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Probe Agency Arrests Conversion Gang Mastermind Chhangur Baba's Aide
A special PMLA court in Lucknow granted custody of Naveen Rohra, an alleged aide of Chhangur Baba, to the ED as part of a money-laundering investigation linked to an alleged illegal religious conversion racket in Uttar Pradesh, official sources said.
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Fake Call Centre Scammed Foreigners, Busted. Assets Attached By Enforcement Directorate
The Patna zonal office of the Enforcement Directorate (ED) has provisionally attached movable and immovable properties worth approximately Rs 2.83 crore under the Prevention of Money Laundering Act (PMLA), 2002.
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Probe Agency ED Raids Congress MLA Subba Reddy's Properties In Bengaluru
The Directorate of Enforcement (ED) was conducting raids on the residence and properties of three-time Congress MLA S.N. Subba Reddy in Bengaluru on Thursday.
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UK Bolsters Web3 Investigations, Appoints First Crypto Intelligence Specialist to Insolvency Service
The UK government appointed Andrew Small as the first crypto specialist in the Insolvency Service, which is responsible for the recovery and tracing assets linked to bankrupt individuals or liquidated companies. In the past five years, the number of insolvency cases involving crypto as a recoverable asset have clocked a massive increase of 420 perc...
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Google Play Store Blocks 17 Unregistered Crypto Exchanges in South Korea, Apple May Follow
Google Play has restricted access to 17 foreign crypto exchanges in South Korea, including KuCoin, in compliance with a regulatory directive. These exchanges can no longer be installed on Android devices within the country. The move aligns with South Korea’s efforts to regulate the digital asset market and enforce compliance among overseas platfo...
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30,000 Taxpayers Declare Foreign Assets Worth More Than 29,000 Crores: Sources
The number of taxpayers disclosing foreign assets and income voluntarily has witnessed a steep rise in the last few years, according to government data.
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US Court Reverses OFAC’s Sanctions Against Crypto Mixer Tornado Cash
On January 21, the US District Court for the Western District of Texas reversed OFAC’s sanctions against Tornado Cash. The US Treasury’s Office of Foreign Assets Control (OFAC) levied sanctions against the platform in 2022 for allegedly becoming a solution for money launderers to move illegal funds around.
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Iran Hopes Prisoner Swap With US Will Happen Today After Assets Unfrozen
Iran hopes that a prisoner swap with the United States will go ahead Monday, once Tehran gains access to $6 billion frozen by US ally South Korea, the Iranian foreign ministry said.
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Rs 37-Crore Asset Of Goa Miner's Son Seized In 'Pandora Papers' Probe
The Enforcement Directorate today said it has seized an asset worth Rs 36.8 crore of a Goa-based miner's son as part of its investigation into 'Pandora Papers' leaks which "revealed" his alleged undisclosed foreign exchange dealings outside India.
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Bungalows, Cars Worth $734.32 Million Seized In Singapore Money Laundering Case
Singapore's police said they have seized S$1 billion ($734.32 million) in assets from a gang of foreigners laundering proceeds from organised crime, including plush bungalows in the most sought-after addresses, bundles of cash,
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Mining Baron Anil Salgaocar's Assets Attached Over Forex Violation
The Enforcement Directorate has issued a seizure order against the estate of former Goa MLA and mining magnet Anil Salgaocar and seized the shares held by this estate in connection with the foreign assets held by Mr Salgaocar before his death.
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Israel Follows UK to Exempt Foreigners from Paying Taxes on Crypto Gains: Details
Israel aims to paint its picture as a pro-crypto nation to attract investors to engage with its economy. To do so, the country is mulling if Israel should exempt foreigner residents from paying taxes on incomes derived from the sale of crypto assets.
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Rs 13,566 Crore Tax Demands Raised In 4 Years: Minister
The income tax department raised tax demands amounting to Rs 13,566 crore during the last four financial years under the black money law to deal with undisclosed foreign income and assets, the government told Parliament on Monday.
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Voyager Gains Initial Court Approval for $1 Billion Binance Deal, Responds to National Security Concerns
Voyager, the bankrupt crypto lender on Tuesday said it had received initial court approval for the proposed sale of the firm's assets to Binance. The lender also said that it would address any issues that would lead the US Committee on Foreign Investment in the United States (CFIUS) to oppose the transaction, which it says will allow customers to r...
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Will Retaliate If European Union Seizes State Assets: Russia
Russia will retaliate if its state and citizens' assets are confiscated by the European Union, the Foreign Ministry said on Thursday.
