Dehradun, May 13 (IANS) The Central Bureau of Investigation (CBI) has arrested five accused, including an alleged kingpin, in connection with the multi-crore LUCC chit fund scam in Uttarakhand that allegedly duped more than one lakh investors.The arrested accused have been identified as Sushil Gokhroo, Rajendra Singh Bisht, Tarun Kumar Mourya, Gaurav Rohilla and Mamta Bhandari. They were apprehended from different locations across the country, the agency said on Wednesday.The case pertains to th…
Latest BUDS Act News & Updates
Kochi Feb 19 (IANS) In a major step towards compensating victims of the Rs 2,000-crore Popular Finance scam, the Special Court for PMLA Cases at Ernakulam has ordered restitution of attached assets worth Rs 65.07 crore to the Competent Authority under the Banning of Unregulated Deposit Schemes Act, 2019 (BUDS Act). The order dated February 10, 2026, directs that movable properties valued at Rs 33.20 crore and immovable assets worth Rs 31.87 crore, earlier attached by the Enforcement Directora…
Bhopal, Feb 6 (IANS) The Directorate of Enforcement (ED), Bhopal Zonal Office, has filed a chargesheet against Ajay Tidke and others in connection with the Double Money scam in Balaghat district, Madhya Pradesh. The complaint was submitted before the Honble Special PMLA Court, Jabalpur, on January 30. Notices for pre-cognisance hearing have since been issued to the accused persons, an ED press release said on Thursday. The ED launched its investigation based on three FIRs registered at Lanji and…
Tumakuru (Karnataka), Jan 31 (IANS) A Police Sub-Inspector, Chetan Kumar, attached to the Tumakuru Rural Police Station, was caught red-handed by Lokayukta officials while allegedly accepting a bribe to release a vehicle seized in a case, the Lokayukta said on Saturday.The vehicle belonged to a Bengaluru-based advocate, and the PSI had allegedly demanded a bribe of Rs 5 lakh for its release. On Friday night, at around 11.30 pm, Chetan Kumar was trapped by Lokayukta officials while he was accepti…