Enforcement Directorate

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

Karnataka Congress MLA Satish Sail arrested by ED in money laundering case

The Congress MLA had appeared before the ED on Tuesday. He was arrested the same evening after he was questioned by ED sleuths for several hours.

ED conducts searches in Delhi, Madhya Pradesh in bank loan fraud case

A total of ten premises, including one in Bhopal, are being covered by the Delhi zone of the federal probe agency in the case against a company named Era Housing and Developers India Private Ltd. (EHDL) and its promoters.

'Raid carried out to divert attention from PM Modi's fake degree': AAP lashes out over ED action against Saurabh Bharadwaj

Coming down heavily on Centre, Kejriwal stated that actions are being taken because the AAP is the "most vocal voice" against them.

ED raids AAP leader Saurabh Bharadwaj's residence in Rs 5,500 crore hospital construction scam

Earlier, the Anti-Corruption Branch (ACB) had flagged irregularities in the construction of hospitals during the AAP regime.

Top sellers on leading e-commerce platforms report Rs 72,000 crore revenue, report profit margins at 0.5%

These sellers are part of a broader group of ten entities on leading online marketplaces—such as Amazon and Flipkart—that together recorded approximately Rs 72,000 crore in revenue in FY24, according to filings reviewed by Moneycontrol

‘Crossing all limits’: SC on ED summoning lawyers for legal advice, calls for framing guidelines

The apex court also called for guidelines on the matter.

After ED raids, Probo says it is cooperating with law enforcement authorities

ED had earlier conducted search operations at four premises in Gurugram and Jind, linked to Probo and its promoters. It had frozen fixed deposits and shares amounting to Rs 284.5 crore, along with three bank lockers.

ED summons D K Shivakumar, his brother in Aishwarya Gowda 'fraud' case

The federal probe agency had arrested the local woman — 33-year-old Aishwarya Gowda — in April following searches against her and Congress MLA Vinay Kulkarni

Enforcement Directorate seizes Rs 1.70-crore cash, documents in raids against Jaypee Infratech, Jayprakash Associates and others

The raids were carried out at 15 premises in Delhi, Noida, Ghaziabad and Mumbai on May 23 under the Prevention of Money Laundering Act (PMLA).

ED conducts raids in Delhi-NCR in money laundering case against FIITJEE

FIITJEE recently shut its centres abruptly, leaving a number of students in the lurch.

Gensol Engineering now under EoW lens as lender PFC files complaint

Power Finance Corporation Ltd (PFC) said it is exploring all possible options to recover an outstanding principal amount of Rs 307 crore from Gensol Engineering Ltd.

Sebi likely to investigate listed companies involved in Mahadev money laundering case

The Enforcement Directorate’s investigation centers around the claim that funds generated from the Mahadev Betting App were routed out of India and later re-invested into Indian shares through FPIs operating from jurisdictions like Dubai and Mauritius.

ED raids 12 offices of SDPI in Delhi, Bengaluru after party chief's arrest

The raids come after the federal probe agency arrested SDPI's national president M K Faizy from IGI Airport under the provisions of Prevention of Money Laundering Act (PMLA).

Tamil Nadu: ED raids entities linked to Senthil Balaji in case against TASMAC

The raids were conducted at about 25 locations in the state, including in Chennai, Thanjavur, Pudukkottai and some other cities.

ED attaches Enthiran director Shankar's properties worth Rs 10 cr under in money laundering case

The Enforcement Directorate (ED), Chennai Zone Office, has provisionally attached three immovable properties registered in the name of famous Tamil film director S. Shankar.

ED seizes 'biggest' crypto fund worth Rs 1,646 crore in PMLA case

The agency deployed a team of its tech-savvy experts who examined the "complex web" of transactions carried out in "numerous" crypto wallets to unmask the origin and controllers of these crypto wallets

ED says lottery king Santiago Martin set up 350 'shell companies' to hold properties: Report

Martin came into limelight in March 2024 when Future Gaming and Hotel Services, the company owned by him, emerged as the top donor to political parties via electoral bonds.

ED attaches Rs 300 crore worth properties in MUDA-linked money laundering case involving Karnataka CM

The ED alleged that Siddaramaiah, a senior Congress leader, leveraged his political influence to secure compensation for 14 prime sites in the name of his wife, BM Parvathi, in exchange for 3 acres and 16 guntas of land acquired by MUDA.

Bank 'fraud': ED attaches over Rs 440 crore assets of ex-promoters of Kwality

These properties were "owned" by former promoters Siddhant Gupta and Sanjay Dhingra of Kwality Limited through "dummy" companies. The driver and security guard of the said promoters were the directors in such companies, the ED added.

ED questions Mallika Sherawat in betting website case

Mallika Sherawat and Puja Banerjee were questioned by ED in connection with a with a money laundering probe against a betting website, owned by some Pakistani nationals.

Mahadev app betting case: Enforcement Directorate attaches fresh assets worth Rs 388 crore

A provisional order was issued under the Prevention of Money Laundering Act (PMLA) on December 5 to attach these assets with a total value of Rs 387.99 crore, the Enforcement Directorate (ED) said

After sellers, ED probe zeroes in on vendors of Amazon & Flipkart: Report

ED's aim is to know if the ecommerce majors were exercising control over vendors, which violates FDI rules as they can only act as platforms.

Crackdown on Amazon, Flipkart: ED raids offices of sellers using e-commerce platforms

The searches were conducted at 19 premises located at Delhi, Bengaluru, Mumbai, Hyderabad and Panchkula (Haryana)

PFI wanted to create Islamic movement, start civil war in India: Enforcement Directorate

Popular Front of India: The federal agency issued a statement, saying it has attached fresh assets worth more than Rs 35 crore