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Probe Agency Arrests Conversion Gang Mastermind Chhangur Baba's Aide
A special PMLA court in Lucknow granted custody of Naveen Rohra, an alleged aide of Chhangur Baba, to the ED as part of a money-laundering investigation linked to an alleged illegal religious conversion racket in Uttar Pradesh, official sources said.
-
Fake Call Centre Scammed Foreigners, Busted. Assets Attached By Enforcement Directorate
The Patna zonal office of the Enforcement Directorate (ED) has provisionally attached movable and immovable properties worth approximately Rs 2.83 crore under the Prevention of Money Laundering Act (PMLA), 2002.
-
Probe Agency ED Raids Congress MLA Subba Reddy's Properties In Bengaluru
The Directorate of Enforcement (ED) was conducting raids on the residence and properties of three-time Congress MLA S.N. Subba Reddy in Bengaluru on Thursday.
-
UK Bolsters Web3 Investigations, Appoints First Crypto Intelligence Specialist to Insolvency Service
The UK government appointed Andrew Small as the first crypto specialist in the Insolvency Service, which is responsible for the recovery and tracing assets linked to bankrupt individuals or liquidated companies. In the past five years, the number of insolvency cases involving crypto as a recoverable asset have clocked a massive increase of 420 perc...
-
Google Play Store Blocks 17 Unregistered Crypto Exchanges in South Korea, Apple May Follow
Google Play has restricted access to 17 foreign crypto exchanges in South Korea, including KuCoin, in compliance with a regulatory directive. These exchanges can no longer be installed on Android devices within the country. The move aligns with South Korea’s efforts to regulate the digital asset market and enforce compliance among overseas platfo...
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30,000 Taxpayers Declare Foreign Assets Worth More Than 29,000 Crores: Sources
The number of taxpayers disclosing foreign assets and income voluntarily has witnessed a steep rise in the last few years, according to government data.
-
US Court Reverses OFAC’s Sanctions Against Crypto Mixer Tornado Cash
On January 21, the US District Court for the Western District of Texas reversed OFAC’s sanctions against Tornado Cash. The US Treasury’s Office of Foreign Assets Control (OFAC) levied sanctions against the platform in 2022 for allegedly becoming a solution for money launderers to move illegal funds around.
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Iran Hopes Prisoner Swap With US Will Happen Today After Assets Unfrozen
Iran hopes that a prisoner swap with the United States will go ahead Monday, once Tehran gains access to $6 billion frozen by US ally South Korea, the Iranian foreign ministry said.
-
Rs 37-Crore Asset Of Goa Miner's Son Seized In 'Pandora Papers' Probe
The Enforcement Directorate today said it has seized an asset worth Rs 36.8 crore of a Goa-based miner's son as part of its investigation into 'Pandora Papers' leaks which "revealed" his alleged undisclosed foreign exchange dealings outside India.
-
Bungalows, Cars Worth $734.32 Million Seized In Singapore Money Laundering Case
Singapore's police said they have seized S$1 billion ($734.32 million) in assets from a gang of foreigners laundering proceeds from organised crime, including plush bungalows in the most sought-after addresses, bundles of cash,
-
Mining Baron Anil Salgaocar's Assets Attached Over Forex Violation
The Enforcement Directorate has issued a seizure order against the estate of former Goa MLA and mining magnet Anil Salgaocar and seized the shares held by this estate in connection with the foreign assets held by Mr Salgaocar before his death.
-
Israel Follows UK to Exempt Foreigners from Paying Taxes on Crypto Gains: Details
Israel aims to paint its picture as a pro-crypto nation to attract investors to engage with its economy. To do so, the country is mulling if Israel should exempt foreigner residents from paying taxes on incomes derived from the sale of crypto assets.
-
Rs 13,566 Crore Tax Demands Raised In 4 Years: Minister
The income tax department raised tax demands amounting to Rs 13,566 crore during the last four financial years under the black money law to deal with undisclosed foreign income and assets, the government told Parliament on Monday.
-
Voyager Gains Initial Court Approval for $1 Billion Binance Deal, Responds to National Security Concerns
Voyager, the bankrupt crypto lender on Tuesday said it had received initial court approval for the proposed sale of the firm's assets to Binance. The lender also said that it would address any issues that would lead the US Committee on Foreign Investment in the United States (CFIUS) to oppose the transaction, which it says will allow customers to r...
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Will Retaliate If European Union Seizes State Assets: Russia
Russia will retaliate if its state and citizens' assets are confiscated by the European Union, the Foreign Ministry said on Thursday.
