money laundering investigation
Enforcement Directorate Conducts Massive Raids Across West Bengal in Multi-Crore Coal Smuggling Investigation
Nov 21, 2025 08:01 pm CST
The Enforcement Directorate launched extensive search operations across West Bengal, investigating a major coal smuggling operation involving illegal mining, transportation, and storage. Over 100 officials raided 24 locations in Kolkata, Howrah, and Asansol, targeting coal traders and mining contractors. The operation aims to address significant government revenue losses estimated at hundreds of crores of rupees from coal theft.
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.
Exposed: Rs 40 Crore IPO Scam Operation Uncovered by ED in Mumbai with 400 Fake Bank Accounts
Nov 04, 2025 11:12 pm CST
The Enforcement Directorate has uncovered a massive Rs 40 crore IPO scam in Mumbai involving Varanium Cloud Ltd. The company fraudulently raised funds claiming to build digital learning centers but instead diverted money through a complex network of over 400 mule bank accounts and 200 SIM cards. The sophisticated "pump and dump" scheme used false promises, forged documents, and shell companies to artificially inflate stock prices before dumping shares, causing significant losses to genuine investors.
ED Conducts Widespread Raids Across West Bengal Targeting Illegal Sand Smuggling Network
Oct 16, 2025 04:16 pm CST
The Enforcement Directorate (ED) executed coordinated raids across multiple locations in West Bengal on Thursday, targeting individuals and businesses allegedly involved in illegal sand smuggling operations. Officials searched premises in Kolkata, Jhargram, and Asansol, examining financial records and properties linked to sand trader Manish Bagadia and businessman Sourav Roy as part of an ongoing money laundering investigation.
ED Seizes Rs 2.25 Crore Cash and Foreign Currency in Major Crackdown on Goa Casino Operations
Sep 30, 2025 06:16 pm CST
The Enforcement Directorate has conducted multi-state raids against a Goa-based casino network, seizing over Rs 2.25 crore in cash and Rs 8.5 lakh in foreign currency. The investigation uncovered illegal financial operations including cryptocurrency transactions, foreign currency exchanges, and the use of mule accounts to transfer gambling winnings abroad, all under FEMA violations.