Rs 12.41 crore seized in ED raids in probe against 'lottery king' Santiago Martin
1 month ago

Rs 12.41 crore seized in ED raids in probe against 'lottery king' Santiago Martin

India Today  

The Enforcement Directorate seized Rs 12.41 crore in cash and froze Fixed Deposit Receipts worth Rs 6.42 crore on Monday during searches at premises linked to Santiago Martin, the Chennai-based businessman known as the 'lottery king'. ED seizes Rs 12.41 crore in raids linked to Santiago Martin. Martin, previously identified as the largest donor to political parties through now-scrapped electoral bonds worth Rs 1,300 crore, has been under ED scrutiny since 2019 for alleged lottery fraud and illegal sales. In 2023, the ED attached Rs 457 crore worth of assets linked to Martin, citing a Rs 900 crore loss to the Sikkim government from fraudulent lottery sales in Kerala.

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ED freezes shares worth Rs 131 crore in illegal betting app case after raids
Trending News
1 week, 3 days 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 raids 13 locations in money laundering probe against Bihar IAS officer
Trending News
2 weeks, 5 days 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 stumbles on lottery firm's investments in real estate in Mumbai, Tamil Nadu
1 month ago

ED stumbles on lottery firm's investments in real estate in Mumbai, Tamil Nadu

Hindustan Times  

Mumbai: The Enforcement Directorate's multi-state investigation into alleged money laundering by businessman Santiago Martin and his company, Future Gaming and Hotel Services Private Limited, has uncovered significant investments in properties across Mumbai, Tamil Nadu and overseas locations, according to agency sources. The Enforcement Directorate's multi-state investigation into alleged money laundering by businessman Santiago Martin and his company, Future Gaming and …

ED seizes ₹12.41 crore in cash from ‘lottery king’ Santiago Martin's premises
1 month ago

ED seizes ₹12.41 crore in cash from ‘lottery king’ Santiago Martin's premises

Hindustan Times  

The Enforcement Directorate said on Monday that it has seized cash, “sensitive” documents, digital devices and fixed deposit receipts during a search operation at nearly two dozen premises linked to “lottery king” Santiago Martin. Cash seized by ED Martin is a Chennai-based businessman who was revealed in March as the single-biggest donor to political parties through the now-scrapped electoral bonds …

ED seizes ₹8.8 crore from office of ‘lottery king’ Santiago Martin
1 month, 1 week ago

ED seizes ₹8.8 crore from office of ‘lottery king’ Santiago Martin

Hindustan Times  

The Enforcement Directorate on Friday seized ₹8.8 crore from the corporate office of “lottery king” Santiago Martin in Chennai. Also, the action came after the Madras high court recently allowed the central agency to proceed against the “lottery king,” as it set aside a lower court order that accepted closure by Tamil Nadu Police of a primary FIR against the …

ED seizes ₹3 crore from Kolkata businessman in lottery scam
1 month, 1 week ago

ED seizes ₹3 crore from Kolkata businessman in lottery scam

Hindustan Times  

Kolkata, The Enforcement Directorate on Friday seized around ₹3 crore from a businessman's house in Kolkata, as part of its ongoing probe into a high-profile lottery scam. ED seizes ₹ 3 crore from Kolkata businessman in lottery scam The central agency has been conducting search operations at multiple locations in West Bengal since Thursday in connection with the alleged scam, …

ED seizes huge cash from office of biggest electoral bond donor, 'lottery king' Santiago Martin in Chennai
1 month, 1 week ago

ED seizes huge cash from office of biggest electoral bond donor, 'lottery king' Santiago Martin in Chennai

India TV News  

The Enforcement Directorate on Friday seized cash currency of Rs 8.8 crore from the corporate office of Chennai-based 'lottery king' Santiago Martin, officials said. The ED officials further said that as part of a "comprehensive" action against his business empire, at least 20 premises linked to Martin, his son-in-law Aadhav Arjun and associates were searched in Chennai and Coimbatore in …

ED seizes Rs 8.8 crore cash from lottery king Santiago Martin's properties
1 month, 1 week ago

ED seizes Rs 8.8 crore cash from lottery king Santiago Martin's properties

India Today  

The Enforcement Directorate seized Rs 8.8 crore in cash on Friday during searches at the corporate office of Santiago Martin, the Chennai-based businessman known as the 'lottery king.' Martin, previously identified as the largest donor to political parties through now-scrapped electoral bonds worth Rs 1,300 crore, has been under ED scrutiny since 2019 for alleged lottery fraud and illegal sales. …

ED launches fresh raids on ’lottery king’ Santiago Martin following Madras HC nod; 20 locations searched in Chennai
1 month, 1 week ago

ED launches fresh raids on ’lottery king’ Santiago Martin following Madras HC nod; 20 locations searched in Chennai

Live Mint  

The Enforcement Directorate launched new searches on Thursday targeting Santiago Martin, the prominent Chennai-based businessman known as the ‘lottery king’. Madras High Court Clears Path for ED Investigation The renewed ED action follows a recent Madras High Court ruling that permitted the probe agency to continue its conduct searches and investigate Santiago Martin. Santiago Martin ‘Lottery King’ Background of Alleged …

