Showing posts with label Banking. Show all posts
Showing posts with label Banking. Show all posts
Monday, September 12, 2011
Age row: Army chief V K Singh files statutory complaint
The Haryana Police Crime Branch on Wednesday raided the residence of Lieutenant General (retd) P N Hoon, in search of Hoon’s daughter Deeksha Puri - an accused in the multicrore Citibank scam. Deeksha Puri’s son Shivraj Puri, a former banker with the Citibank, is the prime accused in the scam, which rocked the financial market last year. General Hoon is a former General Officer Commanding-in-Chief, Western Command.
A team of Crime Branch reached General Hoon’s residence in Sector 6, Panchkula, where Deeksha Puri had been staying for the past many weeks now. “We searched the residence of General Hoon, but did not find her there. Further raids are yet on”, said one of the investigating officials of the case.
According to the senior Haryana police officials, Deeksha Puri’s bail was rejected by the Punjab and Haryana High Court on Monday, after which she told the police that she would be surrendering in the Gurgaon court on Wednesday. Deeksha Puri was one of the Directors of Normans Martin Brokers, a company run by the Puri family, which is also under Crime Branch’s scanner in the Citibank scam.
Haryana police raids Lt Gen Hoon’s home: Citibank scam
Citibank scam: Deeksha Puri’s bail rejected
Sanjay Yadav, TNN Nov 12, 2011, 04.01AM IST
GURGAON: A city court dismissed the anticipatory bail application of Deeksha Puri, one of the co-accused in Citibank scam, on Friday. She had applied for bail for the second time. After hearing Puri's application, additional sessions judge Naresh Kumar rejected the application. According to sources, Shiv Raj Puri, the prime accused in the Rs 400 crore Citibank fraud, and his mother, Deeksha Puri, made a series of gold purchases worth several crores from different places before learning that they had run out of luck.
Bail Refused
Comment: Lt Gen Hoon needs to set his own house in order. His comments on probity sounds hollow. He needs to practise what he preaches as a Veteran. Shameful!
Friday, August 20, 2010
Higher Rate of Interest under Senior Citizens Saving Scheme
Friday, August 20, 2010 18:51 IST
The Senior Citizens Savings Scheme, 2004 (SCSS), was designed to meet the need of a regular flow of income for the senior citizens and retired persons with security of investment, liquidity of funds and operation convenience. Keeping in view of the above, higher rate of interest at 9 percent per annum is offered to all senior citizens under this scheme. Persons who are 60 years of age and above can make a deposit under the scheme. Those retired persons who are 55 years of age and above but below 65 years are also eligible to invest their retirement benefits subject to maximum deposit limit of Rs.15 lakh under the scheme.
Facility of loan or overdraft against the deposit would necessitate pledging of the deposit under this scheme. As a consequence, the subscriber of a pledged account will not be able to withdraw the interest amount periodically defeating the very purpose of the scheme.
This information was provided by the Minister of State for Finance, Shri Namo Narain Meena in reply to an Unstarred Question in Lok Sabha today. **** DSM/SKK
Higher Rate of Interest under Senior Citizens Saving Scheme
The Senior Citizens Savings Scheme, 2004 (SCSS), was designed to meet the need of a regular flow of income for the senior citizens and retired persons with security of investment, liquidity of funds and operation convenience. Keeping in view of the above, higher rate of interest at 9 percent per annum is offered to all senior citizens under this scheme. Persons who are 60 years of age and above can make a deposit under the scheme. Those retired persons who are 55 years of age and above but below 65 years are also eligible to invest their retirement benefits subject to maximum deposit limit of Rs.15 lakh under the scheme.
Facility of loan or overdraft against the deposit would necessitate pledging of the deposit under this scheme. As a consequence, the subscriber of a pledged account will not be able to withdraw the interest amount periodically defeating the very purpose of the scheme.
This information was provided by the Minister of State for Finance, Shri Namo Narain Meena in reply to an Unstarred Question in Lok Sabha today. **** DSM/SKK
Higher Rate of Interest under Senior Citizens Saving Scheme
Thursday, May 13, 2010
Internet Security: Don't believe this notice from Gmail
Shalini Singh, TNN, May 13, 2010, 04.00am IST
False alarm: The 'notice' also carried a threat that users who did not update their details within seven days would lose their account permanently.
NEW DELHI: India's 71 million internet and close to 10 million broadband users are increasingly becoming the victims of vicious phishing attacks that can result in identity theft, danger to life and even crippling financial fraud. On Wednesday, users of Google's email services received a legal notice from the gmail team asking them to update their account details for security reasons.
"Gmail Team is working on total security on all accounts in order to make Gmail better as ever and as a result of this security upgrade we require all Gmail members to verify their account with Google. To prevent your account from disability you will have to update your account by clicking the reply button and filling the space below," the mail read.
The legal notice from Gmail wanted users to refurbish their account name, password, occupation, birth date and country of residence. It also carried a threat that users who did not update their details within 7 days of receiving the warning would lose their account permanently.
However, when contacted, a Google spokesperson said: "Some spammers send fraudulent mass-messages designed to collect personal information, called 'spoofing' or 'password phishing'. We always advise our users to be wary of any message that asks for your personal information, or messages that refer you to a webpage asking for personal information. Google or Gmail does not send unsolicited mass messages asking for passwords or personal information; even if the message asking for it claims to be from us, please don't believe it."
