Moneycontrol
    Moneycontrol PRO
    LAMF
    LAMF

    Ed

    Jump to

    • Viresh Joshi claims innocence in Axis MF case; PMLA court takes cognizance of ED's chargesheet

      ED claims Joshi routed funds through a network of shell entities and bank accounts of family members to conceal illicit gains. These funds were allegedly used to acquire multiple immovable properties in India and abroad

    • Mercedes, crypto and Bangladeshi passports: ED raids in Bengal unearth empire built by fraud call centres

      Investigators identified immovable assets including land, hotels and resorts valued at over Rs 20 crore, all allegedly acquired through criminal proceeds.

    • ED freezes 90 bank accounts in Rs 597 crore IDFC First Bank scam 

      The funds — belonging to the Haryana government, Chandigarh Municipal Corporation and other government accounts — were meant to be parked as fixed deposits but were diverted without authorisation.

    • ED attaches $55.69 million in overseas accounts linked to Winzo

      ED alleges real-money users were matched against bots without disclosure; total proceeds of crime pegged at Rs 3,522 crore

    • I-PAC received Rs 13.5 crore loan in 2021 from a Rohtak firm that does not exist: Report

      Surprisingly, in another declaration dated June 27, 2025, the I-PAC said it had “repaid” Rs 1 crore of the Rs 13.50 crore loan in 2024-25 and there was an outstanding amount of Rs 12.50 crore.

    • Bitcoin scam: PMLA court takes cognizance of ED chargesheet against Shilpa Shetty's husband Raj Kundra; issues summons

      As per the probe agency, Kundra received 285 Bitcoins from the "mastermind" and promoter of Gain Bitcoin Ponzi "scam" Amit Bhardwaj for setting up a Bitcoin mining farm in Ukraine.

    • ED freezes fresh Rs 192-crore deposits of WinZO in money laundering case

      In November, the agency had arrested the founders of WinZO -- Saumya Singh Rathore and Paavan Nanda following their questioning at the Bengaluru zonal office of the ED.

    • WinZO PMLA case: Court grants bail to Saumya Singh Rathore, rejects Paavan Nanda's plea

      WinZO co-founders Saumya Singh Rathore and Paavan Nanda were arrested by ED on money laundering charges in November 2025. The agency also froze company assets worth around Rs 505 crore.

    • ED attaches assets of Yuvraj Singh, Sonu Sood, Urvashi Rautela's mother, others in betting case

      The properties of actor Neha Sharma, mother of model Urvashi Rautela and Bengali actor Ankush Hazra have also been attached

    • WinZO co-founders Saumya Singh Rathore, Paavan Nanda arrested by ED in PMLA case

      Earlier this month, ED searched four WinZO locations in Delhi and Gurugram and froze assets worth of around Rs 505 crore

    • ED raids Gameskraft, WinZO in Bengaluru, Delhi, Gurugram over alleged algorithm rigging, crypto trail

      FIRs by victims allege these gaming firms manipulated app algorithms to disadvantage players; searches also found promoter-linked crypto wallets, indicating possible laundering through cryptocurrencies, sources told Moneycontrol.

    • ED arrests Jaypee Infratech’s Manoj Gaur in homebuyer fraud case; homebuyers see ‘ray of hope’

      Jaypee Infratech went into insolvency in August 2017 after the National Company Law Tribunal (NCLT) admitted an application filed by an IDBI Bank-led consortium

    • ED attaches Rs 15.41-crore worth of properties in GST fraud case

      According to ED, the accused issued bogus GST invoices, fraudulently generating and passing on fake Input Tax Credit valued at over Rs 734 crore.The fraud spans three states and involves 135 shell companies

    • ED summons Yuvraj Singh, Sonu Sood in online betting app case

      The brand's customers can place bets on thousands of sporting events, with the company's website and app available in 70 languages, according to the company.

    • ED widens probe in 1xBet betting app case, summons Yuvraj Singh, Uthappa, Sonu Sood

      The Ministry of Electronics and Information Technology ordered the blocking of several betting and gambling apps, including 1xBet

    • 'BJP uses ED in corruption cases instead of CBI to...': Congress' Sandeep Dikshit on ED raids against AAP leader

      The Congress leader alleged that the BJP has a pattern to use ED against the Opposition leaders to influence them politically.

    • ED files Rs 913-crore FEMA violation case against fintech Simpl

      The company received foreign investment for technology-related products and services but used it for financial services without the approval of the government or the regulator, the ED has alleged

    • ED attaches Alchemist, Ojas hospitals' shares worth Rs 127 crore in PMLA case

      According to the agency, the funds collected were siphoned off and layered through a web of financial transactions among group entities to conceal their illicit origin.

    • Ranchi court sends ex-Chhattisgarh CM’ son Chaitanya Baghel to judicial custody in liquor 'scam'

      The ED claimed in a statement that Chaitanya "handled" more than Rs 1,000 crore worth of "proceeds of crime" generated from a liquor "scam" in the state and used Rs 16.7 crore for the development of his real estate project.

    • Forex platform OctaFX India settles case with SEBI

      OctaFX was also under ED scan, ED had filed charge sheet against in the OctaFX forex case against 13 individuals and 41 companies.  

    • ED questions AAP leader Satyendar Jain in alleged Delhi Jal Board scam case

      The ED is also probing Jain’s involvement in alleged hospital and liquor scam cases other than the Jal Board scam.

    • Lodha Developers asked to deposit Rs 521 crore with Supreme Court in V Hotels case

      V Hotels, a Mumbai-based real estate firm acquired by Lodha through the Corporate Insolvency Resolution Process (CIRP) in 2024, owned some properties, primarily in Mumbai — most notably the Centaur Hotel adjacent to Juhu Beach.

    • ED sends notice to Mahesh Babu in money laundering case tied to real estate scam

      Telugu star Mahesh Babu received an ED notice amid a money laundering probe involving Sai Surya Developers and the Surana Group, accused of duping investors through unauthorized land sales, multiple plot resales, and fake registration guarantees.

    • ED raids Surana Group, Sai Surya Developers in money laundering case

      The developers are under the ED scanner for duping investors of more than Rs 3 crore in a Hyderabad land venture

    • ED moves to seize Mehul Choksi’s foreign assets across 10 countries amid extradition: Report

      Choksi's request for release from prison is expected to be heard within a week.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347