Searched for
INFLATING BILLS FRAUD
US Supreme Court rejects Trump's unprecedented bid to fire Fed's CookThe Supreme Court has taken a significant stand for the Federal Reserve's independence, rejecting President Trump's unusual effort to remov...- The old health insurance model sees hospitalisation as an inconvenience, says Narayana Health's Viren Prasad Shetty; bets on managed care modelIt has been close to two years since Narayana Health’s wholly owned subsidiary, Narayana Health Insurance—which has adopted a ‘managed heal...
- Profit on paper, loss in reality: How a routine accounting tool is used to deceive and take investors for a rideAmortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...
- DGGI officers arrest Kapil Chugh over Rs 1,825 cr GST refund fraudDGGI officers have arrested Kapil Chugh, the alleged mastermind behind an Rs 1,825 crore GST refund fraud. Chugh, who evaded multiple summo...
- Will your hospital bills fall with new IRDAI move? Know how policyholders will be impacted with the formation of this new panelPolicyholders facing rising premiums, slow claims, and opaque hospital pricing will soon see changes. IRDAI's new sub-committee aims to sim...
- Nagpur HC stays proceedings in Rs 400 crore CBI loan fraud case against MLA Ratnakar GutteThe Bombay High Court has put a temporary halt to a ₹400-crore bank loan fraud case against Gangakhed MLA Ratnakar Gutte. The court restrai...
- Health insurers see frauds in Rs 50,000 claim segmentHealth insurers are witnessing a significant surge in fraudulent claims, particularly for smaller amounts. This trend is most pronounced in...
- Under Trump's 'big, beautiful' bill, over 10 million more Americans projected to lose insuranceThere would be an increase of 10.9 million people without health insurance under US President Donald Trump's big beautiful bill by 2034, ac...
- DGGI uncovers Rs 3,200 crore in GST fraud, two heldThe Directorate General of GST Intelligence (DGGI) uncovered a Rs 3,200 crore GST fraud, arresting two individuals. The accused created fak...
- ED files fresh chargesheet in Shakti Bhog money laundering caseThe money laundering case against Shakti Bhog Foods Limited was filed after studying a CBI FIR that charged it and others for criminal cons...
- PNB fraud: SEZ trade books inflated in Mehul Choksi LoU affairCBI is probing allegations of inflation of import-export book value to raise funds through fraudulent Letter of Understanding (LoU) in the ...
- Fraud in veteran’s healthcare scheme: Claims made even against dead, says reportAs per an audit, hospitals were overcharging patients, inflated bills were being passed and overpayment of Rs 94.42 cr were detected in Jan...
- A new scam: Treat for dog bite, bill for cancer in Bengaluru's hospitalScam was discovered when an employee at the chief minister's office spotted an anomaly in the bills and lodged a complaint at the Vidhana S...
- Ministry of corporate affairs to notify threshold and rules for flagging corporate fraudsAuditors of companies may soon be required to alert the authorities in case of any fraud involving a sum of at least Rs 1 crore or 10% of a...
- Indian companies yet to fully use whistle blowing mechanism: SurveyWhistle blowing system, popular in the developed nations including the US, would be part of the revamped Companies Act.
- Reebok fraud case: ED begins money laundering probeThe ED has begun a money laundering probe into the alleged Rs 870 crore corporate fraud in sports apparel company Reebok India.
- Reebok India case: Corporate mismanagement led to scamProbe agencies have also found that some of the officials of the company could have been involved in the inflation of bills and over-valuat...
- Health insurers have stepped up their efforts to counter fraudsHealth insurers and their third-party administrators (TPA) have stepped up their efforts to counter frauds in the last one year.
- One PSU insurer stays with cashless mediclaimNational Insurance Co has sent out letters to all its TPA stating that it didn't want to be part of PPN.
- Serious fraud office to vet Elder booksSuspecting that Mumbai-based Rs 550-crore Elder Pharmaceuticals might have siphoned off investors’ money by maintaining bogus accounts, the...
Load More
