Search For "bank fraud"
ED files prosecution complaint under PMLA against Laxmi Corrugated
Updated : 2 years, 5 months ago IST
The Directorate of Enforcement (ED) has filed prosecution complaint under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 against Laxmi Corrugated, its partners Dinesh Kumar Tripathi and Mrs. Radha Dinesh Kumar, Vishal Kumar, the then Bank Manager Indian Bank and two ot
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CPM state secretary Govindan making mockery of himself by justifying Karuv
Updated : 2 years, 5 months ago IST
Kerala BJP president K Surendran on Friday said that Communist Party of India (Marxist) state secretary MV Govindan is making a mockery of himself by publicly defending the Karuvannur bank fraud alleging that the fraud has been committed by the top leaders of the CPM.
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Kerala: ED arrests two in connection with Thrissur's Karuvannur bank fraud
Updated : 2 years, 6 months ago IST
The two accused identified as Benami client Sathish Kumar and Kiran P P, who was the bank's collection agent, were arrested on Monday, the ED said. They were later produced in the Kaloor PML court.
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Karnataka: ED attaches properties worth Rs 105.5 crore in Bank fraud case
Updated : 2 years, 6 months ago IST
ED provisionally attaches properties worth Rs 105 crore of Bharath Infra Exports and Imports Ltd.
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Jet Airways founder Naresh Goyal sent to ED custody till September 11
Updated : 2 years, 6 months ago IST
"ED has arrested Naresh Goyal, ex-Chairman of Jet Airways (I) Ltd. on 1.09.2023 under the provisions of PMLA, 2002 in Rs 538 Crore Canara bank fraud case. He was produced before the Hon’ble PMLA Special Court, Mumbai, and the Hon’ble Court has granted ED custody for 10 days,"
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ED arrests Jet Airways founder Naresh Goyal in bank fraud case in Mumbai
Updated : 2 years, 6 months ago IST
Goyal was taken into custody under the Prevention of Money Laundering Act (PMLA) following a long session of questioning at the central agency's office in Mumbai.
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ED arrests MD of Topworth Group Abhay Lodha in bank fraud case
Updated : 2 years, 6 months ago IST
The MD of Topworth Group, Abhay Narendra Lodha, was arrested by the Enforcement Directorate (ED) after the ED conducted search operations at 12 locations in connection to Bank Fraud. The arrest was made on Monday and during the search operations, details of undisclosed properties and compani
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ED arrests one person in bank fraud case; accused remanded in custody till
Updated : 2 years, 6 months ago IST
The Enforcement Directorate (ED) said on Monday that it has arrested a person under the provisions of the Prevention of Money Laundering Act (PMLA) in a case connected to a bank fraud amounting to Rs 700 crore against RP Infosystems Ltd.
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ED searches 5 locations in Kerala in connection with Thrissur's Karuvannur
Updated : 2 years, 6 months ago IST
The Enforcement Directorate (ED) carried out search operations at 5 locations in Kerala in connection with the alleged 200-crore bank fraud in Thrissur’s Karuvannur Cooperative Bank under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA), said officials on Wednes
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CBI registers case against Kolkata-based Visa Power Ltd for Rs 1964 cr ban
Updated : 2 years, 6 months ago IST
The Central Bureau of Investigation (CBI) has registered a case against Kolkata based-Visa Power Ltd for allegedly defrauding a consortium of 14 banks by siphoning and diversion of funds to the tune of Rs 1964 crores.
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ED concludes 22-hr raid at former Kerala minister's residence; says 'no re
Updated : 2 years, 6 months ago IST
After completing the search, ED informed that "no records were found that linked him to the fraud."
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CBI registers fresh FIR against GTL Infrastructure Ltd for alleged bank fr
Updated : 2 years, 6 months ago IST
This FIR, which follows an earlier one filed in January 2023, alleges that the company, along with unknown public servants, was involved in defrauding a consortium of banks to the staggering tune of Rs 4,760 crores.
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