NEW DELHI: Within weeks of the Madras high court validating the Enforcement Directorate’s money laundering probe against India’s biggest political donor Santiago Martin, better known as ‘lottery king’, the agency on Thursday carried out searches at 20 premises of the accused and his associates across Tamil Nadu, West Bengal, Haryana and Punjab. Martin and his…
NEW DELHI: In a first, Enforcement Directorate went after a group of land grabbers in Chennai that had encroached upon a plot worth Rs 13 crore in Saidapet area, and restituted it to its owner, a significant development in the face of several such cases of usurpation taking several decades to be disposed of and…
Initial Contact: Scammers first send an SMS, email, or a WhatsApp text. The message states that the recipient’s name or phone number is linked to criminal acts like pornography, drug peddling or money laundering. They are instructed to call a specific number to avoid ‘digital arrest‘.Impersonation via video calls: Once the victim responds, scammers initiate…
NEW DELHI: In yet another case of restitution of assets to victims of a scam, the Enforcement Directorate has allowed the sale and refund of 185 crore worth of attached property of Jammu-based Surya Pharmaceuticals to SBI in a money laundering case against the company and its directors.The attached assets include a building and superstructure…
NEW DELHI: The Enforcement Directorate (ED) has attached assets worth Rs 500 crore located across Maharashtra, West Bengal, Bihar, Jharkhand and Andhra Pradesh in a Rs 4,000-crore bank fraud and money laundering case against Corporate Power Ltd, and its promoters and directors Manoj Jayaswal, Abhijeet Jayaswal and Abhishek Jayaswal.In Aug, ED had searched the premises…
NEW DELHI: Granting bail to two men recently in a money laundering case, Delhi high court has ruled that the stringent twin tests for grant of bail under Section 45 of Prevention of Money Laundering Act, 2002 (PMLA) cannot be invoked as a tool to indefinitely detain accused persons when there is a delay in…
The Ministry of Home Affairs (MHA) on Monday warned against illegal digital payment gateways being used for money laundering operations. The ministry in a notification said the illegal payment gateways are being created using mule and rented bank accounts. “Nation-wide raids by Gujarat Police and Andhra Pradesh Police reveal that trans-national criminals have created illegal…
HYDERABAD: A 44-year-old techie from Hyderabad narrowly escaped from the clutches of cyber criminals Sunday, albeit after a 30-hour-long digital arrest. The ordeal that started Friday night saw the victim ride 15km from his home in Miyapur to Ameerpet, at an ungodly hour, and check into a lodge — all the while being on video…
NEW DELHI: In a setback to Ajit-Pawar led NCP and a judgment that can have bearing on other PMLA cases, a special court in Mumbai on Friday rejected a plea of NCP heavyweight and Maharashtra cabinet minister Chhagan Bhujbal that money laundering case against him and other associates be dropped. The minister unsuccessfully argued that…
NEW DELHI: Former Delhi minister and senior AAP leader leader Satyendar Jain, after being granted bail by the Rouse Avenue Court, has spoken out against the central government on Saturday, accusing it of using legal cases to suppress AAP leaders and hinder their efforts to bring about political change.Jain was arrested in May 2022 in…
