News

The ED searched seven locations across Telangana in an alleged Rs  326.49 crore bank fraud case linked to Kanakadhara Ventures Private Limited and its directors, seizing Rs 15 lakh in cash and incriminating documents.

ED Conducts Searches at 7 Locations in Rs 326.49 Crore Bank Fraud Case Linked to Kanakadhara Ventures

The CBI has registered an alleged Rs 212.34 crore Canara Bank fraud case, conducting multi-city searches to investigate suspected loan diversion and financial irregularities.

CBI Registers Rs 212.34 Crore Canara Bank Fraud Case, Conducts Searches Across Mumbai, Delhi and Noida

A man from Trichy who is 64 years old has lost a total of Rs 1.1 lakh to a fraudster posing as a customer service centre executive.

Trichy Man Aged 64 Years Duped Rs 1.1 Lakh Customer Care Fraud

The ED has arrested advocate Rashesh Upadhyay in a money laundering probe involving alleged cyber fraud, around 400 mule accounts and banking transactions worth Rs 28,000 crore.

ED Arrests Advocate in Rs 28,000 Crore Cyber Fraud and Money Laundering Case

Coromandel International faces a Rs 2.50 crore GST demand over alleged wrongful ITC claims for FY22–FY25 and plans to appeal, expecting no significant impact on its business operations or financials.

Coromandel International Faces Rs 2.50 Crore GST Demand Over Alleged Wrongful ITC Claims, Plans to Appeal

Notifications

The Ministry of Finance has amended the 2016 notification under Section 43 of the Prevention of Money Laundering Act, 2002, adding new entries relating to the designation of Special Courts in Karnataka.

Ministry of Finance Notifies Additional Special Court Entries for Karnataka Under PMLA

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