Latest News, Updates & Breaking Headlines
KANPUR: Enforcement Directorate (ED) is set to register a money laundering case against Ponzi scheme fraud mastermind Ravindranath Soni, who allegedly duped over 1,000 investors of Rs 970 crore across 12 countries, a source said.The agency has completed a preliminary investigation and is expected to lodge a case against Soni soon.ED officials had earlier sought…
NEW DELHI: A Delhi court on Saturday ordered the release of alleged ‘middleman’ Christian Michel James from custody in the money laundering case linked to Augusta Westland chopper case.The Rouse Avenue court was deciding on Michel’s plea seeking release on the grounds that he had completed the maximum statutory sentence of seven years prescribed in…
Actress Neha Sharma, known for films like ‘Crook’, ‘Bad Newz’, ‘Yamla Pagla Deewana 2’ and more, has been summoned by the Enforcement Directorate (ED) for questioning in a money-laundering case linked to the online betting platform.As reported by PTI, on Tuesday, the 38-year-old recorded her statement under the Prevention of Money Laundering Act (PMLA), officials…
BENGALURU: Sleuths from the Enforcement Directorate Bengaluru Zonal office arrested directors of Winzo Games Pvt Ltd, Saumya Singh Rathore and Paavan Nanda, in Bengaluru on Wednesday evening on charges of money laundering through their gaming websites. Produced before a special court for the Prevention of Money Laundering Act, the two were placed in 10 days…
NEW DELHI: It was not the sort of work that is associated with state machinery. The court of additional sessions judge Shefali Barnala Tandon (of the Patiala House courts) was convened at her residence around 3 am on Friday to remand a person accused of money laundering, Swaraj Singh Yadav, in ED’s custody. Yadav, who…
Changpeng Zhao, left, and US President Donald Trump US President Donald Trump on Thursday pardoned Binance founder Changpeng Zhao, who pleaded guilty of enabling money laundering while leading the cryptocurrency exchange.“President Trump exercised his constitutional authority by issuing a pardon for Mr Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency,”…
NEW DELHI: Enforcement Directorate has told Allahabad high court that all deposit-taking entities of Sahara group used the same set of branches of Sahara India, same set of agents and other infrastructure, including bank accounts, and that at the time of re-deposit of funds, there was no bank account transfer and only books of different…
NEW DELHI: Anil Ambani aide and senior Reliance Power executive Ashok Kumar Pal arrested by ED in money laundering probe from Delhi, officials said on Saturday.Pal was arrested on Friday night, after several hours of questioning.He will be produced before the judge today at 9.30am. The Enforcement Directorate (ED) is investigating alleged financial irregularities and…
NEW DELHI: On June 20, after protests from lawyers representing several bar associations, ED was forced to withdraw summons issued to senior advocate Pratap Venugopal in connection with a money laundering probe against Religare’s former chairperson Rashmi Saluja.Four months later, the agency has named Venugopal as one of the accused, along with Saluja, in its…
Actress Urvashi Rautela, known for films like ‘Sanam Re’, ‘Great Grand Masti’, and ‘Hate Story 4’, appeared before the Enforcement Directorate (ED) on Tuesday. Rautela was reportedly called in connection with a money laundering case linked to the online betting platform ‘1xBet’, where she serves as the India ambassador. As reported by PTI, the platform…