Lottery scams and money laundering: ED conducts raids in multiple places across Sikkim, Bengal and Tamil Nadu in Santiago Martin case
1 month, 1 week ago

Lottery scams and money laundering: ED conducts raids in multiple places across Sikkim, Bengal and Tamil Nadu in Santiago Martin case

Op India  

The Enforcement Directorate on Thursday conducted pan-India searches at multiple locations in West Bengal, Sikkim, and Tamil Nadu in connection with financial fraud of lottery and the corruption case involving money laundering through lottery tickets to certain influential people. The agency is probing a lottery scam case registered in 2012 against lottery baron Santiago Martin and others, in which the …

Lottery scam: ED raids multiple places
1 month, 1 week ago

Lottery scam: ED raids multiple places

Deccan Chronicle  

The Enforcement Directorate on Thursday conducted pan-India searches at multiple locations in West Bengal, Sikkim, and Tamil Nadu in connection with financial fraud of lottery and the corruption case involving money laundering through lottery tickets to certain influential people.The raids have been underway since Thursday morning in at the premises of suspects in West Bengal's Kolkata, Sikkim, and Tamil Nadu's …

West Bengal news: ED conducts searches over alleged lottery fraud and money laundering case; details here
1 month, 1 week ago

West Bengal news: ED conducts searches over alleged lottery fraud and money laundering case; details here

Live Mint  

The Enforcement Directorate on November 14 is conducting searches at multiple locations in West Bengal in connection with an alleged financial fraud of lottery and the corruption case involving money laundering through lottery tickets to certain influential people, as reported by news agecny ANI. financial fraud of lottery and the corruption case involving money laundering through lottery tickets to certain …

ED Raids in Valmiki Development Corporation Case Unwarranted: D K Shivakumar
5 months, 1 week ago

ED Raids in Valmiki Development Corporation Case Unwarranted: D K Shivakumar

News 18  

Karnataka Deputy Chief Minister D K Shivakumar has termed the Enforcement Directorate raids in the Valmiki Development Corporation case as unwarranted. The ED on Wednesday conducted searches at multiple places allegedly linked to former Karnataka Minister B Nagendra and MLA Basanagouda Daddal in connection with the illegal money transfer case in the state-owned corporation. The raids were carried out in …

Mumbai: ED seizes Rs 37-cr worth deposits, cash in Ponzi case
6 months ago

Mumbai: ED seizes Rs 37-cr worth deposits, cash in Ponzi case

Deccan Chronicle  

New Delhi: Bank and demat account deposits apart from cash worth about Rs 37 crore has been seized by the ED as part of a money laundering probe against a Mumbai-based financial consultant and his company who are alleged to have duped investors of Rs 600 crore through a Ponzi scheme.The federal agency said on Sunday that the action was …

Drugs case: ED seizes ₹4.5 crore, digital devices, incriminating documents
1 year, 1 month ago

Drugs case: ED seizes ₹4.5 crore, digital devices, incriminating documents

Hindustan Times  

The Enforcement Directorate has confiscated unaccounted cash worth ₹4.5 crore during the raids at 25 locations in Punjab on Tuesday. The ED official said the raids were conducted under the Prevention of Money Laundering Act at 25 residential and commercial premises belonging to Akshay Kumar Chhabra and other associates in Ludhiana, Mohali, Chandigarh, Amritsar, Jalandhar and Ganganagar in Rajasthan in …

Mahadev betting case: ED seizes assets worth ₹417 crore
1 year, 3 months ago

Mahadev betting case: ED seizes assets worth ₹417 crore

The Hindu  

The Enforcement Directorate has frozen or seized assets worth ₹417 crore following searches at 39 locations in different parts of the country in connection with the investigation against Mahadev Online Book betting app. The agency said the app was an umbrella syndicate that arranged online platforms for enabling illegal betting websites to enrol new users, create IDs and launder money …

Mumbai: ED raids locations, seizes Rs 417 crore from illegal online betting app
1 year, 3 months ago

Mumbai: ED raids locations, seizes Rs 417 crore from illegal online betting app

India TV News  

In a major crackdown, the Enforcement Directorate has unearthed a case of embezzlement of crores through illegal betting website and seized Rs 417 crore from the accused. During investigation, the probe agency conducted searches against the money laundering network linked to Mahadev App in cities like Kolkata, Bhopal, Mumbai and seized a large amount of money along with incriminating documents. …

ED seizes Rs 25.8 crore following raids in Maharashtra in money laundering case
1 year, 4 months ago

ED seizes Rs 25.8 crore following raids in Maharashtra in money laundering case

India TV News  

The Enforcement Directorate seized cash and jewellry worth Rs 25.81 crores following raids carried out across 13 locations in Maharashtra in connection to a money laundering case, informed officials on Saturday. During the search operation conducted on Thursday, ED seized a large number of incriminating documents along with 39.33 kg of gold and diamond jewellry worth Rs 24.7 crore and …

