Search For "shell companies"
ED attaches Rs 505 crore in US, Singapore bank accounts in Winzo App case
Updated : 2 months ago IST
ED's Bengaluru zonal office attached these movable properties held in the names of overseas shell companies of Winzo Pvt Ltd, Winzo US Inc, USA and Winzo SG Pte Ltd, Singapore; operated and controlled by Paavan Nanda and Saumya Singh Rathore.
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Delhi Police bust Rs 180 crore cyber crime network operating via shell com
Updated : 4 months, 2 weeks ago IST
Delhi Police have busted a major cyber crime syndicate operating through a web of shell companies, arresting two accused and uncovering transactions linked to nearly Rs 180 crore in cyber fraud cases traced across the country.
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CBI files chargesheet against 17, including 4 foreign nationals, 58 compan
Updated : 5 months, 1 week ago IST
In October 2025, the three main Indian associates had been arrested. The investigation has revealed that a single coordinated syndicate created an extensive digital and financial infrastructure to defraud thousands of unsuspecting citizens through misleading loan apps, fake investment sch
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CBI files chargesheet against 30, including 2 Chinese nationals in cyber i
Updated : 5 months, 1 week ago IST
The Central Bureau of Investigation has filed a chargesheet for 27 people and 3 companies on account of an investment fraud during the COVID-19 lockdown, amounting to crores. The names revealed in the HPZ Token Investment fraud case also include two Chinese nationals, Wan Jun and Li Anmin
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Plea in SC seeks court-monitored probe into "large-scale bank fraud" by An
Updated : 6 months ago IST
After considering the grounds raised in the plea, a bench led by the Chief Justice of India (CJI) BR Gavai on Tuesday issued notice to the central government, the Central Bureau of Investigation (CBI), and the Enforcement Directorate (ED), seeking their responses to the plea.
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Delhi blast: ED probes Al-Falah group for suspected shell network, regulat
Updated : 6 months ago IST
A cluster of nine shell companies registered at the same address has also drawn the agency's attention, and the investigators believe these entities were created to route funds or obscure beneficial ownership.
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CBI conducts searches in HPZ cryptocurrency token fraud case
Updated : 7 months, 2 weeks ago IST
Between 2021 and 2023, organized cyber frauds were committed across India in the guise of Loan, Job, Investment, and Cryptocurrency Schemes. These frauds were facilitated through the creation of multiple shell companies, which were used to open mule bank accounts. The proceeds collected f
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BJP MP Sanjay Jaiswal targets Prashant Kishor ask "why loss making compani
Updated : 7 months, 3 weeks ago IST
As the assembly election approaches in Bihar, the political temperature in the state heated up as BJP MP Sanjay Jaiswal levelled serious allegations against Jan Suraaj founder Prashant Kishor, accusing him of raising crores of rupees through shell companies.
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East Timor emerges as new hotspot for scam centre operations, UN warns
Updated : 7 months, 3 weeks ago IST
UNODC has warned that East Timor's Oecusse region is becoming a hotspot for scam centres linked to cybercriminals and triad networks. Operations exploit investment zones, shell companies, and multiple passports, engaging in online scams, gambling fraud, and potential human trafficking, highl
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ED raids at 12 locations in Jharkhand, West Bengal, Maharashtra in Rs 750
Updated : 9 months, 2 weeks ago IST
The searches have been underway since early morning under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
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AP BJP spokesperson welcomes arrest of YSRCP MP Midhun Reddy in "biggest-e
Updated : 9 months, 2 weeks ago IST
She accused Midhun Reddy of manipulating the state's liquor policy, altering the automatic order placement system, and collecting kickbacks. He allegedly funneled funds through shell companies, amassing huge sums of money.
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DGGI Bengaluru Unit uncovers six shell companies with fraudulent invoices
Updated : 10 months, 2 weeks ago IST
In a follow up operation connected with investigation of a case initiated in Bengaluru, the officers of Directorate General of GST Intelligence, Bengaluru Zonal Unit, carried out searches in over six premises in Delhi, and uncovered fraudulent invoices worth over Rs 266 crore, involving avai
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