Investigations Financial News

China’s authorities are investigating food safety concerns in cooking oils after an investigative report from local media revealed that tankers carrying soybean oil from a major state-owned company were also used to carry a form of coal

summons to former Chief Minister B S Yediyurappa to appear before it on July 15 in connection with a POCSO Act case filed against him. The Criminal Investigation Department had filed a charge sheet against the BJP leader at Fast Track Court 1 for POCSO Act cases here on June 27. A day later, the Karnataka High Court extended its interim order restraining the CID from arresting Yediyurappa after allowing the prosecution to file objections to the petition filed by him seeking quashing of the FIR against him, and then adjourned a further hearing by two weeks. The CID, probing charges against Yediyurappa of sexually assaulting a minor girl, has alleged in the charge sheet that he and three other accused paid money to the alleged victim and her mother to buy their silence.

government's inspection of a Som Group distillery said child labourers, some aged between 13 and 17, were made to fill and pack liquor bottles and worked long hours. Police are investigating the use of child labour at the distillery in Madhya Pradesh state after the federal government's National Commission for Protection of Child Rights said last month it had found 58 children working illegally at the factory. The commission released photos of some with hands showing chemical burns and said some children were transported in school buses for factory work.

Police from across Canada will be descending upon Lethbridge this weekend as members of the Hells Angels and supporters of the motorcycle gang roll into the southern Alberta city.

Latvia’s financial crimes unit has fined the crypto pay service provider Payeer a “record” $10 million for violating EU sanctions on Russia.

scammers are winning. Sophisticated overseas criminals are stealing tens of billions of dollars from Americans every year, a crime wave projected to get worse as the U.S. population ages and technology like AI makes it easier than ever to perpetrate fraud and get away with it. Internet and telephone scams have grown «exponentially,» overwhelming police and prosecutors who catch and convict relatively few of the perpetrators, said Kathy Stokes, director of fraud prevention at AARP's Fraud Watch Network.

Uttar Pradesh Police conducted a search operation at Ram Kutir Charitable Trust in Mainpuri on Thursday for 'Bhole Baba', a self-styled godman who conducted a satsang in Hathras where a stampede took place killing 123 people. An FIR has been registered on the incident naming organizers of the prayer meeting but 'Bhole Baba' has not been named yet. Earlier in the day, Deputy Superintendent of Police (DSP), Mainpuri Sunil Kumar said «Baba has not been found inside the ashram.»

₹2.5-lakh tax exemption limit but own foreign assets must file an ITR to declare these assets. Also read | Income tax deadline looms: Know your ITR forms to avoid penalties Foreign stocks and stock options are to be disclosed in Schedule FA every year that the taxpayer holds them, and not just when they are sold. Failing to do so could attract hefty fines and prosecution under the black money law.

IIT-Madras, Archan Bhattacharya, from Sonarpur near Kolkata, was arrested on Saturday for allegedly stabbing and grievously injuring a neighbour of a family friend, along with the neighbour's wife and son. The attack was reportedly in retaliation for the killing of a stray dog, according to Monotosh Chakraborty in a TOI report. Archan, who travelled from Chennai, has been charged with multiple offences, including attempted murder. The injured family members are receiving treatment at MR Bangur Hospital in Kolkata. Investigators revealed that the dispute arose between the families of Gobindo Adhikari and Subhash Debnath, who have been long-time neighbours in the Chouhati area of Sonarpur. The conflict centred around the Debnath family's practice of feeding stray dogs, which the Adhikari family claimed led to the animals entering their house. In May, the Adhikaris allegedly beat one of the stray dogs, which succumbed to its injuries a few days later.

Uttar Pradesh, a tragic stampede during a religious congregation led by 'Vishwa Hari Bhole Baba' has claimed the lives of at least 121 people, leaving over 300 others injured. The victims, predominantly women and children, were part of a massive crowd that had gathered near Phulrai village in the Sikandrarau area. The stampede left over 300 people injured, overwhelming local medical facilities. The stampede occurred around 3:30 PM as thousands of attendees rushed to touch the feet of Bhole Baba, whose real name is Surajpal, a former police officer turned religious preacher. According to eyewitnesses, parts of the ground had become boggy due to water overflowing from a nearby drain, causing people to slip and fall over one another. Overcrowding was cited as a primary factor, with attendance far exceeding the 80,000 figure mentioned in the event organizers' application. Reports indicated that nearly 2.5 lakh people attended the 'satsang'. Prakash Kumar, an injured attendee from Aligarh, recounted, “There was a large crowd at the site. There was no way out, and people fell on each other and fainted. When I tried to move out, there were motorcycles parked outside, which blocked my way.”

