Browsing Tag

PMLA

18 posts
The ED has attached properties worth over ₹51 crore linked to Ocean Seven Buildtech in a money laundering case involving diversion of funds collected from homebuyers for incomplete affordable housing projects. Promoter Swaraj Singh Yadav is accused of orchestrating the fraud through arbitrary cancellations, inflated resales, and misuse of escrow funds. Probe continues.

SBI Loses ₹1,266 Crore: ED Attaches Dubai Properties Gifted by Fraud Accused to Daughter

The ED has attached nine Dubai properties worth ₹51.70 crore linked to Shrikant Bhasi, accused in the ₹1,266-crore SBI fraud. Investigators found the assets were purchased using laundered funds and later gifted to his daughter to conceal ownership.
The Enforcement Directorate has arrested Amit Katyal, alleged aide of Lalu Prasad Yadav, in a massive ₹300-crore real estate fraud tied to Gurugram’s stalled Krrish Florence Estate project. Investigators uncovered fund diversion, fake bookings, undervalued land sales, and losses to a public sector bank.

Lalu Prasad Yadav’s Close Aide Amit Katyal Arrested in ₹300-Crore Real Estate Fraud: ED Cracks Down

The Enforcement Directorate has arrested Amit Katyal, alleged aide of Lalu Prasad Yadav, in a massive ₹300-crore real estate fraud tied to Gurugram’s stalled Krrish Florence Estate project. Investigators uncovered fund diversion, fake bookings, undervalued land sales, and losses to a public sector bank.
The ED has attached properties worth over ₹51 crore linked to Ocean Seven Buildtech in a money laundering case involving diversion of funds collected from homebuyers for incomplete affordable housing projects. Promoter Swaraj Singh Yadav is accused of orchestrating the fraud through arbitrary cancellations, inflated resales, and misuse of escrow funds. Probe continues.

ED Clears Restitution of ₹55.85 Crore Attached Properties to SBI in Varron Aluminium Case

The Enforcement Directorate will restore three attached properties worth ₹55.85 crore to SBI after the Special Court (PMLA) approved restitution in the Varron Aluminium fraud case.
The Enforcement Directorate has attached eight immovable properties worth ₹67.03 crore linked to the Popular Front of India (PFI) and its political front SDPI. The properties, spread across Kerala, were registered under various trusts and foundations allegedly controlled by PFI. With this, the total value of assets attached in the case now stands at ₹129 crore.

ED Attaches ₹67 Crore Worth of Properties Linked to PFI and SDPI

The Enforcement Directorate has attached eight immovable properties worth ₹67.03 crore linked to the Popular Front of India (PFI) and its political front SDPI. The properties, spread across Kerala, were registered under various trusts and foundations allegedly controlled by PFI. With this, the total value of assets attached in the case now stands at ₹129 crore.
The ED has attached ₹11.14 crore in assets belonging to cricketers Suresh Raina and Shikhar Dhawan for their alleged involvement in promoting the illegal betting platform 1xBet. The probe found that payments for endorsements were routed through foreign entities to conceal illicit funds from betting operations.

ED Attaches ₹11.14 Crore Assets of Suresh Raina and Shikhar Dhawan in Illegal Betting Case Linked to 1xBet

The ED has attached ₹11.14 crore in assets belonging to cricketers Suresh Raina and Shikhar Dhawan for their alleged involvement in promoting the illegal betting platform 1xBet. The probe found that payments for endorsements were routed through foreign entities to conceal illicit funds from betting operations.