New Delhi, June 19 (IANS) The Cyber Police Station of Delhi Police’s Central District has successfully dismantled a fraud and money laundering syndicate involving cheating of Rs 2 lakh, modelled on a work-from-home-based scam and arrested four accused from Rajasthan, officials said on Friday.Investigators have revealed that the syndicate used multiple bank accounts, particularly of students and young persons on the pretext of work-from-home opportunities, to layer and launder cybercrime proceeds…
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Gurugram, June 18 (IANS) In cases related to the SRS Group, the PMLA Special Judge at Gurugram has ordered restitution of immovable properties valued at Rs 281.85 crore to 12 genuine home buyers, the Enforcement Directorate (ED) said on Thursday. The move to restore the Proceeds of Crime (PoC) to the rightful claimants follows the Special Judge’s separate orders dated May 19, June 4 and June 11, the ED said in a statement.The Special Judge also directed the distribution of a share of the PoC to …
Kochi, June 18 (IANS) The Enforcement Directorate (ED) on Thursday intensified its investigation into the alleged international organ trafficking network operating through Kerala, carrying out simultaneous searches at five locations, including private hospitals in Kochi and the residences of suspected intermediaries.The searches are part of the money laundering investigation into an alleged racket that facilitated illegal organ transactions by bringing together donors and recipients through a ne…
New Delhi, June 17 (IANS) The Delhi High Court on Wednesday sought a status report from the Enforcement Directorate (ED) on an interim bail plea filed by the Al-Falah Trust money laundering case accused Jawad Ahmad Siddiqui, who has sought six weeks’ temporary release on the ground that his wife is undergoing treatment for cancer. A single-judge bench of Justice Madhu Jain issued notice to the federal anti-money laundering agency after Siddiqui approached the Delhi High Court challenging a trial…
Agartala/Aizawl, June 9 (IANS) The Enforcement Directorate (ED) conducted searches at multiple locations in West Bengal, Tripura and Mizoram in connection with an ongoing money laundering investigation arising out of a major cross-border drug-trafficking case involving proceeds of crime in excess of Rs 142 crore, the central probe agency said on Tuesday. The ED, Aizawl Sub-Zonal Office, conducted search operations under the Prevention of Money Laundering Act (PMLA), 2002, on Monday at four locat…
Bengaluru, June 9 (IANS) The Special Investigation Team (SIT) led by the Enforcement Directorate (ED) is preparing to issue a third notice to Youth Congress leader Mohammed Nalapad, son of four-time MLA and Bengaluru Development Authority Chairman N.A. Harris, in connection with alleged financial transactions linked to the case. According to revelations by SIT investigations, crores of rupees were allegedly routed through transactions linked to Nalapad in connection with the illegal conversion o…
Chandigarh, June 9 (IANS) The Enforcement Directorate on Tuesday conducted another round of searches in a money laundering investigation involving Punjab Cabinet Minister Sanjeev Arora and some others in an alleged Rs 100 crore GST fraud case linked to the sale of mobile phones. Official sources said the raids were underway in Delhi-Noida (NCR) and Punjab’s Ludhiana and Jalandhar in a case linked to Arora’s firm Hampton Sky Realty.Likewise, the ED also conducted a raid on the premises of Munic…
Ranchi, June 8 (IANS) Jharkhand Chief Minister Hemant Soren suffered a major legal setback on Monday after a special court hearing cases under the Prevention of Money Laundering Act (PMLA) rejected his discharge petition in a case linked to 8.86 acres of land in Ranchi’s Badgai area.The PMLA special court had reserved its order earlier after hearing arguments from both sides.On Monday, the court ruled that at this stage there are sufficient grounds based on available records and allegations to…
New Delhi, June 8 (IANS) The Cyber wing of Delhi Police in Central Delhi busted a cyber fraud mule account syndicate on Monday, unraveling a network of nearly 30 bank accounts allegedly used to route proceeds of cybercrime. Two key operatives involved in arranging and supplying mule bank accounts have been arrested from Jaipur, Rajasthan, police said. The arrests were made during investigation of cyber financial fraud case, involving unauthorised access to victim’s mobile phone and the fraudul…
Agartala/Aizawl, June 8 (IANS) The Enforcement Directorate (ED) on Monday conducted searches at multiple locations in West Bengal, Tripura and Mizoram as part of its investigation into a cross-border drug trafficking and money laundering network involving proceeds of crime estimated at more than Rs 142 crore, official sources said.Sources said that the ED’s Aizawl Sub-Zonal Office carried out search operations under the Prevention of Money Laundering Act (PMLA), 2002, at four locations spanning …