India’s Enforcement Directorate searched 19 locations on July 10 and 11 as part of a money laundering probe tied to online investment fraud and so-called work-from-home scams, according to Magzter. The raids covered 16 sites in Tamil Nadu, two in Kerala, and one in Srinagar. During the operation, authorities seized cryptocurrency worth about Rs 33.5 crore, recovered Rs 145,000 in cash, and froze bank accounts holding more than Rs 400,000. Investigators also took possession of documents, electronic devices, and banking records as part of the case. The report frames the action as part of an ongoing probe into suspected financial misconduct linked to fraudulent online schemes.
India’s Enforcement Directorate searched 19 locations on July 10 and 11 in a money laundering investigation tied to online investment fraud and so-called work-from-home scams, according to Magzter.
The searches covered 16 locations in Tamil Nadu, two in Kerala, and one in Srinagar. Authorities said the operation led to the seizure of cryptocurrency worth about Rs 33.5 crore, the recovery of Rs 145,000 in cash, and the freezing of bank accounts holding more than Rs 400,000. Investigators also seized documents, electronic devices, and banking records.
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