• Mon. Mar 23rd, 2026
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    Tag: Money Laundering

    WinZO Co-Founders Arrested: ED Gets 10-Day Custody in Massive Money Laundering Probe
    WinZO Co-Founders Arrested: ED Gets 10-Day Custody in Massive Money Laundering Probe
    High CourtLatest news

    WinZO Co-Founders Arrested: ED Gets 10-Day Custody in Massive Money Laundering Probe

    A Bengaluru special court has granted the Enforcement Directorate 10-day custody of WinZO co-founders in a money laundering case involving alleged cheating, fund diversion and gaming manipulation. The ED claims the platform generated illegal “proceeds of crime” through deceptive real-money gaming practices.

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    PNB Scam: ED Hands Over Mehul Choksi’s Mumbai Flats for Victim Compensation in Major Recovery Push
    PNB Scam: ED Hands Over Mehul Choksi’s Mumbai Flats for Victim Compensation in Major Recovery Push
    Other CourtsLatest news

    PNB Scam: ED Hands Over Mehul Choksi’s Mumbai Flats for Victim Compensation in Major Recovery Push

    The Enforcement Directorate has transferred four Mumbai flats linked to Mehul Choksi to the liquidator of Gitanjali Gems to speed up monetisation and compensate victims of the PNB fraud. This marks a crucial shift from asset seizure to real recovery for banks and affected stakeholders.

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    Rabri Devi Seeks Transfer of IRCTC Case from Judge Vishal Gogne, Court Issues Notice to CBI
    Rabri Devi Seeks Transfer of IRCTC Case from Judge Vishal Gogne, Court Issues Notice to CBI
    Legal updatesLatest news

    Rabri Devi Seeks Transfer of CBI–ED Cases Against Her Family, Says Judge Vishal Gogne Is ‘Unduly Inclined Towards Prosecution’

    Rabri Devi has sought the transfer of all CBI and ED cases filed against her family, saying Judge Vishal Gogne is unduly inclined towards the prosecution. She claims a fair trial is impossible under the present circumstances now.

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    Supreme Court Slams SEBI for “Double Standards” in Indiabulls Probe; Questions CBI’s ‘Friendly’ Approach
    Supreme Court Slams SEBI for “Double Standards” in Indiabulls Probe; Questions CBI’s ‘Friendly’ Approach
    Supreme Court

    Supreme Court Slams SEBI for “Double Standards” in Indiabulls Probe; Questions CBI’s ‘Friendly’ Approach

    The Supreme Court criticised SEBI for showing “double standards” in the Indiabulls financial irregularities case and questioned the CBI’s unusually soft stance. The Court said even partial truth in the allegations warrants immediate FIR and coordinated action.

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    Mumbai Court Rejects Discharge Plea of Nawab Malik’s Family Firm in Dawood Ibrahim-linked PMLA Case
    Mumbai Court Rejects Discharge Plea of Nawab Malik’s Family Firm in Dawood Ibrahim-linked PMLA Case
    Other CourtsLatest news

    Mumbai Court Rejects Discharge Plea of Nawab Malik’s Family Firm in Dawood Ibrahim-linked PMLA Case

    A Mumbai court refused to discharge Nawab Malik’s family-run company in a money laundering case tied to Dawood Ibrahim, citing “sufficient material on record” to frame charges. The court said rent collected through the firms constituted “proceeds of crime.”

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    National Herald Case: Delhi Court Reserves Order on ED Chargesheet Against Sonia and Rahul Gandhi for Nov 29
    National Herald Case: Delhi Court Reserves Order on ED Chargesheet Against Sonia and Rahul Gandhi for Nov 29
    Other CourtsLatest news

    National Herald Case: Delhi Court Reserves Order on ED Charge Sheet Against Sonia and Rahul Gandhi for Nov 29

    A Delhi court has reserved its order till November 29 on taking cognisance of the ED’s chargesheet in the National Herald money laundering case involving Sonia and Rahul Gandhi. The probe concerns the alleged fraudulent takeover of AJL assets worth Rs 2,000 crore.

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    ED Seizes Rs 11.14 Crore Assets of Suresh Raina & Shikhar Dhawan in 1xBet Money Laundering Probe
    ED Seizes Rs 11.14 Crore Assets of Suresh Raina & Shikhar Dhawan in 1xBet Money Laundering Probe
    Legal updatesHeadlines

    ED Seizes Rs 11.14 Crore Assets of Suresh Raina & Shikhar Dhawan in 1xBet Money Laundering Probe

    The Enforcement Directorate has attached assets worth Rs 11.14 crore of ex-cricketers Suresh Raina and Shikhar Dhawan in the 1xBet illegal betting case. ED alleges both stars endorsed the platform for foreign payments linked to money laundering.

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    Delhi High Court Says ED Served ‘Legal Khichdi’ by Freezing Bank Account on Suspicion Alone
    Delhi High Court Says ED Served ‘Legal Khichdi’ by Freezing Bank Account on Suspicion Alone
    High CourtLatest news

    Profit on Bribe Money After Investing in Shares Still ‘Proceeds of Crime’, Rules Delhi High Court

    The Delhi High Court has ruled that profits made from investing bribe money in the stock market remain “proceeds of crime” under the PMLA. The court said appreciation in value doesn’t cleanse the tainted origin of bribe-derived funds.

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    Supreme Court Slams Evasion by Mahadev Betting App Co-Founder, Orders ED to Trace Accused
    Supreme Court Slams Evasion by Mahadev Betting App Co-Founder, Orders ED to Trace Accused
    Supreme Court

    Supreme Court Slams Evasion by Mahadev Betting App Co-Founder, Orders ED to Trace Accused

    Supreme Court criticized Evasion by Mahadev Betting App Co-Founder, Orders ED to Trace Accused. A Bench of Justices MM Sundresh and Satish Chandra Sharma expressed deep concern over Ravi Uppal’s disappearance, remarking, “This shocks our conscience and the court has to do something about it.”

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    Political Party Regulation Plea: Supreme Court Issues Notice to Election Commission
    Political Party Regulation Plea: Supreme Court Issues Notice to Election Commission
    Supreme Court

    Political Party Regulation Plea: Supreme Court Issues Notice to Election Commission

    Today, On 3rd November, The Supreme Court has issued a notice to the Election Commission of India on a plea seeking strict regulation and oversight of political parties. The petition highlights the unchecked rise of political parties and calls for comprehensive reforms in their registration process.

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