The Enforcement Directorate has restored Rs 11 crore to Citibank related to a 2010 fraud by Shivraj Puri, who misled ...

The bank had settled claims amounting to Rs 302.37 crore to the investors of the scheme perpetrated by Shivraj Puri, the ...

But Oetken disagreed and found that the intrabank transfers consolidate consumer funds to facilitate a subsequent fraud. James also claims that ... “Today’s decision will allow us to continue our case ...

Citibank has issued an urgent alert to its customers in the United States: quishing, a new form of digital fraud, is putting ...

EPA first froze the $20 billion Greenhouse Gas Reduction Fund grants in April, declaring them terminated a few weeks later.

creditors and bondholders adequately alleged that Citigroup substantially aided the fraud, and a lower court judge erred in dismissing the nine-year-old case. Danielle Romero-Apsilos, a Citigroup ...

Citigroup has acknowledged online wire fraud as a "real" problem, but said its systems stop "countless" fraudulent transactions every day. The case is New York v Citibank NA, U.S. District ...

The "awkward" part of this case for Citi, he added, is that federal agencies are citing concerns of fraud, waste and abuse without yet producing evidence. "I sympathize with [Citi] being in the middle ...

Delhi zonal office, on Thursday claimed to have restored assets worth Rs 11 crore, and the interest accrued thereupon, to ...

EPA Administrator Lee Zeldin claimed the grant recipients engaged in mismanagement, fraud ... Citibank to unfreeze the account, but the judge declined. The order only preserves the status quo as ...