ED Conducts Searches in Delhi, Uttar Pradesh, Haryana in Alleged ₹190 Crore Bank Loan Fraud

Probe Agency ED Raids 10 Places In Delhi-NCR In Rs 190 Crore Bank Fraud

The Enforcement Directorate on Thursday conducted searches in Delhi, Uttar Pradesh and Haryana as part of a money laundering investigation linked to an alleged bank loan fraud of Rs 190 crore,... ...

ED conducts searches in Delhi, Uttar Pradesh, Haryana in alleged ₹190 crore bank loan fraud

The Enforcement Directorate conducted searches across Delhi, Uttar Pradesh, and Haryana related to a ₹190 crore money laundering investigation tied to Shri Sidhdata Ispat.

ED searches 10 locations in ₹190 crore Bank of Baroda fraud case against Sidhdata Ispat Pvt Ltd – The Indian Awaaz

The Enforcement Directorate is conducting searches at ten locations in a case against Shri Sidhdata Ispat Private Limited and others, in which Bank of Baroda was defrauded to the tune of around one hundred ninety crore rupees. The searches are being carried out at places related to the directors, promoters and partners of the company in Delhi, Ghaziabad, Noida, and Panipat.

Bank 'fraud': ED raids in Delhi, UP, Haryana

New Delhi, Jun 5 (PTI) The Enforcement Directorate on Thursday conducted searches in Delhi, Uttar Pradesh and Haryana as part of a money laundering investigation linked to an alleged bank loan fraud of Rs 190 crore, official sources said.The case pertains to Shri Sidhdata Ispat Private Limited and others in which Bank of Baroda (former Dena Bank) is claimed to have been defrauded, they said.At least ten locations in Delhi, Ghaziabad and Noida in…

ED files charge sheet in ₹3.92 crore money laundering case

According to the FIR, the accused submitted forged documents and falsified records to fraudulently secure a loan. The ED’s investigation revealed that M/s Avon Cold Storage availed term loan facilities from Union Bank on the basis of bogus proforma invoices allegedly issued by M/s Patmax Engineers Private Limited. The funds, meant for the purchase of plant and machinery to set up a cold storage unit, were instead siphoned off through a web of e…

ED arrests Sudhanshu Dwivedi in ₹96.68 Crore money laundering case

Mumbai: The Directorate of Enforcement, Mumbai Zonal Office, has arrested Sudhanshu Dwivedi under the Prevention of Money Laundering Act, 2002 (PMLA Act).  His arrest is part of an ongoing investigation into a large-scale financial fraud case.  Following his detention, Dwivedi was presented before the Special Court for PMLA in Mumbai, where the court not only approved Sudhanshu Dwivedi's arrest but also granted the Enforcement Directorate remand…