Utkarsh Naikwadi

82 Articles

Bank Fraud Cases: Directorate of Enforcement Arrested 4 persons Fraud Cases by Chennai-based Surana Group of Companies

On July 12, 2022, the Indian AML watchdog Directorate of Enforcement (ED) made four arrests in relation to the Surana Group of Companies, situated in Chennai,...

Sikkim MCX Fraud case: ED Froze Rs 4.65 Crore from the bank accounts of brokers

In the Sikkim MCX Fraud case, the Indian AML watchdog Directorate of Enforcement (ED) has searched 8 sites in Sikkim, Kolkata, Delhi, and Mumbai. The sites...

Illegal coal mining: ED Attached Assets worth 15 Crore of Joydeb Mondal

In an illegal coal mining case, the Indian AML watchdog Directorate of Enforcement (ED) has temporarily attached Joydeb Mondal's and Gurupada Maji's movable property to the...

ED has seized properties worth 17 crores of K. Mohammed Haris under FEMA, 1999

Under the terms of the Foreign Exchange Management Act (FEMA), 1999, the Indian AML watchdog Directorate of Enforcement (ED) has taken possession of the immovable...

ED Attached Assets Worth 14 Crore in Morris Coin Crypto Currency cheating case

In the Morris Coin cryptocurrency fraud case, the Indian AML watchdog Directorate of Enforcement (ED) has attached assets worth Rs. 14 crores in accordance with the...

Breaking

11 defendants charged in nationwide marriage fraud scheme involving foreign nationals

Summary A two-count indictment was unsealed today charging 11 individuals...

Chinese national pleads guilty in attempt to obtain sensitive U.S. military technology

Summary Earlier today, Dingwei Chen, a 29-year-old citizen of the...

3 gang members sentenced to life in prison for murder tied to Mexican Mafia

Mike Escobar, also known as “Risky,” 43, a member...

Corporate Due Diligence: Purpose and Company Assessment

1. Introduction Making the right business decision requires more than...