Lucknow, July 25 (IANS) The Enforcement Directorate (ED) has carried out search operations at ten premises located in Delhi, Uttar Pradesh and Punjab in connection with an alleged bank loan diversion and money-laundering case involving M/s Santosh Overseas Ltd (SOL), officials said on Saturday. The searches were conducted by the Lucknow Zonal Office under Section 17 of the Prevention of Money Laundering Act (PMLA), 2002, at premises linked to the company’s promoters, associated companies, facili…
Latest shell entities. News & Updates
Raipur, July 10 (IANS) The Directorate of Enforcement’s (ED) Raipur Zonal Office has delivered a fresh blow to the operators of the infamous Mahadev Online Book and Skyexchange illegal betting syndicate by attaching movable and immovable properties worth Rs. 940.77 crore belonging to Vikas Garg, his family members, and entities controlled by him, an agency press release said on Friday.The latest Provisional Attachment Order, issued under the Prevention of Money Laundering Act (PMLA), 2002, cover…
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 …
Indore/Mumbai, Dec 25 (IANS) The Directorate of Enforcement (ED), Indore Zonal Office, has conducted extensive search operations under the Prevention of Money Laundering Act (PMLA), 2002, at multiple locations in Indore and Mumbai, the investigation agency said on Thursday. The raids on December 23 targeted premises linked to the Ruchi Group in connection with ongoing investigations into alleged bank fraud cases.The probe stems from multiple FIRs registered by the Central Bureau of Investigation…
New Delhi, Dec 24 (IANS) The Enforcement Directorate (ED) has arrested Chandra Prakash Gupta in connection with a large-scale illegal call centre scam operating from the Delhi-NCR region and targeting United States nationals, officials said on Wednesday. Gupta was arrested on December 13 under the Prevention of Money Laundering Act (PMLA), 2002, following an extensive probe into tech support fraud involving the impersonation of reputed technical service providers.According to the ED, the Speci…