Search For "ponzi scheme"
ED attaches Rs 110 crore assets in Prayag Group of Companies case
Updated : 3 months ago IST
The Enforcement Directorate (ED) has attached immovable properties having a total value of Rs 110 crore in a case of money laundering against Prayag Group of Companies and its directors.
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CBI dismantles transnational cyber fraud network, chargesheet filed agains
Updated : 3 months, 1 week ago IST
The Central Bureau of Investigation (CBI) has filed a chargesheet against 17 accused persons, including 4 Foreign nationals, and 58 companies, after unearthing a large, well-organised transnational cyber fraud network operating across multiple States in India, the CBI said in a press rele
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ED raids 20 places in UP in Rs 300-cr Maxizone Ponzi scam
Updated : 3 months, 3 weeks ago IST
The raids are being conducted in Ghaziabad, Noida and Meerut in Uttar Pradesh from early Thursday morning based on certain inputs about the suspects and accused persons linked to the case.
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ED attaches worth Rs 2,385 crore of crypto in OctaFX money laundering case
Updated : 5 months, 1 week ago IST
The Enforcement Directorate (ED) has issued a provisional attachment order of movable assets in the form of cryptocurrencies worth approximately Rs 2,385 crore in connection with its ongoing money laundering investigation into the unauthorised forex trading platform OctaFX.
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Delhi Police arrest former advocate in ₹100 crore ponzi scheme
Updated : 5 months, 3 weeks ago IST
The Economic Offences Wing (EOW) of Delhi Police has arrested a former advocate for allegedly masterminding a massive Ponzi scheme that duped investors of approximately Rs 100 crore by promising exorbitant returns through stock market investments.
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ED raids nine places in UP, Maharashtra and Rajasthan in money laundering
Updated : 7 months, 2 weeks ago IST
The Enforcement Directorate (ED) has searched nine premises across Uttar Pradesh, Rajasthan and Maharashtra in connection with a money laundering case against the Sahara group, the agency said on Tuesday.
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Amdark Limited Launches Comprehensive Investment Fraud Recovery Program to
Updated : 8 months, 1 week ago IST
New Delhi [India], July 16: Amdark Limited, a global leader in financial recovery and digital forensic services, today introduced its expanded Investment Fraud Recovery Program, designed to help victims of online scams--including cryptocurrency, forex, binary options, Ponzi schemes, and phis
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ED attaches Rs 762.47 crore immovable assets in money laundering case
Updated : 8 months, 2 weeks ago IST
The properties, spread across Punjab, Haryana, Delhi, Maharashtra, and even Australia, have been seized under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, said the ED in a statement.
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ED restitutes Rs 611-cr to victims of Ponzi schemes launched by Agri Gold
Updated : 9 months, 2 weeks ago IST
The Enforcement Directorate (ED) has restituted the attached properties worth Rs 611 crore (value of properties at the time of attachment) to the victims of Ponzi schemes launched by Agri Gold group of companies, the agency said on Friday.
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ED restores Rs 6000 crore Agri Gold assets to ponzi scheme victims
Updated : 1 year ago IST
This restitution exercise marks a significant step in ED's efforts to restore properties to their rightful claimants and to ensure that Proceeds of Crime (POC) are returned to those affected.
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CBI books seven people in cryptocurrency Ponzi Scheme case involving trans
Updated : 1 year, 2 months ago IST
The agency conducted searches at 10 locations across seven States and union territories. In the searches, several incriminating digital evidence and devices were discovered including Cash of Rs 34 lakh, Digital Virtual Assets of USD 38,414 (approx) in the cryptocurrency wallets.
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ED attaches 27 immovable properties valued Rs 103.4 cr of Heera Group of c
Updated : 1 year, 2 months ago IST
ED's Hyderabad Zonal Office attached these immovable properties having a book value of Rs 17.14 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
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