India
Corruption Frauds Scandals
Indian Americans
India
Mallya never intended to repay loans CBI
NEW DELHI (TIP): Liquor baron Vijay Mallya never intended to repay the loans he took for Kingfisher Airlines, the Central Bureau of Investigation (CBI) claimed in its supplementary charge sheet,which it filed against the embattled businessman and 10 others earlier this month. In the […]
Business & Economics
PAY OR GO TO JAIL, SUBRATA TOLD
NEW DELHI (TIP): Embattled Sahara Chief Subrata Roy today appeared before the Supreme Court which extended his parole till June 19 with a warning that failure to pay Rs 1,500 crore, as promised, may again […]
Business & Economics
Indian-American Investment Banker Avaneesh Krishnamoorthy Charged with Insider Trading
WASHINGTON (TIP): Indian-American Avaneesh Krishnamoorthy has been charged with insider trading by the Securities and Exchange Commission (SEC). Avaneesh Krishnamoorthy, a Vice President in the risk management department of Nomura Securities, a New York-based investment […]
Business & Economics
Vijay Mallya arrested in London by Scotland Yard
NEW DELHI: Business tycoon Vijay Mallya, the boss of the now defunct Kingfisher Airlines, owes Rs 9,081 crore to a consortium of 17 Indian banks, has been arrested in London and will be produced in […]
India
For 20 paisa each, bank data of 1-cr Indians was up for sale
NEW DELHI (TIP): The bank account data of one crore Indians was up for sale. And it was dirt cheap at 10 or 20 paisa per individual, police investigations have revealed. Probing the case of […]
India
Indian Man Pleads Guilty to Use of False Passport
NEW YORK (TIP): Manish Patel, 43, a citizen of India, pled guilty on April 3 to use of a false passport, announced United States Attorney Richard S. Hartunian. As part of his guilty plea, Patel […]
Business & Economics
Indian Americans
Indian American tech executive indicted for H-1B visa fraud
FREMONT, CA (TIP): Two Bay Area tech executives, Including an Indian American CEO of an employment firm based in Fremont with an office in India, are accused of filing false visa documents through a staffing […]
Asia
South Korea’s ousted leader Park Geun-Hye arrested
SEOUL (TIP): South Korea‘s ousted president Park Geun-Hye arrived at a detention centre near Seoul early March 31 after being arrested over the corruption and abuse of power scandal that brought her down. The Seoul […]
Indian Americans
Indian American New Jersey Jewelry Store Owners Sentenced for International Credit Card Fraud
JERSEY CITY, NJ (TIP): Two Indian American owners of a New Jersey jewelry store who used the business to further one of the largest credit card fraud schemes ever charged by the Justice Department were […]
Other News
Indian Americans
Indian American Postal Supervisor Charged with Theft of Government Property
CAMDEN, NJ (TIP): An Indian American resident of Delran, New Jersey, faces charges that he abused his position as a U.S. Postal Service supervisor to steal cash deposits, U.S. Attorney Paul J. Fishman announced earlier […]
Indian Americans
Indian Origin Man from Queens jailed for Alien Smuggling
NEW YORK (TIP): Harpushpinder Singh, 46, an Indian citizen residing in Richmond Hill, Queens, New York, was sentenced on March 18 to time served (9 months in jail) as a result of his trial conviction […]
Business & Economics
MALLYA CRIES FOUL OVER ‘MISTREATMENT’ BY LENDERS
NEW DELHI (TIP): Businessman Vijay Mallya told the Supreme Court that he had offered to settle his dues with banks but they were not willing to take it. Mallya, who lenders claim owe them Rs […]
Business & Economics
INDIA MAY HAVE TO WAIT LONG TO GET MALLYA BACK
NEW DELHI (TIP): With the UK legal system providing enough safeguards to industrialist Vijay Mallya take advantage of, India may have to wait long to get him extradited. Though India and the UK have a […]
Asia
Samsung chief Lee arrested as South Korean corruption probe deepens
SEOUL (TIP): Samsung Group chief Jay Y. Lee was arrested early on Friday over his alleged role in a corruption scandal rocking the highest levels of power in South Korea, dealing a fresh blow to […]
Indian Americans
Comptroller Stringer Debars Contractor that Cheated Immigrant Workers out of $1.7 million in Prevailing Wages and Benefits
(New York, NY) – New York City Comptroller Scott M. Stringer today assessed $3.2 million in fines against K.S. Contracting Corporation and its owner, Paresh Shah, for cheating dozens of workers out of the prevailing […]
India
Politics
Mangano, Venditto corruption trial date set for 2018: April 5 is the next court date
MINEOLA, NY (TIP): A Newsday report published February 9, said a federal judge in Central Islip on Wednesday, February 8, set Jan. 15, 2018, as the start of the corruption trial of Nassau County Executive […]
United States
Indian American charged with impersonating US Tax Official: Abhijeetsinh Jadega of Miami, Florida, faces 12-count indictment
MIAMI, FL (TIP): A 29-year-old Indian American man and another person have been charged with pretending to be US tax officials and falsely representing victims from the department to pay money to their bank accounts, […]
Africa
Indian origin man charged with drug smuggling in US
NEW YORK (TIP): On January 31, Preet Bharara, the United States Attorney for the Southern District of New York, and Raymond Donovan, the Special Agent in Charge of the Special Operations Division of the U.S. […]
Indian Americans
Indian-American Jailed for $1 Million Insider Trading Scheme
An Indian-American man has been sentenced to 20 months in prison for a $1 million insider trading scheme involving the failed Apollo Tyres bid to takeover Cooper Tire, prosecutors said on Wednesday. Amit Kanodia, 49, […]
Indian Americans
Federal bribery trial for Harendra Singh indefinitely delayed
NEW YORK (TIP): The much anticipated federal trial of the once prominent Long Island restaurateur Harendra Singh, which was scheduled for jury selection Monday, January 2, has been delayed indefinitely, according to court records, the judge’s […]