Bank Fraud Case: ED Raids Ahmedabad-based True Value Group, Seizes Rs 6 Crore
4 years, 2 months ago

Bank Fraud Case: ED Raids Ahmedabad-based True Value Group, Seizes Rs 6 Crore

News 18  

The Enforcement Directorate on Saturday said it has carried out searches at six locations belonging to an Ahmedabad-based True Value group and another firm and seized around Rs 6 crore in connection with a bank fraud case. The agency carried out searches at the residential and office premises of the firm True Value Group and another Vipul and Manish Associates on Thursday and Friday, resulting in seizure of huge cash in Indian currency totalling to Rs 5.99 crore and foreign currency along with various incriminating documents. The ED initiated investigation under Prevention of Money Laundering Act on the basis of six First Information Reports registered by the Central Bureau of Investigation, Anti-Corruption Branch, Gandhinagar, wherein it has been alleged that Ardor Group of Companies and its directors, in connivance with unknown bank officials, had cheated and caused wrongful loss to the consortium of banks amounting to Rs 488 crore. Vipul and Manish Associates and True Value floated numerous dummy companies and made their relative and associate persons directors of these companies to do circular trading with purpose to inflate books of accounts of Ardor Group Companies to facilitate them for obtaining huge funds from consortium of banks which later become Non-Performing Asset.

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History of this topic

ED attached properties worth ₹103.4 crore in ponzi scheme case
1 day, 15 hours ago

ED attached properties worth ₹103.4 crore in ponzi scheme case

The Hindu  

The Directorate of Enforcement, Hyderabad, provisionally attached 27 immovable properties having market value of ₹103.4 crore under the provisions of the Prevention of Money Laundering Act, 2002 in a ponzi scheme case related to Nowhera Shaik and Heera Group of Companies. The ED has been investigating money laundering case against Heera Group of Companies and their managing director Nowhera Shaik …

ED confiscates underworld don Iqbal Mirchi's property in money laundering case
5 days, 10 hours ago

ED confiscates underworld don Iqbal Mirchi's property in money laundering case

India Today  

The Enforcement Directorate has taken possession of a prime property in south Mumbai belonging to the late underworld don Iqbal Mirchi. The property, located at New Roshan Talkies on Patthe Bapurao Marg in Girgaon, was allegedly acquired by Mirchi using proceeds from smuggling and other illegal activities. The ED investigation revealed that Iqbal Mirchi was involved in the drug trade …

ED freezes ₹5.4 crore assets in ₹4,957 crore bank fraud probe
6 days, 15 hours 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 …

Karnataka: Fraudsters posing as ED officials loot ₹30 lakh in fake raid at house
6 days, 19 hours ago

Karnataka: Fraudsters posing as ED officials loot ₹30 lakh in fake raid at house

Hindustan Times  

A group of six unidentified individuals, posing as officials from the Enforcement Directorate, allegedly raided a house in Bantwal town, Dakshina Kannada district, and fled with nearly ₹30 lakh in cash, along with five mobile phones, police said on Saturday. Efforts are being made to nab the accused, with further investigation currently underway, police said The incident took place on …

ED arrests two people in money laundering case linked to co-operative bank
1 week, 1 day ago

ED arrests two people in money laundering case linked to co-operative bank

India Today  

The Enforcement Directorate arrested two people in connection with a money laundering case related to Nashik Merchant Co-operative Bank in Malegaon. The ED carried out an investigation based on a case that was registered in November 2024 after deposits of over Rs 100 crore cash in 14 new accounts with the Malegaon branch of NAMCO bank. The probe agency carried …

ED Raids Online Lottery Trader's Shop, Home in West Bengal
1 week, 1 day ago

ED Raids Online Lottery Trader's Shop, Home in West Bengal

Deccan Chronicle  

Berhampore: The Enforcement Directorate raided and searched an online lottery businessman’s shop and house in Murshidabad of West Bengal on Thursday for his suspected links with crypto currency trade and an ongoing fraud in the name of ‘digital arrest’. At around 10 am on Thursday, five ED officers, escorted by armed central paramilitary forces in five cars, reached Barwan. They …

CBI files case against its officer in bribery case, Rs 55 lakh seized in raids
1 week, 2 days ago

