Noida ponzi scheme probe: ED freezes 12 accounts with Rs 519 crore funds
8 years, 1 month ago

Noida ponzi scheme probe: ED freezes 12 accounts with Rs 519 crore funds

Hindustan Times  

ED has ordered freezing of 12 bank accounts holding deposits of Rs 519.59 crore in connection with its PMLA probe in the alleged Rs 3,700 crore ponzi scam perpetrated by seeking fraud social media ‘likes’ from lakhs of gullible investors by a Noida-based firm. The accused Anubhav Mittal and Sridhar Prasad were arrested by the Uttar Pradesh Special Task Force for an online trading scam worth over Rs 3,700 crore, in Noida. The agency has also identified a villa priced at Rs 3.6 crore “purchased” by the main accused in the case Anubhav Mittal in Noida last year, officials said. Read: Online trading scam: Another Noida firm faces probe ED said one of the firms involved in the case claimed to be engaged in providing IT services including development of customised software solutions, computer and mobile applications and providing technical support but they were “merely accepting subscriptions ranging between Rs 5,750 and 57,500 for their so-called Social Trade Product IDs against which a user was offered certain webpages/URLs for clicking/liking and that the company would pay the user on per click/like basis at the sole discretion of the company.”

Uttar Pradesh Scam Crore Noida Pmla Stf Mittal Ponzi  scheme  arrested  mittal  freezes  probe  funds  accused  case  accounts  scam  crore  rs  agency  ed  ponzi  bank  noida

History of this topic

Ponzi scam: ED attaches assets worth ₹36.21 cr in Amber Dalal case
5 days, 20 hours ago

Ponzi scam: ED attaches assets worth ₹36.21 cr in Amber Dalal case

Hindustan Times  

MUMBAI: The Mumbai unit of the Enforcement Directorate provisionally attached assets worth ₹36.21 crore as part of its money-laundering probe into a case against Amber Dalal, the proprietor of the firm M/s Ritz Consultancy Services, and others. ED had earlier arrested Dalal and submitted a prosecution complaint against him and attached assets worth ₹104.35 crore, including an immovable property in …

77-year-old Noida resident put under digital arrest for 16 days, loses ₹3.14 crore
1 week, 4 days ago

77-year-old Noida resident put under digital arrest for 16 days, loses ₹3.14 crore

Hindustan Times  

A 77-year-old man in Noida was put under digital arrest for 16 days from February 26 to March 12 and robbed of ₹3.14 crore on the pretext that he was linked to money laundering, police said on Thursday. Police said that a case of cheating was registered at the cybercrime branch police station on Wednesday afternoon against four unidentified suspects. …

Cyberabad police arrest key suspect in ₹14 crore investment fraud targeting 200 investors
3 weeks, 6 days ago

Cyberabad police arrest key suspect in ₹14 crore investment fraud targeting 200 investors

The Hindu  

A man accused of duping around 200 individuals of ₹14 crore in large-scale investment fraud was arrested by the Economic Offences Wing of Cyberabad police on Tuesday. Another scheme assured investors that the same deposit amount would provide a monthly return of ₹20,000 for ten months, again amounting to ₹2 lakh, with a similar deduction. A third scheme offered land …

Seven arrested for two separate ‘digital arrest’ scams worth ₹1.66 crore
1 month, 1 week ago

Seven arrested for two separate ‘digital arrest’ scams worth ₹1.66 crore

The Hindu  

The cybercrime wing of the Cyberabad police on Friday arrested seven persons in two separate cases of ‘digital arrest’. In the first case, two persons involved in a ‘digital arrest’ fraud in which an 82-year-old retired engineer was duped of ₹1.38 crore, were arrested. The call was then transferred to a ‘cybercrime officer’ from Mumbai who coerced the victim to …

Nine arrested for fraudulently selling ₹12cr plot in Noida
1 month, 1 week ago

Nine arrested for fraudulently selling ₹12cr plot in Noida

Hindustan Times  

A gang of nine people was arrested by Noida Police on Wednesday for allegedly falsifying ownership documents and attempting to sell a 375-square-metre plot in Sector 55, valued at ₹12 crore, using fake registry papers. When the bank’s representatives sought to inspect the land before issuing the loan, the suspects broke the gate locks, which was captured on CCTV, leading …

