Articles for money laundering

ED attaches land properties of Lucknow's Shine City Group worth Rs. Rs. 47.80 crores

The accused persons, associates & promoters incorporated several companies and collected funds from the public in Ponzi-pyramid scheme under the guise of investment in real estate sector and other attractive schemes : ED

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ED provisionally attaches movable properties valued at Rs. 319 crore and Rs. 16 crores belonging to Unitech International Realty Fund and Sahana Builders

Chandra’s of Unitech Group in collusion with their associates played key role in illegally diverting the homebuyers/investors/banks funds to generate the Proceeds of Crime (POC) to the tune of Rs. 7612 crores

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ED files prosecution complaint in Karnataka Maharishi Valmiki ST Development Corporation Scam

An amount of Rs. 89.62 crore were diverted from the accounts of the Corporation’s accounts into fake accounts across Andhra Pradesh and Telangana and later laundered through shell entities : ED

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ED conducts searches at 44 locations in money laundering case of M/s Pearl Agro Corporation Limited

PACL was banned by SEBI for illegally collecting at least Rs. 49,100 Crore from 58 million investors over 18 years : ED

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ED arrests MD of M/s Sahiti Infratec Ventures India Pvt. Ltd. (SIVIPL) in Hyderabad for money laundering

The movable & immovable properties worth Rs. 161.50 crore were provisionally attached during the course of PMLA investigation : ED

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ED arrests Shree Raj Mahal Jewellers owner Ashok Goel in money laundering case

There are multiple FIRs registered against the promoters and group companies of M/s SRMJPL for cheating the banks to the tune of Rs. 232 crores

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ED arrests Jatin Chopra from Gurugram for money laundering to the tune of Rs. 329 crores

Jatin Chopra and three others had incorporated 20 shell entities and opened multiple bank accounts, which were used for the purpose of acquiring foreign currency to the tune of USD 452,31,799 on the strength of fake and forged documents such as PAN cards, Aadhaar Cards, Voter ID Cards : ED

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ED attaches properties worth Rs. 67.56 crore im money laundering case against M/s Broadsons Commodities Pvt Ltd. 

The illegal sale of sand and its mining was mainly controlled by a syndicate. Subhash Prasad Yadav and Ashok Kumar, being syndicate members, generated huge Proceeds of Crime (POC) through M/s Broad Son Commodities Private Limited : ED

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ED arrests AAP MLA Amantullah Khan in Delhi Waqf Board money laundering case

Khan was questioned by ED for six hours following which he was taken in custody : ED

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ED files chargesheet against TMC MP Shahjahan Sheikh, others in money laundering case

Shahjahan Sheikh had "created a criminal empire revolving around land grabbing, illegal fish farming/trading, grabbing brick fields, cartelisation of contracts, collection of illegal taxes/levies, commission on land deals etc." - ED

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