Payeer allowed Russian customers to carry out transactions in Russian roubles to and from EU-sanctioned Russian banks, according to Lithuania's Financial Crimes Investigation Service (FNTT).Russian individuals and legal entities were also offered the chance to receive crypto wallet, account management and storage services, says the FNTT.Over a period of around 18 months, Payeer had at least 213,000 customers, and the company's revenue reached more than EUR164 million.

Officials at the remote site of a derailed train carrying hazardous materials that sparked a fire in North Dakota briefly issued a shelter-in-place notice early Sunday

Several plant-based milks are being pulled off the shelves across Canada due to potential Listeria contamination that has resulted in illnesses.

Diversification in the investment world is not limited to spreading your bets across asset classes and stocks but Sebi's investigation against Quant Mutual Fund in a front-running case is also a reminder of concentration risk in owning mutual funds from just one asset management company. We have seen returns of Axis Mutual Fund getting affected for some time after the front-running case it was embroiled in and now we have Quant's example. Investors whose portfolios have only Quant Mutual Fund schemes are now worried. The important question that comes is how important is diversifying across mutual fund companies for an investor?

Mumbai: In another tragic hit-and-run incident, a woman tragically lost her life after a BMW collided with the bike she was riding with her husband early on Sunday morning. According to a report from TOI, the couple, residents of Worli, Mumbai, were heading to fetch fish when the accident occurred. The collision was so severe that the 45-year-old woman was thrown onto the car's bonnet. Rather than stopping, the driver continued for approximately 100 metres before fleeing the scene. The injured woman was rushed to Nair Hospital, where she was pronounced dead.

8848 feet and that too for a viewing point to get a selfie? Incredible and ludicrous? Yes, but true. When two separate groups of tourists from China reached the 8848 Viewing Platform, located in the Tibet Autonomous Region of China, they decided to take selfies to make the trip memorable. After a tour guide asked them to pose together for a photo beside the Everest Elevation Monument, each group wanted to grab the best place for the selfie. According to the 'Independent', they argued over the optimal viewing position and it snowballed into slugfest and fisticuffs.

The Compound Finance website has apparently fallen victim to a hijacking incident, according to crypto investigator ZachXBT.

Bahujan Samaj Party (BSP) were detained by Chennai Police on Saturday for staging a protest on the main road outside the hospital where the body of slain BSP leader K Armstrong was brought for an autopsy. The protest which saw BSP supporters sitting on the road resulted in a huge traffic pileup. Armstrong, the Tamil Nadu BSP Chief, Armstrong was hacked to death by a group of unidentified men near his residence in Perambur, Chennai. Earlier today, the protestors gathered outside the Rajiv Gandhi Government Hospital mortuary are raised slogans demanding an inquiry by the Central Bureau of Investigation (CBI) and the resignation of Tamil Nadu Chief Minister MK Stalin.

Enforcement Directorate on Monday informed a sessions court here that with an ulterior motive to stall the trial proceedings in a money laundering case, former Tamil Nadu Minister V Senthil Balaji was constantly filing petitions and thereby causing a delay in commencement of trial. Karthik Dasari, Deputy Director, Chennai Zonal Office, Directorate of Enforcement, stated this in his counter affidavit filed before Principal Sessions Judge S Alli, in response to the petitions filed by Balaji. In a petition, Balaji sought to defer the present proceedings and adjourn the case to a later date. In another two petitions, he sought to furnish the missing documents in «Relied Upon Document Nos-16 and 17»-copies of counterfoil challans relating to his account which were collected by the ED in its investigation, to him. In his counter affidavit, Dasari submitted that the petitioner/accused had already filed a petition to defer the trial proceedings and this court had dismissed the same. Challenging this order, the petitioner had preferred an appeal and it was pending before the Madras high court.

Besides cryptocurrencies, drug traffickers have reportedly opted to launder money through Citigroup, viewing the bank as accommodating due to perceived weaker fraud prevention measures.

Wockhardt rallied 18% in early trade to its new 52-week high of Rs 811.50 on NSE. The sharp surge was after the company announced the successful use of its investigational antibiotic, Zaynich (Zidebactam/CefepimeWCK 5222) to treat a cancer patient in the US. The hospital (Children's Hospital of Orange County) sought access to Zaynich, for a young immune-compromised cancer patient, who had been hospitalized for nearly nine months, under a provision termed as ‘Expanded Access IND’ granted by the USFDA.