ED freezes ₹41.9 crore in fixed deposit held by Ponmudy, son
1 year, 5 months ago

ED freezes ₹41.9 crore in fixed deposit held by Ponmudy, son

The Hindu  

The Enforcement Directorate on Tuesday said it had seized ₹81.7 lakh in unaccounted-for cash and froze ₹41.9 crore in fixed deposit held by Higher Education Minister K. Ponmudy and his son and DMK MP Gautham Sigamani. During the search operation, ₹81.7 lakh in unaccounted-for cash was seized, along with unexplained foreign currency, primarily in the British pound, roughly equivalent to …

\'Rumours\': Tejashwi on ED claims of Rs 600 cr \'proceeds of crime\' detected in raids
1 year, 9 months ago

\'Rumours\': Tejashwi on ED claims of Rs 600 cr \'proceeds of crime\' detected in raids

Deccan Chronicle  

Patna: Bihar Deputy Chief Minister Tejashwi Yadav has dubbed as "rumours" the claim of the Enforcement Directorate that proceeds of crime amounting to Rs 600 crore were detected during searches on premises owned by him and close family members. "Just recall, in 2007, transactions worth Rs 8,000 crore, including a mall and hundreds of land plots, were alleged," tweeted Yadav, …

ED raids in over 8 spots linked to Nagpur bizmen in Rs-1,000 crore investment fraud case
1 year, 9 months ago

ED raids in over 8 spots linked to Nagpur bizmen in Rs-1,000 crore investment fraud case

India Today  

The Enforcement Directorate conducted a day-long raid on over eight locations linked to several businessmen and entry operators in Maharashtra’s Nagpur in connection with an alleged Rs-1,000 crore investment fraud case on Friday. According to sources, the case is related to an investment fraud-cum-money laundering racket run by Pankaj Mehadia and his accomplices where they duped investors of hundreds of …

ED raid in Kolkata: Main accused in gaming app fraud case untraceable – India TV
2 years, 3 months ago

ED raid in Kolkata: Main accused in gaming app fraud case untraceable – India TV

India TV News  

ED raid in Kolkata: The Kolkata businessman, who was named accused during the Rs 17-crore cash recovery by Enforcement Directorate on Saturday, has been untraceable. The ED said in a statement that its searches were conducted at half-a-dozen locations linked to the gaming app named 'E-Nuggets' and its promoter Aamir Khan and others. In August, the ED had seized cash …

Kolkata: ED recovers Rs 18 crore from Aamir Khan involved in E-Nuggets gaming app fraud
2 years, 3 months ago

Kolkata: ED recovers Rs 18 crore from Aamir Khan involved in E-Nuggets gaming app fraud

Op India  

Six sites in Kolkata were searched by the Enforcement Directorate, which is looking into a purported case of fraud using a mobile gaming application. On Saturday, 10th September 2022, an ED team raided the offices of businessman Aamir Khan in Kolkata’s Garden Reach area with the help of bank authorities. Over 50 crores cash recovered and being counted by ED …

ED arrests managing director of Hyderabad-based firm in Rs 402 crore money laundering case
2 years, 11 months ago

ED arrests managing director of Hyderabad-based firm in Rs 402 crore money laundering case

India Today  

The Enforcement Directorate has arrested Avasarala Venkateswara Rao, the promoter and managing director of Hyderabad-based Servomax India Private Limited, under the Prevention of Money Laundering Act in a bank fraud case of Rs 402 crore. According to the ED, SIPL had taken loans from a consortium of banks when Avasarala Venkateswara Rao was the promoter and key managerial person in …

ED attaches assets worth Rs 36 crore of Kerala man in cryptocurrency scam
2 years, 11 months ago

ED attaches assets worth Rs 36 crore of Kerala man in cryptocurrency scam

India Today  

The Enforcement Directorate has attached assets worth Rs 36.72 crore of a Kerala man in connection with a case involving cryptocurrency dealings under the Prevention of Money Laundering Act, officials said on Monday. The attached assets belong to 31-year-old Nishad K who allegedly cheated hundreds of people along with his associates to the tune of Rs 1,200 crore. The attached …

ED transfers Rs 9,000 crore of Rs 18,000 crore assets seized from Nirav Modi, Mallya and Choksi to banks
3 years, 6 months ago

ED transfers Rs 9,000 crore of Rs 18,000 crore assets seized from Nirav Modi, Mallya and Choksi to banks

India Today  

The Enforcement Directorate has seized assets worth Rs 18,170 crore, which is 80% of the total losses incurred by the banks, in cases related to fugitive businessmen Vijay Mallya, Nirav Modi and Mehul Choksi. The ED said on Wednesday that not only has the assets been seized, but a significant share, Rs 9,371.17 crore, has been transferred to the public …

Bank Fraud Case: ED Raids Ahmedabad-based True Value Group, Seizes Rs 6 Crore
4 years, 1 month 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 …

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