ED raids Archives - National Times

10 May

AAP launches statewide protests in Punjab against BJP following ED action on Sanjeev Arora

Gurpreet Singh0 CommentsPunjabAAP, BJP, ED raids, Harpal Cheema, Punjab, Sanjeev Arora

Chandigarh (Gurpreet Singh): The Aam Aadmi Party (AAP) on Sunday launched statewide protests against the BJP-led Central Government, asserting that the BJP is misusing central agencies like the Enforcement Directorate (ED), CBI and Income Tax Department to target opposition leaders and destabilize non-BJP governments. AAP leaders and karyakartas staged demonstrations and gheraoed BJP offices at district headquarters across Punjab, raising slogans against Narendra Modi and the BJP government over the ED action against Cabinet Minister Sanjeev Arora. The protests were held in districts including Hoshiarpur, Patiala, Mohali and several other parts of Punjab, where AAP leaders noted that the BJP…

ED freezes Rs 1.4 crore after raids across 11 premises linked to Harcharan Bhullar in money laundering probe

Gurpreet Singh0 CommentsIndiaDIG Harcharan Singh Bhullar, ED raids

Gurpreet Singh :- The Enforcement Directorate (ED) has seized ₹1.4 crore and recovered key documents related to alleged money laundering involving suspended Punjab Deputy Inspector General of Police Harcharan Singh Bhullar, a senior ED official told The Tribune on Wednesday. Search operations were conducted on Monday at 11 locations across Chandigarh, Ludhiana, Patiala, and Jalandhar. These raids, carried out by the ED’s Chandigarh Zonal Office under the Prevention of Money Laundering Act, targeted properties linked to Bhullar, his associates such as property dealers, and suspected “benamidars.” Officials said investigations are ongoing to uncover links between property dealers, intermediaries, and public…

ED Freezes ₹170 Crore in Shell Company Accounts Linked to QFX Trade Ltd Forex Scam

Rajeev Sharma0 CommentsBusinessED raids, forex trading fraud, QFX Trade Ltd, YFX scam

New Delhi, February 13, 2025: The Enforcement Directorate (ED) has frozen movable properties worth ₹170 crore, including balances in over 30 bank accounts linked to shell companies, in connection with a massive forex trading scam operated by QFX Trade Ltd. The crackdown follows raids conducted on February 11 under the Prevention of Money Laundering Act (PMLA), 2002, in Delhi, Noida, Rohtak (Haryana), and Shamli (Uttar Pradesh). The scam, orchestrated through multi-level marketing (MLM) tactics, involved directors Raiender Sood, Vineet Kumar, Santosh Kumar, and Nawab Ali alias Lavish Chaudhary, who promised investors high returns on forex trading.The investigation revealed that QFX…