Two arrested by Cyberabad EOW in ₹850 crore ponzi scheme case
1 month, 2 weeks ago

Two arrested by Cyberabad EOW in ₹850 crore ponzi scheme case

The Hindu  

Two individuals have been arrested by the Economic Offences Wing of Cyberabad Police in connection with an ₹850 crore ponzi scheme linked to the Falcon Invoice Discounting Platform. Ltd. and Business Head of Falcon Invoice Discounting Platform, and Kavya Nalluri, Director of Capital Protection Force Pvt Ltd and Falcon Capital Ventures Pvt Ltd. “Investigations have revealed that the primary accused, …

ED seizes ₹170 crore worth bank deposits in probe against ‘fraud’ forex trading platform
1 month, 2 weeks ago

ED seizes ₹170 crore worth bank deposits in probe against ‘fraud’ forex trading platform

The Hindu  

The Enforcement Directorate on Thursday said it has frozen bank deposits worth ₹170 crore following recent searches against promoters of an alleged fraudulent forex trading and deposit scheme. The federal agency said in a statement that raids were launched on February 11 at various premises in Delhi, Noida and Shamli in Uttar Pradesh and Rohtak in Haryana as part of …

‘Digital Arrest’ scam: Noida family loses ₹1.10 crore to cyber criminals; here’s what happened
1 month, 2 weeks ago

‘Digital Arrest’ scam: Noida family loses ₹1.10 crore to cyber criminals; here’s what happened

Live Mint  

A family in Noida has fallen victim to a sophisticated cyber fraud, losing over ₹1 crore after being subjected to a five-day 'digital arrest' by fraudsters impersonating government officials, police confirmed on Monday. The emerging scam, termed 'digital arrest', involves criminals posing as law enforcement officers, such as officials from the Central Bureau of Investigation or customs authorities. Within minutes, …

Noida family kept under ‘digital arrest’ for 5 days, loses over ₹1 crore in scam
1 month, 2 weeks ago

Noida family kept under ‘digital arrest’ for 5 days, loses over ₹1 crore in scam

Hindustan Times  

A family in Uttar Pradesh's Noida lost over ₹1 crore after being held under ‘digital arrest’ for five days by unidentified persons posing as government officials, news agency PTI reported, citing police on Monday. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Explaining the scam, police said, “'Digital arrest' is a new cyber fraud, where the accused pose as law enforcement agency officials, like …

Noida family kept under ‘digital arrest’ for 5 days, loses over ₹1 crore in scam
1 month, 2 weeks ago

Noida family kept under ‘digital arrest’ for 5 days, loses over ₹1 crore in scam

Hindustan Times  

A family in Uttar Pradesh's Noida lost over ₹1 crore after being held under ‘digital arrest’ for five days by unidentified persons posing as government officials, news agency PTI reported, citing police on Monday. Explaining the scam, police said, “'Digital arrest' is a new cyber fraud, where the accused pose as law enforcement agency officials, like CBI or customs officials, …

Noida: Cops freeze ₹11 crore from 12 bank accounts linked to FIITJEE founder
1 month, 3 weeks ago

Noida: Cops freeze ₹11 crore from 12 bank accounts linked to FIITJEE founder

Hindustan Times  

Noida Police froze ₹11.11 crore from 12 bank accounts linked to FIITJEE Coaching Institute's founder Dinesh Goyal, they said on Monday. Noida police Police added that as per the PAN card of the founder, there are 172 current accounts and 12 savings accounts of the institute in various states of the country, out of them 12 bank account details have …

ED freezes ₹5.4 crore assets in ₹4,957 crore bank fraud probe
2 months, 3 weeks ago

ED freezes ₹5.4 crore assets in ₹4,957 crore bank fraud probe

Hindustan Times  

Mumbai/New Delhi: The Enforcement Directorate has frozen immovable assets worth ₹5.4 crore as part of its investigation into a ₹4,957 crore bank fraud allegedly involving the private firm M/s Pratibha Industries Ltd. ED freezes ₹ 5.4 crore assets in ₹ 4,957 crore bank fraud probe The frozen assets include bank balances and mutual funds, according to agency sources. The ED’s …

Noida: Man held for involvement in ₹1.39 crore trading fraud
3 months, 1 week ago

