New Delhi, Jan 22 (IANS) Taking action in a Rs 236 crore loan fraud, the ED arrested a Gurugram-based company’s suspended official for cheating that involved fictitious sales and misrepresentation to generate funds for money laundering, an official said on Thursday. The Directorate of Enforcement (ED), Gurugram Zonal Office, arrested Sandeep Gupta, ex-promoter and suspended managing director of Richa Industries, under the provisions of PMLA, 2002, on January 20, 2026.Later, he was produced bef…
Latest PMLA News & Updates
New Delhi, Jan 19 (IANS) The ED attached a Rs 32 crore apartment in Gurugram belonging to a company which bought it using loan funds illegally diverted from an associate company, an official said on Monday. The Enforcement Directorate (ED), Headquarters Investigation Unit (HIU), New Delhi, issued a Provisional Attachment Order (PAO) under the provisions of the PMLA, 2002, attaching Apartment No. 1516B, The Magnolias, DLF City Phase-V, Wazirabad, Gurugram, Haryana, registered in the name of Anvi …
New Delhi, Jan 19 (IANS) An apartment in Gurugram and bank balances, both worth Rs 54 crore, were attached by the ED in a matter related to misuse of loans of over Rs 500 crore by companies associated with failed e-ride hailing service BluSmart Fleet, an official said on Monday.The Enforcement Directorate (ED), Headquarters Investigation Unit (HIU), New Delhi, has issued a Provisional Attachment Order (PAO) in the case of Gensol Group under the provisions of the PMLA, 2002.The federal probe agen…
Ernakulam, Jan 12 (IANS) The Kerala High Court on Monday orally suggested that the State consider enacting a comprehensive law to protect temple properties, with stringent penal provisions to address dereliction of duty and misappropriation.The observation came during the hearing of bail pleas in the Sabarimala gold theft case, which has raised serious questions about safeguards governing temple assets.Justice A. Badharudeen made the suggestion while considering bail applications filed by former…
Raipur, Jan 12 (IANS) The Raipur Zonal Office of the Directorate of Enforcement (ED) has issued a Provisional Attachment Order (PAO) under the Prevention of Money Laundering Act (PMLA), 2002, attaching eight immovable properties valued at approximately Rs 2.66 crore, an agency statement said on Monday.According to ED, these assets, consisting of land parcels and residential flats, were allegedly acquired by accused individuals Saumya Chaurasia and Nikhil Chandrakar in the names of their relative…
Patna, Jan 9 (IANS) In fresh action in the Bihar fake government job scam, the Enforcement Directorate (ED) has conducted search operations at 16 locations across the country and seized incriminating documents and digital evidence, an official said on Friday.The Directorate of Enforcement, Patna Zonal Office, carried out searches under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, at 16 locations including Muzaffarpur, Motihari, Kolkata, Ernakulam, Pandalam, Adoor, Kodur…
Hyderabad, Jan 6 (IANS) The Enforcement Directorate (ED), filed supplementary prosecution complaint in a court in Hyderabad against B. Lakshminarayana, Sandhu Purnachandra Rao, Ex-Director and Sales and Marketing Head of Sahiti Infratec Ventures India Pvt Ltd (SIVIPL) under the provisions of the Prevention of Money Laundering Act.Hyderabad Zonal Office of the ED said that the court has taken cognizance of the supplementary prosecution complaint.The Central agency initiated investigation based on…
New Delhi, Dec 29 (IANS) The Delhi High Court has granted bail to Sandeepa Virk in a money laundering case registered by the Enforcement Directorate (ED), saying that the allegations date back to 2008–2013, while the Enforcement Case Information Report (ECIR) was registered only in 2025. A single-judge Bench of Justice Swarana Kanta Sharma allowed the bail plea in a case arising from an ECIR lodged by the ED under the Prevention of Money Laundering Act (PMLA), holding that there was no justifi…