ED

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ED Provisionally Attaches Immovable And Movable Properties Under PMLA 2002

Directorate of Enforcement (ED) has provisionally attached various immovable and movable properties having book value of Rs. 2.14 Crore of Devki Nandan Garg, Ashok Kumar Goel, Mahesh Kumar, Devender Kumar & other entry operators and R.N. Saraf and Ramesh Goyal, Chartered Accountants of Devki Nandan Garg under the Prevention of Money Laundering Act (PMLA), 2002 …

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ED Conducts Search Operation Under PMLA 2002

Directorate of Enforcement (ED) has conducted a search operation on 06.06.2022 under PMLA, 2002 at the premises of Satyendar Kumar Jain/Poonam Jain, and his accomplices and other persons who had either directly or indirectly assisted him or participated in the processes of money laundering namely, Ankush Jain, Vaibhav Jain, Naveen Jain & Siddharth Jain (Directors …

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ED Files Prosecution Compliant in Money Laundering Case

Directorate of Enforcement (ED) has filed a Prosecution Complaint against 8 accused persons/entities including M/s DJN Commodities and others wherein Cognizance has been taken by the Special PMLA Court, Ranchi on 07.06.2022. ED had initiated money laundering investigation against M/s DJN Commodities and its Proprietors Late Jitendra Mohan Sinha & Vishal Kumar Sinha on the …

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ED Attaches Movable And Immovable Assets in Cheating & Bank Fraud Case

Directorate of Enforcement (ED) has provisionally attached movable and immovable assets to the tune of Rs. 24.39 Crore belonging to M/s Sanskar Group, a proprietorship concern of Manish Sharma, Navin Beri, his partnership firm M/s Lavanya Travels and Arvind Chadha, in connection with its probe for the offence of money laundering initiated against them. The …

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ED is Auctioning Properties Including Nirav Modi’s Flat

The Enforcement Directorate (ED) has started the legal process for auctioning the properties of fugitive diamantaire Nirav Modi. Under this, the process of auctioning three flats worth 110 crores in his Worli-based Samudra Mahal, a flat in Breach Candy, Nirav Modi’s Alibaug bungalow, a wind mill and a solar power project has been started. Let …

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ED Conducts Searches Under PMLA 2002

Directorate of Enforcement (ED) has conducted searches at the residential and official premises of Subhra Jyoti Bharali, the then Managing Director of Industrial Cooperative Bank Limited (ICBL), under the Prevention of Money Laundering Act (PMLA), 2002. ED initiated money laundering investigation against Subhra Jyoti Bharali and others, on the basis of FIR registered by the …

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ED Provisionally Attaches Assets Under PMLA 2002

Directorate of Enforcement has provisionally attached assets worth Rs.1.91 Crore of Sanjeev Kumar, Puja Shrivastav and others, under the Prevention of Money Laundering Act (PMLA), 2002 in a fake degree certificate case of “Techno Global University, Shillong”. The attached assets are in the form of balance in Bank Accounts, Fixed Deposits, Mutual Funds and Immovable …

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ED Attaches Bank Accounts Of PFI in Money Laundering Case

The Enforcement Directorate (ED) on Wednesday said that it has attached Rs 68.62 lakh of money laundering charges belonging to Islamic outfit PFI and its forward organization Rihab India Foundation. The investigating agency has attached 33 bank accounts of these two organisations. ED gave this information by issuing a statement. The amount in these accounts is more …

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ED Arrests A Person in Illegal Coal Mining Case Under PMLA 2002

Directorate of Enforcement has arrested Shri Gurupada Maji in the case related to illegal coal mining under section 19(1) of the PMLA, 2002 on 26/5/2022. He was produced before Honorable Rouse Avenue court (Delhi) today & the honorable court has granted 7 days ED custody. He is one of the partners of Shri Anup Majee …

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ED Issues Provisional Attachment Order in Bank Fraud Case

Directorate of Enforcement (ED) has issued the Provisional Attachment Order on 22.02.22 for attachment of immovable properties of M/s Nipko Engineering Services Pvt Ltd. amounting to Rs.62.70 Crore in a Bank fraud case. ED initiated money laundering investigation in the year 2020 on the basis of FIR registered by CBI, ACB Pune, wherein a complaint …

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ED Arrests Company’s Director in A Bank Fraud Case Under PMLA 2002

