financial investigation

New Delhi, March 31 The securities regulator, Sebi, has barred Elitecon International Ltd, its promoter and managing director Vipin Sharma, and four others from accessing the securities market, alleging manipulative activities and misleading disclosures.In an interim order passed on Monday...

Patna, March 31 – In a major crackdown on corruption in Bihar, the Economic Offences Unit (EOU) conducted simultaneous raids on multiple premises linked to two senior government officials across several districts on Tuesday.The EOU carried out searches at a total of 12 locations – six each...

New Delhi, March 30 The Enforcement Directorate said on Monday that it has attached land parcels and other immovable assets worth more than Rs 270 crore as part of its money laundering investigation against Rajendra Lodha, former director of the Maharashtra-based realty company Lodha Developers...

Chandigarh, March 30 – Punjab Excise and Taxation Minister Harpal Singh Cheema announced on Monday that a massive tax evasion racket, involving turnover of around Rs 200 crore, has been uncovered in the hospitality sector.With 882 establishments already under scrutiny and Rs 2.02 crore...

Kathmandu, March 28 – The new government of Nepal announced on Saturday that it will establish a committee to investigate the assets of political leaders and high-ranking officials who have held public office from 1990 to 2026.The government, led by Prime Minister Balendra Shah, said in a...

Gurugram, March 28 Directors of a company are alleged to have defrauded another company from which they had taken loans worth crores of rupees. Gurugram Police have arrested one of the directors from Coimbatore, Tamil Nadu, officials said on Saturday.The arrest came following a complaint filed...

Bhopal, March 28 – The Directorate of Enforcement (ED), Bhopal Zonal Office, has intensified its crackdown on corruption by filing a chargesheet against Dr. Amarnath Mittal, former Director of Health Services, Government of Madhya Pradesh, and others under the Prevention of Money Laundering Act...

Kolkata, March 28 – Officials of the Enforcement Directorate (ED) have been conducting simultaneous raids and searches in various locations in West Bengal since Saturday morning, including the state capital of Kolkata and its outskirts, in connection with a land scam case.Sources aware of the...

Bhubaneswar, March 27 – The Odisha Vigilance department arrested an Assistant Engineer of the Water Resources Department in the Ganjam district on Friday, on charges of amassing wealth disproportionate to his known sources of income, to the extent of 334 percent.The accused official, Panchu...

Kolkata, March 27 The Enforcement Directorate (ED) has sought details of the officers in charge (OCs) of at least 10 police stations under the Asansol-Durgapur Police Commissionerate as part of its investigation into the alleged coal smuggling case in West Bengal, an official said on Friday...

Bhopal, March 27 – The Enforcement Directorate (ED), Bhopal Zonal Office, has provisionally attached immovable properties valued at approximately ₹12.62 crore under the Prevention of Money Laundering Act (PMLA), 2002.The action is linked to a bank fraud case involving M/s Excel Vehicles Pvt...

Mumbai, March 27 – Residential flats, commercial shops, and office space related to the Goregaon Pearl CHS Project, valued at Rs 41.70 crore, were seized by the ED in a case involving fraud with homebuyers and other investors in Goregaon, Mumbai, an official said on Friday.The Directorate of...

Bhubaneswar, March 27 Odisha Vigilance officers arrested an irrigation department engineer on Friday, a day after uncovering assets allegedly disproportionate to his known sources of income, officials said.Acting on a tip-off, vigilance officers conducted simultaneous raids at five locations...

New Delhi, March 27 The Enforcement Directorate may file a chargesheet on Friday as part of its investigation into alleged money laundering involving Reliance Group chairman Anil Ambani's company, RCOM, and its former executives, the group, which is said to involve a fraud of around Rs 40,000...

Bhubaneswar, March 26 – The Odisha Vigilance department on Thursday unearthed assets worth crores, including Rs 18.90 lakh in cash, during simultaneous searches at multiple locations linked to an Assistant Engineer of the Water Resources Department following allegations of amassing wealth...

Bhubaneswar, March 26 The Odisha Vigilance Department has seized properties, including a building, five plots, cash and deposits worth over Rs 1 crore, and two heavy machinery vehicles, from the possession of an engineer in the irrigation department, officials said on Thursday.Acting on a...

Mumbai, March 26 – The Central Bureau of Investigation (CBI) has registered a case against Reliance Telecom Ltd., its then Directors Satish Seth and Gautam B. Doshi, along with unknown public servants and others, in connection with an alleged bank fraud case involving the State Bank of India...

Srinagar, March 26 – The Jammu and Kashmir Crime Branch said on Thursday that it was conducting house searches in connection with a fraud case during the Covid period, in which large sums of money were misappropriated.A statement from the Crime Branch said that the Economic Offences Wing...

Bhubaneswar, March 25 – The Odisha Police have arrested a man from Kolkata in connection with a multi-crore online investment scam in which a businessman from Cuttack was cheated of over Rs 12.33 crore, a senior Crime Branch official said on Wednesday.The 36-year-old accused, identified as...

Mohali, March 25 – The Enforcement Directorate (ED), Jalandhar Zonal Office, has filed a chargesheet against a Patwari and four others before a Special Court under the Prevention of Money Laundering Act (PMLA) in Sahibzada Ajit Singh Nagar, Mohali.According to officials, the chargesheet was...