India: PNB uncovers more fraud at troubled Mumbai branch
PunjabNationalBank(PNB)hasuncoveredmoresuspectedcreditguaranteefraudwithintheMumbaibranchatthecentreofasimilarallegedscamworthover$2billion,accordingtoacomplain
Top Indian private banks under scanner in bank fraud probe
India'sbiggest-everbankfraudof1.8billionU.S.dollarsisgettingmurkierwitheachpassingday.Afterthestate-ownedPunjabNationalBank,whichistheepicentreofthefraud,twooft
India: CBI arrests four more in $2 billion PNB probe
TheCentralBureauofInvestigations(CBI)hasmadefourmorearrestsinthe$2billionfraudcaseinvolvingstatelenderPunjabNationalBank(PNB),wideningtheinvestigationofthebigge
India: RBI orders changes to bank protocols after $1.8 bln fraud case
India’scentralbankhastoldlenderstolinktheirinternalsoftwarewiththeSWIFTinterbankmessagingsystembytheendofApril,andtoalterarangeofotherprotocolswithimmediateeffe
India: SEBI bars Price Waterhouse from auditing listed firms for 2 years
TheSecuritiesandExchangeBoardofIndia(SEBI)lateonWednesdaybarredPriceWaterhousefromauditinglistedcompaniesinthecountryfortwoyears,afteraprobeintoanearlydecade-ol
Overseas Chinese urged to stay alert against dubious phone calls, emails
ChinaonWednesdayissuedanalertagainstawidespreadtelecomscam,urgingoverseascitizenstostayalertagainstdubiousphonecallsandemails.Accordingtoreports,callerspretendi
Trump dissolves election fraud panel after states balk at data requests
PresidentDonaldTrumponWednesdayshutdownapresidentialcommissionchargedwithlookingintoallegationsofelectoralfraudduringthe2016election,aftermanystatesrefusedtopro
