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MUMBAI: The North cyber police on Monday registered a case against unknown persons after a 52-year-old chartered accountant (CA) complained of being scammed into paying ₹ 22 lakh by cyber frauds who used the online share market investment modus to lure him. According to the police, the victim, Ketan Solanki, was looking to invest his money online. He found an advertisement for the IIFL security company stock options in the month of April. The advertisement guaranteed profits to the buyer of the company’s shares and directed the user to click on a link. After Solanki clicked this link, he was added to a WhatsApp group named ‘555IIFL’ with a few members in it. The admin of the group, who went by Gaurav Sharma, advised Solanki to invest an amount of ₹ 29 lakh to gain profit. Solanki invested ₹ 29 lakh from April to June and saw he gained ₹ 64 lakh profit within two months. He decided to withdraw this, but Sharma told him that since the amount was large, Solanki had to pay a 25% commission to withdraw. After Solanki paid the amount, Sharma began asking for more money under the pretext of surcharge and other charges. Solanki began to sternly demand his money and was able to withdraw ₹ 7 lakh. When he asked for the initial amount, Sharma stopped responding. Realizing he was cheated; Solanki approached cyber police and filed a written complaint. The North cyber police station registered an FIR against unknown persons under sections 66 (c) (identity theft) and 66 (d) (cheating by personation using computer resource) of the Information Technology Act and 318 (cheating) 61 (2) (conspiracy) 316 (breach of trust) of the Bhartiya Nyaya Sanhita. The police are tracing the bank accounts where Solanki made the transactions to.
The RBI and the Maldives Monetary Authority on Thursday signed an agreement here for establishing a framework to promote the use of local currencies -- the Indian Rupee and the Maldivian Rufiyaa (MVR) for cross-border transactions . The Memorandum of Understanding (MoU) was signed by Governor of Reserve Bank of India Shaktikanta Das and Governor of Maldives Monetary Authority Ahmed Munawar. "The MoU encourages the use of INR and MVR in current account transactions, permissible capital account transactions and any other economic and financial transactions as agreed upon by both countries," the RBI said in a statement. This framework would enable exporters and importers to invoice and settle in their respective domestic currencies, which in turn would enable the development of trading in the INR-MVR pair in foreign exchange market. Use of local currencies would optimise costs and settlement time for transactions, the RBI added. "This collaboration marks a key milestone in strengthening bilateral cooperation between RBI and MMA," it said. 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Nominations for ET MSME Awards are now open. The last day to apply is November 30, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )Rexford Industrial Realty, Inc. ( NYSE:REXR – Get Free Report ) declared a quarterly dividend on Wednesday, October 16th, Wall Street Journal reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.4175 per share by the real estate investment trust on Wednesday, January 15th. This represents a $1.67 annualized dividend and a dividend yield of 4.31%. The ex-dividend date of this dividend is Tuesday, December 31st. Rexford Industrial Realty has raised its dividend by an average of 24.5% per year over the last three years. Rexford Industrial Realty has a dividend payout ratio of 129.5% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Rexford Industrial Realty to earn $2.51 per share next year, which means the company should continue to be able to cover its $1.67 annual dividend with an expected future payout ratio of 66.5%. Rexford Industrial Realty Trading Down 0.9 % Rexford Industrial Realty stock opened at $38.71 on Friday. Rexford Industrial Realty has a 12 month low of $37.67 and a 12 month high of $56.99. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.40. The business’s fifty day simple moving average is $41.77 and its two-hundred day simple moving average is $46.22. The company has a market capitalization of $8.61 billion, a price-to-earnings ratio of 31.47, a price-to-earnings-growth ratio of 1.94 and a beta of 0.93. Wall Street Analysts Forecast Growth REXR has been the topic of several recent analyst reports. Bank of America downgraded Rexford Industrial Realty from a “buy” rating to a “neutral” rating and cut their target price for the company from $66.00 to $49.00 in a research note on Monday, October 21st. Mizuho reduced their price objective on Rexford Industrial Realty from $50.00 to $49.00 and set a “neutral” rating for the company in a report on Thursday, September 5th. Scotiabank cut shares of Rexford Industrial Realty from a “sector outperform” rating to a “sector perform” rating and lowered their target price for the company from $55.00 to $48.00 in a research note on Friday, October 25th. Evercore ISI reiterated an “outperform” rating on shares of Rexford Industrial Realty in a research note on Friday, October 18th. Finally, Industrial Alliance Securities set a $55.00 price objective on shares of Rexford Industrial Realty in a report on Friday, October 18th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $51.09. View Our Latest Research Report on REXR About Rexford Industrial Realty ( Get Free Report ) Rexford Industrial creates value by investing in, operating and redeveloping industrial properties throughout infill Southern California, the world's fourth largest industrial market and consistently the highest-demand with lowest-supply major market in the nation. The Company's highly differentiated strategy enables internal and external growth opportunities through its proprietary value creation and asset management capabilities. Further Reading Receive News & Ratings for Rexford Industrial Realty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rexford Industrial Realty and related companies with MarketBeat.com's FREE daily email newsletter .
