Highlights ED carried out searches & frozen account balances of Rs 9.82 cr of 9 Chinese-controlled entities It's with respect to an investigation relating to the misuse of App-based token named "HPZ" ED initiated money laundering probe on basis of First Information Report dated Oct 8, 2021 Money laundering case: The Enforcement Directorate has carried out searches and frozen account …
The Enforcement Directorate has frozen Rs 46.67 crore kept in various bank accounts and virtual accounts of payment gateways PayTM, Easebuzz, Razorpay and Cashfree after conducting searches in connection with Chinese loan app case, officials said. “Rs 33.36 crore was found with Easebuzz Private Limited, Rs 8.21 crore with Razorpay Software Private Limited, Rs 1.28 crore with Cashfree Payments India …
HYDERABAD: The Enforcement Directorate has carried out searches against Chinese-controlled lending apps in 16 locations, including Hyderabad, under the Prevention of Money Laundering Act, and seized funds worth Rs 46 crore parked in several payment gateways and banks. ED investigators raided payment gateways in Hyderabad, Bengaluru, Chennai, New Delhi, Pune, Gurugram, and other locations as part of an investigation into …
