PMLA
ED Transfers Four Mumbai Properties Linked to Mehul Choksi in PNB Fraud Case Recovery Efforts
Nov 25, 2025 02:30 am CST
The Enforcement Directorate has transferred four Mumbai residential flats connected to Mehul Choksi to a liquidator as part of ongoing recovery efforts in the Rs 6,097.63 crore Punjab National Bank fraud case. This action adds to the Rs 2,565.90 crore in assets already seized, with proceeds intended to benefit victim banks and creditors through court-supervised auctions.
ED Freezes Rs 523 Crore in Assets of Online Gaming Firms WinZO and Gameskraft Following Money Laundering Investigation
Nov 25, 2025 01:04 am CST
The Enforcement Directorate has frozen Rs 523 crore in assets belonging to gaming companies WinZO and Gameskraft for allegedly retaining customer funds after India's real-money gaming ban. The investigation revealed potential money laundering activities, unauthorized use of algorithms, and cross-border financial diversions through shell companies, with both firms operating real-money games domestically and internationally.
ED Attaches Rs 1,452 Crore Assets in Anil Ambani's Reliance Group Bank Fraud Investigation
Nov 20, 2025 11:04 pm CST
The Enforcement Directorate has attached fresh assets worth Rs 1,452 crore in the ongoing bank fraud investigation against Anil Ambani's Reliance Group, bringing the total attached properties to Rs 8,997 crore. The case involves allegations of fund diversion, loan evergreening, and financial irregularities by Reliance Communications and related entities, with outstanding dues amounting to Rs 40,185 crore.
Enforcement Directorate Seizes Rs 1,400 Crore in Assets from Anil Ambani in Ongoing Money Laundering Investigation
Nov 20, 2025 02:35 pm CST
The Enforcement Directorate has attached additional assets worth Rs 1,400 crore belonging to Reliance Group chairman Anil Ambani in a money laundering investigation. This latest action brings the total seized assets to approximately Rs 9,000 crore, with the provisional attachment order issued under the Prevention of Money Laundering Act for properties across various regions of India.
Al Falah University Founder Arrested: Inside the Terror Financing Money Laundering Investigation
Nov 19, 2025 02:03 am CST
Enforcement Directorate arrests Jawad Ahmed Siddiqui, founder of Al Falah University, under PMLA for terror financing and money laundering. The university has links to the Delhi blast that killed 15 people, with evidence showing crores of rupees diverted to family entities through shell companies. Authorities seized cash, documents, and identified connections to terror organizations Jaish-e-Mohammed and Ansar Ghazwat-ul-Hind.
ED Seizes Dubai Properties Worth Rs 51.70 Crore in Rs 1266.63 Crore SBI Fraud Investigation
Nov 19, 2025 12:42 am CST
The Enforcement Directorate has attached nine luxury Dubai properties worth Rs 51.70 crore linked to Advantage Overseas Private Limited's Rs 1266.63 crore fraud against State Bank of India. Investigation revealed Shrikant Bhasi transferred these properties to his daughter through gift deeds to conceal proceeds of crime generated through illegal merchanting trade transactions and bank fund diversions.
Mumbai Court Frames Money Laundering Charges Against Former Maharashtra Minister Nawab Malik in Dawood Ibrahim-Linked Case
Nov 18, 2025 10:13 pm CST
A special Mumbai court has framed money laundering charges against former Maharashtra minister Nawab Malik for allegedly conspiring with Dawood Ibrahim's associates to launder assets from the Goawala Compound in Kurla. The court found sufficient evidence to proceed with trial under the PMLA despite Malik pleading not guilty. The ED arrested Malik in February 2022, and he is currently on medical bail granted by the Supreme Court.
Actor Prakash Raj Testifies in Telangana's Betting Apps Investigation: Claims Unintentional Promotion
Nov 13, 2025 12:23 am CST
Actor Prakash Raj appeared before Telangana's Special Investigation Team regarding online betting app promotions, claiming he unknowingly promoted what he thought was a gaming app in 2016. The investigation has summoned 29 celebrities including Vijay Deverakonda under the Prevention of Money Laundering Act, following arrests of illegal betting organizers across multiple states.
ED Attaches Rs 21 Crore Assets of Karnataka Congress MLA in Illegal Iron Ore Export Case
Nov 09, 2025 01:49 am CST
The Enforcement Directorate has provisionally attached Rs 21 crore worth of properties belonging to Karnataka Congress MLA Satish Krishna Sail in connection with a money laundering investigation related to illegal iron ore exports to China. The investigation revealed complex transaction layers through shell companies, with seized assets estimated at Rs 64 crore in current market value.
ED Seizes Rs 1.01 Crore and Luxury Cars in Major Human Trafficking Bust in West Bengal
Nov 08, 2025 07:58 pm CST
The Enforcement Directorate conducted raids across West Bengal, seizing over Rs 1.01 crore in cash and two luxury cars while investigating an organized human trafficking and prostitution racket. Officials discovered "plastic notes" being used within dance bars and identified several bank accounts linked to the accused, who allegedly exploited vulnerable women through false employment promises.