Noida: Man held for involvement in ₹1.39 crore trading fraud

Hindustan Times  

Noida: The cybercrime branch of Noida Police on Thursday arrested a 29-year-old man in connection with a ₹1.39 crore fraud that occurred in July 2024, police said adding that a freeze had been put on the man’s Mumbai bank account which had about ₹14 lakh. The cybercrime branch of Noida Police on Thursday arrested a 29-year-old man in connection with …

Greater Noida: ₹5.58L siphoned off from woman’s bank account
3 months, 4 weeks ago

Greater Noida: ₹5.58L siphoned off from woman’s bank account

Hindustan Times  

Noida Cybercriminals allegedly siphoned off ₹5.58 lakh from the bank account of a 38-year-old government school teacher of Greater Noida West, despite her claiming that she does not use internet banking or the Unified Payment Interface, police said on Sunday. In the FIR, Singh said, “The bank account was hacked and the yearlong savings of ₹5.88 lakh were syphoned off.” …

Noida: 48-year-old woman loses ₹34L to cyber frauds
4 months, 1 week ago

Noida: 48-year-old woman loses ₹34L to cyber frauds

Hindustan Times  

Noida: A 48-year-old woman was allegedly put under ‘digital arrest’ for a day and was duped to the tune of ₹34 lakh in Noida, said officers on Sunday, adding that ₹10 lakh have been recovered and returned to the victim. The woman was directed to approach a bank and transfer ₹ 20 lakh plus her savings of ₹ 14 lakh …

STF arrests four for ₹5 crore loan fraud
4 months, 1 week ago

STF arrests four for ₹5 crore loan fraud

Hindustan Times  

The Uttar Pradesh Special Task Force on Tuesday arrested four individuals involved in a major banking fraud, where they used fake documents to secure home loans from multiple banks and housing finance companies. The accused are alleged to have defrauded these institutions of over ₹ 5 crore The arrested fraudsters—identified as Arif, Wasil, Shiv Pratap Singh, and Arpit Srivastava—used fake …

Noida: 2 arrested for targeting locked houses, ₹1 cr jewellery seized
4 months, 1 week ago

Noida: 2 arrested for targeting locked houses, ₹1 cr jewellery seized

Hindustan Times  

Noida: Two men were arrested by Noida police on Monday for allegedly targeting locked houses and decamping with valuable items in the National Capital Region, said officers, adding that jewellery worth ₹1 crore and ₹1.35 lakh in cash were confiscated from their possession. The arrests came after five back-to-back theft cases were reported at Sector 39, and one at Sector …

ED's money laundering probe leads to raids across Maharashtra and Gujarat
4 months, 2 weeks ago

ED's money laundering probe leads to raids across Maharashtra and Gujarat

Hindustan Times  

Mumbai: The Enforcement Directorate conducted searches at more than 16 locations across Maharashtra and Gujarat on Thursday, investigating suspicious banking transactions worth ₹80-90 crore allegedly conducted by a Malegaon-based trader through misappropriated bank accounts. During the raids, which extended into Thursday night, the agency froze approximately ₹ 1.8 crore held in two scrutinised bank accounts. During the raids, which extended …

ED attaches Rs 4 crore assets in PMLA case against Chinese man living illegally in India
4 months, 2 weeks ago

ED attaches Rs 4 crore assets in PMLA case against Chinese man living illegally in India

New Indian Express  

NEW DELHI: The Enforcement Directorate on Tuesday said it has attached fresh assets worth Rs 4 crore as part of money laundering investigation against a Chinese national staying "illegally" in India and his associate. It said the Chinese national's associate allegedly indulged in a host of criminal activities like gambling, prostitution and for secret clubs for people from China. The …

Four Arrested for ₹24 Crore Investment Scam Targeting 120 Investors
5 months, 1 week ago

Four Arrested for ₹24 Crore Investment Scam Targeting 120 Investors

The Hindu  

Four persons were arrested for a ₹24 crore investment scam targeting 120 investors in Hyderabad. The gang, led by directors of Squares and Yards Infra Pvt Ltd and Ad Avenues Pvt Ltd, lured the victims with their buyback scheme, promising monthly returns for 100 months. However, after collecting money from the victims, they shut down the company and paid monthly …

Noida: Man arrested for investment fraud, ₹24 lakh recovered
5 months, 4 weeks ago

