New Delhi, May 1 (IANS) Marking its 70th foundation day on Friday, the Enforcement Directorate highlighted that in 2025-26, it has increased the recovery of proceeds of crime by over 2 times, reaching Rs 32,678 crore. The agency, founded on May 1, 1956, said in a statement that a surge in its enforcement actions during the year helped recover laundered funds and strengthen the nation’s economic backbone.In a message on X to mark the ED Day, the agency said, “Restoring Integrity to Indi…
Latest Proceeds of Crime News & Updates
Kohima, April 30 (IANS) The Enforcement Directorate (ED) on Thursday said it has filed a second supplementary prosecution complaint before the Special Court for PMLA cases in Dimapur, Nagaland, in connection with the HPZ Token cryptocurrency investment scam. The case has its genesis in three FIRs registered by the Cyber Crime Police Station, Kohima, Nagaland; the CID PS, Ulubari, Guwahati; and the CBI, Delhi. Accordingly, an ECIR was registered on April 12, 2022. The Main Prosecution Compl…
New Delhi, April 16 (IANS In fresh action in a Rs 500 crore ponzi scheme fraud, the ED searched seven premises across Delhi-NCR, Goa, Jaipur and Mumbai linked to 32nd Avenue Group and seized Rs 1.05 crore cash and jewellery items worth Rs 1.5 crore, an official said on Thursday. The search operation against the company’s promoter-directors, Anubhav Sharma and Dhruv Sharma, and others was conducted on April 13 and 14, the official said in a statement.The directors and promoters were using t…
Kolkata, April 11 (IANS) The ED filed a charge sheet against five accused in a Special Court (PMLA) in Kolkata over a Rs 650 crore racket involving illegal coal mining, theft, illegal coal transportation, illegal sale of coal, use of forged documents and extortion, an official said on Saturday. The Directorate of Enforcement (ED), Kolkata Zonal Office, named Chinmoy Mondal, Kiran Khan and their associates in the chargesheet filed on Thursday, the official said in a statement.The investigat…
New Delhi/Imphal, April 1 (IANS) The Enforcement Directorate (ED) said on Wednesday that it has filed a charge sheet under the Prevention of Money Laundering Act (PMLA), 2002, against a former Municipal Councillor and the Chief Engineering Officer of the Imphal Municipal Corporation (IMC) for allegedly securing work orders from the civic body using forged documents. The ED’s Imphal Sub-Zonal office has filed a charge sheet under the provisions of PMLA, 2002, against G. Gaidon Rongmei, former Mun…
Mumbai, March 27 (IANS) Residential flats, commercial shops and office space relating to the Goregaon Pearl CHS Project and worth Rs 41.70 crore were seized by the ED in a fraud with homebuyers and other investors in Goregaon, Mumbai, an official said on Friday.The Directorate of Enforcement (ED), Mumbai Zonal office, provisionally attached assets/properties on March 25, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, the ED said in a statement.The attached assets in…
Ahmedabad, March 23 (IANS) The Enforcement Directorate (ED) has filed a prosecution complaint before the Special Court under the Prevention of Money Laundering Act (PMLA) in Ahmedabad against a chartered accountant accused of defrauding a trust of over Rs six crore, officials said on Monday. In a statement issued on Monday, the agency said the complaint was filed in connection with a cheating case involving Tehmul Sethna, a practising chartered accountant, who allegedly defrauded the Environm…
New Delhi, March 12 (IANS) The Enforcement Directorate on Thursday said it has attached another lot of properties, worth more than Rs 581 crore, of Anil Ambani group companies Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL).An order was issued on March 11 to attach land parcels in Goa, Kerala, Karnataka, Punjab, Tamil Nadu, Uttar Pradesh, Haryana, Jharkhand, Maharashtra, Delhi, West Bengal, Andhra Pradesh and Rajasthan, the Enforcement Directorate (ED) said in…
Chennai, March 5 (IANS) The Enforcement Directorate (ED) has conducted coordinated search operations at multiple locations in Mumbai and Chennai in connection with an alleged investor fraud involving M/s Atum Capital Pvt Ltd and its associated entities.The searches were carried out on February 27 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, as part of an ongoing investigation into suspected financial irregularities and diversion of investor funds, the ED said in a…
Jaipur, Feb 16 (IANS) The Directorate of Enforcement (ED), Jaipur, has provisionally attached movable and immovable properties valued at approximately Rs. 7.72 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, on 09.12.2024 in connection with the case of Adarsh Credit Co-operative Society Ltd and others. The investigation was initiated based on FIRs registered by the Special Operations Group (SOG) of the Rajasthan Police. As per the allegations, the main accus…