CBI files case against its officer in bribery case, Rs 55 lakh seized in raids

India Today  

The Central Bureau of Investigation registered a case against one of its own Deputy Superintendents of Police, BM Meena, and others on charges of corruption. Investigators also seized property documents worth approximately Rs 1.78 crore and book entries reflecting transactions of Rs 1.63 crore. According to the First Information Report, Meena allegedly used middlemen to transfer bribe money through a …

Madhya Pradesh: 4 crore cash, assets worth over 90 crores owned by absconding ex-constable Saurabh Sharma and family found, ED probes source of wealth
1 week, 2 days ago

Madhya Pradesh: 4 crore cash, assets worth over 90 crores owned by absconding ex-constable Saurabh Sharma and family found, ED probes source of wealth

Op India  

In the latest development in the ongoing investigation against Saurabh Sharma, a former constable in the Madhya Pradesh state transport department, the ED has found an amount of Rs 4 crore in the bank accounts of Saurabh Sharma and his family members. Last year on 23rd December, the assets worth Rs 7.98 crore were recovered by the Special Police Establishment …

Axis Bank manager, 3 others arrested for siphoning Rs 12 crore from Bengaluru firm
Trending News
1 week, 5 days ago

Axis Bank manager, 3 others arrested for siphoning Rs 12 crore from Bengaluru firm

India Today  

Four people, including the manager of a private bank, were arrested for allegedly siphoning off Rs 12.51 crore by stealing sensitive data from a company, police said on Saturday. The matter came to light after the director of Dream Plug Pay Tech Solutions Private Limited approached the police in November, alleging the siphoning of Rs 12.51 crore from the company’s …

Chhattisgarh liquor scam: ED conducts raids at ex-Minister Kawasi Lakhma's residence, six other locations
2 weeks ago

Chhattisgarh liquor scam: ED conducts raids at ex-Minister Kawasi Lakhma's residence, six other locations

India TV News  

The Enforcement Directorate has conducted seven raids at multiple locations in connection to the alleged Rs 20,000 crore Chhattisgarh liquor scam. Among many locations, the federal agency also conducted raids at the residences of former Excise Minister Kawasi Lakhma in Raipur. Earlier on August 20, the Chhattisgarh High Court dismissed 12 petitions by the accused challenging the cases lodged by …

Shimla ED official accused of taking bribe searched, Rs 1 crore in cash seized
2 weeks ago

Shimla ED official accused of taking bribe searched, Rs 1 crore in cash seized

India Today  

The Central Bureau of Investigation on Friday conducted searches at premises linked to an Enforcement Directorate officials in Shimla and recovered Rs 1.14 crore in cash, officials said. The CBI carried out the searches against the accused official at the ED office in the Himachal Pradesh capital as well as his residence and recovered the cash. The accused is an …

Enforcement Directorate uncovers Rs 800 crore scam by OctaFx in 9 months
2 weeks, 1 day ago

Enforcement Directorate uncovers Rs 800 crore scam by OctaFx in 9 months

India Today  

The Enforcement Directorate has uncovered a Rs 800 crore fraud linked to forex trading platform OctaFx, revealing a complex scheme that defrauded Indian investors in just nine months of operation. The ED's investigation, initiated following a December 2021 FIR by Shivaji Nagar Police Station in Pune, alleged that OctaFx misled investors with promises of high returns through forex trading. Additionally, …

UP entity illegally using out tradename; ED action not against us: Kalpataru Group
2 weeks, 1 day ago

UP entity illegally using out tradename; ED action not against us: Kalpataru Group

Live Mint  

New Delhi, Dec 26 Mumbai-based realty and engineering contracts company Kalpataru Group has clarified that it was not connected to the recent ED searches conducted in a money laundering case against an Uttar Pradesh-based business group which has been "mischievously" using its trademark and tradename 'Kalpataru'. The Enforcement Directorate had on December 19 issued a statement to say that it …

Rs 8 crores assets including Rs 3 crore cash seized from former constable's premises in Madhya Pradesh, probe underway
Trending News
2 weeks, 4 days ago

Rs 8 crores assets including Rs 3 crore cash seized from former constable's premises in Madhya Pradesh, probe underway

