Bengaluru: ED arrests 4 in cyber investment 'scam' linked money laundering case
New Delhi, Sep 2: The Enforcement Directorate has arrested four persons in Bengaluru under the anti-money laundering law PMLA for allegedly duping people in the name of investing in stock markets using some fraudulent mobile phone apps.
Shashi Kumar M, 25, Sachin M, 26, and Kiran S K, 25, were arrested on August 15 while Charan Raj C, 26, was taken into custody on August 21, the agency said in a statement on Monday.
All four were involved in the incorporation of companies and opening of bank accounts through which proceeds of crime generated from the alleged cyber scam were laundered, it said.
The money laundering case filed under sections of the Prevention of Money Laundering Act (PMLA) stems from multiple police FIRs including those filed in Faridabad in Haryana, Noida in Uttar Pradesh and Bathinda in Punjab.
"Similar modus operandi has been adopted by fraudsters in various other FIRs to cheat innocent persons by luring them to transfer their hard-earned money on the pretext of investment in high return yielding financial products through fraudulent apps," it said.
The agency said the "scamsters" induced the victims to invest in various fake IPO stocks and stocks and made them transfer their money to the bank accounts of "shell" companies created for the specific purpose of collection of cybercrime proceeds.
"Incriminating" material including mobile phones and other digital devices were seized during the searches conducted in this case and the agency said it has, so far, traced "proceeds of crime" worth more than Rs 25 crore from this investment cyber "scam".
So far, 13 searches have been conducted under the provisions of PMLA, 2002 at various premises which led to seizure of various incriminating material including mobile phones and other digital devices.
— ED (@dir_ed) September 2, 2024
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MP: Woman, lover conspire to get husband killed; police looking for contract killer
Dhar (MP) (PTI): A 25-year-old woman and her lover have been arrested in the district for allegedly conspiring to kill her husband by hiring a contract killer, police said on Thursday.
The case was solved within 36 hours of the murder though the woman initially tried to mislead the police by claiming that robbers killed her husband, an official said.
Dev Krishna Purohit (28) was stabbed to death on the intervening night of Monday and Tuesday at his house in Gondikheda Charan village, about 60 km from here.
Superintendent of Police Mayank Awasthi told reporters that accused Priyanka Purohit (25) was married to Dev Krishna when she was around 15 years old. Priyanka moved to her matrimonial home after attaining adulthood but was unwilling to live with her husband, leading to frequent disputes between them.
During investigation, it emerged that she was in a relationship with Kamlesh (32), the SP said.
The duo allegedly hatched a plan to kill Dev Krishna and hired a man identified as Surendra for Rs 1 lakh do the job, he said
After Dev Krishna was killed, Priyanka told police that unidentified persons broke into the house, attacked her husband with a sharp weapon while holding her captive in another room, and fled with valuables.
But the inconsistencies in her statements raised suspicion, and eventually she confessed to hatching the murder conspiracy, the SP said.
While she and Kamlesh were arrested, police are looking for the contract killer, the official added.