Noida: Man arrested for investment fraud, ₹24 lakh recovered

Hindustan Times  

Cybercrime branch police arrested a 29-year-old man for allegedly duping a Noida resident of ₹32.4 lakh on the promise of fruitful returns on her investment and on reviewing online websites, said police on Thursday, adding that ₹24 lakh has been recovered so far and returned to the victim. Police said 21 bank accounts used by suspects were flagged by various …

Two held for defrauding Noida authority of ₹3.9 cr in 2023 FD scam
6 months, 2 weeks ago

Two held for defrauding Noida authority of ₹3.9 cr in 2023 FD scam

Hindustan Times  

The Noida Police have arrested two people, including the mastermind, for allegedly defrauding the Noida authority of ₹3.9 crore in 2023 during a fixed deposit scam, officers said on Saturday. On June 30, 2023, posing as an accounts officer from the Noida authority’s finance department, a conman allegedly transferred ₹3.90 crore from the authority’s bank account to various other accounts, …

PNB fraud case: Fugitive Nirav Modi's assets worth ₹29.75 crore attached by ED
6 months, 2 weeks ago

PNB fraud case: Fugitive Nirav Modi's assets worth ₹29.75 crore attached by ED

Hindustan Times  

The Enforcement Directorate has provisionally attached assets worth ₹29.75 crore belonging to fugitive businessman Nirav Modi, as part of its ongoing investigation into the ₹6,498 crore Punjab National Bank fraud case, officials said on Wednesday. Nirav Modi, the mastermind behind the PNB scam, has been fighting extradition from the UK, where authorities arrested him in 2019. The scam, uncovered in …

Noida gang that duped people on pretext of investing in crypto busted
7 months ago

Noida gang that duped people on pretext of investing in crypto busted

Hindustan Times  

Three people were arrested in Noida on Sunday for robbing a Moradabad college student of ₹5 lakh on the pretext of investing his money in cryptocurrency, police said. The suspects were identified as Nishant Chouhan, 25, Gaurav Bhati, 24, and Sagar Bhati, aka Shanky, 25, all residents of Salarpur in Noida Sector 49. The suspects were identified as Nishant Chouhan, …

Telangana Cybercrime Police Arrest Two in ₹175 Crore Fraud Case
7 months ago

Telangana Cybercrime Police Arrest Two in ₹175 Crore Fraud Case

Deccan Chronicle  

Telangana Cybercrime officials have arrested two individuals involved in a massive ₹175 crore fraud. The investigation was initiated after the Cyber Security Bureau's data analysis team flagged numerous complaints reported on the National Cybercrime Reporting Portal against six bank accounts in the State Bank of India Shamsheergunj branch. The investigation linked approximately 600 complaints to these accounts.The primary suspect, operating …

GST Scam: Noida Police arrest two billionaire traders, masterminds of multi-crore GST scam
1 year ago

GST Scam: Noida Police arrest two billionaire traders, masterminds of multi-crore GST scam

The Hindu  

In a breakthrough in the Goods and Services Tax fraud case, the Noida Police on March 20 said it has arrested two Haryana-based "billionaire businessmen" who allegedly masterminded the multi-crore revenue loss to the exchequer. Known as the "GST scam", the case came to light in June 2023 and pertains to revenue loss to the exchequer through input-tax credit being …

Probe agency raids 22 locations in Mumbai linked to builder in fraud case
1 year, 1 month ago

Probe agency raids 22 locations in Mumbai linked to builder in fraud case

India Today  

The Enforcement Directorate last week searched 22 locations in Mumbai and Navi Mumbai related to a builder named Lalit Tekchandani, in connection with a money laundering case. The ED began investigating based on two FIRs that alleged that Supreme Construction & Developer Pvt Ltd, represented by Tekchandani and others, collected large sums of money from prospective home buyers for a …

Uttar Pradesh: Assistant manager booked for funnelling over Rs 25 crore from private bank in Noida
1 year, 3 months ago

Uttar Pradesh: Assistant manager booked for funnelling over Rs 25 crore from private bank in Noida

India TV News  

Noida news: An employee of a private bank in Noida has been booked for allegedly cheating by illegally transferring more than Rs 25 crore into accounts of his relatives and other associates, police said today. Image Source : INDIA TV Assistant manager of private bank booked for funnelling over Rs 25 crore from Noida bank What DCP said on this …

