prevention of money laundering act

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    Allegations of Money Laundering Surround Former Lodha Executive

    Mumbai, February 13 A special court under the Prevention of Money Laundering Act (PMLA) in Mumbai on Friday sent a former director of real estate company Lodha Developers Ltd to the Enforcement Directorate (ED)'s custody until February 20 in an alleged money laundering case worth Rs 85 crore...
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    Andaman Bank Fraud: ED Seizes Assets in Cooperative Scheme

    New Delhi, February 13 The Enforcement Directorate said on Friday that it has attached hotels, resorts, and land parcels worth ₹200 crore in the Andaman and Nicobar Islands as part of an investigation into money laundering.These assets were "directly or indirectly" derived from, or involved...
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    Investigation Reveals Coal Theft Syndicate Linked to West Bengal Firms

    New Delhi, February 13 The Enforcement Directorate (ED) said on Friday that it has attached fresh assets worth Rs 100 crore as part of its investigation into alleged illegal mining and coal theft in West Bengal, which it claims received "active" assistance from the local administration.The...
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    Aradeep Chatterjee Freed After Long Legal Battle, Assets Returned

    Kolkata, February 13 A court in the North 24 Parganas district of West Bengal has cleared a cancer alternative therapy expert of charges of making false claims about his profession.Following this acquittal, a court under the Prevention of Money Laundering Act (PMLA) has also acquitted Aradeep...
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    ED Arrests Former Lodha Developers Director in Rs 85 Crore Case

    Mumbai, February 12 The Enforcement Directorate (ED) formally arrested a former director of real estate company Lodha Developers Limited on Thursday in an alleged money laundering case worth Rs 85 crore.The ED's case against the accused, Rajendra Lodha, is based on a cheating and forgery case...
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    Fraud Ring Targets US Nationals with Tech Support Scheme

    New Delhi, February 12 The Enforcement Directorate said on Thursday that it has filed a chargesheet against some accused who allegedly defrauded US nationals of crores of rupees through a "tech support scam", and used the money to purchase lavish houses, cars, luxury watches, and to fly in...
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    HC Rejects Mallya's Petition Until He Returns to India

    Mumbai, February 12 The Bombay High Court reiterated on Thursday its stance that it would not consider the petition filed by the fugitive businessman Vijay Mallya, challenging the provisions of the Fugitive Economic Offenders (FEO) Act, until he returns to India. A bench of Chief Justice Shree...
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    Arvind Kejriwal's Case: Petition Dismissed, Legal Issues Remain

    New Delhi, February 12 The Delhi High Court on Thursday allowed AAP leader Arvind Kejriwal to withdraw his petition challenging the summons issued to him by the Enforcement Directorate (ED) in connection with its investigation into a money laundering case linked to the excise policy.A senior...
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    Former MP Kuldeep Rai Sharma Denied Bail in Loan Fraud Investigation

    Sri Vijaya Puram, February 10 The Calcutta High Court on Tuesday rejected the bail applications of former Member of Parliament of Andaman and Nicobar Islands, Kuldeep Rai Sharma, and Sanjay Lal, another accused, in connection with a case involving a fraud of Rs 500 crore against a bank.The...
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    Money Laundering Probe Launched in Tirupati Temple Scandal

    Amravati/New Delhi, February 10 The Enforcement Directorate has registered a money laundering case to investigate an alleged adulteration scam related to the preparation of 'laddu prasadam' at the famous Tirumala temple in Tirupati, Andhra Pradesh, officials said.The federal investigation...
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    ADAG Under Investigation: Assets Frozen Amid Fraud Claims

    New Delhi, February 10 The Enforcement Directorate has issued fresh summons to Reliance Group chairman Anil Ambani and his wife Tina Ambani to appear for questioning in a money laundering case next week, officials said on Tuesday.Tina Ambani, 68, a former actress, was asked to appear before...
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    Money Laundering Probe Expands to Tina Ambani's New York Property

    New Delhi, February 10 The Enforcement Directorate is expected to issue fresh summons to Tina Ambani, the wife of Reliance Group Chairman Anil Ambani, for questioning in a money laundering case after she failed to appear on the scheduled date, officials said on Tuesday.Tina, 68, a former...
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    Supreme Court Orders SIT Investigation into ADAG Corporate Allegations

    New Delhi, February 9 The Enforcement Directorate has constituted a special investigation team (SIT) to probe the alleged banking and corporate fraud worth Rs 40,000 crore involving the Anil Dhirubhai Ambani Group (ADAG) and linked entities, official sources said on Monday.The SIT is led by an...
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    Government Steps Up Cybercrime Response with New Inter-Agency Initiatives

    New Delhi, February 9 In an effort to combat the rising menace of "digital arrests," the Ministry of Home Affairs (MHA) has informed the Supreme Court that it has established a high-level inter-departmental committee (IDC) to eliminate systemic gaps and ensure real-time protection for victims of...
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