News & Analysis as of

India Fraud

A&O Shearman

UK government announces trade deal with India

A&O Shearman on

The UK government has announced the signing of a Free Trade Agreement (FTA) with India, agreed in May this year. According to the government’s press release, for financial and professional services the deal provides locked-in...more

Foley & Lardner LLP

What Every Multinational Company Should Know About … Combating Fraud in India

Foley & Lardner LLP on

...Fraud continues to pose significant challenges across industries worldwide. For multinational companies operating in India, the country offers enormous opportunity — but also presents distinct operational and regulatory...more

Estlund Law, P.A.

INDIA: Extradition And Deportation Due To Red Notice Status

Estlund Law, P.A. on

Today’s post will address extradition and deportation due to Red Notice status, using as examples the case of two fugitives from India who were INTERPOL Red Notice subjects and were arrested in India following their return...more

The Volkov Law Group

DOJ Indicts Indian Billionaire and Seven Other Individuals for Bribery and Fraud Scheme Involving Payments to Indian Government...

The Volkov Law Group on

In a far-reaching criminal case, in November 2024, the Justice Department unsealed a complex, five-count indictment in the Eastern District of New York charging eight defendants, including Gautam S. Adani, Sagar R. Adani and...more

Ankura

The Significance of Background Checks and Due Diligence in Indian Corporate Dispute Cases

Ankura on

In India's corporate landscape, disputes involving individuals can stem from various issues such as contractual breaches, fraud, or competitive conflicts. Conducting rigorous background checks and thorough due diligence on...more

Jones Day

Key Considerations for Internal Investigations in India Following Recent Regulatory Circular to Indian Auditors

Jones Day on

In Short - The Situation: On June 26, 2023, the National Financial Reporting Authority of India ("NFRA") issued a circular reminding statutory auditors in India of their obligation under Indian law to report to the Indian...more

Robins Kaplan LLP

Financial Daily Dose 1.21.2020 | Top Story: World Economic Forum Kicks Off in Davos

Robins Kaplan LLP on

As it kicked off its 50th annual gathering today, the World Economic Forum in Davos is facing some hard questions—both about the state of the ideals it has long espoused (“open borders, liberal democracy and free borders,” to...more

Skadden, Arps, Slate, Meagher & Flom LLP

Cross-Border Investigations Update - September 2019

This issue of Skadden’s semiannual Cross-Border Investigations Update takes a close look at recent cases, regulatory activity and other key developments, including a review of the first year of GDPR enforcement, analysis of...more

Latham & Watkins LLP

English Court Provides Guidance for Commencing Proceedings On Foreign Defendants

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The English Court has set aside permission to bring proceedings against foreign defendants based on non-disclosures and subsequent conduct. The recent decision in Punjab National Bank (International) Limited v Ravi...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - November 2018

New York Sues Exxon Mobil, Saying It Deceived Shareholders on Climate Change - "The litigation, which follows more than three years of investigation, represents the most significant legal effort yet to establish that a...more

BakerHostetler

Foreign Corrupt Practices Act 2015 Update

BakerHostetler on

Despite a decline in enforcement actions by the Securities Exchange Commission (“SEC”) and the Department of Justice (“DOJ”), the first half of 2015 has continued to highlight the relevance and ever-evolving effects of the...more

Stinson - Corporate & Securities Law Blog

SEC Busts Overseas Social Media Fraud

A settled SEC enforcement action describes an alleged interesting social media fraud. Two defendants that reside in India were alleged to have been behind the fraud. According to the SEC the scheme was an online...more

Latham & Watkins LLP

International Arbitration Newsletter

Latham & Watkins LLP on

In This Issue: - The 2014 LCIA Rules - Latham & Watkins Secures Arbitral Award and Judgment When Respondent Fails to Post Full Security for Enforcement Stay - Ukraine Crisis: A Recap of the Latest US and EU...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Misuse Of Visas Lands Tech Giant In Hot Water

Infosys, an Indian technology outsourcing company, has agreed to pay a fine of $34 million after an extensive investigation by federal prosecutors in Texas. The investigation alleged that the tech giant misused the B-1...more

Baker Donelson

Immigration Corner - November 13, 2013

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Snapshots of both big picture and meaningful small-scale developments in the world of immigration. This month: a technology giant's hefty immigration fine and its implications, an improved interactive website for...more

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