Op India  

On Monday, 23rd December, the Lokayukta’s Special Police Establishment in Madhya Pradesh recovered assets worth Rs 7.98 crore from the premises of a former constable identified as Saurabh Sharma. Lokayukta Police Director General Jaideep Prasad confirmed the development to the media and revealed that Sharma opted for illegal means to collect the wealth totaling around Rs 8 crores. Reports suggest …

Software engineer in Bengaluru loses Rs 11.8 crore in digital arrest scam
2 weeks, 5 days ago

Software engineer in Bengaluru loses Rs 11.8 crore in digital arrest scam

India Today  

A 39-year-old software engineer in Bengaluru lost Rs 11.8 crore in a "digital arrest" scam, after fraudsters impersonating police officers falsely accused him of being involved in money laundering. The caller alleged that his SIM card, linked to his Aadhaar card, had been used for illegal Soon after, the victim received another call from someone pretending to be a police …

Massive cash, gold seizure in Bhopal triggers probe into Benami properties
2 weeks, 6 days ago

Massive cash, gold seizure in Bhopal triggers probe into Benami properties

New Indian Express  

BHOPAL: Two simultaneous searches by the Income Tax Department and state’s anti-corruption agency, Lokayukta Special Police Establishment and seizure of a massive haul of unaccounted gold and Rs 11 crore cash from a MUV in Bhopal may lead to a plethora of Benami properties in Madhya Pradesh. Ongoing probe by the Income Tax Department and Lokayukta SPE into the businesses …

Income Tax department recovers 52 kg gold, over ₹11 crore cash from Gwalior man’s abandoned SUV in Bhopal
3 weeks ago

Income Tax department recovers 52 kg gold, over ₹11 crore cash from Gwalior man’s abandoned SUV in Bhopal

Live Mint  

The Income Tax department and police seized 52 kg of gold bars worth ₹40 crore, along with over ₹11 crore in cash, from an abandoned SUV on Kushalpura road in Bhopal, Madhya Pradesh, on Friday. “A person informed Ratibad police station that an Innova Crysta was standing unclaimed on the Kushalpura road for a long time and about seven to …

ED raids multiple locations of Concast Steel and Power Group, seizes jewellery and vehicles
3 weeks, 2 days ago

ED raids multiple locations of Concast Steel and Power Group, seizes jewellery and vehicles

The Hindu  

The Kolkata Zonal Office of the Directorate of Enforcement conducted search operations at 13 places of Concast Steel and Power Group and seized gold and jewellery worth ₹4.5 Crore as well as eight vehicles including luxury vehicles. ED initiated investigation on the basis of FIR registered by CBI, BSFB, Kolkata under various sections of IPC, 1860 and Prevention of Corruption …

ED raids nine locations in money laundering case linked to Spectra Industries
3 weeks, 2 days ago

ED raids nine locations in money laundering case linked to Spectra Industries

India Today  

The Mumbai Zone of the Enforcement Directorate conducted search operations at nine places across Mumbai and Aurangabad in connection with a money laundering case involving bank fraud against Spectra Industries. The ED initiated an investigation in the case on the basis of an FIR registered by the Central Bureau of Investigation against Spectra Industries Limited, Jaidev Vinod Gupta, Sheela Vinod …

Odisha: ED raids premises of BJD MLA’s brother in ₹231 crore financial fraud case
3 weeks, 3 days ago

Odisha: ED raids premises of BJD MLA’s brother in ₹231 crore financial fraud case

Live Mint  

The Enforcement Directorate on December 18 searched premises linked to the deceased brother of a Biju Janata Dal lawmaker in Odisha as part of a money laundering investigation. The house and some other locations linked to late Khirod Malik, brother of Biju Janta Dal legislator Pramila Malik, in Sambalpur are being raided, the sources told news agency PTI. The money …

ED arrests industrialist Sanjay Sureka in Rs 6,000 crore bank fraud case
3 weeks, 3 days ago

ED arrests industrialist Sanjay Sureka in Rs 6,000 crore bank fraud case

India Today  

Industrialist Sanjay Sureka, owner of Concast Steel and Power Limited, was arrested by the Enforcement Directorate on Tuesday following extensive raids in Kolkata. The central agency conducted searches at 10 locations linked to Sureka, including his residence in Ballygunge, where jewellery worth Rs 4.5 crore and several foreign-made luxury cars were seized. According to sources, the arrest is part of …

