ECONOMIC OFFENCES WING

  • Three smugglers arrested with 5.37 quintal ganja April 3, 2014

    The Economic Offence Wing (EOW) has seized 5.37 quintals of ganja from a truck and arrested three persons from NH-30 on Patna-Fatuha Road in Bihar's Patna district, an official said on Thursday. Acting on a tip off, the EOW sleuths intercepted a truck on Patna-Fatuha Road last night and seized the...
  • Gang involved in forgery in Railway recruitment busted February 14, 2014

    The Bihar police on Thursday busted a gang involved in cheating money in the name of recruitment in Railway with arrest of three persons. The Economic Offence Wing of the state police has recovered papers of properties worth Rs 2.26 crore from kingpin of the racket identified as Satyendra Kumar of...
  • Anticorruption unit detects Rs 4.86 crore disproportionate assets of Jr Engineer February 7, 2014

    The anticorruption unit of Bihar Police has detected documents of disproportionate assets to the tune of Rs 4.86 crore allegedly belonging to a Junior Engineer of a state government undertaking, an officer said on Friday. Acting on a tipoff, the Economic Offence Wing (EOW) carried out search at Sunil Kumar's six...
  • Police to question former billiards champion Michael Ferreira December 13, 2013

    Mumbai: Former world billiards champion Michael Ferreira has been summoned in connection with the Rs 425 crore scam allegedly committed by multilevel marketing firm QNet, a police officer said. "Michael Ferreira has been summoned before us to record his statement in connection with a case related to the QNet scam," the...
  • Speak Asia scam: Second main accused arrested from Bangalore December 2, 2013

    New Delhi: The Delhi crime branch has arrested another main accused in the Speak Asia scam. Ram Niwas was picked up from Bangalore. Speak Asia is facing the allegations of a massive fraud of Rs 2,400 crore. It is being probed by the Economic Offences Wing (EOW) and the Enforcement...
  • Actor Akshaye Khanna duped of Rs 50 lakh, files complaint October 20, 2013

    Mumbai: The Economic Offences Wing (EOW) of Mumbai Police on Saturday launched an investigation into a complaint of cheating filed by Bollywood actor Akshaye Khanna against a firm. In his complaint, Akshaye alleged he invested Rs 50 lakh in the firm on the advice of its president and his wife and...
  • Former NSEL MD & CEO Anjani Sinha arrested October 17, 2013

    New Delhi: Former National Spot Exchange Limited CEO and managing director Anjani Sinha was arrested on Thursday by the Economic Offences Wing after an interrogation that lasted over 8 hours, reports CNBCTV18's Aastha Maheshwari. Sinha will now be taken to the office of the Joint Commissioner of Police EOW, where he...
  • Police arrests NSEL Vice President Amit Mukherjee October 9, 2013

    Mumbai: The Economic Offence Wing (EOW) of the Mumbai police on Wednesday arrested Amit Mukherjee, vicepresident of crisishit National Spot Exchange (NSEL), in connection with the bourse's Rs 5,600 crore scam. NSEL on Tuesday defaulted on its payment for the eighth time in a row. The EOW called in Mukherjee for questioning...
  • Saradha Group's manager arrested, 2 more offices sealed May 5, 2013

    Kolkata: The manager of Saradha Group's Raniganj branch office was arrested on Sunday. Two of the company's offices in Birbhum in West Bengal were also sealed and computers, certificates and bonds worth Rs 23,000 were seized. This after an investor lodged a complaint against the company. The Economic Offence Wing of...
  • Odisha Police breaks open Saradha Group's office May 4, 2013

    Balasore: The Economic Offence Wing (EOW) of Crime Branch of Odisha Police on Friday broke open the office of the Saradha Group in Balasore and seized certain documents relating to alleged duping of gullible investors in the district. The officials of the EOW with the help of the local police...
  • Odisha's EOW begins probe against Saradha Group April 30, 2013

    Bhubaneswar: A day after the state government giving the goahead, the Economic Offence Wing (EOW) of Crime branch of Odisha Police on Tuesday registered a criminal case against the Saradha Group which allegedly duped gullible investors in Balasore and Puri districts. A team of the EOW on Tuesday rushed to Balasore...
  • Sahara Group chief appears before Sebi in refund case April 10, 2013

    Mumbai: Sahara Group chief Subrata Roy and top executives reached Sebi's office to appear before the market regulator in connection with the highprofile refund case involving an estimated Rs 24,000 crore payment to over three crore investors. Sebi had said that if they failed to appear, it would issue orders...
  • Mumbai Economic Offences Wing launches probe against Sahara April 10, 2013

    Mumbai: The Mumbai Economic Offences Wing has launched a preliminary investigation against the Sahara Group. The probe will focus on whether Sahara is intimidating investors. The Mumbai EOW chief has told CNNIBN that they have been asked by the Government of India to probe Sahara. This comes even as Sahara group...
  • Stock Guru just one of the many cheatandrun cases November 16, 2012

    Records with the Mumbai Economic Offences Wing accessed by CNNIBN show a substantial rise in cheatandrun offences. ...
  • India @ 9 with Karma Paljor November 13, 2012

    A couple was on Tuesday arrested for allegedly duping around two lakh investors from seven states of nearly Rs 500 crore by promising them high returns on their investment through their firm dealing in stock market. ...
  • Stock Guru scam: Police to approach SFIO November 13, 2012

    New Delhi: A Rs 500 crore scam that left over 10,000 investors duped across seven states the Delhi Police is now planning to approach the Enforcement Directorate and the Serious Fraud Investigation Office (SFIO) to get to the bottom of it. However, people who invested in the firm claim...
  • 500 cr, 7 states, 2 lakh investors: one couple's scam November 13, 2012

    Ratnagiri: A couple has been arrested for allegedly duping around two lakh investors from seven states of nearly Rs 500 crore by promising them high returns on their investment through their firm dealing in stock market, police said today. "After a hunt of one year, Ulhas Prabhakar Khaire, 33, a resident...
  • Khurshid controversy: EOW starts collecting documents October 15, 2012

    Lucknow: The Uttar Pradesh Police's Economic Offences Wing on Monday began its probe into the alleged financial irregularities in a trust run by Union Minister Salman Khurshid. It started collecting documents at various levels, "including state, divisional and district headquarters as a part of the investigation", Director General EOW, Subrat...
  • Khurshid row: EOW conducts raids in 16 districts of UP October 15, 2012

    Lucknow: The Economic Offences Wing conducted raids on handicap welfare centres in 16 districts of Uttar Pradesh on Monday in connection with the allegations of irregularities in Salman Khurshid's NGO. The EOW of the Uttar Pradesh Police had launched a probe into the matter on Sunday. The probe is being carried...
  • Case against IAS officer with Rs 930 mnworth property February 21, 2010

    Raipur: The Economic Offences Wing (EOW) in Rajpur has registered a case against a senior Indian Administrative Services (IAS) officer after the Income Tax department said he owned properties worth Rs.930 million (Rs.93 crore). The IT sleuths raided the residence and business establishments of IAS officer B L Agrawal February...
  • Top cop in MP cheats for son, sacked September 22, 2006

    Bhopal: Madhya Pradesh Director General of Police (DGP) Swaraj Puri was removed from the post on Friday after a case was registered against him for allegedly committing fraud in getting his son admitted to an engineering college in Indore under NRI quota, official sources said. Puri's removal came in wake of...