The Enforcement Directorate’s Indore Sub-Zonal Office has submitted a charge sheet in a money laundering case involving Kishore Wadhwani, Nitesh Wadhwani, Poonam Wadhwani, and M/s Dabang Duniya Publications Private Limited. This action took place before the Indore Special Court, following an FIR registered at the Tukoganj Police Station in Indore, Madhya Pradesh. The charge sheet, filed on October 30, 2025, under the Prevention of Money Laundering Act, 2002, was acknowledged by the court on January 12, 2026.
The investigation revealed a scheme where illegally acquired money was allegedly converted into lawful income through fraudulent means. It was claimed that Kishore Wadhwani, Nitesh Wadhwani, and others conspired to defraud the government on a large scale. Notably, a connection between M/s Dabang Duniya Publications Private Limited and M/s Elora Tobacco Company Limited was uncovered, with the latter involved in illegal cigarette distribution as per the Central Goods and Services Tax Department.
Cash proceeds from the illicit cigarette sales were allegedly funneled into Dabang Duniya Publications through inflated sales figures and fictitious advertisements. The accused purportedly used fake tax invoices and complex transactions to launder disproportionate funds, amounting to over Rs 11.66 crore. To prevent further dissipation of tainted funds, the ED’s Indore Office issued a provisional attachment order of Rs 11.33 crore targeting assets linked to the accused.
