The Enforcement Directorate has intensified its investigation into an alleged multi-state chit fund and financial fraud case involving more than ₹2,000 crore, freezing 182 bank accounts and seizing over ₹1 crore in cash during searches at locations in Visakhapatnam and Hyderabad. The agency said the searches were carried out on August 5 by its Bhubaneswar...
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...