Known best for its probe into the Satyam scam in 2009-10, SFIO is again making headlines, thanks to various high-profile cases of alleged frauds being referred to it in the last few months.
The government, on January 13, had initiated an SFIO probe into various corporate aspects of the fraud under Section 235 of the Companies Act after getting a report from the registrar of companies, Andhra Pradesh. "The report was submitted to the government on Monday night," said a senior corporate affairs ministry official who declined to reveal the contents of the report.
The Enforcement Directorate (ED) has seized significant assets from Earth Infrastructures Ltd., a Delhi-based real estate company, following accusations of defrauding homebuyers. The company is currently undergoing insolvency proceedings.
The Enforcement Directorate has issued a fresh summons to Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, for questioning on June 17 in a money laundering case involving Cochin Minerals and Rutile Ltd (CMRL). The probe focuses on alleged payments of Rs 2.78 crore from CMRL to Veena's IT firm, Exalogic Solutions, without services rendered, and loans from an associated company.
Kerala Home Minister Ramesh Chennithala has alleged that the violent attack on Enforcement Directorate (ED) officials' vehicles was a conspiracy by the CPI(M) to disrupt law and order. The ED raids were linked to financial dealings between former CM Pinarayi Vijayan's daughter's firm and a sand mining company.
The Enforcement Directorate (ED) has arrested four promoters of Earth Infrastructures Ltd in connection with a money laundering probe into an alleged Rs 2,004-crore homebuyer fraud that affected more than 19,000 buyers and investors.
Kerala police have arrested four individuals in connection with the violent attack on vehicles carrying Enforcement Directorate (ED) officials who raided former Kerala CM Pinarayi Vijayan's rented house. The arrests followed a stand-off with CPI(M) party workers and leaders.
Congress leader Rahul Gandhi has approached the Supreme Court to challenge an Allahabad High Court order that directed the CBI and ED to verify allegations of disproportionate assets against him. The Supreme Court is scheduled to hear the matter on August 17. The Allahabad High Court had expressed dissatisfaction with the CBI's progress and ordered a fresh affidavit, also allowing the ED to proceed if illegality was found during its inquiry. The case stems from a plea by a BJP worker alleging disproportionate assets and dual citizenship.
A 62-year-old farmer from Dakshina Kannada district was digitally arrested and duped of Rs 1.31 crore by cybercriminals impersonating Mumbai police and ATS officers. The fraudsters coerced him into transferring money by falsely claiming he was involved in a terror attack. A case has been registered, and investigation is ongoing.
The Kerala High Court has admitted an appeal by CMRL against a single-judge verdict allowing the ED to continue its money laundering investigation into the company's dealings with Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan.
Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, appeared before the Enforcement Directorate in Kochi for questioning regarding a money laundering case involving her defunct IT firm, Exalogic Solutions Private Ltd, and mining company CMRL. The probe focuses on alleged payments made without services and loans extended despite repayment failures, leading to accusations of generating "proceeds of crime."
Madhya Pradesh Deputy Chief Minister Jagdish Devda removed his Officer on Special Duty (OSD), Deepam Raichura, following allegations of accepting a Rs 1 crore bribe related to liquor contracts in Bhopal. The allegations were made by Mohit Gogiya, an accused in a large fraud case, who claimed Raichura facilitated liquor contracts and helped secure a fake bank guarantee. Devda has ordered a probe into the matter.
An Italian woman, Paola Bertolini, travelled to Gurugram, India, to report a romance scam where a man allegedly swindled 1,000 euros from her. Dissatisfied with the response in Italy, she approached the Gurugram Cyber Police, who have registered a case and launched a search for the accused.
Police in Bengaluru have registered a case against two Booth Level Agents (BLAs) and others for allegedly submitting fraudulent Form 7 applications to delete 5,698 voters from the electoral rolls in the Jayanagar Assembly constituency. The complaint, filed by Karnataka Mahila Congress president Sowmya Reddy, claims the BLAs are affiliated with the BJP and targeted minority communities and politically unfavourable voters.
The Supreme Court has provided significant relief to Congress leader Rahul Gandhi by directing the Allahabad High Court to cease proceedings in a case alleging disproportionate assets against him. The apex court also instructed the CBI and ED not to submit any reports based on the high court's previous directives.
Cochin Minerals and Rutile Ltd (CMRL) has challenged the Kerala High Court's decision allowing the Enforcement Directorate (ED) to investigate its financial dealings with Veena T, daughter of Kerala's Chief Minister Pinarayi Vijayan. CMRL argues the ED probe lacks jurisdiction and violates natural justice principles.
CPI(M) leaders have strongly criticised the ED raids on former Kerala CM Pinarayi Vijayan and others, alleging political motivation and a conspiracy by the BJP and Congress. They claim the raids are an attempt to intimidate the party and its leaders, and have vowed to fight back against what they see as a politically fabricated case.
