PunjabNationalBank(PNB)hasuncoveredmoresuspectedcreditguaranteefraudwithintheMumbaibranchatthecentreofasimilarallegedscamworthover$2billion,accordingtoacomplain
India'sbiggest-everbankfraudof1.8billionU.S.dollarsisgettingmurkierwitheachpassingday.Afterthestate-ownedPunjabNationalBank,whichistheepicentreofthefraud,twooft
TheCentralBureauofInvestigations(CBI)hasmadefourmorearrestsinthe$2billionfraudcaseinvolvingstatelenderPunjabNationalBank(PNB),wideningtheinvestigationofthebigge
India’scentralbankhastoldlenderstolinktheirinternalsoftwarewiththeSWIFTinterbankmessagingsystembytheendofApril,andtoalterarangeofotherprotocolswithimmediateeffe
TheSecuritiesandExchangeBoardofIndia(SEBI)lateonWednesdaybarredPriceWaterhousefromauditinglistedcompaniesinthecountryfortwoyears,afteraprobeintoanearlydecade-ol
ChinaonWednesdayissuedanalertagainstawidespreadtelecomscam,urgingoverseascitizenstostayalertagainstdubiousphonecallsandemails.Accordingtoreports,callerspretendi
PresidentDonaldTrumponWednesdayshutdownapresidentialcommissionchargedwithlookingintoallegationsofelectoralfraudduringthe2016election,aftermanystatesrefusedtopro