A 64-year-old man from Thane, Maharashtra, was allegedly defrauded of nearly 28,000 in a digital arrest scam involving fraudulent WhatsApp calls and threats.
The Enforcement Directorate has filed a chargesheet against former Reliance Communications president Punit Garg and another individual in connection with a money laundering probe linked to an alleged Rs 40,000 crore bank loan fraud.
Punjab Cabinet Minister Aman Arora has accused the Enforcement Directorate (ED) of defaming him by linking his name to a raid operation conducted on realty groups in Punjab and Chandigarh. Arora denies any wrongdoing and claims the ED's actions are politically motivated.
The Enforcement Directorate (ED) conducted searches in Punjab and Chandigarh, targeting realty groups and individuals linked to an official in the Chief Minister's Office, as part of a money laundering investigation into fraudulent land use changes and investor fraud.
The Enforcement Directorate on Thursday said it has frozen assets worth Rs 143 crore of prominent Kerala-based NBFC Manappuram Finance Ltd's MD and CEO V P Nandakumar after it conducted raids as part of a money laundering investigation. A total of six premises in Thrissur, where the company is headquartered, were covered during the searches that were launched on Wednesday. The case pertains to allegations of money laundering through "illegal" collection of deposits from the public, the agency said in a statement.
The Enforcement Directorate has summoned several farmers in Jaipur as part of an investigation into alleged money laundering and fraudulent land aggregation involving real estate developers.
Wankhede, a 2008-batch Indian Revenue Service (IRS) officer of the Customs and Indirect Taxes cadre, has moved the Bombay High Court seeking protection from any coercive action by the anti-money laundering agency.
The ED's move comes after registration of a new case and raids conducted by it on February 15 in Mumbai in connection with the operations of the underworld, linked alleged illegal property deals and hawala transactions.
In a bid to check money laundering, the government on Thursday allowed Financial Intelligence Unit
The International Monetary Fund will launch a donor-supported fund to combat money laundering and terror fund, a growing menace in the financial world.
Inter-governmental body FATF has come out with elaborate suggestions on ways to prevent misuse of corporate vehicles and on having a risk-based approach for the banking sector to help curb money laundering and terror funding activities.
The complaint against CM's son Vaibhav Gehlot and a man described as the younger Gehlot's business associate seeks action under the Prevention of Money Laundering Act.
The Enforcement Directorate conducted fresh searches against former West Bengal education minister Partha Chatterjee and others as part of a money laundering investigation into an alleged teachers recruitment scam.
Gokhale was taken into custody under criminal sections of the Prevention of Money Laundering Act in Ahmedabad where he is lodged in judicial custody in a Gujarat police case.
The Enforcement Directorate has requested police protection for homebuyers and witnesses in a money laundering case involving Ocean Seven Buildtech Pvt Ltd, following reports of threats and intimidation.
A Swiss government agency has disclosed having come across suspicious money laundering activities related to cases of "organised crime" in India.
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.
The Lahore special court (central-I) declared Suleman and Tahir Naqvi proclaimed offenders after they failed to appear despite being summoned, the Dawn newspaper reported.
Touted as underworld's biggest money launderer Tanveer Jaffery, 65, funnelled crime lords' dirtycash through banks and his 'Remittance to Pakistan' money transfer firm, which let people send funds home to Pakistan through website R2PK.com, the Daily Mirror reported.
The money-laundering case was filed by the ED after taking cognisance of a CBI FIR against the accused, whom the latter agency had booked for alleged violations of the Foreign Contribution (Regulation) Act (FCRA), 2010 and under section 120B (criminal conspiracy) of the Indian Penal Code.
An 81-year-old businessman in Belagavi, Karnataka, was allegedly defrauded of over 1.5 million in a 'digital arrest scam' after fraudsters posing as CBI officials accused him of financial crimes.
The State Bank of India has registered a significant victory as a court of appeal in the Belgian port city of Antwerp has dismissed a money laundering case against it.
The SC said it will not interfere with the Bombay HC order but Malik can avail the remedy available under the law.
CPI(M) leaders, including Brinda Karat and M A Baby, were detained during a protest outside the ED headquarters in Delhi against searches at the residence of former Kerala chief minister Pinarayi Vijayan.
The suspension is pending the bank's investigation into money laundering charges, sources in ICICI told PTI. The probe is expected to be completed in two weeks.
The ED is also probing alleged violations of foreign exchange rules by the company since 2006.
Union Minister Pankaj Chaudhary stated that Prime Minister Narendra Modi strengthened the Enforcement Directorate (ED) to combat financial crimes like money laundering and corruption, dismissing allegations of it being used to target political opponents.
Sourabh Chandrakar, the absconding founder of the Mahadev betting app, has been detained in Oman based on an Interpol Red Notice. Indian agencies are now working to extradite or deport him. The ED's investigation into the syndicate has revealed alleged proceeds of crime worth Rs 6,000 crore and links to high-ranking politicians and bureaucrats.
The Delhi high court on Monday refused to quash an Enforcement Directorate money laundering case against media baron Raghav Bahl, saying the plea was "premature".
The five-day meeting, whose pre-plenary sessions began today, will provide a platform for high-level discussion and co-operation and would evaluate the progress by APG members in implementing the international standards to combat money laundering and the financing of terrorism, a statement said.
The Enforcement Directorate conducted raids across Arunachal Pradesh, uncovering a large-scale interstate liquor smuggling and money laundering network.
Jet Airways founder Naresh Goyal and few others have been booked by the Enforcement Directorate in a money laundering case even as the agency is conducting searches at his premises, officials said on Thursday. They said a criminal case against the former chairman of the airlines has been filed under the Prevention of Money Laundering Act after taking cognisance of a recent Mumbai Police FIR filed against him.
The ED summons have come close on the heels of filing of a chargesheet by the CBI against Singh, his wife and others for allegedly amassing assets worth around Rs 10 crore disproportionate to their known sources of income.
A case was registered against former Jharkhand chief minister Madhu Koda and three of his cabinet colleagues by the Enforcement Directorate on Friday for alleged money laundering, diversion of state funds and making huge investments abroad without legal sanction. The ED filed a Enforcement Case Information Report (equivalent to a FIR) before the Prevention of Money Laundering Act court in Ranchi against Koda, Kamlesh Singh, Bhanu Pratap Shahi and Bhandu Tirkey.
Hampton Sky Realty Limited, formerly directed by Punjab minister Sanjeev Arora, has issued a statement asserting its innocence and cooperation with authorities following the arrest of Arora in connection with a money laundering probe.
West Bengal Chief Minister Suvendu Adhikari has ordered a special investigation into alleged fake beneficiaries of the Lakshmir Bhandar scheme, a women's cash transfer programme from the previous government, also initiating a money laundering probe.
The syndicate used "stooge" bank accounts and shell companies to transfer the largest amount linked to a single case recorded in the city, the Customs and Excise Department of Hong Kong said.
A Delhi court has remanded former senior executives of Reliance Anil Ambani Group (RAAG) to five days of ED custody in connection with an alleged bank loan fraud-linked money laundering case.
Kerala Police have arrested eight people in connection with the violent attack on Enforcement Directorate officials who raided the residence of former Chief Minister Pinarayi Vijayan. The investigation is ongoing, and more individuals involved in the violence have been identified.
After the Amendment Bill is passed by Parliament and comes into effect, businesses like casinos would also come under a legal obligation to report their activities in the country. For fighting the menace of terrorism, the Bill introduces new category of offences which have cross-border implications. The draft legislation also empowers the Enforcement Directorate 'to search premises immediately after the offence is committed.'
