US law firm Fenwick & West will pay fifty-four million dollars to settle claims from FTX customers. The firm advised FTX before its collaps...

Rudy Giuliani remains in critical but stable condition at a Florida hospital as of Sunday evening, May 3, 2026. No cause for the hospitaliz...

The Enforcement Directorate is now targeting cryptocurrency frauds, terror financing, cybercrimes, and drug trafficking. Bank and real esta...

In situations of financial distress, parents may themselves need help and support. Many of us that live the good life can look out to help ...

A panel suggested restricting real estate insolvency proceedings to stressed projects, not entire companies, to protect homebuyers in solve...

JPMorgan Chase is expanding its legal crackdown on customers who allegedly exploited last year’s viral ATM glitch to withdraw money using f...

An Indian-origin couple, Harmanpreet Singh and Kulbir Kaur, have been accused of subjecting their relative, an immigrant, to forced labour ...

The U.S. Department of Justice's bankruptcy watchdog has urged U.S. Bankruptcy Judge John Dorsey, who is overseeing FTX's Chapter 11, to ap...

FTX says an examiner would merely duplicate work already being done by FTX, its creditors, and law enforcement agencies.

In a bid to get the resolution of Anil Ambani’s Reliance Infratel back on track, lenders led by SBI have said that the ‘fraud’ tag on the c...

Nirav Modi group companies Firestar Diamond Ltd Hong Kong and Firestar Diamond FZE Dubai availed some credit facilities from the Hong Kong ...

The Bankruptcy Court for the Southern District of New York has appointed Alvarez & Marsal to conduct an inquiry into the PNB fraud.

The court said probe has to be carried out before deciding on bankruptcy proceedings against Modi’s companies Firestar Diamond Inc, A Jaffe...

The Indian government last week amended the Insolvency and Bankruptcy Code through an ordinance.

US-based risk consulting firm Kroll says entire process going to become a legalised and formal way of writing off fraud.

Parameswari is charged with four counts of bank fraud, two counts of destroying records, one count of making a false statement and one coun...

The 45-year-old man has been sentenced to 15 years in prison in the US for a $20 mn investment fraud in which he targeted members of the In...