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2 convictions in 193 ED cases against politicians
The data also showed that there have been no acquittals, suggesting that the investigations are progressing. In some cases, it is likely that charge sheets have also not been filed.
Published on Mar 20, 2025 07:46 AM IST
Neeraj Chauhan
Rose Valley chit fund case: Court orders ₹450-crore assets to be repaid to cheated investors
The ADC has already processed 32,319 claims, resulting in the disbursal of around ₹22 crore of funds to investors, ED sources said. The restitution process is likely to acquire optimum pace over the coming months, as more claims are being scrutinised and validated by the ADC
Published on Mar 15, 2025 05:10 AM IST
Court rejects discharge plea of Zakir Naik’s ‘close associate’
A special PMLA (Prevention of Money Laundering Act) court rejected the discharge plea of Aamit Gazdar, an alleged close confidante of Dr Zakir Naik, arrested for actively assisting the controversial Islamic preacher and televangelist in laundering proceeds of crime.
Published on Mar 09, 2025 08:08 AM IST
Torres case: Court allows ED to question hawala operator in jail
A special PMLA (Prevention of Money Laundering Act) court on Friday allowed the ED to question Lalan Singh, the hawala operator arrested in connection with the Torres jewellery fraud in which thousands of investors from the Mumbai Metropolitan Region lost crores of rupees.
Published on Mar 09, 2025 07:48 AM IST
PMLA court issues production warrant against hawala operator
A special PMLA court has issued a production warrant against Alpesh Khara, a hawala operator from Charni Road, arrested in connection with the alleged fraud Ponzi scheme run through Torres Jewellery stores, in which thousands of investors were duped of crores of rupees.
Published on Mar 02, 2025 08:20 AM IST