#financialmisconduct
Bengaluru Fintech Scam: MobiKwik Xtra Investors Face Blocked Funds
Bengaluru police have registered cases against MobiKwik and Lendbox, following complaints from investors who claim that their funds are blocked under the MobiKwik Xtra investment scheme. The complaints allege that the fintech companies promised high, fixed-deposit-like returns and easy withdrawals but later restricted access to invested money. Authorities say more than 1,050 investors across India could be affected, with combined exposure of over Rs 11.9 crore. Investors hav
Bengaluru Fintech Scam: MobiKwik Xtra Investors Face Blocked Funds
Bengaluru police have registered cases against MobiKwik and Lendbox, following complaints from investors who claim that their funds are blocked under the MobiKwik Xtra investment scheme. The complaints allege that the fintech companies promised high, fixed-deposit-like returns and easy withdrawals but later restricted access to invested money. Authorities say more than 1,050 investors across India could be affected, with combined exposure of over Rs 11.9 crore. Investors hav
Former Alum Rock Superintendent Claims Firing Tied to Questioning Reimbursements
A former superintendent of the Alum Rock Union School District in East San Jose is speaking out about what he describes as an abrupt and unjust firing. German Cerda, who was appointed to lead the district in September 2024 after the termination of his predecessor, said his dismissal on July 31 was the result of challenging board members over questionable reimbursements and improper use of district funds. Cerda’s tenure lasted less than a year, and he maint
Former Alum Rock Superintendent Claims Firing Tied to Questioning Reimbursements
A former superintendent of the Alum Rock Union School District in East San Jose is speaking out about what he describes as an abrupt and unjust firing. German Cerda, who was appointed to lead the district in September 2024 after the termination of his predecessor, said his dismissal on July 31 was the result of challenging board members over questionable reimbursements and improper use of district funds. Cerda’s tenure lasted less than a year, and he maint









