Cheap shares, WhatsApp tips, then a crash: ED probes stock manipulation case

Cheap shares, WhatsApp tips, then a crash: ED probes stock manipulation case

The searches in Mumbai, Nashik, Ahmedabad, Gandhinagar, Surat and Bhavnagar were linked to trading in shares of listed companies, including RM Drip and Sprinklers Systems and R&B Denims.

ED Probes Stock Manipulation Linked to WhatsApp Tips

The Enforcement Directorate (ED) has initiated a probe into alleged stock price manipulation, conducting searches at 29 locations across six cities on Friday. This investigation is part of a money laundering case that reportedly affected over one lakh retail investors, who are now facing significant financial losses. The cities involved in the searches include Mumbai, […]

ED searches 29 premises across six cities in share investment fraud case

Digital Desk | Mumbai, Oct 16 (IANS) The ED on Friday conducted searches at 29 offices and residential properties across Mumbai, Ahmedabad and four other cities, seizing digital devices in an investment fraud linked to manipulation of share prices of two listed companies, an official statement said. During the search operations, various incriminating documents, digital devices, records of share transactions, and property documents were seized,…