HP to continue $4 billion damages case against Mike LynchHP, the US company had been seeking compensation over its acquisition of British tech firm Autonomy amid claims of fraud masterminded by it...
02 Sep, 2024, 07.27 PM IST
Relief in crypto world over Sam Bankman-Fried convictionBankman-Fried faces more than 100 years in prison at sentencing scheduled for March 28, 2024. He is expected to appeal.
04 Nov, 2023, 07.13 PM IST
China's Luckin Coffee to delist from NasdaqLiu has been accused of faking 2.2 billion yuan ($310 million) worth of sales in 2019.
27 Jun, 2020, 01.20 PM IST
Fraud-hit Punjab National Bank alleges it has been cheated againThe lender has categorized Carnation’s account as a bad loan with effect from June 30, 2012, according to the complaint. The fraud-hit bank...
27 Dec, 2019, 01.57 PM IST
Bear markets are like ethical hackers, they expose scams: Shankar SharmaI really don’t know why regulators around here hate bear markets, said Sharma in a tweet.
02 Feb, 2019, 12.16 PM IST
Poke Me: Corporate scandals benefit investors. Do you agree?In a way, corporate scams improve your financial vocabulary and take away a lot from the finance MBAs that investment banking companies pay...
20 Sep, 2012, 11.21 AM IST
- Indian-American couple charged in $460mn scam
An Indian-American couple here has been charged with raking in over $460 million in crooked cash through a recordsetting corruption scam.
22 Jun, 2011, 03.24 AM IST
- Trial opens for Jerome Kerviel
Accused rogue trader Jerome Kerviel goes on trial Tuesday in Paris, accused of gambling tens of billions of euros (dollars) of Societe Gene...
08 Jun, 2010, 03.47 PM IST
- India vows law to fight corporate fraud after Satyam scandal
India's government announced Thursday a draft law to avert more corporate scandals like the massive fraud which embroiled outsourcing giant...
10 Dec, 2009, 04.54 PM IST
What did Satyam investors lose?A look at Satyam's stock demonstrates the importance of establishing the period over which a firm's financial condition has been misreprese...
25 Feb, 2009, 06.42 AM IST
- Govt to scrutinise companies' books to prevent fraud
Intense scrutiny of the cos' books to take place by govt to find if they are 'fraudulently diverted funds'. Accounting scandals | The crux ...
31 Jan, 2009, 08.19 PM IST
PwC auditors held for Satyam fraudIn an incident first of its kind in India, partners of the auditing firm PwC were arrested for their alleged role in the Satyam scandal.
25 Jan, 2009, 08.56 AM IST
- Indian fraud-busters to probe Satyam, says government
A special fraud team is to investigate the billion-dollar false accounting scandal at Indian outsourcing giant Satyam Computers.
14 Jan, 2009, 10.49 PM IST
Satyam episode may threaten FDI in India: Foreign mediaThe fraud at Satyam brick bats in the foreign media with some saying that this could threaten investment from abroad.
08 Jan, 2009, 01.27 PM IST
- European banks trembling at scale of Madoff scandal
Banks in Europe are trembling in the face of fraud allegedly perpetrated by New York broker Madoff. Countries in recession | Ghosts of 1929...
15 Dec, 2008, 12.52 AM IST
- Britons plead guilty to Enron-related fraud
Three former British bankers pleaded guilty in a Texas courtroom on Wednesday to a single count of fraud related to the scandal-ruined ener...
29 Nov, 2007, 06.25 AM IST
- Split verdict in Enron broadband retrial
Of two former Enron broadband executives to be retried on fraud and conspiracy charges in the wake of a hung jury last year, one faces pris...
02 Jun, 2006, 12.54 AM IST