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money laundering probe

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The Enforcement Directorate has attached ₹18.10 crore in assets linked to the 1xBet betting case, uncovering a complex network involving mule accounts, UPI payments, and digital ad promotions.

ED Attaches ₹18.10 Crore Assets in 1xBet Case; Probe Finds Illegal Betting Network Using UPI Mule Accounts

The Enforcement Directorate has attached ₹18.10 crore in assets linked to the 1xBet betting case, uncovering a complex network involving mule accounts, UPI payments, and digital ad promotions.
In a significant ruling on February 23, 2026, the Bombay High Court overturned an interim stay, permitting Bank of Baroda, IDBI Bank, and Indian Overseas Bank to resume fraud-tagging proceedings against Anil Ambani over alleged fund diversion in Reliance entities. This comes as the ED continues its PMLA crackdown, having attached assets exceeding ₹12,000 crore, including the Ambani family's Pali Hill home in Mumbai.

Bombay High Court Overturns Interim Stay: Banks Can Proceed with Fraud Tagging Against Anil Ambani

In a significant ruling on February 23, 2026, the Bombay High Court overturned an interim stay, permitting Bank of Baroda, IDBI Bank, and Indian Overseas Bank to resume fraud-tagging proceedings against Anil Ambani over alleged fund diversion in Reliance entities. This comes as the ED continues its PMLA crackdown, having attached assets exceeding ₹12,000 crore, including the Ambani family’s Pali Hill home in Mumbai.