Punjab BJP chief Sunil Jakhar has accused AAP workers of 'hooliganism' at BJP offices across Punjab, while Haryana CM Nayab Singh Saini criticised the AAP government in Punjab for alleged corruption following recent ED raids.
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.
Whistle-blowing website Cobrapost.com on Saturday slammed the clean chit given by the Reserve Bank of India to the money-laundering practices exposed by it in ICICI Bank, HDFC Bank and Axis Bank. The website had revealed how the top private banks in India helped encouraged money laundering by helping traders convert black money to white.
The Enforcement Directorate (ED) conducted searches at multiple locations in Punjab and Chandigarh, including premises linked to an official in the CMO, as part of a money laundering probe against realty groups accused of fraudulent land use changes and investor fraud.
Delhi Police busted an illegal forex trading call centre in Indore, arresting six individuals involved in defrauding victims nationwide through fake online investment schemes. The syndicate allegedly used a fake trading platform to lure people into investing in forex and online trading products, showing fabricated profits and gains.
The Enforcement Directorate (ED) reported a decrease in arrests related to money laundering cases but a significant increase in asset seizures during the last financial year. The agency also saw a rise in searches and chargesheets filed.
A Delhi court has sought a response from the Enforcement Directorate on Jacqueline Fernandez's plea to become an approver in a Rs 200 crore money laundering case involving Sukesh Chandrashekar.
With the Financial Intelligence Unit deciding to probe three major banks for alleged money laundering, it is interesting to note that the same agency also conducted a probe in the HSBC money laundering case.
The Ministry of Finance's Directorate of Enforcement should also be made a part of the state-level coordination panels,
The Enforcement Directorate conducted searches at multiple locations in a money laundering case linked to an alleged Rs 145 crore fraud involving fixed deposits of the Panchkula Municipal Corporation.
The stringent Prevention of Money Laundering Act, which was recently amended to remove certain shortcomings, will come into force from July 1.
Former Reliance Communications Group managing director Amitabh Jhunjhunwala has been lodged in Mumbai's Arthur Road Jail after being arrested by the CBI in connection with a multi-crore bank loan fraud case.
The Enforcement Directorate (ED) conducted searches at multiple locations in Punjab and Chandigarh, including premises linked to an alleged associate of a Punjab Aam Aadmi Party functionary, as part of a money laundering probe against two realty groups accused of fraudulent land use changes and investor fraud.
The Enforcement Directorate on Monday arrested Delhi minister Satyendar Jain in connection with a money laundering case, officials said.
ED sought his custody for seven days, claiming it had knowledge of unidentified assets which value more than Rs 500 crore and his custodial interrogation was required.
The Enforcement Directorate on Tuesday arrested Financial Technologies India Limited founder Jignesh Shah in connection with its probe into the Rs 5,600-crore National Spot Exchange Limited money laundering scam.
The inquiry that led to the detention of former Brazil player Ronaldinho Gaucho enters a new stage this week as prosecutors focus on what they believe is a money laundering scheme involving the businesswoman who invited him to Paraguay. Investigators will begin reviewing files and messages on the phones of the former Barcelona and AC Milan player and his brother and business manager Roberto Assis.
The case was registered recently to probe alleged financial irregularities in the party-promoted Young Indian that owns the National Herald newspaper.
According to an ED official, the arrest of the former Public Works Department minister was affected under the provisions of the Prevention of Money Laundering Act after he allegedly refused to cooperate during the questioning.
Sameer Bhujbal was arrested after over six hours of questioning under the provision of the Prevention of Money Laundering Act at the agency's office in Ballard Tiar here. He will be produced in court on Tuesday, official sources said.
Enforcement Directorate has issued summons to Himachal Pradesh Chief Minister Virbhadra Singh in connection with its probe against him and his associates for alleged money laundering.
The Enforcement Directorate has arrested Jai Prakash Gandhi in connection with an alleged land acquisition compensation fraud amounting to Rs 9.27 crore related to the Bharatmala highway project in Chhattisgarh. Gandhi is accused of illegally acquiring land and fragmenting it to claim inflated compensation from NHAI.
The Enforcement Directorate has arrested Jai Prakash Gandhi in connection with an alleged land acquisition compensation fraud amounting to Rs 9.27 crore related to the Bharatmala highway project in Chhattisgarh. Gandhi is accused of illegally acquiring land and fragmenting it to claim inflated compensation from NHAI.
The ED had attached Sai Resort NX, constructed over the land located at Gut no: 446, Murud in Ratnagiri's Dapoli, in January.
The Enforcement Directorate has registered a money laundering case in connection with the narcotics haul in Punjab from the house of alleged NRI drug dealer Anoop Singh Kahlon.
The Enforcement Directorate (ED) may initiate a money laundering investigation over the framing and execution of the Aam Aadmi Party government's excise policy, official sources said on Friday after the Central Bureau of Investigation raided Delhi Deputy Chief Minister Manish Sisodia and others in the matter.
Swan Telecom promoter Shahid Balwa, who along with former Telecom Minister A Raja and 17 others are facing a money laundering case arising out of the 2G scam, on Friday moved the Supreme Court seeking setting aside of a lower court order of framing charges against him.
In a fresh development in NSEL's Rs 5,600 crore scam, the Enforcement Directorate (ED) on Monday registered a preliminary inquiry into the payment crisis, suspecting large-scale money laundering in the beleaguered spot exchange, a senior official said.
Supreme Court Justice V Mohana has recused herself from hearing the anticipatory bail plea of DMK leader V Senthil Balaji in a new corruption case related to alleged irregularities in the Tamil Nadu State Marketing Corporation (TASMAC). The plea, seeking pre-arrest bail, was filed after the Madras High Court dismissed Balaji's petition. The case involves a systematic cash-kickback scheme and overcharging at TASMAC retail shops.
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.
The Enforcement Directorate (ED) has arrested a former Kotak Mahindra Bank executive, Pushpinder Singh, alleged to be the mastermind of a Rs 145-crore fraud involving Panchkula municipal corporation officials, bank employees, and private individuals.
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 agency wants to question and record his statement under the Prevention of Money Laundering Act.
At the end of December 2012, the notional value of outstanding PNs stood at Rs 1.51 lakh crore (Rs 1.51 trillion), higher than Rs 1.38 lakh crore (Rs 1.38 trillion) at the end of 2011.
The Enforcement Directorate has registered a money laundering case against former Union Minister Dayanidhi Maran and his brother Kalanidhi in connection with the 2G spectrum allocation case.
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 market intermediaries have also been told to appoint designated directors to ensure compliance with new norms, who would face penal action for any lapses.
The criminal case was registered by the Mumbai zonal office of the agency after it got reports in this regard from the Sebi.
Ayyub is the account holder and deposits totalling Rs 1,77,27,704 have been attached by the ED.
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.
