scam
15 ARTICLES
India’s listed SME space is a ticking time bomb
If recent investigations by SEBI into cases of fraud by listed SMEs are any indication, a scam running into lakhs of crores is in the making, putting the entire financial system at risk.
23 Jun 2025
Dubai hands out stiff penalties to intrusive telemarketers
Spread across 159 companies, the 50,000 dirham-each fine is a clear statement of intent: no trifling with the rules. Separately, a new tech listing in Alpha Data.
03 Mar 2025
A Bollywood-style heist with a Reliance connection
A SEBI crackdown has revealed that Bharat Global Developers Ltd used every trick in the book to drive up its share price so its preferential stockholders could make a killing. What remains unexplained though is the little-known firm’s dealings with Reliance.
19 Jan 2025
The Rs 500-crore HiBox investment app scam reveals many loopholes
The investment app fraud is a classic ‘pig butchering’ scam, where victims are ‘fattened’ by encouraging small investments with steady payouts. Sadly, this one could be just one of many.
08 Oct 2024
With Hedonova, Minance’s Anurag Bhatia takes his con game global
Investors seem to be having a hard time getting their money back from the US-headquartered ‘alternative investment fund’. Several government agencies are taking note.
09 Sept 2024
Amber Dalal harnesses trust and greed in copybook Indian markets con
The signs were always there, yet investors fell for the oldest trick in the book. Was Dalal running a Ponzi scheme all along?
31 Mar 2024
Double whammy leaves Axis Bank credit card users reeling
A spree of unauthorized international transactions add to the woes of credit card customers impacted by the withdrawal of promised benefits. Will the private lender contain the fallout?
27 Mar 2024
The case of Quikr - Part III
A three-part series that documents the rise and fall of Quikr so you don’t make the same mistakes this startup did.
22 Mar 2024
Shark Tank India is reality TV, not really venture funding
Sony Entertainment’s reality series is under fire for on-air investment deals not coming through. We look at the other side of the story.
30 Jun 2023
A credit card bubble is brewing but no one wants to talk about it
The government wants to tax credit card transactions abroad but is missing a potentially bigger misuse of the instrument at home—fake rent payments.
23 May 2023