A Delhi court has ordered the confiscation of several properties belonging to UK-based arms consultant Sanjay Bhandari under the Fugitive Economic Offenders Act, following his declaration as a fugitive in a money laundering case.
RBI deputy governor, K C Chakrabarty had also said that there was no money laundering involved as alleged by the Cobrapost.
The Enforcement Directorate attached Reliance Group chairman Anil Ambani's Mumbai house, 'Abode', worth Rs 3,716 crore under the anti-money laundering law, official sources said on Wednesday.
A property near Heathrow Airport, London, worth Rs 7.5 crore has been attached by the Enforcement Directorate (ED) in connection with a bank loan fraud case involving Neo Corp International Ltd.
An 81-year-old businessman in Belagavi, Karnataka, was allegedly defrauded of over Rs 15 crore in a 'digital arrest' scam. Fraudsters posing as CBI officials accused him of financial crimes and coerced him into transferring funds to a 'safe account'.
The Enforcement Directorate (ED) has filed a money-laundering case against renowned cardiologist Dr Naresh Trehan and others in connection with allotment of land for the Medanta Hospital in Gurgaon, officials said on Wednesday.
Self-proclaimed godman Ashok Kharat, accused of portraying himself as Lord Shiva and using black magic to extort money from victims, has been arrested by the Enforcement Directorate.
The potential settlement, which has been in the works for months, is emerging as a test case for just how big a signal US prosecutors want to send to try to halt illicit flows of money moving through US banks.
A Bank of Baroda employee in Ahmedabad has been arrested for allegedly stealing Rs 8.7 crore from an RBI currency chest and laundering the money into properties and cryptocurrency.
A US Senate panel has accused global banking giant HSBC of exposing the country's financial system to various terror financing, money laundering and drug trafficking activities with transactions worth billions of dollars, due to poor risk control systems at the bank.
Widening its probe into the finances of YSR Congress chief Y S Jaganmohan Reddy, the Enforcement Directorate has issued summons to him in connection with the money laundering case against the member of Parliament.
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.
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.
A public interest litigation filed in the Bombay high court has demanded that provisions of `Prevention of Money-laundering Act, 2002' be invoked in the Adarsh Society scam case, and the source of the funds used for the purchase of flats be probed.
Standard Chartered Plc has seen 6 billion wiped from its market value following allegations it violated US anti-money laundering rules.
The Trinamool Congress (TMC) has strongly condemned the arrest of Vinesh Chandel, co-founder of I-PAC, alleging it is a politically motivated act of "electoral sabotage" ahead of the West Bengal elections.
Trinamool Congress leader Abhishek Banerjee has criticised the arrest of Vinesh Chandel, co-founder of I-PAC, alleging it's a politically motivated attempt to intimidate the opposition and undermine the fairness of the upcoming West Bengal elections.
The Enforcement Directorate has issued fresh summons to Reliance Group chairman Anil Ambani to appear for questioning on February 26 after he skipped deposition this week, official sources said on Thursday.
Gupta, 54, pleaded guilty to charges of murder-for-hire, conspiracy to commit murder-for-hire, and conspiracy to commit money laundering, in connection with his efforts to murder Khalistani separatist Gurpatwant Singh Pannun in New York.
The Delhi high court on Thursday sought the Enforcement Directorate's response on the bail plea by Delhi-based freelance journalist Rajeev Sharma, who was arrested in connection with a money-laundering probe linked to alleged leakage and supply of sensitive information to Chinese intelligence officers.
'As the Bihar government's focus is on development and infrastructure projects worth thousands of crores, Rishu Sinha created a network to pay a decent commission to government officials for securing tenders.'
The high court imposed various bail conditions on him, including that he shall not tamper with the evidence or influence witnesses, directly or indirectly.
The case pertains to the sale of NTC land in upmarket Worli area of Mumbai to a private Kolkata-based firm for a meagre Rs 29.35 crore when Vaghela was the minister for textiles
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.
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 (ED) on Thursday arrested former Fortis Healthcare promoter Shivinder Mohan Singh in a money laundering case related to the alleged misappropriation of funds at Religare Finvest. A team of ED officials went to Tihar Jail and placed Singh under arrest as per the provisions of the Prevention of Money Laundering Act.
The Enforcement Directorate (ED) has sought legal assistance from Singapore and Mauritius to take forward its probe in the alleged financial irregularities in the Indian Premier League tournament (IPL) and its former chairman Lalit Modi.
Customs sleuths will be posted in London, Hong Kong, Dubai and Brussels in an effort to check trade-based money-laundering among others.
Former IPL Commissioner Lalit Modi, who claims that there is no wrongdoing by him in the legal cases faced by him in India, has said that he was born with "a diamond spoon", has a kingsize lifestyle, travels everywhere and that "Rs 10-12 crore" may not last with him a week.
Amitabh Jhunjhunwala, former group managing director of Anil Ambani-led Reliance Communications, has been remanded in 14-day judicial custody in an alleged bank loan fraud case. The CBI alleges misutilisation of loan funds, causing significant losses to a consortium of banks led by SBI.
The UK High Court has concluded the hearing for Nirav Modi's application to reopen his extradition appeal, focusing on claims of potential torture during interrogations in India. The court has reserved its judgement.
The Enforcement Directorate has issued summons to former Indian Premier League boss Lalit Modi in connection with an alleged money-laundering case registered against him in Mumbai.
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A Kerala court has dismissed the bail plea of five individuals accused of attacking vehicles carrying Enforcement Directorate (ED) officials. The court cited the severity of the attack, potential impact on society, and ongoing investigation as reasons for denying bail.
Trinamool Congress national general secretary Abhishek Banerjee is undergoing interrogation by the Enforcement Directorate in connection with the alleged primary school recruitment scam. The ED is focusing on the money trail, financial documents, and statements from other accused, following a prior questioning session by the state CID on a separate forgery case.
The Supreme Court dismissed a plea from a lawyer facing money laundering charges in the AgustaWestland VVIP helicopter deal, challenging a PMLA provision. The court stated that the lawyer should face trial like any other citizen.
The Delhi Police's crime branch had, on March 31, lodged an FIR against seven people, including the cleric, on a complaint by station house officer of Nizamuddin police station for holding a congregation of Tablighi Jamaat followers in alleged violation of the orders against large gatherings to contain the spread of coronavirus.
The Enforcement Directorate (ED) has attached properties worth Rs 1.06 crore in connection with the 'Global Media App' fraud, an online earning platform that allegedly generated over Rs 45 crore through illicit means.
51-year-old Vikram Datta, who was found guilty in September last year on money-laundering charges, was sentenced in Manhattan federal court in New York.
Hyderabad Police have dismantled a pan-India cyber fraud network, arresting 52 individuals across nine states in 'Operation Octopus 2.0'. The operation targeted bank officials, mule account holders, and middlemen involved in facilitating cyber frauds.
