A young entrepreneur, Krishna Maggo, who gained early attention for launching an investment platform as a teenager, is now facing tough questions from investors—even as he gears up to introduce a new financial venture. Maggo founded Sateeq in 2022 at just 16, aiming to help people invest in
The Dewan Housing Finance Corporation Limited (DHFL), once a key player in India’s housing finance sector, has been at the center of one of the country’s biggest financial scams. The fraud, worth over ₹34,000 crore (approximately $4.3 billion), involved fake borrowers, shell companies, and alleged misuse of government schemes. Who Was Involved? DHFL: A non-banking […]
In a major crackdown on illegal betting, India’s Enforcement Directorate (ED) has stepped up efforts against Ratan Lal Jain, the alleged mastermind behind the Mahadev Book betting network. Sources say that Jain, along with Girish Talreja—both originally from Bhopal—started their betting operations locally before relocating to Dubai, from where they are said to operate one
Ratan Lal Jain: Alleged Co-owner of Mahadev App and Lotus 365 in India’s Largest Online Betting Scam
In recent months, the name Ratan Lal Jain has surfaced in connection with Mahadev App and Lotus 365, two controversial online betting platforms in India. These platforms have gained notoriety not only for their expansive reach but also due to allegations of large-scale financial fraud and money laundering. As law enforcement agencies tighten the net […]
The journalist was first arrested by the CBI and later the Enforcement Directorate in May 2018. He subsequently got bail. New Delhi: The Enforcement Directorate on Monday said it has attached flats in Noida and fixed and bank deposits worth Rs 2.18 crore in connection with a 2018 money-laundering case against journalist Upendra Rai and […]
In a significant ruling, the Supreme Court of India has cancelled the statutory bail granted to Kapil Wadhawan and Dheeraj Wadhawan, the former promoters of Dewan Housing Finance Corporation Limited (DHFL), who are accused in a ₹34,615 crore bank fraud case. What Did the Supreme Court Say? A bench comprising Justices Bela M Trivedi and […]
MUMBAI: A complaint has been filed against Sajjan Jindal, the managing director of the JSW Group, at the Bandra-Kurla Complex (BKC) police station on Wednesday. An actress has accused him of rape, alleging that the incident took place in January 2022 at the penthouse located above the company’s head office in Mumbai. The actress claimed […]
Guwahati: In a significant breakthrough, Guwahati Police have arrested David Dey alias Debajyoti (31), the alleged mastermind behind a sprawling cybercrime network operating fake call centres in the city for over two years. Along with him, Rajan Sidana (39) from Ludhiana, Punjab, and Divyam Arora (31) from Delhi were also arrested, while 191 employees from […]
A shocking investigation has exposed how Kapil and Dheeraj Wadhawan, the former DHFL promoters accused in a ₹34,614 crore bank fraud, managed to bypass jail restrictions and enjoy special privileges under the guise of medical check-ups. Despite being lodged in Mumbai’s Taloja Central Jail, the Wadhawan brothers were seen leaving for government hospital visits, only
DHFL promoters Kapil and Dheeraj Wadhawan enjoying special privileges while in judicial custody for their alleged involvement in a ₹34,610 crore bank fraud. Instead of experiencing the hardships of prison life at Taloja Central Jail, the brothers were seen orchestrating secret outings under the pretense of medical check-ups at government hospitals in Mumbai. Luxury Behind
