Kolkata-based businessman arrested in Saradha scam

The owner of an automobile company was arrested by the Enforcement Directorate here on Tuesday in connection with the alleged Saradha chitfund scam.

All affected by ponzi schemes can apply to Sen Commission

The Calcutta High Court today directed that the Justice (retd) Shyamal Sen Commission, formed to enquire into the Saradha Group and other similar companies, should entertain applications by people affected by other ponzi schemes.

Saradha scam : ED probe unearths `benami` land, liquor bar worth Rs 60 crore

In fresh revelations in the multi-crore Saradha scam case, the Enforcement Directorate has unearthed that `benami` land and a liquor bar, worth over Rs 60 crore, at prime locations of Kolkata were purchased by laundering investors` funds.

Court gives custody of Saradha scam accused`s wife, son to ED

A city court today granted five days` custody of the wife and son of multi-crore Saradha scam accused Sudipta Sen to the Enforcement Directorate.

Chennai airport `chaiwallah` lands in laundering soup

A tea vendor working at the Meenambakkam airport here has landed in money laundering net after a PMLA court recently froze his assets, which include large cash deposits and 2.5 kg of gold jewellery, in connection with a bribery case.

Madhu Koda`s judicial custody extended till Jan 21

A special court on Friday extended the judicial custody of former Jharkhand Chief Minister Madhu Koda, who is facing money laundering charges, till January 21.

ED attaches Rs 1 lakh of separatist leader of Geelani faction

The order to attach Rs one lakh allegedly belonging to Firdous Ahmed Shah came in the wake of the Centre and the state government directing the ED to fast-track probe in 18 hawala-related cases.

Adarsh: PIL seeks action under Money Laundering Act

The petition contends that this is a fit case in which Prevention of Money-laundering Act can be invoked.

2G: ED issues summons under Money Laundering Act

Enforcement Directorate has issued summons under the Prevention of Money Laundering Act
(PMLA) against all the persons named by CBI in the charge sheet in the 2G spectrum allocation case.