A Surat-based jewel firm, Sharnam Jewels Limited, is under investigation by the Enforcement Directorate for allegedly making illegal outwar...

The government has banned over two dozen websites involved in laundering money from illegal offshore betting apps posing as ecommerce and f...

The case pertains to allegations of money laundering through "illegal" collection of deposits from the public, the agency said in a stateme...

The attached assets, worth a total of Rs 118.27 crore, is in the form of shares, mutual funds, bonds, AIF/PMS (alternative investment funds...

The ED has been probing the platform for alleged illegal online forex trading through international brokers. According to the agency, OctaF...

The agency suspects forex violations to the tune of Rs 700 cr through Capstone Forex.

Edelweiss is part of a probe involving Capstone Forex for illegally remitting foreign exchange overseas.

It had been reported that the customs department unearthed a hawala racket at the Inland Container Depot in Tughlakabad, and detected illeg...

Private player Axis Bank today said it has initiated internal probe into the alleged illegal money transfer case involving Rs 557 crore,

ED on Wednesday arrested another trader Manish Jain who was allegedly involved in sending illegal forex to Hong Kong and China.

CBI and ED have arrested six persons in connection with Rs 6,000 crore alleged illegal remittances to Hong Kong through the bank.

Sources said searches were carried out at the bank branches and private properties in connection with the shady remittances.

The charge sheet was filed by ED before District Judge I S Mehta who assigned the case to Additional Sessions Judge Neena Bansal Krishna.

The ED, in February this year, had issued a notice of Rs 98.5 crore fine on IPL franchise Rajasthan Royals for alleged forex violations.

The ED has decided to approach the DIPP after it studied replies sent by the American retail giant and its Indian partners.

ED has recently arrested a Surat-based diamond trader for "wilfully" evading forex duty penalties to the tune of Rs 3.99 lakh.

A report has calculated that between $104 bn and $128 bn was illegally siphoned out of India in the decade spanning 2000 to 2009.