Indian insurance companies have borne a loss of over Rs 30,000 crore in 2011 due to different kinds of frauds, a study has claimed.

It cited collusion between the employees of insurers and private pe

Chinese and Indian citizens dominated Australia's border control blacklist, secret documents showed on Saturday, with the majority of people singled out for national security reasons.

The closely gua

A federal grand jury in the US has indicted 26 people, including 19 Indians, for their participation in a multi-million dollar health care fraud and drug distribution scheme to facilitate the submi

Conmen seem to be having a field day in Asia, especially, in India where most of the frauds never get reported, as per a survey by global consultancy firm KPMG.

"In India, 88 per cent of frauds are n

Boston: At least six Indian-origin persons are among over 100 doctors, nurses and healthcare professionals arrested on charges of alleged involvement in a massive Medicare fraud estimated at USD 225

Gurgaon/New Delhi: Citibank manager Shivraj Puri, accused of cheating the bank's customers, surrendered before police and was taken into custody on Thursday even as the quantum of his alleged fraud wa

New Delhi: Police said on Wednesday they were investigating Citibank staff in Gurgaon over a multi-million-dollar scam targeting wealthy clients.

Employees at the bank in Gurgaon, where many internat

Evidence is emerging that last weekend’s parliamentary election in Afghanistan was affected by widespread fraud, so much so, that it could affect the results in a third of the country’s provinces.

New Delhi, Aug. 13: The Supreme Court has allowed the US firm, Venture Global Engineering, to place before the Hyderabad civil court all the facts in its possession about the Satyam Computers fraud.