Search For "financial crime"
Industrialist Anil Ambani skips ED summon in money laundering case
Updated : 2 weeks, 1 day ago IST
Ambani was asked by ED to appear before the agency today.
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ED Director to reach Chennai today for three-day review of ongoing investi
Updated : 2 weeks, 2 days ago IST
The review comes at a time when multiple cases involving alleged money laundering, financial fraud, illegal foreign exchange transactions and proceeds of crime are at crucial stages, either under active investigation or pending before special courts under the Prevention of Money Launderin
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FATF warns of rising cyber-enabled fraud and widening money laundering, te
Updated : 2 weeks, 3 days ago IST
According to the FATF's latest publication, Cyber-Enabled Fraud -- Digitalisation and Money Laundering, Terrorist Financing and Proliferation Financing Risks, fraud has become "one of the most widespread and damaging profit-motivated forms of crime, generating large volumes of illicit procee
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Assam: 34th Quarterly Conference of Zonal Officers (QCZO) of Enforcement D
Updated : 2 weeks, 5 days ago IST
According to an official release, the three-day conference was chaired by the Director, ED, and attended by all Special Directors, Additional Directors, Joint Directors, Deputy and Assistant Legal Advisors, and other senior officers from Headquarters and field formations.
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Central Bureau of Investigation launches Operation CyStrike, arrests key o
Updated : 1 month, 1 week ago IST
Central Bureau of Investigation launched Operation CyStrike with Federal Bureau of Investigation and other countries, carried out searches across multiple Indian states, dismantled cyber fraud networks, seized digital evidence and cash, and arrested key operative Pfokrehrii Peter, disrupting
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ED freezes Rs 192 crore assets possessed by ZO Games in money laundering c
Updated : 2 months, 1 week ago IST
The Enforcement Directorate (ED) has frozen worth around Rs 192 crores in the form of bank balances, Fixed Deposit Receipts (FDRs), and mutual funds possessed by ZO Games Pvt Ltd, a fully owned Indian subsidiary of Winzo Pvt Ltd, during a search operation in connection with a money launde
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Kerala: Three arrested for Rs 9 lakh gold sale fraud in Kozhikode
Updated : 2 months, 1 week ago IST
The Kerala Police have arrested three individuals for allegedly cheating a man of Rs 9 lakh by luring him with a fake promise of selling pledged gold in Kozhikode district, said officials on Thursday.
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Financial Fraud Risk Indicator helps prevent cyber fraud losses worth Rs 6
Updated : 2 months, 3 weeks ago IST
FRI, it said, underscored the growing impact of coordinated inter-agency action and citizen participation in combating digital financial crimes. Launched on May 22, 2025, FRI is being implemented through DoT's Digital Intelligence Platform (DIP)
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China executes financer on graft charges
Updated : 3 months ago IST
The execution was carried out on Tuesday by a court in north China's Tianjin Municipality, following the approval of the Supreme People's Court, as per Xinhua.
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Indian banks accelerating AI adoption for financial crime compliance: Repo
Updated : 3 months ago IST
The Indian banks are rapidly integrating machine learning models into Financial Crime Compliance (FCC) operations amid rising fraud and regulatory scrutiny, making the traditional rule-based systems inadequate.
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Gujarat: ED conducts 33rd Quarterly Conference of Zonal Officers (QCZO)
Updated : 3 months, 1 week ago IST
The Directorate of Enforcement (ED) conducted its 33rd Quarterly Conference of Zonal Officers (QCZO) on December 5 and 6 in Kevadia, Gujarat. The two-day conference was chaired by the Director, ED, and attended by all Special Directors, Additional Directors, Joint Directors, and Deputy/ A
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Agentic AI can improve detection of finance-related crimes, sector current
Updated : 3 months, 3 weeks ago IST
Despite rising investments in compliance, the financial industry is detecting only 2 per cent of global financial crime flows, so a new report by McKinsey & Company stated that the solution lies in the agentic AI, an evolution of analytical AI, could significantly improve automation and prod
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