The Directorate of Enforcement (ED) has undertaken search operations at several sites in Hyderabad in connection with a money laundering case being investigated against Syed Burhanuddin and others about a case of cheating and forgery.
The ED launched an investigation based on an FIR filed by the Hyderabad Police based on a complaint alleging that Syed Burhanuddin, through his associate Venkatraman Yadav, had filed a complaint with the Directorate of Enforcement, New Delhi, against a person alleging his involvement in money laundering, hawala, and other illegal activities. The FIR also claimed that Syed Burhanuddin faked and manufactured the documents by using a fake ED stamp and displaying a false acceptance proving receipt of the complaint by the ED.
According to the FIR, Syed Burhanuddin further threatened the complainant with terrible repercussions and offered to assist him by settling his case for a monetary payment of Rs. 10 crore by falsely displaying his closeness with ED officers and his association with the PMO.
An ED investigation revealed that several other FIRs were filed against Syed Burhanuddin, all of which contained similar allegations and used a similar method of approaching people with bogus offers to settle their cases by falsely projecting his association with high-ranking officers of various organizations.
Search activities resulted in the recovery and seizure of digital devices as well as incriminating documents such as property documents, documents demonstrating his association with numerous entities, including foreign entities, and documents revealing unaccounted property transactions. More research is being conducted.
