PANews reported on June 17 that according to News9live, Ningappa, the former police chief of Bangalore, India, confessed during the interrogation by the anti-corruption agency Lokayukta that he blackmailed governmentPANews reported on June 17 that according to News9live, Ningappa, the former police chief of Bangalore, India, confessed during the interrogation by the anti-corruption agency Lokayukta that he blackmailed government

Former Bangalore Police Chief Admits Extorting Government Employees and Converting Proceeds into Bitcoin

2025/06/17 18:04

PANews reported on June 17 that according to News9live, Ningappa, the former police chief of Bangalore, India, confessed during the interrogation by the anti-corruption agency Lokayukta that he blackmailed government employees by impersonating anti-corruption officials and converted the stolen money into Bitcoin. The special court has ordered him to be detained until June 30. The case involves two assistant ministers, but their specific identities have not been made public. The investigation showed that Ningappa used his police background to forge an identity and extorted money in Seshadripuram and other places. Although his lawyer has applied for bail, the court requires the prosecution to respond first.

Analysts pointed out that this case may trigger a crisis of confidence in the country's ruling party - if it is confirmed that ministerial officials are involved in the case, it may lead to a shakeup in the government. Ningappa was expelled from the police force several years ago, but he has been committing crimes for a long time by taking advantage of institutional loopholes. Several police stations across the state have registered related cases. Currently, the Lokayukta is tracking the flow of Bitcoin and the network of accomplices.

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Thyroid Eye Disease (TED) Treatments Market Nears $4.3 Billion by 2032: Emerging Small Molecule Therapies Targeting Orbital Fibroblasts Drive Revenue Growth – ResearchAndMarkets.com

Thyroid Eye Disease (TED) Treatments Market Nears $4.3 Billion by 2032: Emerging Small Molecule Therapies Targeting Orbital Fibroblasts Drive Revenue Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Thyroid Eye Disease Treatments Market – Global Forecast 2025-2032” report has been added to ResearchAndMarkets.com’s offering. The thyroid
Paylaş
AI Journal2025/12/20 04:48
Virtus Equity & Convertible Income Fund Announces Special Year-End Distribution and Discloses Sources of Distribution – Section 19(a) Notice

Virtus Equity & Convertible Income Fund Announces Special Year-End Distribution and Discloses Sources of Distribution – Section 19(a) Notice

HARTFORD, Conn.–(BUSINESS WIRE)–Virtus Equity & Convertible Income Fund (NYSE: NIE) today announced the following special year-end distribution to holders of its
Paylaş
AI Journal2025/12/20 05:30
Fed rate decision September 2025

Fed rate decision September 2025

The post Fed rate decision September 2025 appeared on BitcoinEthereumNews.com. WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4.00%-4.25%. Newly-installed Governor Stephen Miran was the only policymaker voting against the quarter-point move, instead advocating for a half-point cut. Governors Michelle Bowman and Christopher Waller, looked at for possible additional dissents, both voted for the 25-basis point reduction. All were appointed by President Donald Trump, who has badgered the Fed all summer to cut not merely in its traditional quarter-point moves but to lower the fed funds rate quickly and aggressively. In the post-meeting statement, the committee again characterized economic activity as having “moderated” but added language saying that “job gains have slowed” and noted that inflation “has moved up and remains somewhat elevated.” Lower job growth and higher inflation are in conflict with the Fed’s twin goals of stable prices and full employment.  “Uncertainty about the economic outlook remains elevated” the Fed statement said. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment have risen.” Markets showed mixed reaction to the developments, with the Dow Jones Industrial Average up more than 300 points but the S&P 500 and Nasdaq Composite posting losses. Treasury yields were modestly lower. At his post-meeting news conference, Fed Chair Jerome Powell echoed the concerns about the labor market. “The marked slowing in both the supply of and demand for workers is unusual in this less dynamic…
Paylaş
BitcoinEthereumNews2025/09/18 02:44