Money Laundering Case

ED raids premises linked to WinZO, Gamezkraft in money laundering probe

The Enforcement Directorate on Tuesday raided premises linked to online gaming platforms WinZO and Gamezkraft as part of a money laundering investigation, official sources said. A total of 11 premises were covered in the raids, including five located in Bengaluru, four in Delhi and two in Gurugram (Haryana), they said. The search action is being conducted by the Bengaluru zonal office against the two online gaming companies which own websites named WinZO app and Gamezkraft (pocket52.com), ED sources said. The two platforms could not be immediately contacted for a comment on the ED action against them. The corporate offices of the two gaming operators along with residences of their CEOs, COOs and CFOs are being covered in the action. It is alleged in the police FIRs filed by the victims that these gaming companies"manipulated" the algorithm of the app putting the gamers at disadvantage, the sources alleged. The federal probe agency suspects that the promoters "owned" crypto wallet

ED makes 3rd arrest in Reliance Power fake bank guarantee linked PMLA case

The Enforcement Directorate has made a fresh and the third arrest in connection with a money laundering probe against businessman Anil Ambani's group company Reliance Power linked to issuance of an alleged fake bank guarantee of Rs 68 crore, official sources said on Friday. A person identified as Amar Nath Dutta was taken into custody on Thursday under the provisions of the Prevention of Money Laundering Act (PMLA). A special court sent him to four days of the Enforcement Directorate (ED) custody, they said. The federal probe agency has arrested former Reliance Power CFO Ashok Kumar Pal and a private person Partha Sarathi Biswal, MD of an Odisha-based company named Biswal Tradelink, as part of this investigation. The case pertains to a bank guarantee of Rs 68.2 crore submitted to the Solar Energy Corporation of India Limited (SECI) on behalf of Reliance NU BESS Limited, a subsidiary of Reliance Power, a listed company, which was found to be "fake". The company was formerly known a

ED summons Anil Ambani for questioning on Nov 14 in money laundering case

The Enforcement Directorate has summoned Reliance Group chairman Anil Ambani again for questioning on November 14, days after attaching assets worth over ₹7,500 crore in a money laundering probe

ED chargesheets Elvish Yadav in wildlife-linked money laundering case

The Enforcement Directorate has filed a chargesheet against YouTuber Siddharth Yadav alias Elvish Yadav, his friend and singer Rahul Yadav alias Fazilpuriya apart from two others, and charged them with money laundering in an alleged wildlife crime involving protected snakes and lizards, official sources said. The prosecution complaint was filed on October 13 before a special Prevention of Money Laundering Act (PMLA) court in Gurugram, Haryana. The court is yet to take cognisance of the chargesheet. Yadav (28), Fazilpuriya (35), a company named Sky Digital India Pvt. Ltd. and its director Gurkaran Singh Dhaliwal have been named as the accused in the chargesheet, the sources told PTI. Yadav has been accused of generating, acquiring, and possessing proceeds of crime worth Rs 84,000 from the monetisation of an "offending" video uploaded in 2023 that depicted live snakes and an iguana (a protected species of lizard). Fazilpuriya has been charged for the same offence as it was found dur

ED seizes ₹45 lakh during raids in Bengal municipality recruitment scam

ED seizes Rs 45 lakh in cash, documents during raids regarding Bengal municipality recruitment scam

Shilpa Shetty questioned in cheating case, denies role in firm's affairs

Actor Shilpa Shetty has told the Mumbai police that she did not look into the affairs of the company she co-founded with her husband Raj Kundra, during her questioning in connection with the Rs 60 crore cheating case, an official said on Tuesday. A team from the police's Economic Offences Wing (EOW) recorded the actor's statement at her residence on October 4 and questioned her for more than four hours, the official said. The actor, in her statement, told the police that she was not looking into the affairs of the liquidated company, Best Deal TV Private Limited. Shetty and her husband, Raj Kundra, were directors of Best Deal TV Private Limited, a home shopping and online retail platform. The official said the actor answered questions while recording her statement and submitted supporting documents. Police are verifying the documents provided by the actor, he said. "Shetty said that she was not looking into the affairs of the company. She was paid celebrity fees for appearing on

