Credit fraud

Definition of credit fraud alert

What is a credit fraud alert? A credit fraud alert is a notice sent to a credit bureau that a consumer’s identity may have been stolen and that a request for new credit on behalf of that consumer may not…

DGGI arrests Delhi man for input tax credit fraud over 43 crore

The defendant, Ravinder Kumar (aka Ravinder Garg), had established the companies on false documents and was receiving the credit without the actual receipt or delivery of goods or services. Read also | Dissect Ola’s Daring Electric Dreams “From the investigation…

Developer accused of social housing tax credit fraud

By Dylan Moroses (March 8, 2021, 12:47 p.m. EST) – Real estate developer accused of fraudulently securing millions of dollars in housing tax credits for low-income people by using incentives to fund facilities while charging tenants for parking in a…

GST officials arrest man for fraud of 38.91 crore input tax credit in Delhi

GST agents arrested a person for setting up a bogus business and fraudulently transferring the value of the input tax credit (ITC) ??38.91 crore, the finance ministry said on Tuesday. The investigation revealed that the multi-layered network was operated by…

GST officers arrest man for fraud of rupee 50.03 crore input tax credit and bogus businesses

GST agents arrested a person for setting up shell businesses and committing rupee 50.03 crore input tax credit fraud, the finance ministry said on Sunday. Agents at the Central Goods and Services Tax Commission (CGST), East Delhi uncovered a network…

DGGI arrests 5 including CA for fraud against input tax credit of Rs 146 crore

Jaipur: The Jaipur branch of the GST Intelligence Directorate (DGGI) arrested five people, including a Chartered Accountant (CA) for preparing false invoices amounting to Rs 1,004 crore and claiming a tax credit on inputs of Rs 146 crore. The defendants…

Opelika police release surveillance footage of suspects in Walmart robbery and credit fraud case

OPELIKA, Alabama (WRBL) – Opelika Police have released surveillance footage of two suspects involved in a Nov. 8, 220, property theft and credit card fraud case at Walmart in Pepperell Parkway. As a result, the Opelika Police Department is investigating…