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Saturday, November 22, 2025
TopicAnti-Money Laundering Act

Topic: Anti-Money Laundering Act

ED raids over 15 locations in Bengaluru in Rs 100-crore Souharda Bank ‘scam’

The alleged multi-crore fraud involves allegations of cheating by more than 15,000 depositors who were duped with false promises of unusually high returns.

FIU-IND, IRDAI Strengthen Anti-Money Laundering Fight

Collaboration aims to enhance coordination and information sharing in the fight against financial crimes.

ED arrests businessman Amit Arora on money laundering charges in Delhi excise policy case

The CBI, in a chargesheet, said Arora & 2 others were involved in 'managing & diverting the undue pecuniary advantage collected from liquor licenses'.

ED probes crypto exchange Binance in betting app laundering case

Binance has been facing regulatory crackdown as nations intensify scrutiny of crypto industry amid concerns that it is being used to conceal proceeds of money laundering & terrorism.

Pakistan sets up cell to check money laundering, terror financing to exit FATF’s grey list

Islamabad: Pakistan's anti-corruption watchdog has established an anti-money laundering and terror financing cell to check financial crimes and illegal transfer of resources as the...

ED attaches over Rs 365 crore assets in Adarsh cooperative society fraud case in Rajasthan

The case pertains to ED taking cognisance of FIR against the Adarsh Credit Cooperative Society Limited (ACCSL) and its promoters for duping about 20 lakh people in Rajasthan.

Delhi court grants bail to Rajeev Saxena in AgustaWestland case

The court also imposed certain conditions on Saxena and said he will not tamper with evidence and join investigation as and when called.

Money parked by Indians in Swiss banks rose by over 50% last year

The surge comes as a surprise given India's clampdown on suspected black money stashed abroad.

On Camera

Royals to Republicans—Epstein files have exposed fault lines across power circles

Donald Trump, who has nurtured the MAGA movement for the last decade, has been perceived to have lost control over the movement, particularly with the release of Epstein’s records.

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

Tejas fighter aircraft crashes at Dubai Air Show, IAF confirms pilot’s death

This is the second such incident after a Light Combat Aircraft (LCA) Tejas had crashed into a hostel on the outskirts of Jaisalmer in March last year.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.