Regulators find it difficult to track down illicit transactions with no limit on the number of subsidiaries.
Punjab Police has dismantled the financial infrastructure of drug-trafficking networks, freezing assets worth Rs 300 crore linked to alleged drug smugglers.
P P Chaudhary the newly-appointed minister of state for corporate affairs, is monitoring and coordinating actions against shell companies.
A 44-year-old Iranian woman with a US Green Card was arrested at Los Angeles International Airport on suspicion of trafficking weapons on behalf of the Iranian government and is expected to appear in court on Monday.
The searchable database built on just a portion of the documents leaked from the Panama law firm Mossack Fonseca reveals more than 360,000 names behind the shell companies.
A Delhi court has granted Amit Katyal, a businessman linked to Lalu Prasad's family, permission to travel for religious purposes and modified his bail conditions in a money laundering case.
The start of the West Asia conflict has led to a sharp increase in crude-linked raw material prices, pushing up the price of helmets across the country.
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.
Uttar Pradesh DGP Rajeev Krishna announced a conviction rate of over 93 per cent due to the state's 'zero tolerance' policy against crime. Authorities seized properties worth nearly Rs 788.38 crore linked to criminal activities.
The Enforcement Directorate (ED) conducted raids on the premises of Kolkata Police Deputy Commissioner Shantanu Sinha Biswas and another individual as part of a money laundering investigation against an alleged criminal syndicate in West Bengal.
The CBI has conducted searches across multiple states in connection with a large-scale online financial fraud involving the overseas fintech platform 'Pyypl'.
The Enforcement Directorate has requested more time to respond to Jacqueline Fernandez's request to become an approver in a Rs 200 crore money laundering case involving Sukesh Chandrashekar.
The CBI has filed a chargesheet against 17 people, including four Chinese nationals, and 58 companies for their alleged roles in a transnational cyber fraud network that siphoned off over Rs 1,000 crore.
India generates 9.3 million tonnes of plastic waste annually, nearly 20 per cent of the world's total.
Petrol and diesel prices in India have been increased for the second time in a week, following a long freeze on revisions. The increase comes as global crude prices surge and state-run oil firms look to recoup losses.
Basketball fans greeted US President Donald Trump with a chorus of loud boos on Monday, as the Republican became the first sitting US president to attend the NBA Finals.
Congress spokesperson Pawan Khera has moved the Gauhati High Court seeking anticipatory bail in connection with a criminal case filed by Assam Chief Minister Himanta Biswa Sarma's wife, Riniki Bhuyan Sharma, over allegations related to multiple passports and undisclosed overseas assets.
Rajasthan's Leader of Opposition, Tika Ram Jully, has accused the state government of a 'double game' in the Adarsh Credit Cooperative Society scam, alleging a conflict of interest involving the Additional Advocate General.
The Chhattisgarh Anti-Corruption Bureau/Economic Offence Wing (ACB/EOW) has filed a supplementary chargesheet against four individuals for alleged irregularities in the procurement of medical equipment and reagent chemicals in 2023, resulting in significant financial losses to the state.
The Enforcement Directorate has attached properties worth over Rs 1,000 crore as part of its investigation into the alleged Chhattisgarh liquor scam, filing a fresh complaint against four additional accused.
Petrol price has been increased by 87 paise in Delhi from Rs 98.64 to Rs 99.51 per litre. Diesel rates have gone up by 91 paise from Rs 91.58 to Rs 92.49.
Petrol and diesel prices have been increased by Rs 3 per litre each, marking the first hike in over four years, as state-run fuel retailers pass on some of the impact from surging global crude prices, which have been exacerbated by the Iran war.
Delhi Police have dismantled a major international cyber fraud syndicate, arresting the alleged mastermind and 10 others. The syndicate is linked to over 2,000 complaints and scams worth over Rs 300 crore, with connections to international cyber fraud operations in Cambodia.
A man in Bhiwandi, Thane, has been charged with misusing the identity documents of a senior citizen and his family to operate five firms and evade Goods and Services Tax (GST) payments.
The Enforcement Directorate has launched a money laundering investigation into the alleged embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank, conducting searches across multiple locations.
Petrol and diesel prices in India have been increased by Rs 3 per litre each, marking the first rate hike in over four years. This decision follows a period of stable prices during recent state elections, despite rising global crude oil prices and significant losses for fuel retailers.
Delhi Police have dismantled an organised interstate racket involved in manufacturing and distributing counterfeit life-saving medicines, arresting six individuals and seizing fake drugs worth approximately Rs 2 crore. The investigation also revealed a network of fake GST firms used for generating bogus invoices and laundering money.
Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.
The CBI has registered a case and taken over the investigation of a Rs 10 crore 'digital arrest' scam in Delhi, where a retired engineer was allegedly cheated by cyber-criminals posing as courier company and police officials.
ServiceNow has announced an expansion of its AI Control Tower offering with new capabilities that give enterprises control over every AI system, agent, and workflow, regardless of where it runs.
Kanpur police have uncovered a GST fraud racket where suspects used unsuspecting individuals' documents to create fake firms and route transactions worth nearly Rs 250 crore.
The White House said it would push US states to create registers of the true ownership of American companies.
Assam Chief Minister Himanta Biswa Sarma has denied allegations made by the Congress party that his wife possesses multiple passports and concealed property information, vowing to take legal action against the Congress leader who made the claims.
Reliance Power clarifies that Amitabh Jhunjhunwala, arrested in a money laundering case, has not been associated with the group since 2019. The case involves alleged bank loan fraud through Reliance Group companies.
The Gauhati High Court heard arguments for Pawan Khera's anticipatory bail plea, filed after an FIR by the Assam CM's wife alleging multiple passports. Khera's counsel argued he is not a flight risk and his arrest is unnecessary, while the Assam Advocate General opposed the bail.
Assam Chief Minister Himanta Biswa Sarma has strongly criticised the Congress party for making what he claims are unverified allegations against him and his family, including accusations of undeclared assets and multiple passports held by his wife. Sarma has vowed to pursue legal action against Congress leaders, including Pawan Khera, and has accused them of spreading misinformation.
The Enforcement Directorate (ED) has attached fresh assets worth over 581 crore belonging to Reliance Group companies, RHFL and RCFL, as part of its ongoing money laundering investigation.
The CBI has registered a new case against Anil Ambani and Reliance Communications Ltd for allegedly causing a loss of Rs 3,750 crore to the Life Insurance Corporation (LIC) of India.
Interpol's latest report reveals a significant surge in global financial fraud, driven by the increasing use of artificial intelligence by scamsters, resulting in losses of over USD 442 billion in 2025.
The Enforcement Directorate (ED) is seeking an expedited trial against Congress leader P Chidambaram in the Aircel-Maxis and INX Media money laundering cases, having submitted the required prosecution sanction to the court.
