New Delhi, Dec 31 (IANS) In a major crackdown on offshore assets stashed through complex corporate structures, the Enforcement Directorate (ED), Sub-Zonal Office, has issued a Provisional Attachment Order on December 30, 2025, freezing a high-value immovable property located in the prime Buckingham Palace area of London, United Kingdom. The luxury property is valued at approximately Rs. 150 crore, the investigation agency said in a statement. The attached asset is held under the beneficial owner…
Latest Bank Fraud News & Updates
Indore/Mumbai, Dec 25 (IANS) The Directorate of Enforcement (ED), Indore Zonal Office, has conducted extensive search operations under the Prevention of Money Laundering Act (PMLA), 2002, at multiple locations in Indore and Mumbai, the investigation agency said on Thursday. The raids on December 23 targeted premises linked to the Ruchi Group in connection with ongoing investigations into alleged bank fraud cases.The probe stems from multiple FIRs registered by the Central Bureau of Investigation…
New Delhi, Dec 24 (IANS) The Central Bureau of Investigation (CBI) on Wednesday said that it has arrested two bank officials involved in opening of mule accounts in conspiracy with organized cyber criminals and these accounts were later used in fund transfer in cyber frauds.The names of the arrested are- Shalini Sinha, Assistant Manager, Canara Bank and Abhishek Kumar, Business Development Associate, Axis Bank.During the course of investigation of a CBI case registered in connection with the mul…