The Supreme Court has directed the Central Bureau of Investigation (CBI) to examine all six allegations of financial irregularities levelled by the Enforcement Directorate against Sameer Gehlaut, former chairperson of Indiabulls Housing Finance (IHFL), and five corporate groups, following repeated criticism of investigating agencies for lack of progress.
A delegation from Shiromani Akali Dal (Punar Surjit) met Punjab Chief Minister Bhagwant Mann, demanding a Special Investigation Team (SIT) to probe rape allegations against former SGPC member Amarjit Singh Chawla. Chawla resigned after being booked for rape, wrongful confinement, and criminal intimidation. The delegation highlighted serious questions surrounding the case, including the woman's travel, arrest, and stay in various facilities, and expressed concern over the impact on revered Sikh institutions.
The investigation pertains to alleged irregularities in CMRL's financial transactions and its links with Veena's now-defunct company Exalogic Solutions Private Limited.
FIRs have been registered against BJP leader Ravi Patil and others in Karnataka for allegedly attempting to delete the names of minority community voters from electoral rolls using fraudulent Form-7 applications. Similar cases of alleged voter deletion have also emerged in Bidar and Mysuru, leading to political protests by the Chief Minister.
Student organisations across India celebrated the resignation of Union Education Minister Dharmendra Pradhan, attributing it to their nationwide protests against alleged NEET irregularities. While welcoming the move as a victory, groups like NSUI, AISA, and SFI affirmed their commitment to continue agitations until broader demands for accountability, transparency, and education reforms, including scrapping the NTA and NEP, are met.
Two Indian nationals have been charged in a US federal court for their alleged involvement in a transnational scheme to distribute counterfeit Ozempic, a popular diabetes drug. The scheme involved obtaining fake drugs from China, deceptive packaging, and continued even after FDA warnings, with the accused facing significant jail time if convicted.
BJP leader V Muraleedharan dismisses claims that Prime Minister Narendra Modi would strike a deal with the Congress to target the CPI(M), stating Modi has 'better things to do'. He also questioned Kerala CM Pinarayi Vijayan's concern over ED raids if he has done nothing wrong.
A frozen phone screen, a fake customer-care call, a screen-sharing request or even a duplicate SIM can give cybercriminals a route into your bank account.
The Mumbai Police have formed a Special Investigation Team (SIT) to investigate cases of alleged fake birth certificates obtained through forged documents in the city.
Ludhiana Police have busted a large cyber fraud racket, arresting 132 people involved in running fake call centres that targeted foreign nationals through various online scams.
A Mumbai court has refused bail to 71-year-old Prakash Dubey, who is accused of illegally acquiring 12,550 square metres of land using counterfeit government stamps and a forged power of attorney. The court cited the seriousness of the allegations and the ongoing investigation, stating that Dubey's age and medical conditions did not outweigh the gravity of the crime.
Kerala Home Minister Ramesh Chennithala has condemned the violent attack on Enforcement Directorate (ED) officials' vehicles, alleging a CPI(M) conspiracy to disrupt law and order. He asserted that those involved will face stringent legal action, regardless of their status.
The Enforcement Directorate conducted searches at the residences of former Kerala chief minister Pinarayi Vijayan and his family members as part of a money laundering probe linked to the CMRL case involving his daughter, Veena Vijayan.
Serious Fraud Investigation Office will probe the airline for instances of fund diversions and large-scale irregularities.
Authorities in Etah, Uttar Pradesh, have launched an investigation into the alleged illegal sale of a property belonging to a man who died over a year ago. The sale deed was reportedly executed months after his death, raising serious questions about document manipulation and potential fraud.
CPI(M) workers clashed with security personnel outside former Chief Minister Pinarayi Vijayan's residence in Kerala during Enforcement Directorate (ED) searches related to the alleged CMRL monthly payment case involving his daughter.
Dungarpur Police have arrested three individuals involved in an organized gang allegedly siphoning money from life insurance policies using forged documents, with the fraud involving approximately Rs 58 lakh.
A US federal judge has permanently dismissed the criminal securities-fraud case against Adani Group chairman Gautam Adani and his nephew Sagar, closing nearly two years of prosecution without a trial. Gautam Adani stated, "Truth has prevailed," in response to the ruling.
The Enforcement Directorate conducted searches at the residences of former Kerala chief minister Pinarayi Vijayan and his family members as part of its money laundering probe linked to the CMRL case involving his daughter.
A Delhi court has dismissed the bail plea of an alleged kingpin in an over Rs 8.94 crore bank fraud case, citing the gravity of the offence and its systematic execution through layered transactions.
The UK High Court has rejected Nirav Modi's attempt to reopen his extradition case, citing the Indian government's comprehensive assurances against torture as sufficient to allow his transfer to India.