Directorate of Enforcement (ED) has arrested Ashok Kumar Mittal, Director of M/s. Mahesh Timber Private Limited, Karnal, Haryana on 23.05.2022 in a bank fraud case under the Prevention of Money Laundering Act (PMLA), 2002. ED initiated money laundering investigation on the basis of FIR registered by CBI, New Delhi for criminal conspiracy, cheating, forgery and …

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ED Conducts Search Under FEMA 1999

Directorate of Enforcement (ED) recovered forex worth Rs. 1.53 Crore by conducting personal search of a person at Kolkata Airport under Foreign Exchange Management Act, 1999 (FEMA). The search was conducted on the basis of Information received from the Airport Intelligence Unit, NSCBI Airport, Customs Kolkata on the night of 21.05.2022 that a passenger has …

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ED Attaches Immovable Assets Under PMLA 2002

Enforcement Directorate (ED) has provisionally attached immovable assets in the form of land ad-measuring 3,39,984.2 square meters (valued at approx. Rs 185 crores as per govt. rates) and movable assets amounting to Rs.7,51,78,480/- in the form of bank balances belonging to M/s DDPL Global Infrastructure Private Limited (DDPL), M/s Unicorn Infraprojects and Estates Private Limited …

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ED Arrests Six Persons Under PMLA 2002

Directorate of Enforcement (ED) has carried out search operations at 11 premises linked to Bangladesh nationals namely Proshanta Kumar Halder, Pritish Kumar Halder and their associates across the state of West Bengal. Proshanta Kumar Halder has been nabbed along with his 5 other associates during these searches. Proshanta Kumar Halder was found in the disguised …

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Breaking: ED Seizes Fixed Deposits Worth 133.17 Crore in Illegal Mining Case

Directorate of Enforcement (ED) has carried out search operations at various offices and residential premises of Jitendra Nath Patnaik and related entities at Joda, District- Keonjhar and Bhubaneswar under Prevention of Money Laundering Act (PMLA), 2002. Jitendra Nath Patnaik, Ex-MLA, Champua Constituency, Odisha has allegedly derived undue pecuniary advantage by way of illegal mining without …

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ED Conducts Searches in Money Laundering Case

Directorate of Enforcement (ED) has conducted searches at four premises based at Bhopal (Madhya Pradesh) & Goa in a Money Laundering Case registered against Sanjay Vijay Shinde. Name of Sanjay Vijay Shinde figured in the Panama Paper Leaks, wherein, names of various individuals were revealed who had beneficial interests in various offshore entities. Sanjay Vijay …

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ED Files Two Prosecution Complaints Under PMLA 2002

Enforcement Directorate (ED) has filed a Supplementary Prosecution Complaint against 2 leaders of the Popular Front of India (PFI) under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA) before the Hon’ble Special PMLA Court, Lucknow with a prayer for awarding punishment to the accused. Cognizance of the offence of money laundering has …

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ED Attaches Assets in A Case Of Criminal Misconduct By Public Servant

Enforcement Directorate (ED) has provisionally attached assets worth Rs 1.28 Crore belonging to Upendra Nath Mandal and his wife Supriti Mandal in a case of criminal misconduct by a public servant. The attached assets include immovable properties in the form of one Residential Duplex apartment in Kolkata and one car belonging to Supriti Mandal. ED …

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ED Arrests BSF Commandment in A Money Laundering Case

Directorate of Enforcement (ED) has arrested Satish Kumar (the then commandment, 36- Battalion, BSF) in a money laundering case related to cattle smuggling at Indo-Bangladesh International Border. He had received Proceeds of Crime (POC) of Rs 12.8 Crore from Md Enamul Haque in the accounts of his wife & his father in law. This Proceeds …

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ED Attaches Assets Worth 5.54 Crore Under PMLA 2022

Directorate of Enforcement (ED) has provisionally attached assets worth Rs. 5.54 Crore under the Prevention of Money Laundering Act (PMLA), 2002 in connection with a case registered against Ranjit Gogoi, the then Director of Information and Public Relation, Assam, and different private companies, for misappropriation of money of Government of Assam. ED initiated money laundering …

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Breaking: ED Attaches Assets Worth 757.77 Crore Of A Company Accused Of Running Multi-Level Marketing Scam

