hawala business

Hyderabad authorities made a significant bust when they arrested a 40-year-old individual managing a staggering Rs 1.22 crore in cash, suspected to be hawala funds. While traveling from Mumbai on the Devagiri Express, he revealed that a jeweller in Mumbai had entrusted him with the money for a Secunderabad retailer, promising him Rs 5,000 for the delivery.

A decades-old investigation into drug lord Iqbal Memon alias Mirchi's assets has unearthed a complex web of transactions. The Enforcement Directorate is probing the illegal takeover and sale of prime Mumbai real estate, leading to arrests of associates and businessmen. Documents revealed Mirchi's transnational operations and family disputes that may have led to the leak of sensitive information.

Delhi Police is establishing hyper-local counter-terror units in every station to combat evolving threats. These specialized teams will focus on grassroots intelligence, monitoring vulnerable spots, radicalized individuals, and terror-gangster links. The initiative aims to disrupt sleeper cells and prevent weapon fabrication, enhancing national security preparedness across the capital.

Dhanbad police have significantly disrupted the Prince Khan gang's extortion activities by arresting key operatives, including an associate apprehended in Dubai with Interpol's help. This crackdown has led to a notable decrease in threats and demands, bringing relief to the business community in the coal belt.

Dhanbad police have significantly crippled the Prince Khan gang's extortion racket with the recent arrests of key operatives, including an associate apprehended in Dubai with Interpol's help. This crackdown has led to a notable drop in intimidation-driven demands across the coal belt, bringing much-needed relief to local businesses who had lived in fear.

An Enforcement Directorate investigation into political consultancy firm I-PAC has ignited a major political clash in West Bengal. The probe, initially focused on money laundering, has escalated into a confrontation involving raids and arrests. Chief minister Mamata Banerjee's alleged intervention during a raid has become a central point of contention, with both parties trading accusations ahead of crucial elections.

she provided an outline of a harrowing experience involving deception, physical violence, financial exploitation, and religious coercion. The victim met the accused, Nawaz, when he approached her to rent a shop. She alleged he falsely claimed to have converted to Hinduism and changed his name to Navadurga to gain her trust.

HYDERABAD: With legal transfer of money from foreign countries becoming a reality, hawala operators in the city have virtually gone out of business.

After the enforcement directorate unearthed a major hawala racket following raids on two operators - one in Jalandhar and the other in Ludhiana.

The Supreme Court has voiced concerns over the Centre's delay in formulating cryptocurrency regulations, highlighting potential economic risks and drawing parallels to illegal "hawala" operations. Justices questioned the lack of a clear policy, emphasizing the need for oversight to monitor the parallel under-market.

A sizeable section of Gujarat-based traders, especially those of mango, are learnt to be heavily dependent on hawala channels for their bulk monetary transactions which can attract heavy tax if done through legal channels.

City Task Force cops nabbed two persons in a money laundering case and seized Rs 21.90 lakh from their possession.

The post Covid recovery in businesses has an unusual indicator from Malappuram in the form of increased hawala seizures. The uptick in the overall economy, including business activity in the Gulf, has led to spurt in the parallel economy as well going by the hawala seizures made by police in Malappuram.

Two Gujarat-based men were on Friday nabbed with around Rs 17 lakh cash in their possession. Police suspect the duo were into hawala business as they could not give any satisfactory answer about the seized money.

The arrest of three persons on national highway 8 near Kamrej with Rs 50 lakh cash on March 2 has pointed fingers to vicious hawala network operating in the state.

Task Force police busted a hawala racket and apprehended three persons on Thursday.Cops recovered incriminating evidence and .

A businessman running a hawala racket along with three others was arrested and ₹1.1 crore cash seized from them during a police vehicle check at MJ Bridge in Jummerat Bazar on Thursday night.

Ashish Mehta The investigation wing of the income tax department has unearthed nearly Rs 225 crore of undisclosed income and seized at least Rs 10 crore this year so far.

Names of several businessmen have emerged in the investigations into the hawala operations of Surat-based Afroz Hasan Fatta, who was arrested on Wednesday by the Enforcement Directorate.