DHADING, July 19: Police have arrested two people, who allegedly collected money from businessmen in Ganga Jamuna Rural Municipality in the northern part of Dhading claiming themselves to be employees of the Inland Revenue Office.

KATHMANDU, June 22: Police have arrested a fugitive accused of committing banking fraud. The arrestee is Upendra Ghimire, 35, a permanent resident of Halesi Municipality-6 in Khotang who is currently residing in Suryabinayak Municipality-5, Katunje, of Bhaktapur.

KATHMANDU, June 3: Nepal Police have caught a man who was imposed a fine of Rs 1.65 million by the Patan High Court.

KATHMANDU, Dec 13: Cooperatives, member-based local organizations that are supposed to work in the interest of the general public, have instead been found cheating the small savers time and again, thanks to poor monitoring by the regulator.

Four arrested for Rs 190 million fraud

November 10, 2021 13:20 pm

KATHMANDU, Nov 10: As many as four people have been arrested for document forgery by the Central Investigation Bureau (CIB) of Nepal Police. They are accused of forging official documents to prove ownership over 12 bighas of land in Bara, and to take a loan of Rs 190 million from a bank.

KATHMANDU, September 15: The Kathmandu Metropolitan City (KMC) registered complaints against 27 cooperatives accused of embezzling their members’ deposits worth around Rs 440 million in the last fiscal year.

KATHMANDU, Feb 26: Bheri Overseas Manpower has been found to have swindled youths out of Rs 300 million, promising them lucrative jobs abroad. The manpower has run a fraudulent business by luring more than 150 people claiming to send them to various European countries and Afghanistan.

KATHMANDU, Jan 20: Police have arrested a man who conned a person to send to the United States of America, claiming that he was the chairperson of the National Human Rights Commission (NHRC).

KATHMANDU, July 17: The Metropolitan Police Crime Division (MPCD) of Nepal Police on Thursday arrested a fugitive on fraud charges from Madhyapur Thimi Municipality-3 in Bhaktapur district.

Netanyahu Again?

March 11, 2020 09:01 am

TEL AVIV – Israel’s third electoral showdown in a year was not kind to Prime Minister Binyamin Netanyahu. Even though his right-wing bloc of ultra-Orthodox and nationalist parties won more seats in parliament than the center-left bloc headed by former army chief Benny Gantz, he still lacks the parliamentary majority required to form a government. This result does not bode well for Israeli democracy.

KATHMANDU, Feb 23: Finance Minister Dr Yubaraj Khatiwada has said that the government will take stringent action against those insurance companies which are failing to pay compensation to customers on time.

KATHMANDU, Jan 27: Justice at the Supreme Court Ishwar Prasad Khatiwada stated that all the cases related to foreign employment should not be settled through reconciliation only.

Yadav arrested on fraud case

January 9, 2020 11:36 am

SARLAHI, Jan 9: Police arrested Ram Babu Yadav of Barahathawa municipality-10, Sitapur on charge of jeopardizing peace

KATHMANDU, Nov 19: The Department of Revenue Investigation (DRI) on Sunday filed cases at the Kathmandu District Court against three owners of two firms for evading taxes worth Rs 17.42 million by using the fake value-added tax (VAT) bills.

KATHMANDU, Nov 15: Renowned businessman Roop Jyoti who was arrested on November 7 for his alleged involvement in the housing scam released on court date on Friday.

SARLAHI, Sept 23: Shaym Krishna Sah Kalawar, popularly known as 'Shyam Pardeshi' who was arrested on September 1 by the police for defrauding hundreds of poor people in Sarlahi went through the polygraph test. Sarlahi police conducted the polygraph test on the 56 years old local of Malangawa on Monday.

PARIS, July 9:  A court has acquitted French tycoon Bernard Tapie of fraud over a 404 million-euro ($452.5 million at the current exchange rate) payment linked to the sale of sportswear company Adidas in the 1990s.

No country for Palestinians

April 9, 2019 00:25 am

AMMAN – A bizarre election campaign is heating up in Israel. The incumbent Prime Minister, Binyamin Netanyahu, has become the first candidate in the country’s history to seek reelection while facing criminal indictments. Meanwhile, the most important topic—the occupation of the Palestinian territories—has not been mentioned, with candidates instead competing over who can be tougher on the Palestinians.

KATHMANDU, Dec 21: The Supreme Court on Thursday overturned its own three-year-old judgments that slapped jail sentences to two Agricultural Development Bank staffers convicted of defrauding the bank.

Man  held on rape and fraud charge

December 4, 2018 14:49 pm

SAPTARI, Dec 4: Police have rounded up a person on the alleged charge of raping and swindling a woman of thousands of rupees in the district.

KATHMANDU, Nov 23: The Central Investigation Bureau (CIB) of Nepal Police on Friday arrested 37-year-old woman on the charge of defrauding people of over Rs 10 million by promising them jobs in Canada.

MOSCOW, Oct 9: A TV reporter who covered EU funds fraud cases was brutally murdered and allegedly raped in northern Bulgaria. The horrific indent is the third murder of a journalist in the EU amid concerns over press freedom.

KATHMANDU, Oct 5: Kamal Gyanwali, CEO of the then KIST Bank has been arrested from Mahendranagar on Friday morning.  According to Dhiraj Singh, SSP, Metropolitan Crime Division, Gyanwali was arrested on Friday morning and he will be presented to the court at 10:00 am.

KATHMANDU, Aug 29: The Central Investigation Bureau (CIB) of Nepal Police on Tuesday arrested five people including three gold testers on the charge of committing banking offense.

