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…
Latest Proceeds of Crime News & Updates
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…
Indore, Feb 3 (IANS) The Enforcement Directorate (ED) on Tuesday said that it has provisionally attached the properties worth Rs 39.91 lakh belonging to a former employee of Indore Municipal Corporation (IMC), Chetan Patil, and his wife Jyoti Patil under the Prevention of Money Laundering Act (PMLA).The federal probe agency, in a statement, said that the properties provisionally attached “are in the form of a plot and a residential building located in Indore, which are registered in the name o…
Jammu, Feb 2 (IANS) Enforcement Directorate (ED) said on Monday that its Jammu Sub-Zonal Office has filed a chargesheet under the provisions of the Prevention of Money Laundering Act (PLA), 2002, before the Special Court (PMLA) against M/S Bharat Papers Limited and its directors. A press statement issued by ED said, “Jammu Sub-Zonal Office has filed a Prosecution Complaint under the provisions of the Prevention of Money Laundering Act (PLA), 2002 before the Hon’ble Special Court (PMLA) Jammu o…
Hyderabad, Jan 31 (IANS) The ED filed a supplementary chargesheet in a Special PMLA Court in Visakhapatnam over cheating and diversion of crores of rupees invested by the Andhra Pradesh government in a skill development project involving a private company, an official said on Saturday.The Enforcement Directorate (ED), Hyderabad Zonal Office, filed the Supplementary Prosecution Complaint against Vikas Khanvelkar, Suman Bose, Mukul Chandra Agarwal, Suresh Goyal and others.The chargesheet also name…
New Delhi, Jan 30 (IANS) The Directorate of Enforcement (ED) has arrested Punit Garg, ex-Director of Reliance Communications (RCOM) Ltd, under the Prevention of Money Laundering Act (PMLA) in the over Rs 40,000 crore bank fraud and money laundering case, an agency statement said on Friday.The probe shows Garg diverted proceeds of crime to offshore entities and used these proceeds of crime for financing the overseas education of his children. He also fraudulently sold an $8.3 million luxury condo…
Bengaluru, Jan 29 (IANS) The Enforcement Directorate (ED) provisionally attached assets worth Rs 177.3 crore on Thursday under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 in the case relating to illegal online betting and gambling involving Congress MLA K.C. Veerendra and his associates. The ED has also identified Proceeds of Crime (PoC) worth Rs 2,300 crore.According to the official statement by the ED, Bengaluru Zonal Office, “On the basis of material evidence gathere…
Bengaluru, Jan 28 (IANS) In a major development, the Special Court for MLAs/MPs in Bengaluru on Wednesday accepted the closure report filed by the Karnataka Lokayukta in connection with the Mysuru Urban Development Authority (MUDA) scam. The development is seen as a shot in the arm for Chief Minister Siddaramaiah amid the leadership tussle in the state.The court gave relief to the first accused in the case, CM Siddaramaiah, the second accused, his wife B.M. Parvati, the third accused, his brothe…
New Delhi/Itanagar, Jan 22 (IANS) The Enforcement Directorate (ED) has carried out search operations at multiple locations across West Bengal, Manipur and Jharkhand in connection with a Rs 100-crore fake Input Tax Credit (ITC) fraud, sources in the central probe agency said.The ED, Itanagar, conducted search operations on January 20 under the Prevention of Money Laundering Act (PMLA), 2002 at 10 premises across West Bengal, Manipur and Jharkhand in connection with the Rs 100-crore fake ITC fraud…