Page 27 - Money Laundering

Rs 100-crore money laundering racket via crypto scheme busted

The kingpin of the racket is absconding, police said

Anil Deshmukh gets 14-day judicial custody in money laundering case

The ED's case is that Deshmukh, while serving as home minister, misused his official position and through dismissed cop Sachin Waze collected Rs 4.70 crore from various bars and restaurants in Mumbai

Anil Deshmukh in ED custody till Nov 6; NCP, Sena slam his arrest

Deshmukh (71) was arrested by the ED on late Monday night after over 12 hours of questioning here in the money laundering case linked to an alleged extortion racket in the state police establishment

Jacqueline Fernandez appears before ED; records statement

Fernandez appeared before ED on Wednesday for questioning in connection with an over Rs 200 crore money laundering case being probed against alleged conman Sukesh Chandrashekar, officials said

ED issues fresh summons to Jacqueline Fernandez after she skips summons

She skipped her summons on Friday in connection with a money laundering case being probed against alleged conman Sukesh Chandrashekar, officials said

ED attaches assets of Rs 1.74-crore in PMLA case against BPSL

The Enforcement Directorate on Friday said it has attached properties worth Rs 1.74 crore in connection with its money laundering probe linked to an alleged bank fraud in BPSL

Abhishek Banerjee's plea to quash summons in PMLA case premature: ED to HC

ED told the Delhi High Court on Tuesday that the plea by TMC MP Abhishek Banerjee and his wife seeking quashing of its summons in a money laundering case was premature and not maintainable.

PM CARES Fund not govt fund; functions with transparency: HC told

The PM CARES Fund is not a Government of India fund and the amount collected by it does not go to the Consolidated Fund of India, the Delhi High Court has been informed

Abhishek Banerjee, wife moves Delhi HC challenging summons in PMLA case

TMC MP Abhishek Banerjee and his wife Friday approached the Delhi High Court seeking quashing of summons issued to them by the ED for questioning in a money laundering case

VVIP choppers deal accused Rajiv Saxena arrested by Enforcement Directorate

ED has arrested Rajiv Saxena, who is also an accused in the Rs 3,600-crore VVIP choppers deal case, over money-laundering linked to an alleged bank fraud, officials said Monday

Money laundering: HC declines urgent hearing on plea by Deepak Kochhar

The Bombay High Court on Wednesday refused to take up for urgent hearing a plea filed by Deepak Kochhar, businessman and husband of former Chief Executive Officer of ICICI Bank Chanda Kochhar

Indian team backs IBM's Telum chip aimed to stem $30 bn consumer fraud loss

IBM Telum Chip: The team owned a significant portion of the logic design, verification and validation, in addition to the complete physical design of the new dedicated on-chip accelerator

TMC's Abhishek Banerjee questioned for 9 hrs by ED in money laundering case

Abhishek Banerjee, TMC MP and nephew of West Bengal Chief Minister Mamata Banerjee, was questioned for about nine hours by the Enforcement Directorate (ED) here on Monday in a money laundering case

Binance tightens anti-money laundering checks after regulatory pressure

The exchange, whose holding company is registered in the Cayman Islands, has scaled back its product offerings, including leveraged trading and tokens linked to equities

Coal scam: SC permits IRS officer of ED to join parent cadre in CBIC

SC permitted repatriation of an IRS officer, who was part of Enforcement Directorate probing money laundering aspect of coal scam cases, to his parent cadre in CBIC

Delhi court sends Avantha promoter Gautam Thapar to one-day ED custody

A Delhi court on Wednesday sent Avantha Group promoter Gautam Thapar to one-day custody of the Enforcement Directorate in connection with a Rs 500 crore money laundering case. Thapar was arrested on Tuesday night after the agency carried out raids against him and his linked businesses in Delhi and Mumbai. The agency told Special Judge Sanjeev Aggarwal in a hearing held through video conferencing that investigation revealed that around Rs 500 crore worth proceeds of crime were laundered through Oyster Buildwell Pvt Ltd (OBPL), Jhabua Power Limited (JPL), Jhabua Power Investment Ltd. (JPIL), Avantha Power & Infrastructure Ltd (APIL), Avantha Realty Ltd. (ARL) etc. which were being controlled and beneficially owned directly or indirectly by Thapar. The probe revealed that sham agreements were made by these entities to fraudulently obtain huge amount running into more than 500 Crores from Yes Bank and further by different modes of layering the tainted amount was laundered and the loan

Money laundering case: Anil Deshmukh skips ED summons again

Former Maharashtra home minister Anil Deshmukh failed to appear before the Enforcement Directorate (ED) on Monday again in connection with its probe into a money laundering case, an ED official said.

ED attaches London hotel in Unitech Group money laundering case

An ED official here said that the agency has attached the hotel in London under sections of the Prevention of Money Laundering Act (PMLA)

SC to hear on Aug 3 Deshmukh's plea on coercive action in ED case

Supreme Court said it would hear on August 3 a plea filed by former Maharashtra home minister Anil Deshmukh seeking protection from any coercive action in a money laundering case

ED arrests Ambience group promoter Raj Gehlot in money-laundering case

The ED has arrested Raj Singh Gehlot, promoter of the Ambience group, in a money-laundering case linked to an alleged bank loan fraud of Rs 800 crore, officials said on Thursday