money laundering

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    Punjab & Delhi Properties Linked to Alleged Investment Scam Attached

    The Enforcement Directorate (ED) has provisionally attached 126 immovable properties worth over five thousand crore rupees across Punjab and Delhi. The ED stated that the action was taken in connection with a massive financial fraud linked to PACL Limited, under the provisions of the Prevention...
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    ₹48K Crore Fraud: ED Attaches Assets in PACL Investigation

    New Delhi, March 20 The Enforcement Directorate (ED) has executed its largest seizure in a single case, worth over ₹22,000 crore, by freezing properties in its investigation into money laundering against PACL (Pearls Group), based in Chandigarh, which is accused of orchestrating a ₹48,000 crore...
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    PACL Investigation: ED Seizes Fresh Properties

    New Delhi, March 20 The Enforcement Directorate (ED) said it has attached fresh properties worth over Rs 5,000 crore as part of its investigation into money laundering against Chandigarh-based PACL (Pearls Group), accused of orchestrating a Rs 48,000 crore Ponzi scheme.These 126 immovable...
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    Court Case Filed Seeking Money Laundering Investigation

    Chennai, March 19 The DMK approached the Madras High Court on Thursday, seeking a directive to the Enforcement Directorate to register money laundering cases against former AIADMK state ministers and initiate a thorough investigation.The ruling party's Rajya Sabha MP, R Girirajan, has filed...
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    Rajul Group Raided: ED Seizes Cash Over FEMA Violations

    Bhopal, March 19 – The Enforcement Directorate's (ED) Bhopal Zonal Office conducted searches and seized assets at three premises linked to M/s Rajul Group and its partner, Priyank Mehta, in Jabalpur, Madhya Pradesh, on Thursday.The action, conducted under the provisions of the Foreign Exchange...
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    Fake Currency Racket Busted in Ahmedabad: Yoga Guru Among Arrested

    Ahmedabad/Surat, March 19 – An operation to manufacture and circulate fake Rs 500 notes has been uncovered by the Ahmedabad Crime Branch, which seized Rs 2.38 crore in forged notes and arrested seven people, including a woman.The arrests were made on Wednesday night after officers intercepted...
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    Pension Fraud Investigation: Odisha Vigilance Arrests Key Figure

    Bhubaneswar, March 18 – The Odisha Vigilance on Wednesday arrested an official of a private bank for his alleged involvement in misappropriating over Rs 5.56 crore of government funds in connivance with his father, a retired teacher.According to Vigilance sources, the accused bank official...
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    Money Laundering Allegations in Jharkhand Rural Development Department

    New Delhi, March 18 The Enforcement Directorate (ED) said on Wednesday that it has filed a fresh chargesheet against more than a dozen retired and serving Jharkhand government engineers and officials in a money-laundering case linked to alleged irregularities in the state's rural development...
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    ED Restituutes Assets in SRS Money Laundering Investigation

    New Delhi, March 18 – The Enforcement Directorate (ED) has returned immovable properties worth approximately Rs 650 crore to 2,312 genuine homebuyers in connection with the money laundering investigation against the SRS Group, officials said on Wednesday.The return of the properties was...
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    Delhi Police Arrests Three in Digital Fraud Case

    New Delhi, March 18 The Delhi Police has arrested three individuals for allegedly facilitating the operations of a major "digital fraud" racket that cheated a resident of Paschim Vihar of Rs 14.2 lakh, an official said on Wednesday.The accused – Md Kaif (21) and Monish (21), residents of...
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    Police Recover Gold After 'Parrot Astrologer' Arrest

    Bangalore, March 18 A 59-year-old man was arrested for allegedly defrauding an Income Tax department official by posing as a "parrot astrologer" and promising career growth and a better life through rituals, police said on Wednesday.Following the arrest of the accused astrologer, Shekar...
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    Fraudsters Impersonate Authorities to Steal Funds from Mumbai Man

    Mumbai, March 18 – In a shocking case of cyber fraud, a 71-year-old retired officer from the Dadar area of Mumbai was allegedly cheated of Rs 1.05 crore after being kept under digital arrest by fraudsters for 10 days. The accused, posing as officials from government agencies, created an...
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    UK Court Considers Nirav Modi’s Extradition Request Amid Torture Fears

    London, March 18 Nirav Modi, a fugitive diamond merchant, concluded his application hearing seeking permission to reopen his extradition appeal in the High Court in London, with claims that he faces a “real risk of torture” during interrogations by Indian investigating agencies.Lord Jeremy...
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    SRS Group Investigation Yields Asset Recovery for Homebuyers

    New Delhi, March 17 The Enforcement Directorate has recovered immovable assets worth Rs 650 crore for over 2,300 homebuyers as part of an investigation into money laundering against Faridabad-based real estate company SRS Group, officials said on Tuesday.They said a special provision in the...
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    PMLA Convictions Rise: ED Cases See Significant Success

    New Delhi, March 17: Special courts dealing with the Prevention of Money Laundering Act (PMLA) have delivered judgments on the merits in connection with money laundering in 59 cases. Of these, conviction orders have been passed in 56 cases, convicting 124 accused in the cases filed by the...
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    Money Laundering Investigation Intensifies: ED Scrutinizes Mantri Developers

    Bengaluru, March 16 – The Enforcement Directorate (ED) conducted searches at the offices of Mantri Developers, a prominent real estate firm based in Bengaluru, and at the residences of its founder and Chairman, Sushil Mantri, on Monday, as part of an investigation into alleged money laundering...
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    Investigation Reveals Rs 50.8 Cr in Manipur Property Attachments

    New Delhi/Imphal, March 16 – The Enforcement Directorate (ED) has issued its third Provisional Attachment Order (PAO), attaching properties worth Rs 50.8 crore linked to several private companies and their associated entities based in Manipur, according to sources in the central investigating...
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    ED Arrests Key Figure in Rs 20.59 Cr Dairy Export Case

    Bhopal, March 16 – The Enforcement Directorate's Bhopal Zonal Office has arrested Kishan Modi, a key individual linked to M/s Jayshri Gayatri Food Products Pvt Ltd, in a major money laundering case involving the production and export of adulterated dairy products.The arrest was made on March...
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    Dairy Products 'Adulteration' Case: ED Arrests Company Owner

    Bhopal, March 16 The Enforcement Directorate said on Monday that it has arrested the owner and managing director of a food company based in Madhya Pradesh for allegedly selling "adulterated" dairy products.Kishan Modi of Jayshri Gayatri Food Products Pvt. Ltd. (JGFPPL) was taken into custody...
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    IDFC First Bank Fraud: Investigation Leads to Jewelry Firm Arrest

    Chandigarh, March 14 The Haryana State Vigilance and Anti-Corruption Bureau (ACB) arrested a jeweler on Saturday in connection with the IDFC First Bank fraud case. Investigators found that more than ₹250 crore had been routed to his firm from companies linked to the accused.Rajan Katodia...
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