Bank Fraud Case: ED Attaches Rs 150 Crore Worth Property Near Buckingham Palace in London
9 Articles
9 Articles
ED raids Maharashtra firm in Rs 135 crore bank fraud; Rs 35 crore frozen, BMW seized
The Enforcement Directorate searched six premises linked to Gajanan Gangamai Industries LLP in a Rs 135 crore bank fraud case. The action led to a USD 3.7 million deposit being frozen and points to alleged routing of loan funds through shell entities.
The ED alleged that the loan facilities were obtained and continued through fake and fictitious warehouse receipts, false information about stock availability and suppression or deletion of records.
Bank fraud case: ED attaches Rs 150 crore worth property near Buckingham Palace in London
The Enforcement Directorate has attached a Rs 150 crore property near Buckingham Palace in London. This action is part of a bank loan fraud and money laundering case involving textile major S Kumars Nationwide Ltd and its ex-CMD Nitin Kasliwal. Kasliwal is accused of defrauding Indian banks of Rs 1,400 crore and diverting funds abroad.
ED Freezes Rs 35.71 Crore Deposit In Rs 135 Crore Bank Fraud Case
The Directorate of Enforcement has frozen a fixed deposit of USD 3.7 million, or approximately Rs 35.71 crore, and seized a BMW during searches linked to an alleged Rs 135-crore bank fraud involving Gajanan Gangamai Industries LLP and others. The Enforcement Directorate conducted searches at six residential and commercial premises in Mumbai and Chhatrapati Sambhaji […]
bhaskarlive.in
Bank fraud case: ED attaches 18 properties worth over Rs 13 crore in Indore
Digital Desk | Indore, Sep 11 (IANS) The Enforcement Directorate (ED), Indore Sub-Zonal Office, has provisionally attached 18 immovable properties valued at Rs 13 crore under the Prevention of Money Laundering Act (PMLA), 2002, in connection with a bank fraud case involving Alok Sharda and others. The provisional attachment order was issued on Thursday. The ED investigation was initiated on the basis of two FIRs registered by the Economic Offe…
Social News XYZ
India News AustraliaED attaches land worth Rs 3.91 crore in Rs 307 crore Indore bank fraud case
Indore, Sep 11 (SocialNews.XYZ) The Enforcement Directorate's (ED) Indore Sub-Zonal office has provisionally attached three commercial land parcels valued at around Rs 3.91 crore in Hukmakhedi village of Indore under the Prevention of Money Laundering... - Social News XYZ
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