Enforcement Directorate (ED) has provisionally attached assets worth Rs.757.77 Crore belonging to M/s. Amway India Enterprises Private Limited, a company accused of running a multi-level marketing scam. The attached properties include land and factory building of Amway at Dindigul District, Tamil Nadu, Plant & Machineries, vehicles, bank accounts and fixed deposits. ED had provisionally attached …

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ED Issues Summons To Former Xiaomi India MD Manu Kumar Jain

The Enforcement Directorate (ED) has summoned former Xiaomi India Managing Director Manu Kumar Jain to appear. According to the report, Jain is to appear before the ED at 11 am. The ED had earlier issued summons to him and asked him to appear. Explain that the ED wants to ensure whether the business of the company is …

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ED Attaches Assets Worth Rs 57.45 Crore Of Atlas Jewellery Pvt Ltd

The Enforcement Directorate has attached assets worth Rs 57.45 crore of Atlas Jewellery Pvt Ltd and its directors MM Ramachandran and Indira Ramachandran in the Rs 242 crore bank loan fraud case. According to the ED, this fraud took place between 2013 and 2018. ED officials said on Saturday that the attached assets include gold, …

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Breaking: ED Attaches Assets in Bank Loan Fraud Case

The Enforcement Directorate (ED) has taken a major action in the bank loan fraud case. Under this, properties worth crores of rupees have been attached. According to a report released in this regard, the ED has accused Atlas Jewelery Pvt Ltd and its directors of fraud in loans taken from the bank. Between 2013 and …

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Big Fraud Caught: ED Attaches Assets Worth Rs 409.92 Crore Of M/s Future Gaming & Hotel Services Pvt. Ltd.

Big Fraud Caught: ED Attaches Assets Worth Rs 409.92 Crore Of M/s Future Gaming & Hotel Services Pvt. Ltd.

Enforcement Directorate (ED) has provisionally attached movable assets worth Rs.409.92 Crore in the case against M/s. Future Gaming & Hotel Services Pvt. Ltd. & its various sub-distributors/area-distributors. The attached assets are in the form of balance in Bank Accounts and Mutual Fund Holdings. ED initiated money laundering investigation against M/s Future Gaming and its Sub …

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ED Attaches Assets Under Prevention Of Money Laundering Act (PMLA)

ED Attaches Assets Under Prevention Of Money Laundering Act (PMLA)

Directorate of Enforcement (ED), has provisionally attached Immovable and Movable properties valued at Rs. 4.04 Crore belonging to Chandrama Prasad Singh @ Tuntun Singh, his family members and others under the of Prevention of Money Laundering Act (PMLA), 2002. Chandrama Prasard Singh S/o- Shri Baleshwar Prasad Singh, R/o- Nandlal Chapra, Post- Manoharpur Kacchuwara, PS- Ramkrishana …

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ED Attaches Assets Worth 31 Crores Of Pushpanjali Infratech in A Fraud Case

ED Attaches Assets Worth 31 Crores Of Pushpanjali Infratech in A Fraud Case

On Wednesday, the Enforcement Directorate (ED) took major action. In this regard, the ED has attached immovable assets worth Rs 31.15 crore of Pushpanjali Realms and Infratech Limited based in Uttarakhand and the wife of its director Rajpal Walia. According to a report issued in this regard, the Enforcement Directorate has taken this action in …

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Enforcement Directorate Attaches Assets Worth More Than One Crore Of 2 Businessmen

Enforcement Directorate Attaches Assets Worth More Than One Crore Of 2 Businessmen

The Enforcement Directorate, taking action against two big businessmen of Gujarat, has attached their properties worth Rs 1.04 crore. This action has been taken under the Prevention of Money Laundering Act. Giving information on Tuesday, the ED said that these traders had allegedly sold fake injections of Remdesivir last year during the second wave of …

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Chartered Accountant Arrested For Blindly Signing Balance Sheets And Issuing Bogus Form 15CB

Enforcement Directorate has arrested Ravi Kumar, Chartered Accountant, M/s HAR Associates, New Delhi on 27.11.2021 in a case of laundering of 1100 Crore to Hong Kong, SAR, China by sending Foreign Outward Remittances from select Bank branches of SBI and SBM at Mumbai by using forged Air Way Bills (AWBs) and fabricated Cloud CCTV Storage …

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