fake companies
Mumbai Bullion Trader Arrested in Rs 3,500-Crore Andhra Pradesh Liquor Scam Money Laundering Investigation
Dec 03, 2025 09:01 pm CST
The Special Investigation Team has arrested Mumbai bullion trader Anil Chokhara for allegedly laundering Rs 78 crore through 35 fake companies in the Rs 3,500-crore Andhra Pradesh liquor scam. His arrest establishes a direct money trail connecting the illegal proceeds to the main accused, potentially revealing high-profile political beneficiaries from the previous YSRCP government.
Delhi Police Dismantle International Cybercrime Network Operating Across 12 Indian States
Oct 31, 2025 08:36 pm CST
Delhi Police have arrested five individuals, including a bank official, who were part of a sophisticated cybercrime operation controlled from Dubai. The syndicate created fake companies and bank accounts to launder money from victims across India, eventually converting funds to cryptocurrency to avoid detection. Investigations revealed connections to 52 fraud cases spanning 12 states, with operations directed by an overseas handler identified as "Tom."