In a sweeping crackdown, the Enforcement Directorate has launched an investigation into 234 cybercrime cases, ranging from illicit online b...

India's wealthy are facing increased scrutiny on offshore wealth. Regulators are tightening rules on GIFT City AIFs, Dubai real estate inve...

The Enforcement Directorate arrested two Delhi-based cyber criminals, Punit Kumar and Ashish Kakkar, for siphoning off over Rs 4,900 crore ...

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

Delhi-based entity made illegal sale of cryptocurrencies, sent proceeds to Hong Kong and Canada. Bank officials too being probed for leakin...

The Directorate of Enforcement has frozen Rs 123 crore belonging to shell entities from Singapore in the bank accounts of NIUM Indian Pvt L...

The searches were carried out on February 23-24 against a company named NIUM India Pvt Ltd and its directors based in Mumbai, Xoduz Solutio...

The adjudicating authority under the Foreign Exchange Management Act has issued show-cause notices to Xiaomi Technology India Private Limit...

Chinese smartphone maker Xiaomi on Friday said the ongoing investigations and allegations in India could take a long period of time to sett...

As the Enforcement Directorate (ED) continued searches at the premises of Chinese companies in a money laundering case, Wang Xiaojian, coun...

Deepak Nayyar, a partner of Seabay International, was taken into custody on May 5 and produced before a special court dealing with cases lo...

This case came under the ED radar during a separate money laundering probe against a number of NBFCs and FinTech companies which are linked...

“The Directorate of Intelligence & Criminal Investigation (I&CI) of the income tax department during August and September 2019 obtained LRS...

Dummy companies have been used to route cash from one account to another against fake bills to convert the notes thus garnered.

It was also alleged that the amount remitted in each transaction would be kept at less than $100,000, CBI said.

Between May 2014 and August 2015, as many 5853 number of outward foreign remittances amounting to $ 546 mn were done.

The ED had, on July 19, filed the charge sheet in which it alleged hawala scam to be to the tune of Rs 5,395 crore.