Follow Us on Google News Mumbai, June 18 (IANS) The Enforcement Directorate (ED) has unearthed a massive illegal land compensation scam involving the fraudulent transfer of forest land and wrongful compensation claims, after searches conducted across Mumbai and Navi Mumbai under the Prevention of Money Laundering Act (PMLA), 2002. On June 17, the ED’s Mumbai … Read more
Follow Us on Google News Mumbai, June 6 (IANS) The Securities and Exchange Board of India (SEBI) has ordered the attachment of absconding businessman Mehul Choksi’s bank accounts, mutual funds, and shares in an effort to recover Rs 2.1 crore. The amount is related to a penalty imposed on him for violating insider trading rules … Read more
New Delhi, Feb 24 (IANS) The Directorate of Enforcement (ED) has conducted a series of search operations across Delhi, Jaipur, and Mumbai, under the provisions of the Foreign Exchange Management Act (FEMA). The operations were part of an investigation into a large-scale cryptocurrency fraud, involving the conversion of crypto assets worth approximately Rs. 600 crore … Read more
Mumbai, Jan 24 (IANS) After coordinated search operations at 13 locations in Mumbai and Jaipur, the Enforcement Directorate (ED) seized Rs 21.75 crore worth assets of a jewellery company that floated fraudulent investment schemes offering weekly returns of up to 9 per cent, an official said on Friday. The Mumbai Zonal Office conducted the search … Read more