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In conclusion, the incident involving Da Bing sheds light on the complexities of moral judgments and the challenges of reconciling conflicting values in a diverse and dynamic world. While his intentions may have been noble, his misstep serves as a cautionary tale of the importance of empathy, understanding, and self-awareness in navigating ethical dilemmas. Let us learn from his experience and strive to build a society where kindness, compassion, and integrity prevail.NEW YORK , Dec. 24, 2024 /PRNewswire/ -- Today, the Council for Autism Service Providers (CASP) honored ABA Centers, the nation's fastest growing autism care provider, by partnering to ring the iconic Closing Bell at the New York Stock Exchange together. Lorri Unumb , Chief Executive Officer of CASP; Christopher Barnett , Founder & Chairman of ABA Centers; and his daughter, Madison Mulvey , were the official bell ringers during the 1 pm ceremony, marking an early close of the markets in preparation for the upcoming Christmas holiday. ABA Centers was founded as a testament to a father's love for his daughter, sparked from Mr. Barnett's personal experience attempting to acquire a diagnosis and then quality care for his own child, Ms. Mulvey, who spent years dealing with a misdiagnosis and missing out on the proper treatment that she desperately needed. What Mr. Barnett experienced as the parent of a child on the spectrum – the inadequacies, the lack of services available, and the long wait lists within the autism care system – were simply unacceptable. As a longtime healthcare entrepreneur, Mr. Barnett recognized that he already harnessed the infrastructure to effectuate real change within the autism care industry, so he set out to create a mission-driven organization, where every employee throughout the corporate and clinical teams is dedicated to making a lasting impact in the lives of autistic children and their families. "I hope that the sound waves of this bell ringing transcend the trading floor and serve as a rally call for quick, compassionate, and top quality autism care across our country," remarked Mr. Barnett. "Seeing CASP and ABA Centers on the New York Stock Exchange podium should encourage other decision makers and deal makers alike to find ways in which they can positively impact the autism care industry further because there are millions of children currently languishing on wait lists and missing out on the autism care that they deserve during the most crucial times." In 2024, ABA Centers achieved the following monumental milestones, which served to amplify its commitment to providing every kid in the country with world class autism care: "For mission-driven organizations like CASP and ABA Centers, this bell ringing ceremony offers a platform to amplify our message and highlight the importance of autism care, as well as the challenges faced by the autism community, to a robust and influential audience," stated Mrs. Unumb. Mrs. Unumb and Mr. Barnett were joined on the bell ringing podium by the C-suite of ABA Centers: Jason Barker ; Joseph Heilner ; Kristy Johnson ; Quatiba Davis; Michael Holohan ; Michael Holzum ; Michael Holzum, Jr. ; and Ted Bender ; members of The Christopher M. Barnett Family Foundation: Julie Barnett , Kaitlyn Mulvey , Madison Mulvey , and Kennedy Mulvey ; and Dan Unumb of the Autism Legal Resource Center. About ABA Centers ABA Centers provides applied behavior analysis (ABA) therapy services to children with autism spectrum disorder through a play-based approach rooted in positive reinforcement. The company was designed to disrupt the autism care industry by demolishing wait times traditionally experienced by those in search of a diagnosis or treatment. Its strategically designed behavioral care centers offer the greatest opportunity for growth to young clients and their families. In-home and in-school therapy services are also available to deliver the most impactful continuum of care and to best meet each client's specific needs. In 2024, ABA Centers was named the No. 5 fastest growing private company in America on the Inc. 5000. More information can be found at www.abacenters.com . About the Council of Autism Service Providers Founded in 2016, the Council of Autism Service Providers (CASP) is a non-profit trade association of over 380 autism service provider organizations from all 50 states and multiple countries. It supports members by cultivating, sharing, and advocating for best practices in autism services. From developing clinical practice guidelines for applied behavior analysis to educating legislators about good policy, CASP works every day to ensure individuals with autism receive quality care. Learn more at www.CASProviders.org . View original content to download multimedia: https://www.prnewswire.com/news-releases/the-council-of-autism-service-providers-and-aba-centers-partner-to-ring-closing-bell-at-the-new-york-stock-exchange-302337682.html SOURCE ABA Centers
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CA duped of ₹22 lakhs in online share trading scam
Two California prosecutors promised a different kind of justice. Voters turned on them