KATHMANDU, March 16: Thirteen persons of erstwhile Apex Development Bank -- promoters and employees -- have been arrested on the charge of banking offence to the tune of  Rs 1.6 billion. The bank, which merged with Nepal Credit and Commerce Bank Limited in January last year, had issued loans without informing the latter although it had already entered the merger process. The loans later turned into bad loans.

KATHMANDU, March 16: Central Investigation Bureau (CIB) of Nepal Police has raided Nepal Credit and Commerce Bank (NCCB) and arrested some staffers for their alleged involvement in the past embezzlement scam.

Police arrest one on fraud charge

February 21, 2018 03:45 am

KATHMANDU, Feb 21: Responding to complaints filed by two Nepali migrant workers who were abducted in Turkey, police have arrested one of the accused, Om Prakash Kumar Panjiyar, on the charge of defrauding.

CHITWAN, Jan 29: Bimal Khadka, 34, of Kathmandu, who was at large after being convicted of banking fraud, has been arrested by police.

KATHMANDU, Dec 15: Police have filed a fraud case against those arrested for cancelling a live concert ‘Marshmello Live in Nepal’ that resulted in vandalism at Club Déjà Vu in Durbar Marga last Wednesday night.

ROME, Nov 12: Silvio Berlusconi resorted to a familiar tactic to appeal to the crowd during a recent political comeback speech on the enchanting Italian island of Ischia: a joke laced with sexual innuendo.

GAUSHALA, august 21: The local authorities here have arrested an employee with the Rastriya Banijya Bank (RBB) in Mahottari for alleged involvement in the Rs 4 million bank fraud case.

DHANGADI, July 26: Bhojraj Biswakarma (45) living in Dhangadi-7, Kailali, made a decision to start a business. He had 11 and a half kathha of land. And that was all. He did not have a job.

KATHMANDU, July 20: Lalitpur Police on Thursday arrested a thug on the charge of fleecing fresh students of Rs 300,000 by promising to help them get through the entrance exams of the Institute of Engineering (IOE), Pulchowk under Tribhuvan University.

KATHMANDU, July 5: The Ministry of Labor and Employment has set up a help desk to look into cases of fraud in the foreign employment sector and for rescue.

Spain's state prosecutor would accept substituting a fine of 255,000 euros (224,554 pounds) for the 21-month prison sentence handed down by a Barcelona court to soccer player Lionel Messi for tax fraud, Barcelona newspaper La Vanguardia reported on Friday.

Angel Di Maria agreed to a deal with Spain's state prosecutor on Wednesday in which the former Real Madrid forward admitted to two counts of tax fraud of almost 1.3 million euros ($1.4 million) in exchange for a lighter sentence.

KATHMANDU, June 22: Metropolitan Crime Division on Thursday arrested Lok Bahadur Shahi, the former general secretary of All Nepal Football Association (ANFA), with the charge of obtaining money from numbers of people by telling a lie that he would send them to Canada through an organization called 'Sports for All'.

Football star Cristiano Ronaldo will testify in a case in which he is accused of hiding income from the tax authorities on July 31, Spanish online newspaper El Confidencial reported on Tuesday.

MADRID, June 20: Spanish prosecutors said on Tuesday they had filed a claim against Manchester United manager Jose Mourinho on two counts of tax fraud in 2011 and 2012, when he managed Real Madrid.

MADRID, June 13: Soccer star Cristiano Ronaldo faces a lawsuit filed on Tuesday by Spain's prosecutor's office in Madrid for allegedly defrauding Spanish tax authorities of 14.7 million euros between 2011 and 2014.

One held in fraud case

May 28, 2017 15:29 pm

KATHMANDU, May 28: Central Investigation Bureau (CIB) has held one person in a fraud case. Police has arrested Saroj KC on Sunday from Samakhushi.

BARCELONA, May 24: Spain's Supreme Court on Wednesday rejected an appeal by Barcelona football star Lionel Messi and stood by a Catalan regional court's 21-month prison sentence for tax fraud, court documents showed.

A Brazilian tax appeals court ruled on Wednesday that Barcelona forward Neymar could cede his image rights to family businesses and dismissed charges by federal auditors that they were front companies set up to dodge taxes.

SURUNGA (Jhapa), Dec 27: A person has been arrested on charges of fraud by using a fake facebook profile under the name of Matin Anthony Mart.

2 Turkish nationals held for ATM fraud

November 10, 2016 14:05 pm

KATHMANDU, Nov 10: The Central Investigation Bureau (CIB) of Nepal Police on Thursday arrested two Turkish nationals with Rs 2 million cash stolen through various ATM booths using fake cards.

KATHMANDU, Nov 7: After an alarming rise in ATM fraud in America and Europe in recent years, Romanian skimming gangs are found to be active in Nepal of late, prompting bank operators, law enforcement agencies and consumers to take immediate precautions to avert possible risk.

Absconding fraud convict arrested

July 20, 2016 01:00 am

KATHMANDU, July 20: The Central Investigation Bureau (CIB) of Nepal Police on Monday arrested an absconding fraudster who was convicted by the District Court Kathmandu about 12 years ago on the charge of duping a woman by using fake notes to pay the debt he owed to her.

Gold jewellery fraud racket busted

July 11, 2016 09:30 am

ITAHARI, July 11: The police have busted a fraud racket involved in intoxicating the people before robbing them off gold jewellery.

A Barcelona court has given Lionel Messi and his father suspended sentences of 21 months in prison for tax fraud.