In one of the largest recent anti-smuggling operations at Hyderabad’s international airport, Customs authorities have seized gold valued at approximately ₹33.6 crore during a series of inspections and intelligence-led enforcement actions. The operation highlights the growing challenge posed by organized gold smuggling networks attempting to exploit international air travel routes to illegally transport precious metals...
A dangerous cyber fraud known as the “Boss Scam” has once again exposed the growing risks facing businesses in the digital age. Cybercriminals allegedly duped employees of two companies into transferring nearly ₹3.5 crore after gaining access to their communication systems through a malicious ZIP file sent via WhatsApp. According to authorities, the fraud began...
In a significant development in the ongoing ₹200 crore money laundering case, the Supreme Court has allowed Bollywood actor Jacqueline Fernandez to withdraw her petition challenging proceedings initiated against her under the Prevention of Money Laundering Act (PMLA). The decision marks another key legal milestone in a high-profile case that has drawn widespread public attention...
In one of the largest coordinated actions against cybercrime in recent years, the Central Bureau of Investigation (CBI) carried out extensive search operations across multiple states and Union Territories, targeting suspected cybercriminal networks involved in a range of sophisticated online fraud schemes. The operation covered 80 locations spread across 16 states and Union Territories, reflecting...
In a significant development in a high-profile financial fraud investigation, the Central Bureau of Investigation (CBI) has arrested Haryana-cadre IAS officer Pankaj Aggarwal in connection with an alleged banking scam involving approximately ₹504 crore. The arrest marks a major step in an ongoing probe into suspected financial irregularities and fraudulent transactions linked to a large-scale...
The Central Bureau of Investigation (CBI) has initiated a major probe into an alleged bank fraud involving a Mumbai-based company accused of causing a financial loss of ₹62.42 crore to a public sector bank. The case marks another significant action by investigative authorities against suspected corporate fraud and financial misconduct in the banking sector. According...
In a significant achievement for India’s international financial and diplomatic engagement, senior Indian official Vivek Aggarwal has been appointed as the Vice President of the Financial Action Task Force (FATF), marking the first time an Indian representative has been elected to the prestigious leadership position within the global watchdog organization. The appointment is being viewed...
In a major action against alleged financial fraud and cyber-enabled investment scams, the Enforcement Directorate (ED) has frozen assets worth ₹18.4 crore spread across 129 bank accounts as part of an ongoing investigation into a suspected online investment fraud network. The operation marks a significant escalation in efforts by authorities to trace illicit financial flows...
In a significant move against organized narcotics crime and illicit financial networks, the Enforcement Directorate (ED) carried out coordinated search operations across three states as part of an ongoing investigation into an alleged drug trafficking and money laundering racket involving approximately ₹142 crore. The large-scale operation marks a major escalation in efforts to dismantle criminal...
The Enforcement Directorate (ED) on Thursday launched a series of coordinated raids across multiple locations in West Bengal as part of an ongoing investigation into alleged financial irregularities and suspected money laundering activities linked to former Kolkata Police Deputy Commissioner Debasish Dhar, widely known by the nickname “Sona Pappu.” According to officials familiar with the...