The Enforcement Directorate arrested Sravanthi Group promoter Dandamudi Venkateswara Rao and two others in a Rs 284 crore money laundering case involving alleged shell companies, fake invoices, and loan fraud. Investigators also alleged massive bank losses linked to the company
The CBI filed a chargesheet against 17 individuals, including four Chinese nationals, and 58 companies for running a transnational cyber fraud network that used shell firms and digital scams to siphon over Rs 1,000 crore, officials said
The Enforcement Directorate conducted raids at more than 25 locations linked to the Al-Falah group as part of the Red Fort blast probe. Investigators are examining suspected shell companies, financial irregularities, and discrepancies in the university’s regulatory claims. The investigation continues
West Bengal Police’s cybercrime wing uncovered a ₹317-crore online fraud involving 148 shell companies and businessman Pawan Ruia. Raids at his residence and offices revealed funds diverted through fake firms, with ₹170 crore allegedly converted into cryptocurrency to evade detection
