Click it and Unblock the Notifications
Just In
Don't Miss
-
Kerala Spearheads Revival of Iconic Double-Decker Trains in India -
These Common Habits Can Be Insidious, Can Hurt Any Partner And Ruin Any Relationship -
AP EAPCET 2024 exam dates revised; Check the date here -
PBKS vs MI IPL 2024: Rohit Sharma Set to Become 2nd Player After MS Dhoni to Play 250 IPL Matches -
Hairstyles For This Summer: Alia's Braid To Ananya's Sleek Look, Celeb Approved Chic Styles You Must Try -
Redmi Pad Pro 5G Likely to Launch Soon in India; Spotted on Google Play Console Database -
Just Dial Hits 52-Week High With 13% Surge On Q4 Results Growth -
From Coconut Breaking on Head to Men Dressing as Women: 12 Unique Indian Rituals Explored
ED officials turn 'clients' to bust money laundering racket
Seven middlemen have been arrested so far for laundering money in Karnataka.
Bengaluru, Dec 13: Officials from Enforcement Directorate posed as clients to bust a major black money conversion racket largely in Karnataka. The major breakthrough came after the ED officials themselves approached racketeers and changed currency notes.
Seven middlemen have been arrested so far for laundering money. A major part of the nexus was busted in Karnataka. Officials from the Enforcement Directorate suspect that the same group had converted currencies earlier.
The ED has found new currency worth Rs 93 lakh from those arrested. The agency is also trying to establish links of middlemen with bank officials.
Following the arrests, many bank officials are now on the radar of the ED. The officials claim that the middlemen were converting money for commission of 15%-30%.
OneIndia News
