Lucknow, July 25 (IANS) The Enforcement Directorate (ED) has carried out search operations at ten premises located in Delhi, Uttar Pradesh and Punjab in connection with an alleged bank loan diversion and money-laundering case involving M/s Santosh Overseas Ltd (SOL), officials said on Saturday. The searches were conducted by the Lucknow Zonal Office under Section 17 of the Prevention of Money Laundering Act (PMLA), 2002, at premises linked to the company’s promoters, associated companies, facili…
Latest bank loan fraud. News & Updates
Panaji, May 8 (IANS) The ED seized Rs 67.50 lakh in cash, incriminating documents, including property sale deeds, and digital devices during searches at six premises in Goa in connection with an over Rs 17 crore bank loan fraud, an official said on Friday. The Directorate of Enforcement (ED), Panaji Zonal Office, conducted search operations at the premises under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with a bank fraud case involving Crown Mineral …
Patna, April 27 (IANS) Bihar Special Task Force (STF) Deputy Inspector General of Police Sanjay Kumar Singh, accompanied by DIG Niraj Kumar, on Monday stated that a series of coordinated operations carried out between January 1 and April 22 have significantly weakened criminal and Naxalite networks across the state.Addressing a press conference at the Police Headquarters in Patna, Singh revealed that the STF conducted 10 encounters during the period, resulting in the deaths of three criminals an…