money laundering
ED Attaches Rs 40 Crore Assets in MUDA Land Scam Investigation: Key Developments in Mysuru Corruption Case
Oct 06, 2025 05:15 pm CST
The Enforcement Directorate has attached 34 properties worth Rs 40.08 crore in the Mysuru Urban Development Authority scam investigation. Former MUDA Commissioner G.T. Dinesh Kumar allegedly accepted bribes for illegal site allocations, with total seized assets now exceeding Rs 440 crore. The investigation reveals a systematic network of corruption involving officials and real estate operators in Karnataka.
Celebrity Deepfakes Fuel Multi-Million Dollar Instagram Scam Operation in Brazil
Oct 04, 2025 01:01 pm CST
Brazilian authorities have uncovered a sophisticated scam operation using AI-generated deepfakes of supermodel Gisele Bundchen and other celebrities on Instagram, resulting in $3.9 million in fraudulent gains. The cybercrime operation marks one of Brazil's first major crackdowns on AI-powered celebrity impersonation scams, highlighting the growing threat of deepfake technology in digital fraud schemes.
ED and Income Tax Department Join Assam Police Investigation into Zubeen Garg Death Case and Financial Crimes
Oct 04, 2025 02:14 am CST
The Enforcement Directorate and Income Tax Department are joining Assam Police in investigating alleged financial crimes by event manager Shyamkanu Mahanta, who is implicated in the death of cultural icon Zubeen Garg. Authorities have uncovered multiple PAN cards, unauthorized stamp seals, and documents suggesting extensive benami property acquisition. The investigation also revealed a 20-year-old financial irregularity involving a Rs 14-crore loan for non-existent call centers during Mahanta's tenure at NEDFi.
ED Conducts FEMA Raids at Reliance Infrastructure Locations Over Alleged Illegal Foreign Remittances
Oct 01, 2025 12:52 am CST
The Enforcement Directorate has conducted searches at six locations linked to Anil Ambani's Reliance Infrastructure in Maharashtra and Madhya Pradesh as part of a FEMA investigation into alleged illegal foreign remittances. The company claims the matter dates back 15 years and involves a domestic highway contract with no foreign exchange component, while asserting the raids have not impacted business operations or stakeholders.
Actor Urvashi Rautela Questioned by Enforcement Directorate in 1xBet Illegal Betting App Investigation
Sep 30, 2025 04:32 pm CST
Actress Urvashi Rautela appeared before the Enforcement Directorate in Delhi for questioning related to the 1xBet illegal betting app investigation. The ED is probing money laundering allegations and celebrity endorsements of the banned platform, with several prominent cricketers and actors also summoned for questioning. The investigation is part of a larger crackdown on offshore betting platforms operating illegally in India.
Chinese Fraudster Convicted in UK's Largest Bitcoin Money Laundering Case: $6.7 Billion Cryptocurrency Scheme Exposed
Sep 30, 2025 01:57 pm CST
Zhimin Qian, a 47-year-old Chinese national, has been convicted in London for orchestrating a massive cryptocurrency fraud worth $6.7 billion. After defrauding over 128,000 investors in China between 2014-2017, she converted the stolen funds into 61,000 bitcoins to hide their origins. Following a seven-year international investigation, authorities have finally brought the so-called "goddess of wealth" to justice, marking one of history's largest cryptocurrency-related criminal cases.
Enforcement Directorate Charges Raj Kundra with Possessing 285 Bitcoins Worth Rs 150 Crore in Cryptocurrency Fraud Case
Sep 27, 2025 03:35 pm CST
The Enforcement Directorate has filed a chargesheet against businessman Raj Kundra for allegedly possessing 285 Bitcoins worth Rs 150.47 crore received from crypto-scam mastermind Amit Bhardwaj. Despite claiming to be just a mediator, the ED asserts Kundra is the beneficial owner who has concealed wallet addresses and attempted to disguise the funds' criminal origin through transactions with his wife, actress Shilpa Shetty. The case relates to a larger Bitcoin Ponzi scheme that promised investors returns through mining operations that never materialized.
Maiank Mehta Granted Pardon in PNB Fraud Case: Nirav Modi's Brother-in-Law Turns Approver
Sep 27, 2025 11:20 am CST
Nirav Modi's brother-in-law Maiank Mehta has been pardoned by a special court in the Punjab National Bank fraud case, becoming an approver who must provide full disclosure about the Rs 13,000 crore scam. The British citizen voluntarily returned to India in 2021 to assist investigations into one of India's largest banking frauds.
Indian-Origin Doctor Sentenced to 14 Years for $2.4 Million Healthcare Fraud and Illegal Oxycodone Distribution
Sep 27, 2025 12:40 am CST
An Indian-origin physician, Neil K Anand, has been sentenced to 168 months in prison after orchestrating a complex $2.4 million healthcare fraud involving medically unnecessary "Goody Bags" of prescriptions and illegal oxycodone distribution. The Pennsylvania doctor must also pay over $4 million in restitution and forfeiture after attempting to hide proceeds through family accounts.
ED Raids BC Jindal Group: Investigating Rs 505 Crore FEMA Violations and Overseas Fund Diversion
Sep 25, 2025 10:22 pm CST
The Enforcement Directorate has conducted raids at 13 locations linked to the BC Jindal Group over suspected FEMA violations. Investigators allege that firms owned by the Jindal family remitted Rs 505.14 crore to their Dubai-based entity as part of a complex financial operation involving multiple countries. The probe centers on alleged round-tripping of funds, manipulation of valuation reports, and diversion of investors' money through entities across various international jurisdictions.