ED restores Rs 22,000 crore of assets from Vijay Mallya, Nirav Modi: Minister
3 weeks, 3 days ago

ED restores Rs 22,000 crore of assets from Vijay Mallya, Nirav Modi: Minister

India Today  

Union Finance Minister Nirmala Sitharaman on Tuesday revealed that the Enforcement Directorate has successfully restored assets worth Rs 22,280 crore to victims and rightful claimants, asserting the government's relentless commitment to combating economic offenders. The Finance Minister pointed out that among the major cases, the ED has recovered properties valued at Rs 14,131.6 crore belonging to fugitive businessman Vijay Mallya, …

ED Retrieved Properties Worth Rs 14,131 Cr From Vijay Mallya, 1,052 Cr From Nirav Modi: Nirmala Sitharaman In Lok Sabha
3 weeks, 3 days ago

ED Retrieved Properties Worth Rs 14,131 Cr From Vijay Mallya, 1,052 Cr From Nirav Modi: Nirmala Sitharaman In Lok Sabha

ABP News  

Finance Minister Nirma Sitharaman on Tuesday said the Enforcement Directorate has successfully retrieved properties worth Rs 22,280 crores from economic offenders, including Rs 14,131 crore from Vijay Mallya and Rs 1,052 from Nirav Modi. In Vijay Mallya case, 14,131.6 crore has been recovered and the complete amount of the attached property has been restored to the public sector banks." "In …

Gujarat police bust cyber fraud network, arrest eight as Rs 50 crore routed through 42 bank accounts
3 weeks, 5 days ago

Gujarat police bust cyber fraud network, arrest eight as Rs 50 crore routed through 42 bank accounts

India TV News  

The Gujarat police have succeeded in exposing an elaborate so-called underground network that had run several accounts for parking cyber fraud money and arrested eight individuals. The inspection of 42 out of approximately 200 suspect bank accounts revealed an astonishing amount, which is around Rs 50 crore deposited from cyber scam victims. The admission of the principal accused in Ahmedabad …

ED restitutes assets worth ₹4,025 crore in Bhushan Power and Steel case to JSW
4 weeks ago

ED restitutes assets worth ₹4,025 crore in Bhushan Power and Steel case to JSW

The Hindu  

The Enforcement Directorate has restituted assets worth ₹4,025 crore to JSW, a Successful Resolution Applicant in the matter of the erstwhile Bhushan Power and Steel Limited under the Corporate Insolvency Resolution Process of the Insolvency and Bankruptcy Code. The assets were provisionally attached by the ED under Section 5 of Prevention of Money Laundering Act as the erstwhile promoters of …

ED returns assets worth Rs 4,025 crore in Bhushan Steel fraud case
4 weeks ago

ED returns assets worth Rs 4,025 crore in Bhushan Steel fraud case

Deccan Chronicle  

New Delhi: The ED has restituted assets worth Rs 4,025 crore of the erstwhile Bhushan Steel and Power Limited to JSW Steel following approval from the Supreme Court, the federal probe agency said on Saturday.JSW Steel was the successful resolution applicant to the assets of the insolvent company under the Insolvency and Bankruptcy Code of the Corporate Insolvency Resolution Process. …

ED freezes shares worth Rs 131 crore in illegal betting app case after raids
Trending News
4 weeks ago

ED freezes shares worth Rs 131 crore in illegal betting app case after raids

India Today  

The Enforcement Directorate conducted search operations in Kolkata in connection with a money laundering case linked to the illegal betting app Mahadev Online Book and froze shares and securities worth Rs. ED investigations have revealed that the Mahadev Online Book betting app operates as an umbrella syndicate facilitating online platforms for illegal betting. It enables websites to enroll new users, …

ED freezes assets worth ₹130.57 crore in Mahadev Online Book case
4 weeks ago

ED freezes assets worth ₹130.57 crore in Mahadev Online Book case

Hindustan Times  

MUMBAI: The Enforcement Directorate has frozen assets worth ₹130.57 crore during searches carried out in Kolkata on Thursday as part of its investigation into the allegedly illegal online betting activities of the Mahadev Online Book platform. ED freezes assets worth ₹ 130.57 crore in Mahadev Online Book case The agency has so far conducted searches at more than 110 locations …

