ED Uncovers Rs 50 Crore Human Hair Export Scam: Raids Across Three States Target Nagaland Firms

Nov 06, 2025 08:05 pm CST

The Enforcement Directorate has conducted raids across Nagaland, Assam, and Tamil Nadu, investigating an alleged Rs 50 crore scam involving Imsong Global Suppliers. The company claimed to export human hair to Tunisia and Italy but failed to provide required documentation for foreign transactions, violating FEMA regulations. Investigators found suspicious fund transfers between multiple companies with no evidence of actual business transactions.