for women under the state-run Mukhyamantri Majhi Ladki Bahin Yojana. These men each received ₹1,500 per month, adding up to approximately ₹21.44 crore over a span of ten months. The scheme, launched in August 2024, aims to support women aged 21 to 65 from […]

Business

SBI Declares Anil Ambani and RCom Loan as Fraudulent

By BPN News Desk July 22, 2025

The State Bank of India (SBI) has officially classified the loan account of Reliance Communications (RCom) and its promoter Anil Ambani as fraudulent. The decision, made on June 13, 2025, was in accordance with the Reserve Bank of India’s master directions on fraud risk and SBI’s internal policies. This classification was formally disclosed to the […]