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…
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Mumbai, July 25 (IANS) The Enforcement Directorate secured from the Special Court (PMLA), Mumbai, an order to confiscate a flat in Thane (West) belonging to a co-accused in a financial fraud and partner in an infrastructure company, an official said on Saturday. The Special Court ordered the confiscation of the Proceeds of Crime under Section 8(7) of the PMLA in the matter of Yescube Infrastructure.The confiscation order was given in connection with a money laundering case involving Sandeep Shuk…
Chennai, July 22 (IANS) The investigation into the alleged attempt to poach TVK Uthangarai MLA Ilayaraja has gathered fresh momentum, with Enforcement Directorate (ED) officials reaching Karur amid indications that the money laundering angle of the case is now under scrutiny. The alleged horse-trading case, which has emerged as one of the most politically sensitive investigations in Tamil Nadu in recent months, is being investigated by the Triplicane Police in Chennai. So far, 14 people have bee…
Chennai, July 21 (IANS) The Enforcement Directorate (ED) on Tuesday carried out search operations at two locations in Chennai as part of an ongoing investigation, continuing its recent crackdown in Tamil Nadu through a series of money laundering probes involving government officials, businessmen and political figures. The searches were conducted at the residence of a retired Deputy Commissioner of the Regional Transport Office (RTO) in Teynampet and at the house of a businessman in Padmanabha Co…
Panaji, July 20 (IANS) The ED conducted searches at multiple premises across several states in connection with a Rs 2.60 crore “digital arrest” cyber-fraud and seized Rs 1.5 crore, foreign currency valued at Rs 2 crore, jewellery valued at Rs 1.5 crore and costly cars, said an official. During the searches conducted by the Enforcement Directorate (ED), Panaji Zonal Office, Goa, investigators also seized incriminating evidence in the form of digital devices, namely mobile phones and laptops, alon…
New Delhi, July 18 (IANS) The ongoing crackdown on illegal immigration in West Bengal and Assam has led the touts to revise their strategy.Touts are already identifying illegal immigrants present in these two states and are trying to quickly shift them to other parts of the country, security officials have learnt.An official said that identifying and deporting illegal immigrants is a massive exercise. Years of neglect have allowed the problem to grow, resulting in a large number of illegal immig…
Washington, July 18 (IANS) The FBI arrested alleged Punjab gang member Nitish Kaushal less than a mile from the Canadian border after he allegedly spent days evading federal agents, abandoned a mobile phone being tracked by investigators and attempted to conceal his identity with a false New Jersey driver’s licence, according to newly filed US court documents.Kaushal, an Indian national also known by the alias “Lala”, was arrested on July 16 in Alburgh, Vermont, after becoming one of the FBI’s M…
Shimla, July 17 (IANS) The ED arrested three accused in connection with a cryptocurrency scam in which they defrauded over 2.4 lakh investors, including those in Himachal Pradesh, of nearly Rs 500 crore by promising high returns, an official said on Friday. The Directorate of Enforcement (ED), Shimla Sub-Zonal Office, arrested Milan Garg, Sukhdev Thakur, and Abhishek Sharma under Section 19(1) of the Prevention of Money Laundering Act (PMLA), 2002, said the ED official.The ED initiated an invest…
Indore, July 17 (IANS) The Directorate of Enforcement (ED), Indore Sub-Zonal Office, has dealt a major blow to a multi-state drug trafficking network by conducting simultaneous search operations at multiple locations in Indore and Mandsaur, Madhya Pradesh. The action was taken under the Union Government’s ‘Nasha Mukt Bharat Abhiyan’ initiative and relates to the alleged trafficking of 70 kilograms of MDMA (Mephedrone) drugs, valued at approximately Rs 70 crore.The ED initiated the investigation …
Panaji, July 17 (IANS) In fresh action against land‑grabbing syndicates in Goa, the Directorate of Enforcement (ED) arrested the mastermind of one such gang, a history‑sheeter and resident of Karnataka, officials said on Friday. The ED, Panaji Zonal Office, arrested Siddique Khan alias Suleman Khan, 55, resident of Karwar, Karnataka, on July 16 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.The accused was produced before the Special Court (PMLA), North Goa, whic…