Stay updated
The Enforcement Directorate, Itanagar, conducted search operations across multiple states, including Telangana, on Sept 11, uncovering an Input tax credit (ITC) fraud worth approximately Rs. 700 crore.
The Enforcement Directorate (ED) on Thursday carried out search operations across Arunachal Pradesh, Haryana, Delhi, Tamil Nadu and Telangana in connection with a massive fake Input Tax Credit (ITC) scam worth around Rs. 650 crore, officials said.
The Enforcement Directorate (ED) on Friday said its preliminary probe into a multi-crore pan-India alleged fake input tax credit (ITC) fraud has found that “big MNCs” were benefiting from these illegal transactions.
An ED investigation into a gold-smuggling racket being operated across the India-China LAC has found that more than 1,000 kg of the yellow metal worth Rs 800 crore was illegally brought to India with the alleged involvement of a Chinese, some Tibetans and locals in 2023 and 2024.
The Enforcement Directorate (ED) is conducting searches at 12 locations across Jharkhand, West Bengal, and Maharashtra in connection with an ongoing investigation under the Prevention of Money Laundering Act, 2002.
Two chartered accountants and a cryptocurrency trader have been arrested here in a money laundering investigation linked to a cyber fraud case of Rs 640 crore, the Enforcement Directorate said Wednesday. A fourth person, the brother of another “absconding” CA whose farmhouse was raided on November 28 by the federal agency as part of this probe, has been arrested by the police for “attacking” the ED search party in the Bijwasan area of southwest Delhi that day.
In a unique case of trade-based money laundering, the Enforcement Directorate (ED) has unearthed an organised syndicate that allegedly managed a one-stop shop for undervalued imports from China for a large number of domestic traders, people familiar with the development said, adding that it has identified illegal remittances of over ₹4,800 crore so far.
Dilip B R, a conman allegedly involved in a series of financial crimes, was arrested by the Directorate of Enforcement (ED) on November 18, 2024, officials said on Monday. The arrest was made under the Prevention of Money Laundering Act (PMLA), 2002, following an investigation into his involvement in multiple fraudulent activities, including bank loan fraud, identity theft, and tax refund scams.
The Enforcement Directorate on Thursday conducted multi-city searches in Gujarat in connection with a money laundering case linked to a GST “fraud” in which eight people, including a journalist, were arrested recently by the state police, official sources said. About 23 premises in cities of Rajkot, Junagadh, Ahmedabad, Bhavnagar and Veraval were being raided by the federal agency after a case was filed under the Prevention of Money Laundering Act (PMLA), the sources said. Premises linked to arrested journalist Mahesh Langa, who works with The Hindu newspaper, were also being covered.
The Central Bureau of Investigation (CBI), arrested an assistant director of the Enforcement Directorate (ED) while he was allegedly extorting ₹20 lakh from a Mumbai-based jeweller, people familiar with the development said.