hawala operations
Delhi High Court Rules Illegal Betting Profits as 'Proceeds of Crime' Under PMLA
Nov 26, 2025 03:19 pm CST
The Delhi High Court has ruled that profits from illegal betting constitute "proceeds of crime" under the Prevention of Money Laundering Act when funded by tainted money, regardless if betting itself isn't a scheduled offence. This landmark judgment strengthens the Enforcement Directorate's ability to pursue cases where illegal funds are diverted into various activities, potentially expanding PMLA's reach.
Dubai Arrests Mastermind Behind ₹2,500 Crore Drug Network: Pawan Thakur Faces Deportation to India
Nov 25, 2025 06:07 pm CST
Pawan Thakur, the alleged mastermind behind an ₹2,500 crore cocaine trafficking operation, has been arrested in Dubai and faces deportation to India. Authorities link him to multiple drug seizures and a sophisticated money laundering network spanning multiple countries, with investigations revealing he used cryptocurrency and shell companies to conceal illicit proceeds worth over ₹681 crore.
NIA Files Charges Against 8 More in 2020 Pakistan-India Narco-Terror Network Financing LeT
Oct 08, 2025 02:25 am CST
The National Investigation Agency has filed charges against eight more individuals in a 2020 transnational narco-terror case involving smuggling 500kg of heroin from Pakistan to Gujarat and Punjab. The operation, orchestrated by conspirators based in Italy, Australia, and India, was designed to finance Pakistan-based terrorist organization Lashkar-e-Taiba through an international network spanning multiple countries.