Actor Sonu Sood appears before ED in betting app linked PMLA case

Actor Sonu Sood on Wednesday appeared before the Enforcement Directorate (ED) for questioning in a money-laundering case linked to an online betting app named 1xBet, officials said. Sood (52) reached the agency's office in central Delhi around 12 noon. The investigating officer of the case will question the actor and record his statement under the Prevention of Money Laundering Act (PMLA), the officials said. The federal probe agency has questioned former cricketers Suresh Raina, Shikhar Dhawan, Robin Uthappa and Yuvraj Singh apart from former TMC MP and actor Mimi Chakraborty and Bengali actor Ankush Hazra over the last few weeks as part of this investigation. Some female social media influencers have also been questioned by the agency as part of this investigation. The probe into the operations of the 1xBet betting app is part of the ED's wider probe against such platforms on allegations of duping numerous people of crores of rupees and reportedly evading a huge amount of direct

Jacqueline Fernandez moves SC, challenges HC dismissal in ₹200-cr case

Bollywood actress Jacqueline Fernandez moves the Supreme Court after Delhi HC rejected her plea to quash ₹200-crore money laundering case, seeking a stay of trial against her

Betting app PMLA case: Former TMC MP Mimi Chakraborty appears before ED

Former Trinamool Congress MP Mimi Chakraborty on Monday appeared before the ED for questioning in a money-laundering case linked to an alleged illegal betting app, officials said. The statement of Chakraborty, 36, is being recorded under the Prevention of Money Laundering Act (PMLA) in a case related to an "illegal" betting app named 1xBet. The ex-MP and actor is understood to be linked to the app through certain endorsements and financial transactions. The Enforcement Directorate (ED) wants to understand her links with this app during the questioning. The agency is probing multiple such cases involving illegal betting apps that are alleged to have duped numerous people and investors worth crores of rupees or have evaded a huge amount of taxes. Former cricketers Suresh Raina and Shikhar Dhawan have been questioned by the federal probe agency in this case earlier. Actor Urvashi Rautela, 31, has been asked to depose on Tuesday in this case by the ED. Rautela is 1xBet's Indian ...

ED raids Tamil Nadu Minister I Periyasamy, son in money laundering case

The Enforcement Directorate on Saturday searched multiple premises linked to Tamil Nadu Minister and DMK leader I Periyasamy and his MLA son as part of a money laundering investigation, official sources said. The raids were undertaken in Chennai and Dindigul under the Prevention of Money Laundering Act (PMLA). The premises of I P Sentilkumar, the son of the 72-year-old minister for rural development, panchayats and panchayat unions, were also searched, according to the sources. Periyasamy represents the Athoor assembly constituency in Dindigul district. There was no immediate comment from Periyasamy or the DMK on the ED action. The money laundering investigation stems from an April order of the Madras High Court, which directed a special court in Dindigul to frame charges against Periyasamy and his family members in connection with a Rs 2.1 crore "disproportionate" assets case. The order came in response to some criminal revision petitions filed by the Directorate of Vigilance and

Actor Rana Daggubati appears before ED in online betting linked PMLA case

Actor Rana Daggubati on Monday appeared before the Enforcement Directorate (ED) here in connection with a money laundering case involving illegal online betting and gambling by certain platforms. The federal agency has issued summons to four actors--Prakash Raj, Vijay Deverakonda, Rana Daggubati and Lakshmi Manchu-- last month, asking them to appear on different dates at the agency's zonal office here for questioning in the case. Raj and Deverakonda earlier appeared. The actors had "endorsed" online betting apps allegedly involved in generating "illicit" funds, according to official sources. During their appearance, the agency is expected to record the statements of the actors under the provisions of the Prevention of Money Laundering Act (PMLA). The ED had taken cognisance of as many as five state police FIRs to register its case against these actors and a number of other celebrities and social media influencers. These individuals are suspected to have "endorsed" online betting a

ED to widen alleged Rs 17,000 crore bank-fraud investigation probe

The agency is also likely to call for questioning former senior officials of Canara Bank and Bank of Baroda

ED raids in Lucknow in money laundering case against ex-UP Invest CEO

The Enforcement Directorate on Thursday conducted searches here in connection with a money laundering case against suspended IAS officer and former Invest Uttar Pradesh CEO Abhishek Prakash, official sources said. Four premises linked to alleged middleman Nikant Jain, who allegedly asked for a bribe on behalf of Prakash, are being searched in the city under the Prevention of Money Laundering Act (PMLA), they said. Apart from Jain's house, two premises registered as offices of companies related to him and his family members are being searched. The fourth is a hotel where his family members are common directors, they said. Jain was arrested earlier by Uttar Pradesh Police. Prakash, a 2006-batch IAS officer, was suspended in March this year by the Uttar Pradesh government after an investor in the solar industry lodged a complaint alleging that Jain demanded a commission to facilitate approvals for projects.

