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Friday, December 19, 2025
TopicPMLA

Topic: PMLA

Ludo with bots, restricted money withdrawals: WinZO set its users up for losing games, says ED

After raids, central agency arrested two WinZO directors under money laundering charges; company allegedly tried to shift operations to US to evade ban on real-money games in India.

In another order expanding PMLA scope, HC notes how ‘legal transaction’ can generate ‘proceeds of crime’

Delhi HC was hearing ED's plea against a single-judge order that had quashed attachment of assets worth Rs 122.74 cr of Prakash Industries, the company allotted the Fatehpur coal block.

HC extends PMLA’s reach to allocation of natural resources. How it interpreted ‘property’, ‘proceeds of crime’

HC order revives the Enforcement Directorate’s attachment of the gains made by Prakash Industries through the allotment of Chhattisgarh’s Chotia coal block.

OctaFx app founder Prozorov who duped Indians of Rs 5,000 cr held in Spain, ED to pursue extradition

Russian national was duping thousands in many countries. Investigations in India began in 2022. OctaFx once trading partner of IPL franchise Delhi Capitals, endorsed by TV stars.

Why Karnataka HC upheld arrest of Congress MLA in PMLA case, but opened window for seeking relief

ED arrested Chitradurga MLA Veerendra from Gangtok on 23 August and later seized assets worth more than Rs 150 cr in connection with its money laundering probe.

ED attaches Rs 7.4-cr worth properties belonging to firms ‘linked’ to former AAP minister Satyendar Jain

ED had initiated money laundering probe on basis of a CBI FIR which accused Jain of acquiring disproportionate assets during his time as a minister in Delhi.

‘Application of mind not proportionate to number of pages’—Why SC has expressed ‘anguish’ at NGT 

NGT is a specialised statutory body set up by Parliament in 2010 for hearing matters relating to environmental protection and forest conservation.

ED issues Lookout Circular against Anil Ambani in loan fraud case, hours after summons for questioning

Reliance Group chairman asked to appear at ED headquarters in New Delhi for recording statement. ED's money laundering probe is based on two cases lodged by CBI in September 2022.

ED’s 1st raid in Andaman & Nicobar: A Rs 200 crore cooperative bank ‘scam’ linked to former Congress MP

Congress leader and former MP Kuldeep Rai Sharma is prime accused in the case related to alleged irregularities in Andaman and Nicobar State Cooperative (ANSC) Bank.

ED raids Chandigarh ‘fake’ call centres duping foreigners with tech support scams

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.

On Camera

What the key political events of 2025 tell us about Narendra Modi and India’s future

From Operation Sindoor to India-US tensions to the EC controversies, a clear understanding has emerged about where the politics is headed now.

Antitrust watchdog Competition Commission to probe IndiGo flight disruptions

While the commission didn’t mention provisions under which IndiGo's market domination would be examined, Competition Act 2002 prohibits abuse of dominant position by any enterprise.

Israel has ‘realised who its real friend is’, eyes defence expansion in India amid arms curbs by others

It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.

India’s top airline just handed sarkar the keys. That’s IndiGo’s real ‘crime’

Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.