Two more arrested in multi-crore online part-time job scam
1 year, 3 months ago

Two more arrested in multi-crore online part-time job scam

The Hindu  

The Ernakulam Rural cyber crime police have arrested two more persons in connection with the crores-worth online scam pulled off by offering part-time jobs. As per initial estimates by the cyber crime police, the racket has pulled off cheating worth around ₹250 crore through 50 different accounts. According to the police, Chakradhar was the accomplice of Manoj and enticed people …

Govinda to be questioned in Rs 1,000 crore online ponzi scam
1 year, 6 months ago

Govinda to be questioned in Rs 1,000 crore online ponzi scam

India Today  

The Odisha Economic Offences Wing on September 13 said they will question Govinda in connection with a Rs 1,000 crore pan-India Online Ponzi Scam probe. The authorities said that the Solar Techno Alliance with an online presence in several countries was illegally operating a pyramid-structured online ponzi scam in the garb of crypto investment. GOVINDA TO BE QUESTIONED IN ONLINE …

Crypto Ponzi Scam Valued At Rs 1,000 Cr Uncovered By Odisha Police: All You Need To Know
1 year, 7 months ago

Crypto Ponzi Scam Valued At Rs 1,000 Cr Uncovered By Odisha Police: All You Need To Know

ABP News  

The Odisha Police's Economic Offence Wing has announced a significant breakthrough in its investigation, uncovering a Crypto Ponzi scam valued at Rs 1,000 crore. The EOW's recent operation led to the arrest of Gurtej Singh Sidhu, the Indian head of 'STA Crypto token,' a Ponzi firm located in Sri Ganganagar, Rajasthan. Beyond Odisha, the Ponzi scam boasted more than two …

Biggest Crypto-ponzi scam of India, STA, busted in Odisha
1 year, 7 months ago

Biggest Crypto-ponzi scam of India, STA, busted in Odisha

Op India  

The Economic Offences Wing of Odisha Police, on the 7th of August, stated that it has busted the biggest crypto-ponzi scam in India. As part of the crackdown, the EOW team arrested Gurtej Singh Sidhu, head of the India operations of ‘STA Crypto token’ from Rajasthan’s Sri Ganganagar. According to the EOW officials, the total money involved in the scam …

Chhattisgarh liquor 'scam' | ED attaches assets worth over ₹121 crore of IAS officer Tuteja, Raipur Mayor's brother
1 year, 10 months ago

Chhattisgarh liquor 'scam' | ED attaches assets worth over ₹121 crore of IAS officer Tuteja, Raipur Mayor's brother

The Hindu  

The Enforcement Directorate has attached 119 immovable properties estimated around ₹121.87 crore under the Prevention of Money Laundering Act in connection with the alleged liquor scam-linked money laundering case in Chhattisgarh. Out of the attached properties, 14 assets belong to Indian Administrative Service official Anil Tuteja, currently Joint Secretary in the State’s Industry and Commerce department; 69 are related to …

ED seizes assets worth over Rs 121 crore in Pune bank fraud case
1 year, 10 months ago

ED seizes assets worth over Rs 121 crore in Pune bank fraud case

India Today  

The Enforcement Directorate has provisionally attached 47 immovable properties worth Rs 121.81 crore in Pune and movable assets worth Rs 54.25 lakh of Devi Concrete Products under the provisions of the Prevention of Money Laundering Act, 2002. The ED initiated the PMLA investigation based on a predicate FIR at Pune’s Vimantal Police station against Vinay Aranha of the Rosary Education …

ED attaches suspended IAS officer Pooja Singhal's property worth Rs 82 crore in MGNREGA scam
1 year, 10 months ago

ED attaches suspended IAS officer Pooja Singhal's property worth Rs 82 crore in MGNREGA scam

India Today  

The Enforcement Directorate has provisionally attached immovable properties worth Rs 82.77 crore belonging to suspended IAS officer Pooja Singhal and others in Ranchi, Jharkhand on December 1, 2022, in connection with the MGNREGA scam, the Adjudicating Authority confirmed. The properties include one Super Speciality Hospital namely Pulse Super Speciality Hospital, one diagnostics centre namely Pulse Diagnostic and Imaging Centre, plant …

