The Enforcement Directorate (ED) has arrested the former president of Kandala Service Co-operative Bank N Bhasurangan and his son Akhiljith JB in connection with an ongoing investigation into a money laundering case of fraud that occurred at Kandala Service Co-operative Bank, the agency said
The arrests were made in connection with an ongoing investigation in a money laundering case of fraud that allegedly occurred at Kandala Service Co-operative Bank, the central enforcement agency posted on X.
A review petition challenging the top court's order upholding various provisions of the Prevention of Money Laundering Act (PMLA) will be heard by a new bench of the Supreme Court as one of the judges in the bench is demitting office soon.
The Enforcement Directorate on Wednesday said that it has carried out searches at 13 locations in Haryana and Uttar Pradesh in a money laundering probe.
The Enforcement Directorate (ED) has issued summons to actor Prakash Raj in the Rs 100 crore Ponzi scheme linked to the Pranav Jewellers money laundering case.
The four accused are -- Lava International MD Hari Om Rai, Chinese national Guangwen alias Andrew Kuang, Chartered Accountants Nitin Garg and Rajan Malik.
The Centre on Wednesday defended the provisions of the Prevention of Money Laundering Act before the Supreme Court and informed the top court that Rs 17,000 crores amount has been restored to victims, especially in bank fraud cases.
The Special Court for Prevention of Money Laundering Act (PMLA) has taken cognizance of a complaint filed by the Enforcement Directorate in connection with cheating and duping flat buyers.
The Enforcement Directorate on Wednesday filed a supplementary prosecution complaint (chargesheet) in Rouse Avenue Court of Delhi in a money laundering case related to controversial Arms Dealer Sanjay Bhandari and others.
Investigation revealed that Associated Journals Ltd. (AJL) is in possession of proceeds of crime in the form of immovable properties spread across many cities of India such as Delhi, Mumbai and Lucknow to the tune of Rs. 661.69 Crore and Young Indian (YI) is in possession of proceeds of c
Bhatnagar was arrested by the Enforcement Directorate (ED), under the provisions of the Prevention of Money Laundering Act, 2002 on August 22, 2023. The chargesheet has been filed before the Special Judge of Rouse Avenue Court in Delhi.