Bengaluru, July 24 (IANS) The Directorate of Enforcement (ED) has provisionally attached movable and immovable assets worth approximately Rs 1,906 crore belonging to Bengaluru‑based Gameskraft Technologies Pvt. Ltd., its shareholders and associated entities in connection with an alleged money laundering case linked to online real‑money gaming platforms, including RummyCulture, the agency said on Friday. The platforms reportedly had a combined user base of nearly 3 crore across India.Accordin…
Latest Prevention of Money Laundering Act News & Updates
New Delhi, July 24 (IANS) In a crackdown against narco-terror funding, the ED conducted search operations at nine locations in Punjab and Jammu and Kashmir, recovering incriminating financial documents and freezing bank accounts with deposits adding up to Rs 49 lakh, an official said on Friday.The Directorate of Enforcement (ED), Jammu Sub Zonal Office, conducted the search operations under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, on Thursday, said the ED official …
Indore, July 23 (IANS) The Enforcement Directorate’s (ED) Indore Sub-Zonal Office has arrested three persons in connection with a major drug trafficking and money laundering racket involving 70 kg of Mephedrone (MDMA), valued at nearly Rs 70 crore, probe agency officials said on Thursday. The arrested individuals have been identified as Ved Prakash Vyas, Dinesh Agarwal, and Akshay Agarwal. They were taken into custody on July 21, 2026, following an investigation initiated on the basis of an FIR …
Panaji, July 23 (IANS) The ED arrested Dubai resident Nihal V.N. in a major crackdown on crypto-hawala and an international narcotics money laundering syndicate, an official said on Thursday. As part of a strategy to dismantle the financial infrastructure of transnational narco-syndicates, the Directorate of Enforcement (ED), Goa Zonal Office, took Nihal V.N. into custody under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.A Special Court (PMLA), Goa, remanded the accused…
Bengaluru, July 23 (IANS) The Directorate of Enforcement (ED) has conducted searches at eight locations in Bengaluru in connection with a money laundering investigation linked to an alleged ISIS recruitment and terror funding module, the agency said on Thursday. The searches were carried out on 21 July under the Prevention of Money Laundering Act (PMLA), 2002. During the operation, the ED seized incriminating electronic records and digital devices and froze proceeds of crime worth Rs 7.50 lakh u…
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…
Kolkata, July 21 (IANS) The Enforcement Directorate (ED) on Tuesday sent a notice for interrogation to rebel Trinamool Congress legislator Madan Mitra in connection with the ongoing investigation into the multi‑crore municipalities’ job irregularities case in West Bengal during the previous Mamata Banerjee‑led Trinamool regime. Earlier this month, the ED served notices to Mitra’s wife and two sons to appear for interrogation in the same case. They are scheduled to appear at the ED’s Sa…
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…
Bengaluru, July 21 (IANS) The Directorate of Enforcement (ED), Bengaluru Zonal Office, has launched an investigation under the Prevention of Money Laundering Act (PMLA), 2002, into an alleged multi-million-dollar cryptocurrency scam involving over-the-counter (OTC) trades in Virtual Digital Assets (VDAs). During search operations, incriminating evidence in the form of digital devices and virtual digital assets amounting to 8,700 USDT was seized. USDT (Tether) is a type of cryptocurrency known as…
Chandigarh, July 20 (IANS) The Enforcement Directorate’s zonal office in Jalandhar in Punjab on Monday said it has conducted search operations under Section 17 of the Prevention of Money Laundering Act (PMLA) of 2002 on 16 premises in connection with illegal sand mining on the ‘shamlat’ land in Pathankot district, close to the international border. It said the land was transferred illegally through an impugned order passed by the then Additional Deputy Commissioner (ADC), Kuldeep Singh. Du…