Land deal scam: ED arrests Jharkhand IAS officer Chhavi Ranjan after day-long grilling
1 year, 10 months ago

Land deal scam: ED arrests Jharkhand IAS officer Chhavi Ranjan after day-long grilling

India TV News  

Land deal scam: After a day-long grilling, Enforcement Directorate on Thursday arrested Jharkhand IAS officer Chhavi Ranjan. The 2011 batch officer has been arrested for his involvement in alleged land deals and has been taken into ED custody. Earlier on April 24, ED had grilled Ranjan for about 10 hours in connection with its money laundering investigation into alleged illegal …

Excise policy 'scam' | Enforcement Directorate attaches ₹76.54 crore worth assets under PMLA
2 years, 2 months ago

Excise policy 'scam' | Enforcement Directorate attaches ₹76.54 crore worth assets under PMLA

The Hindu  

The Enforcement Directorate on Wednesday, January 25, 2023, has attached assets worth ₹76.54 crore of several persons and entities in connection with the money laundering probe into the Delhi excise policy case allegedly involving Delhi Deputy Chief Minister Manish Sisodia and others. According to the agency, the attachment order includes properties worth ₹35 crore of accused Sameer Mahandru and his …

Bengal recruitment scam: ED files chargesheet against Partha Chatterjee, others
2 years, 6 months ago

Bengal recruitment scam: ED files chargesheet against Partha Chatterjee, others

Live Mint  

New Delhi: The Enforcement Directorate has filed its first charge sheet against former West Bengal minister Partha Chatterjee and his alleged associate Arpita Mukherjee and six companies in the School Service Commission recruitment scam-linked money laundering case, the probe agency said in a statement. According to the probe agency, Partha Chatterjee and Arpita Mukherjee and six companies — Echhay Entertainment …

ED seizes ₹11.88 crore from Jharkhand CM Soren’s aide Pankaj Mishra, others
2 years, 8 months ago

ED seizes ₹11.88 crore from Jharkhand CM Soren’s aide Pankaj Mishra, others

The Hindu  

The Enforcement Directorate on Friday said it has seized ₹11.88 crore of cash kept in bank accounts of Pankaj Mishra, the political representative of Jharkhand Chief Minister Hemant Soren, and others as part of a money laundering investigation into alleged illegal mining in the State. "Cash amounting to Rs 11.88 crore lying in 37 bank accounts belonging to Pankaj Mishra, …

ED raids locations in Jharkhand MGNREGA funds fraud PMLA case
2 years, 10 months ago

ED raids locations in Jharkhand MGNREGA funds fraud PMLA case

The Hindu  

The Enforcement Directorate on Friday conducted raids at multiple premises, including that of Jharkhand mining secretary, in connection with a money laundering case linked to alleged embezzlement of ₹18 crore MGNREGA funds in Khunti district of the state, officials said. They said the premises of IAS officer and Jharkhand mining secretary Pooja Singhal are also being covered as part of …

CBI arrests 11 in Rs 60,000 crore Pearls Ponzi Scheme scam
3 years, 3 months ago

CBI arrests 11 in Rs 60,000 crore Pearls Ponzi Scheme scam

India TV News  

The Central Bureau of Investigation has arrested 11 more persons, including businessmen and Pearls Group employees in connection with Rs 60,000 crore Pearls Ponzi Scheme case. The agency had earlier registered a preliminary enquiry on the directions of the Supreme Court against Pearls Group, which had allegedly collected around Rs 60,000 crore from around five crore investors all across the …

Four directors of firm held in Ponzi scam
3 years, 6 months ago

Four directors of firm held in Ponzi scam

The Hindu  

Four directors of a wealth management firm who were wanted for allegedly cheating nearly a hundred investors by promising them high returns have been arrested by the Tilak Nagar Police. According to the police, the accused shut down their firm, IQRA Wealth Management, in 2020 after starting a Ponzi scam. Unemployed youths cheated In another case, city police have busted …

Yes Bank fraud case: ED arrests Avantha Group promoter Gautam Thapar
3 years, 7 months ago

Yes Bank fraud case: ED arrests Avantha Group promoter Gautam Thapar

Live Mint  

New Delhi: The Enforcement Directorate has arrested Avantha Group promoter Gautam Thapar in connection with a money laundering case, news agency PTI reported. Thapar was arrested under provisions of the Prevention of Money Laundering Act on Tuesday night after the agency carried out raids against him and his linked businesses in Delhi and Mumbai. The ED has been probing an …

