The companies operating these call centres had foreign partners that received scam funds via various payment gateways, which were then routed to India through banks & hawala channels.
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.
Dabba trading apps—such as VMoney, VM Trading, Standard Trades Ltd, IBull Capital, LotusBook, 11Starss, GameBetLeague—are currently under ED investigation.
According to Delhi EOW FIR, Raheja Developers fraudulently collected large sums from investors and homebuyers, promising flats in group housing projects but failed to deliver.
The raids come after Gujarat police registered an FIR against 5 people, accusing them of duping people through fake digital arrests, forged police notices, and other means.
The raids were carried out at 15 premises in Delhi, Noida, Ghaziabad and Mumbai on 23 May under the PMLA after an FIR against companies like Jaypee, Jayprakash Associates, and others.
Targeted premises include offices and properties linked not only to Jaypee Associates but also to other major real estate players such as Gaursons, Gulshan, Mahagun & Suraksha Realty.
The accused allegedly claimed to be trustees of two Waqf properties, entered into 'fraud' lease agreements, extorted rents from tenants, and submitted false affidavits to the Waqf Board.
Parents alleged that the institute shut centers without any notice despite them making advance payments for the entire year, leaving 12,000 students' future in limbo, officials said.
Criminal proceedings against Jayshri Gayatri Food Products began in April 2024. Wife of company’s MD says relatives of Chirag Paswan are using political influence to target family.
On 24 August 1949, Jaipal Singh Munda, the driving force behind the Jharkhand movement, argued for political representation and self-governance for the tribal community in the Constituent Assembly.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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