This information is publicly available in the Gmail support center at click here. According to Rakshit Tandon, consultant safe surfing with the Internet & Mobile Association of India (IAMAI), "Phishing activity has been on the rise across India since December. The biggest targets for cyber criminals are banking sites followed by free email sites like Gmail and Yahoo and social networking sites like Facebook and Orkut," he said.
The IAMAI runs cyber safety programmes and has already worked with 3,50,000 students in 185 schools across 43 cities and 13 states.
"A schoolteacher in Mumbai lost close to Rs 10 lakh after phishers got into her netbanking account. Internet penetration is going up which is inviting more criminal attacks as awareness levels are very low," adds Tandon.
His advise is to be investigative and use logic (BIUL) when using the Net in order to improve your personal Internet security levels.
Don't believe this notice from Gmail
False alarm: The 'notice' also carried a threat that users who did not update their details within seven days would lose their account permanently.
NEW DELHI: India's 71 million internet and close to 10 million broadband users are increasingly becoming the victims of vicious phishing attacks that can result in identity theft, danger to life and even crippling financial fraud. On Wednesday, users of Google's email services received a legal notice from the gmail team asking them to update their account details for security reasons.
"Gmail Team is working on total security on all accounts in order to make Gmail better as ever and as a result of this security upgrade we require all Gmail members to verify their account with Google. To prevent your account from disability you will have to update your account by clicking the reply button and filling the space below," the mail read.
The legal notice from Gmail wanted users to refurbish their account name, password, occupation, birth date and country of residence. It also carried a threat that users who did not update their details within 7 days of receiving the warning would lose their account permanently.
However, when contacted, a Google spokesperson said: "Some spammers send fraudulent mass-messages designed to collect personal information, called 'spoofing' or 'password phishing'. We always advise our users to be wary of any message that asks for your personal information, or messages that refer you to a webpage asking for personal information. Google or Gmail does not send unsolicited mass messages asking for passwords or personal information; even if the message asking for it claims to be from us, please don't believe it."
This information is publicly available in the Gmail support center at click here. According to Rakshit Tandon, consultant safe surfing with the Internet & Mobile Association of India (IAMAI), "Phishing activity has been on the rise across India since December. The biggest targets for cyber criminals are banking sites followed by free email sites like Gmail and Yahoo and social networking sites like Facebook and Orkut," he said.
The IAMAI runs cyber safety programmes and has already worked with 3,50,000 students in 185 schools across 43 cities and 13 states.
"A schoolteacher in Mumbai lost close to Rs 10 lakh after phishers got into her netbanking account. Internet penetration is going up which is inviting more criminal attacks as awareness levels are very low," adds Tandon.
His advise is to be investigative and use logic (BIUL) when using the Net in order to improve your personal Internet security levels.
Don't believe this notice from Gmail
Wednesday, April 28, 2010
Indian wizard behind bars for hacking accounts and online computer frauds
Chennai-born man sentenced to 81 months' jail
WASHINGTON: A U.S. court has sentenced Jaisankar Marimuthu, a 36-year-old native of Chennai, to 81 months in prison on charges of identity thefts, hacking and perpetrating an international fraud scheme. The accused was hacking into online brokerage accounts in the U.S. and used the accounts to manipulate stock prices, said Lanny A. Breuer, Assistant Attorney-General with the criminal division. Marimuthu pleaded guilty on February 5 to one count of conspiracy to committing the online securities and computer frauds, as also aggravated identity theft before a district magistrate at Omaha, Nebraska.
The accused, who was extradited to the U.S. following his arrest in Hong Kong, was sentenced on Tuesday before U.S. District Judge Laurie Smith Camp, and ordered to pay $2.4 million in restitution, court officials said.
Marimuthu was part of a conspiracy that operated out of Thailand and India from February 2006 to December 2006, in which the prices of thinly-traded securities were fraudulently inflated by hacking into U.S. brokerage accounts. — IANS
Chennai-born man sentenced to 81 months' jail
WASHINGTON: A U.S. court has sentenced Jaisankar Marimuthu, a 36-year-old native of Chennai, to 81 months in prison on charges of identity thefts, hacking and perpetrating an international fraud scheme. The accused was hacking into online brokerage accounts in the U.S. and used the accounts to manipulate stock prices, said Lanny A. Breuer, Assistant Attorney-General with the criminal division. Marimuthu pleaded guilty on February 5 to one count of conspiracy to committing the online securities and computer frauds, as also aggravated identity theft before a district magistrate at Omaha, Nebraska.
The accused, who was extradited to the U.S. following his arrest in Hong Kong, was sentenced on Tuesday before U.S. District Judge Laurie Smith Camp, and ordered to pay $2.4 million in restitution, court officials said.
Marimuthu was part of a conspiracy that operated out of Thailand and India from February 2006 to December 2006, in which the prices of thinly-traded securities were fraudulently inflated by hacking into U.S. brokerage accounts. — IANS
Chennai-born man sentenced to 81 months' jail
Tuesday, September 2, 2008
ESM exploited by telemarketers
Dear My Woes,My complaint is in two parts.
This very serious as they seem to be just raking in money over the telephone through false promises and concealing terms not just once but on recurring basis. Kindly read my correspondence below:
Lt Col KJS Vohra (Retd)
Citibank Complaint Cell
Similar is the case with Maruti Suzuki Auto Card. Veterans are advised to be cautious while signing up for free services with any Citi bank- linked MNCs by outsourcing agencies. The victims specifically targeted are ESM. Very difficult to cancel the credit card even after payment of penalty. Interest rate and services charges work out to whopping 300% per annum. Nationalised Banks are the safest bet for your hard earned pension and banking facilities.
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