6 Held For Rs 7 Lakh Bank Heist In Bihar, Mastermind On The Run
3 years, 8 months ago

6 Held For Rs 7 Lakh Bank Heist In Bihar, Mastermind On The Run

News 18  

Six people have been arrested for allegedly looting Rs 6.82 lakh cash from the Repura branch of the State Bank of India in Bihar’s Muzaffarpur last week. Police said when officials were busy dealing with the customers, four youths entered inside the bank and held the employees at gunpoint. The SSP revealed that after escaping with the cash, the gang …

ED arrests absconding accused in Jharkhand ponzi fraud case
3 years, 9 months ago

ED arrests absconding accused in Jharkhand ponzi fraud case

India Today  

An alleged Jharkhand ponzi case fraud accused has been arrested by the Enforcement Directorate from West Bengal under the anti-money laundering law, the central agency said on Monday. Sinha, it said, is an accused in an alleged ponzi or chit fund fraud case that took place in Jharkhand sometime back and the ED had filed a charge sheet against him …

Uttarakhand SC-ST scholarship scam: ITI director arrested over 3.46cr swindle
4 years, 3 months ago

Uttarakhand SC-ST scholarship scam: ITI director arrested over 3.46cr swindle

Hindustan Times  

The special investigation team, investigating the multi-crore scheduled caste and scheduled tribe scholarship scam in Uttarakhand, has arrested the director of four private Industrial Training Institutes s for allegedly drawing Rs 3.46 crore from the state social welfare department through fraudulent means. According to the SIT officials probing the scam in Haridwar and Dehradun districts, the accused, arrested on Wednesday …

Six Held For Attempt to Swindle Money From Andhra Pradesh CM's Relief Fund
4 years, 5 months ago

Six Held For Attempt to Swindle Money From Andhra Pradesh CM's Relief Fund

News 18  

Mangaluru: Six people from Dakshina Kannada district have been arrested for attempting to swindle crores of rupees from the AP Chief Minister’s Relief Fund using fake cheques, police sources said on Wednesday. The six were arrested by the anti-corruption bureau of Andhra Pradesh police, sources said. Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy had ordered a probe, after …

Yes Bank PLMA Case: ED Attaches Properties Worth Rs 2,200 Cr Of Rana Kapoor, Others
4 years, 8 months ago

Yes Bank PLMA Case: ED Attaches Properties Worth Rs 2,200 Cr Of Rana Kapoor, Others

ABP News  

IndusInd Bank Former MD Romesh Sobti Buys Two Flats In Mumbai Project Worth Rs 76 Crore How Vikas Dubey Managed To Dodge Police For A Week Despite Massive Manhunt? Arrest Raises Several Questions The Enforcement Directorate on Thursday attached assets of Yes Bank Co-founder Rana Kapoor and others worth over Rs 2,203 crore under the anti-money laundering law.A news agency …

Yes Bank scam: ED arrests DHFL promoters Kapil Wadhawan, brother Dheeraj for money laundering
4 years, 10 months ago

Yes Bank scam: ED arrests DHFL promoters Kapil Wadhawan, brother Dheeraj for money laundering

Firstpost  

The Wadhawans are presently in jail after being arrested by the Central Bureau of Investigation, which is also probing the same case. New Delhi: The Enforcement Directorate on Thursday arrested DHFL promoters Kapil and Dheeraj Wadhawan in connection with its money laundering probe against Yes Bank co-founder Rana Kapoor and others, officials said. The Wadhawan brothers, also being probed by …

Yes Bank money laundering case: Bombay High Court declines pre-arrest bail to Wadhawans
4 years, 10 months ago

Yes Bank money laundering case: Bombay High Court declines pre-arrest bail to Wadhawans

Firstpost  

The Bombay High Court on Tuesday refused to grant pre-arrest bail to DHFL promoters Dheeraj Wadhawan and Kapil Wadhawan in a money laundering case of Yes Bank being probed by the Enforcement Directorate Mumbai: The Bombay High Court on Tuesday refused to grant pre-arrest bail to DHFL promoters Dheeraj Wadhawan and Kapil Wadhawan in a money laundering case of Yes …

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