ED seizes assets worth ₹3.9 crore in money laundering probe
4 weeks, 1 day ago

ED seizes assets worth ₹3.9 crore in money laundering probe

Hindustan Times  

Mumbai: The Enforcement Directorate has seized movable assets worth approximately ₹3.9 crore during searches in Mumbai, Delhi and Gurgaon as part of its money laundering investigation into Dentsu Communications India Private Limited and Suumaya Industries Ltd and their promoters. The agency's investigation stems from a Worli police case against the accused for allegedly embezzling ₹137 crore from certain non-banking financial …

ED files prosecution complaint against Sahiti Infratec Ventures for Rs 842 crore fraud
4 weeks, 1 day ago

ED files prosecution complaint against Sahiti Infratec Ventures for Rs 842 crore fraud

New Indian Express  

HYDERABAD: Directorate of Enforcement, Hyderabad Zonal office has filed a Prosecution Complaint before the MSJ Court, Hyderabad against M/s Sahiti Infratec Ventures India Pvt. The agency initiated the investigation on the basis of an FIR registered by Telangana Police under IPC, 1860 against SIVIPL, B Lakshminarayan and others for advertising a “Pre-Launch Offer” for the construction of a world-class residential …

Lokayukta raids 50 places of 10 officials, recovers ₹48.55 crore
Trending News
1 month ago

Lokayukta raids 50 places of 10 officials, recovers ₹48.55 crore

Hindustan Times  

The Lokayukta police carried out extensive raids across the state, targeting 10 government officials suspected of amassing disproportionate assets, on Tuesday. The simultaneous raids, conducted at over 50 locations in Bengaluru, Koppal, Chitradurga, Channapatna, and other areas, led to the discovery of assets worth ₹48.55 crore. The simultaneous raids, conducted at over 50 locations in Bengaluru, Koppal, Chitradurga, Channapatna, and …

Crypto currency scam: ED freezes ₹12.5cr in Thane, Navi Mum, other cities
1 month ago

Crypto currency scam: ED freezes ₹12.5cr in Thane, Navi Mum, other cities

Hindustan Times  

MUMBAI: The Enforcement Directorate froze Proceeds of Crime worth ₹12.5 crore, in the form of bank balances, fixed deposits and mutual funds, as part of its money-laundering probe into an alleged multi-crore fraud against multiple investors on the pretext of doubling their investment through the app, HPZ Token, and online gaming and betting websites. Crypto currency scam: ED freezes ₹ …

Mumbai court approves monetisation of ₹2,565.9 crore in properties in Choksi fraud case
1 month ago

Mumbai court approves monetisation of ₹2,565.9 crore in properties in Choksi fraud case

Hindustan Times  

Mumbai: A special court in Mumbai on Tuesday permitted the monetisation of properties worth ₹2,565.9 crore that were attached or seized by the Enforcement Directorate since 2018 as part of its money laundering investigation against fugitive diamantaire Mehul Choksi in the alleged Punjab National Bank fraud. Mehul Choksi The court's decision followed an application from the victim banks, Punjab National …

Exclusive: Rs 125 crore in assets returned to victims in Mehul Choksi-PNB scam case
Trending News
1 month ago

Exclusive: Rs 125 crore in assets returned to victims in Mehul Choksi-PNB scam case

India Today  

The Enforcement Directorate, Mumbai, has successfully handed over properties worth more than Rs 125 crore to the liquidator of Gitanjali Gems Ltd. Following an application supported by the ED, the Special PMLA Court in Mumbai approved the monetisation of properties worth Rs 2,565.90 crore linked to Mehul Choksi. PROPERTIES HANDED OVER As per the court’s order, ED initiated the transfer …

Mahadev app betting case: Enforcement Directorate attaches fresh assets worth ₹388 crore
1 month ago

Mahadev app betting case: Enforcement Directorate attaches fresh assets worth ₹388 crore

The Hindu  

The Enforcement Directorate on Saturday said it has attached fresh assets worth about ₹388 crore in its ongoing money-laundering investigation into the Mahadev online betting case in which various high-ranking politicians and bureaucrats from Chhattisgarh are alleged to have been involved. Chhattisgarh recommends CBI probe into the Mahadev betting app scam “These include movable assets — investment made by Mauritius-based …

