Enforcement Directorate Finds Cash and Jewelry in Bank Fraud Case in Delhi and Other Cities

The Enforcement Directorate (ED) conducted search operations at 40 locations, including the Delhi-National Capital Region (NCR), in connection with a bank fraud case. The agency recovered cash worth Rs 2.53 crore and jewelry worth Rs 1.1 crore.

On June 20, ED Gurugram conducted searches at 40 locations in Delhi NCR, Gurugram, Mumbai, and Nagpur under the Prevention of Money Laundering Act (PMLA), 2002. The case involves M/s ACIL Limited, M/s Amtek Auto Limited, Arvind Dham, Anubhav Dham, Gautam Malhotra, and others.

According to a statement from the agency, “During the search operations, various incriminating documents, cash worth Rs 2.53 crore, and jewelry worth more than Rs 1.1 crore were recovered and seized.”

Additionally, searches were conducted at 11 locations in and around Hyderabad on June 21 and June 22 under the PMLA, 2002, in connection with irregularities in Operation Mobilization Group of Charities.