On Sunday, FIIT-JEE conducted an entrance exam all over the world not for engineering seats but for its coaching in collaboration with several local colleges all over major cities and more than one lakh students reportedly appeared, While reports negligence to inform parents and harassment meted out by parents and students, the fees is a whopping 4.5 lakhs per 2-year ...
Read More »Tag Archives: fraud
FIIT-JEE Talent Reward (FTRE) Exam Turns Nightmare for Students, Parents
Come Sunday, students entering higher classes from fifth onwards to 12th standard face similar pressure — entering IIT (Indian Institute of Technology) via mushrooming coaching centres and FIIT-JEE tops them all in terms of fees and cramming pressure. To attract more gullible parents, the Delhi-based coaching behemoth has even started a screening test for lakhs of students charging them Rs.750 ...
Read More »Texas Jury Awards $60 Million to Victims in Oil & Gas Fraud Case
A Texas jury has awarded more than $60 million to two groups of oil and gas investors who were de3nied profits from oil and gas production leases covering thousands of acres in West Texas. The Aug. 19 verdict includes more than $28 million awarded to Lowry Hunt of Mansfield’s L.W. Hunt Resources and Richard Raughton of Fort Worth, and is ...
Read More »Bitcoin firm MtGox CEO Mark Karpeles arrested in Japan
The CEO of the failed MtGox company that once acted as the world’s largest exchange of the virtual currency, bitcoin, was arrested in Japan. Born in France, he moved to Japan in 2009. Mark Karpeles, 30, the CEO of MtGox was held for the loss of virtual currencuy amounting to bitcoins worth $387million in February 2014. Police suspect that he ...
Read More »Lionel Messi to face trial over tax fraud charges, star’s father denies crime
Just days after winning the historic double treble with Barcelona, Argentine Lionel Messi is set to stand trial over alleged tax fraud, amounting to 4.1 million Euros. The decision came on Wednesday when a provincial court in Barcelona rejected the footballer’s appeal that was lodged by his lawyers. Messi’s father, Jorge Horacio Messi was accused of ignoring tax, amounting to ...
Read More »Jitender Singh Tomar – Journey from Tri Nagar to Tihar?
A registered lawyer with the Delhi Bar council, Jitender Singh Tomar is just an icon of ambition to succeed in life bereft of the means. Many have chosen similar journey to fame and success in Indian politics but few of them stumble earlier than others. Nobody in AAP could have cast an eye on scrutinising his certificates when he was ...
Read More »IBM Uncovers Stunning Bank Transfer Malware ‘Dyre Wolf’ Taking out Money from Accounts
IBM has found a rather sophisticated fraud scheme that uses a combination of phishing, malware and even phone calls to transfer money from gullible Internet Banking users, siphoning off about $1 million so far from large and medium-sized American companies companies. IBM security researchers found the scheme the named “The Dyre Wolf,” is too small to detect by huge companies ...
Read More »How ‘ghost’ teachers keep haunting Punjab medical colleges?
By Jaideep Sarin Medical science may not believe in the ghost stories but unethical practices adopted by private medical colleges and unscrupulous doctors in the region have put a big question mark on the standard of education being imparted and the kind of doctors being churned out by these institutions. With 436 ‘ghost’ teachers being discovered by the Punjab ...
Read More »Unprecedented Cyber Bank Robbery of $1 billion divides experts
Security experts were split over the severity of the alleged “unprecedented cyber robbery” and the amount of cash stolen, following a Russian computer security firm’s report that hackers have stolen $1 billion from nearly 100 banks since 2013, a media report said Monday. Russian computer security firm Kaspersky Lab estimated that $1 billion has been stolen in the attacks, which ...
Read More »CBI Arrests Deccan Chronicle Chairman in Rs.357 Crore Bank Fraud Case
Deccan Chronicle chairman T Venkatram Reddy was arrested on Saturday afternoon by the CBI in a bank cheating and fraud case along with his brother T Vinayak Ravi Reddy. He was charged with cheating Canara Bank involving Rs 357 crore. After arresting them at their office, they were taken to the Osmania General Hospital for a medical check-up. The CBI ...
Read More »