Mahadev app betting case: ED attaches fresh assets worth Rs 388 crore
1 month ago

Mahadev app betting case: ED attaches fresh assets worth Rs 388 crore

Deccan Chronicle  

New Delhi: The Enforcement Directorate on Saturday said it has attached fresh assets worth about Rs 388 crore in its ongoing money laundering investigation into the Mahadev online betting case in which various high-ranking politicians and bureaucrats from Chhattisgarh are alleged to have been involved.These include movable assets -- investment made by Mauritius-based company Tano Investment Opportunities Fund related to …

Malegaon laundering case: ED searches seven places in Mumbai, Ahmedabad, seizes ₹13.5 crore
1 month ago

Malegaon laundering case: ED searches seven places in Mumbai, Ahmedabad, seizes ₹13.5 crore

The Hindu  

The Enforcement Directorate, Mumbai Zonal Office, on Friday searched seven premises in Ahmedabad and Mumbai, and seized ₹13.5 crore in cash. The search operation was conducted in connection with the Malegaon money laundering case in which the accused had allegedly misused accounts opened with the Nashik Merchant Co-operative Bank to withdraw ₹196 crore over five months. 295/2024 dated November 7, …

ED's money laundering probe leads to arrest in Malegaon bank fraud case
1 month ago

ED's money laundering probe leads to arrest in Malegaon bank fraud case

Hindustan Times  

Mumbai: The Enforcement Directorate has arrested Bhesaniya Valimohd in connection with a money laundering investigation involving suspicious transactions at a Malegaon-based bank, where multiple accounts were allegedly misused by a local trader and his associates. According to the ED investigation, Valimohd was working with another accused, Nagani Shafi, to withdraw cash from the bank. ) According to the ED investigation, …

CBI books six in home loan fraud in Chennai; says developer inflated valuation
1 month ago

CBI books six in home loan fraud in Chennai; says developer inflated valuation

New Indian Express  

CHENNAI: CBI anti-corruption bureau on Wednesday held searches in Tambaram related to a fraud case filed against six people, including an NRI, for duping SBI and diverted sanctioned home loans worth Rs 3.67 crore, which later became non-performing assets. According to FIR, CBI named P Arivalagan, director of Atchaya Royal Infrastructure, as first accused and B Jayachandran, Suryanarayanan, D Santosh, …

Cops seize Rs 47 lakh, cryptocurrency worth Rs 1.36 crore
1 month ago

Cops seize Rs 47 lakh, cryptocurrency worth Rs 1.36 crore

New Indian Express  

HYDERABAD: The Directorate of Enforcement conducted raids between November 28 and 30 across 13 locations, including Hyderabad, and seized unaccounted cash worth Rs 47 lakh and USDT cryptocurrency worth Rs 1.36 crore. The investigation was initiated on two FIRs registered by CBI, Economic Offences Wing, Delhi, concerning Rs 640 crore in cyber fraud money generated through betting, gambling, part time …

ED raids 13 locations in money laundering probe against Bihar IAS officer
Trending News
1 month ago

ED raids 13 locations in money laundering probe against Bihar IAS officer

India Today  

The Enforcement Directorate conducted searches at 13 locations across Delhi, Gurgaon, Kolkata, Jaipur, and Nagpur on 3 December as part of a money laundering investigation involving IAS officer Sanjeev Hans and others. The searches uncovered shares worth Rs 60 crore in Demat accounts belonging to family members of a close associate of Hans, who is currently in judicial custody. Shares …

ED arrests two CAs, crypto trader in Rs 640-cr cyber fraud case
1 month ago

ED arrests two CAs, crypto trader in Rs 640-cr cyber fraud case

Deccan Chronicle  

New Delhi: Two chartered accountants and a cryptocurrency trader have been arrested here in a money laundering investigation linked to a cyber fraud case of Rs 640 crore, the Enforcement Directorate said Wednesday. The money laundering probe stems from two FIRs filed by the Economic Offences Wing of the Delhi Police that were registered to probe charges of cyber fraud …

Cyber fraud case: CBI raids 10 places in Delhi, Gurugram following complaint by I4C
Trending News
1 month, 1 week ago

Cyber fraud case: CBI raids 10 places in Delhi, Gurugram following complaint by I4C

