Bank Fraud News

Police allege that the "Penthouse Syndicate" has defrauded major banks, including National Australia Bank, Commonwealth Bank, Westpac, and ANZ, of $500 million.

Authorities discovered that ₹7.4 crore in real cash was replaced with fake currency at a PNB vault in Saharanpur, leading to an FIR against bank staff and priva

Two women were arrested in Delhi for scamming a 67-year-old man out of Rs 1.30 lakh after connecting with him on a dating app. They stole his mobile phone and s

Police have busted a syndicate involved in a bank fraud worth Rs 70 crore.

Chase Matthew Griffin, a South L.A. Crips member, was sentenced to nine years in prison after pleading guilty to conspiracy to commit bank fraud. Prosecutors st

A gang in Karnataka reportedly cheated banks of Rs 27 lakh over a year using a method described as 'gold-plated lies'.