BENGALURU: Three cyber frauds were arrested for digitally arresting a techie for nearly a month in Nov last year and extorting nearly Rs 12 crore from him by posing as customs and enforcement directorate officers.Police also seized Rs 3.7 crore from different bank accounts of the suspects — Karan, 24, and bullion trader Dhaval Bhai…
NEW DELHI: Enforcement Directorate on Friday said it had attached 142 properties with a market value ofRs 300 crore in a money laundering case allegedly involving Karnataka chief minister Siddaramaiah. The attached properties are registered in the names of various real estate agents.The agency alleged that Siddaramaiah used his political influence to get compensation of…
NEW DELHI: Taking strong exception to ED making “inadvertent” submissions contrary to the provisions of PMLA on grant of bail to minors, women or sick people in money laundering cases, Supreme Court on Wednesday said the agency intended to keep accused in jail and declared that it would not tolerate such “frivolous submissions”.SG Tushar Mehta…
NEW DELHI: Interpol issued its first-ever ‘Silver Notice’, an innovative measure aimed at tracking down laundered assets across international borders. This pilot project involves 52 countries, including India, which has around a dozen fugitive economic offenders and a substantial amount of black money transferred offshore.The ‘Silver Notice’ was issued at the request of Italy, which…
Mumbai: The Enforcement Directorate (ED) has taken possession of a flat in Thane that was registered in the name of a close associate of Iqbal Kaskar. This action is part of their ongoing money laundering investigation against him and his brother, Dawood Ibrahim.The ED alleged that Kaskar and his associates compelled a Thane builder to…
Ajit Pawar, Hasan Mushrif and Dhananjay Munde. MUMBAI: The BJP-led govt in Maharashtra has inducted several ministers who are still facing Enforcement Directorate (ED) investigations. This includes Pratap Sarnaik, Hasan Mushrif, Dhananjay Munde and deputy chief minister Ajit Pawar. None of them have been chargesheeted, but no closure reports have been filed in court indicating…
NEW DELHI: In another significant action, Enforcement Directorate (ED) on Saturday said it restituted properties worth Rs 4,025 crore to JSW, a successful resolution applicant of the erstwhile Bhushan Power and Steel Ltd, under corporate insolvency resolution process of Insolvency and Bankruptcy Code.The assets were attached by ED in 2019 after a money laundering probe…
MUMBAI: The Enforcement Directorate (ED) has seized assets valued at Rs 387.99 crore in the Mahadev Online Book case. The properties comprise investments by a Mauritius-based firm, Tano Investment Opportunities Fund, linked to Hari Shankar Tibrewal and real estate in Chhattisgarh, Mumbai and Madhya Pradesh, registered under various betting app promoters and associates, according to…
NEW DELHI: Supreme Court on Monday decided to examine a plea seeking recall of its Sept 26 bail order to DMK‘s Senthil Balaji on the ground that witnesses may not feel free to depose against a cabinet minister. Balaji was granted bail in a money laundering case linked to a cash-for-jobs scam. In what can…
NEW DELHI: The Central Bureau of Investigation (CBI) on Wednesday lodged an FIR in the alleged Maharashtra Bitcoin scam, news agency ANI reported quoting sources.The central agency booked Amit Bhardwaj, Ajay Bhardwaj and four others for allegedly collecting 80,000 Bitcoins and diverting the funds worth Rs 6,606 crore through nine overseas firms to purchase properties…