New Indian Express  

NEW DELHI: The Central Bureau of Investigation on Wednesday conducted searches at 10 locations across Delhi and its adjoining areas in connection with its probe into a case linked to cyber fraud involving embezzlement of Rs 117 crore, officials said. A senior CBI official said, “The investigation so far has revealed that fraudsters operating from overseas use digital platforms such …

CBI conducts searches in Delhi-NCR in connection with Rs 117 crore cyber fraud case
Trending News
1 month, 1 week ago

CBI conducts searches in Delhi-NCR in connection with Rs 117 crore cyber fraud case

India TV News  

Cyber Fraud Case: The Central Bureau of Investigation conducted searches at 10 locations in Delhi and surrounding areas today in connection with an ongoing investigation of transnational cyber-enabled financial frauds involving Rs 117 crore, said officials. According to the CBI, the searches were conducted in an ongoing investigation into a case registered under Sections 403, 420 of the Indian Penal …

ED files case against 6 for cheating man of Rs 6 crore in 'mythical stone' scam
1 month, 1 week ago

ED files case against 6 for cheating man of Rs 6 crore in 'mythical stone' scam

India Today  

The Directorate of Enforcement has filed a prosecution complaint in a unique money laundering case involving the fraudulent sale of a mythical substance called 'Trathgola'. The complaint, filed under the Prevention of Money Laundering Act, 2002, names six individuals - Mohammad Iqbal Bakerwal, Muddasar Ali, Abdul Jalil, and Akhtar Mir, Parvez Mir, and Iqbal Mir - along with others. The …

HPZ Token scam: ED attaches assets worth ₹106.2 crore
1 month, 1 week ago

HPZ Token scam: ED attaches assets worth ₹106.2 crore

Hindustan Times  

MUMBAI: The Enforcement Directorate has provisionally attached the proceeds of crime in the form of movable and immovable assets belonging to several suspects, including Chinese-linked shell entities, accused of conning investors of hundreds of crores on the promise that their investments would get doubled through a mobile application, HPZ Token, online gaming and betting websites. HPZ Token scam: ED attaches …

ED summons Raj Kundra for questioning in money laundering case
1 month, 1 week ago

ED summons Raj Kundra for questioning in money laundering case

Deccan Chronicle  

The Enforcement Directorate has summoned businessman Raj Kundra, the husband of actor Shilpa Shetty, for questioning in a money laundering case linked to the alleged illegal distribution of pornographic movies, official sources said on Sunday.They said Kundra has been asked to depose before the investigating officer of the case this week. Some others involved in the case have also been …

Days after raids in pornography money laundering case, Raj Kundra summoned by ED, says report
Top News
1 month, 1 week ago

Days after raids in pornography money laundering case, Raj Kundra summoned by ED, says report

Live Mint  

Raj Kundra, businessman and husband of Bollywood actress Shilpa Shetty, has been summoned by the Enforcement Directorate for questioning in the ongoing pornography case, as per media reports. This comes just two days after the ED carried out raids at multiple locations connected to Kundra as part of a money laundering investigation related to the production and distribution of pornographic …

Raj Kundra summoned by ED in money laundering probe linked to pornography case
1 month, 1 week ago

Raj Kundra summoned by ED in money laundering probe linked to pornography case

India TV News  

The Enforcement Directorate has summoned Bollywood actor Shilpa Shetty's husband and businessman Raj Kundra to investigate a pornographic allegation. This comes two days after the ED raided various premises associated with Kundra as part of a money laundering investigation into the production and distribution of pornographic content. Earlier this year, Raj Kundra came under the attention of the ED, which …

ACB Raids AEE Premises, Unearths Disproportionate Assets Worth Rs 150 crore
1 month, 1 week ago

ACB Raids AEE Premises, Unearths Disproportionate Assets Worth Rs 150 crore

Deccan Chronicle  

Hyderabad: An assistant executive engineer of the irrigation department Herur Nikesh Kumar, who was earlier caught red-handed while accepting a bribe of Rs 1 lakh, has reportedly amassed Rs 100 crore worth ill-gotten assets. Sleuths of the Anti-Corruption Bureau on Saturday conducted raids on 20 different places in Hyderabad, Sangareddy and Rangareddy districts and found illegal assets amassed by the …

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