Anil Ambani appears before ED in PMLA case linked to alleged loan fraud

Anil Ambani arrives in Delhi after ED summons him in a case linked to alleged loan fraud; agency to record his statement on Tuesday under the Prevention of Money Laundering Act

SC stays PMLA trial as chargesheet in predicate case pending for 7 yrs

The Supreme Court stayed a money laundering trial against four women as no chargesheet has been filed in the predicate offence registered by CBI on Indian Bank's complaint for over seven years

Bank fraud case: Court orders auction of sports academy, land of ex-MLA

A special anti-money laundering court has ordered the auction of properties linked to former MLA Vivekanand Shankar Patil to facilitate repayment to creditors of a cooperative bank based in Panvel in Maharashtra's Raigad district. The properties, comprising a multi-acre sports academy and a land parcel in Panvel, have been attached by probe agencies in an alleged fraud of over Rs 512 crore at the Karnala Nagari Sahakari (cooperative) Bank. Patil, the prime accused in the case, represented Panvel as a Peasants and Workers Party of India MLA for three terms and was a legislator from Uran once. A total of 87 properties, including some ancestral assets of Patil, were attached under the MPID Act, or the Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, by Navi Mumbai police's Economic Offences Wing. The Enforcement Directorate (ED), which is also probing a money laundering case linked to the fraud, has dual attachment to some of these properties. Speci

Delhi Court convicts former Nalco CMD Srivastava for money laundering

A Delhi court convicts former NALCO CMD Abhay Kumar Srivastava and others for money laundering under the PMLA in a case involving bribery linked to coal procurement

ED arrests ex-CM Bhupesh Baghel's son in Chhattisgarh liquor scam

ED alleges a liquor syndicate operated between 2019-2022, causing ₹2,100 crore loss to state exchequer, with proceeds shared by top political figures

ED raids Punjab de-addiction centres in 'illegal' drugs sale case

The Enforcement Directorate (ED) on Friday raided multiple locations in Punjab apart from some in Mumbai as part of a money laundering investigation linked to "illegal" sale of drugs by private de-addiction centres in the northern state, official sources said. The federal probe agency's investigation stems from various FIRs filed by Punjab Police against a doctor named Amit Bansal, a pharmaceutical company, a drugs inspector and some others. Bansal runs 22 drugs de-addiction centres across Punjab, the sources said. The raids are being conducted in Chandigarh, Ludhiana and Barnala in Punjab and in Mumbai, Maharashtra, under the Prevention of Money Laundering Act (PMLA), they said. Sources said private de-addiction centres like the ones run by Bansal have been entrusted by the Punjab government to provide BNX (Buprenorphine/Naloxone) medicine to patients, enrolled in their facilities, so that they can be weaned away from narcotics. It was found that these medicines meant for ...

Robert Vadra appears before ED in Sanjay Bhandari money laundering case

Robert Vadra, the businessman husband of Congress MP Priyanka Gandhi Vadra, appeared before the Enforcement Directorate on Monday for his questioning in connection with the UK-based arms consultant Sanjay Bhandari linked money laundering case, official sources said. The businessman's statement will be recorded under the Prevention of Money Laundering Act (PMLA), they said. The 56-year-old Vadra was called by the agency to depose last month but he had sought deferment of his summons as he had to travel abroad. He is being investigated by the central probe agency in three different money laundering cases, including this one. The two others pertain to alleged irregularities in land deals. The 63-year-old Bhandari fled to London in 2016 soon after the Income-Tax department raided him in Delhi. He was recently declared a fugitive economic offender by a Delhi court. A UK court last month refused the Indian government's application seeking permission to appeal in Britain's Supreme Court