Aviva India faces $7.5m penalty over fake invoices
Aviva India disbursed around $26m (Rs2.26bn) to vendors, allegedly for marketing services between 2017 and 2023.
Aviva's India arm hit with $7.5 million fine for fake invoice scheme, order shows
Indian authorities have ordered British insurer Aviva's local unit to pay $7.5 million in back taxes and penalties after an ...
Rs 850 crore Ponzi scheme busted: Two arrested in Falcon Invoice Discounting fraud
The accused allegedly deceived the public by persuading them to make short-term deposits with the promise of high returns ...
Khaleej Times on MSN2 天
Aviva India hit with $7.5 million penalty for tax evasion, fake invoices
After hearing Aviva's defence, joint tax commissioner Aditya Singh Yadav ruled the company evaded tax of around 326 million ...
Falcon invoice scam: Telangana cops suspect collected funds diverted to shell companies ...
Hyderabad police are investigating the Falcon Invoice Discounting (FID) fraud, where the company defaulted on crores owed to ...
2 arrested in Rs 850-crore Falcon Invoice fraud case
The Cyberabad Economic Offences Wing (EOW) arrested two individuals involved in a Rs 850-crore Ponzi scheme linked to the ...
Businessworld1 天
Aviva India Faces $7.5 Mn Tax Demand Over Fake Invoices
Indian authorities have ordered British insurer Aviva’s local unit to pay USD 7.5 million in back taxes and penalties, after ...
JD Supra22 天
Enterprise Liability Insurer Has Duty to Defend Against a Vendor’s Claim, Even When ...
The vendor then sent the policyholder an “invoice” and a written “final demand” for reimbursement of these fees. The policyholder promptly notified Hartford, seeking coverage under its ...