Money Laundering
All verified international reports and analysis published on this topic
crimeED Files Supplementary Complaint Against 'Challenger King' in ₹157 Crore Mule Account Network Case
The Enforcement Directorate (ED) has filed a third supplementary prosecution complaint against Mehmood Bhagad, known as 'Challenger King', in connection with a ₹157 crore mule bank account network involving cyber fraud, illegal betting, and USDT transactions.
Oct 7, 2026
crimeED's Big Action in Money Laundering Case: Land Worth ₹336 Crore Attached, Industrialist's Firm Under Scanner
The Enforcement Directorate (ED) has taken significant action in a money laundering case, attaching 88.47 acres of land worth ₹336 crore linked to industrialist Anand Jain's company Jay Corp Ltd. and others. This move, carried out under the Prevention of Money Laundering Act (PMLA), is part of an ongoing investigation into alleged financial irregularities and diversion of funds raised through Urban Infrastructure Venture Capital Fund (UIVCF).
Oct 7, 2026