ED Takes Legal Action in Premia Projects Money Laundering Case
A significant development has transpired in the ongoing investigation by the Directorate of Enforcement (ED) into M/s Premia Projects Ltd., M/s Solitaire Infomedia Pvt....
Overview of FinCEN’s Beneficial Ownership Reporting Rule
The Final Reporting Rule, which implements Section 6403 of the Corporate Transparency Act (CTA), has been amended in certain ways by this final rule....
US Presidential Candidate Criticizes Sanctions on Liberian Officials
The sanctions against Liberian officials were denounced by US Presidential candidate Senator Rollan A. Roberts II as "America's systematic, institutional, abusive corruption targeting the...
US Senate Votes on Anti-Money Laundering Act 2020: Tackling Anonymous ‘Shell Companies’ for Greater Financial Transparency
The Anti-Money Laundering Act of 2020, an amendment to the National Defense Appropriations Act, is up for a vote in the US Senate this...
ED Arrests Simpy Bhardwaj in Gain Bitcoin Ponzi Scheme
Under the terms of the Prevention of Money Laundering Act (PMLA), 2002, the Directorate of Enforcement (ED) detained Smt. Simpy Bhardwaj, also known as...