Central Bureau of Investigation

Fraud, Scams & Cybercrime

Belgian Court Clears Extradition of Mehul Choksi to India

By Nithya Subramanian | 26/10/2025

An appellate court approved India’s request to extradite Mehul Choksi, who is wanted in connection with $1.54 billion fraud at Punjab National Bank.

Market Abuse

India’s CBI Files Supplementary Chargesheet in NSE Co-location Case

By Nithya Subramanian | 18/09/2025

The chargesheet has named additional brokers and detailed their alleged role in securing preferential access to trading servers.

Anti-Money Laundering

Interpol Issues 'Silver Notice' to Trace Assets of Indian Drug Fugitive

By Editors | 05/09/2025

The notice, the first of its kind for India's Narcotics Control Bureau, targets the proceeds of a Dubai-based trafficker.

Market Abuse

India: Court Accepts CBI Closure Report in NSE Co-Location Audit Case

By Nithya Subramanian | 29/08/2025

The court accepted the CBI report citing insufficient evidence of criminal intent, but urged SEBI to take its investor protection duties more seriously.

Fraud, Scams & Cybercrime

Indian Authorities Uncover $15m Cross-border Cybercrime Scam

By Nithya Subramanian | 26/08/2025

The scam allegedly involved illegal call centres posing as tech support, siphoning money from US victims and routing the money back to India through a network of over 200 bank accounts.

Fraud, Scams & Cybercrime

India Reconstitutes and Expands Mandate of Banking Fraud Advisory Board

By Mark Johnston | 22/08/2025

The reconstituted Advisory Board for Banking and Financial Frauds will have to review all public sector bank frauds over INR 30 million before criminal probes can begin.

Anti-Money Laundering

India’s Supreme Court Allows CBI to File 22 Cases Against Banks and Builders

By Nithya Subramanian | 25/07/2025

The court cited “substantial evidence” of collusion between banks and real estate developers, exposing violations of lending norms under the now-controversial subvention scheme.

Anti-Money Laundering

Nehal Modi Arrested in US, Faces Extradition to India over $1.5B PNB Scam

By Nithya Subramanian | 09/07/2025

Nehal Modi is accused of laundering money, destroying evidence, and intimidating witnesses in connection with one of India’s biggest banking frauds.

Fraud, Scams & Cybercrime

India’s CBI Summons Bank Officials in Major Cyber Fraud Crackdown

By Nithya Subramanian | 04/07/2025

The CBI has launched a nationwide probe into over 850,000 suspected mule accounts linked to cybercrime, amid concerns of insider collusion and weak KYC controls.