Money-Laundering Scams

Customs officials at Pune Airport seized $400,100 (Rs 3.47 crore) in US currency from three students returning from Dubai on February 17. The students were allegedly being used as carriers …

Ali Amjad, 42, was sentenced to three years in prison for orchestrating a sophisticated payment diversion fraud scheme that defrauded businesses of over £500,000 during the COVID-19 pandemic lockdown. Amjad …

Shweta Khan, also known as Fultusi, the main accused in the Howrah sex racket case, has now been charged with fraud, after police discovered multiple identity documents in her possession …

The Enforcement Directorate (ED) on Saturday arrested Viresh Gangaram Joshi, the former Chief Dealer of Axis Mutual Fund, for his alleged involvement in a massive Rs 200 crore front-running scam. …

Hyderabad Police have arrested 31-year-old Chikkala Santosh Kumar, a native of Nizamabad district, for supplying bank accounts and manpower to cyber fraudsters operating out of Cambodia. Santosh is linked to …

In a major breakthrough in the Rs560 crore Karnala Nagari Sahakari Bank fraud case, the Enforcement Directorate (ED) has restituted immovable assets valued at Rs386 crore to the Competent Authority …

SYDNEY, AUSTRALIA — Bing ‘Michael’ Li Zhouayo, 38, has been arrested in Barangaroo as one of the alleged ringleaders of a sophisticated fraud syndicate that defrauded banks out of millions. …

A woman doctor from Gandhinagar has fallen victim to a sophisticated digital arrest scam, losing an astonishing Rs19.25 crore over a span of three months. The elaborate con took place …

The Enforcement Directorate (ED) has arrested siblings Chirag Shah and Chintan Shah in connection with a high-profile money laundering investigation linked to the FairPlay app, a platform allegedly used for …

In a significant development in a growing digital fraud case, Rajasthan cyber police arrested 23-year-old Rehan Makandar from Goa for his involvement in a Rs23.56 lakh scam. The accused allegedly …