India

ED raids multiple premises in Nalanda in money laundering case

Darpan News Desk IANS, 18 Jul, 2024 12:25 PM

Patna July 18 (IANS) Separate teams of the Enforcement Directorate (ED) on Thursday conducted raids at four places in Bihar’s Nalanda district as part of a money laundering investigation related to cryptocurrency.

According to sources, individuals involved in the racket used a gaming app called FIEWIN to dupe people.

The ED teams carried out raids at Amber Naisarai, Garhpar, Hospital Chowk, and Badi Pahadi Mohalla areas of the district. During the operations, the ED officials seized important documents, laptops, and hard disks. However, no arrests have been made in connection with the case so far.

Confirming the raids, Ramashankar Singh, the SHO of the City police station, said, “The operations were carried out confidentially. The details have not been shared by the ED officials."

Sources said the operators of the FIEWIN gaming app reportedly have links to Chinese nationals, whose involvement cannot be ruled out. The operators allegedly amassed crores of rupees through the gaming app and transferred the cryptocurrency earnings abroad.

The raids were initiated after information was received that some individuals in Biharsharif were involved in share trading and were enticing people to invest in the FIEWIN app, which promised returns ranging from double to 36 times the investment by guessing colours.

The winners could earn in cryptocurrencies such as Bitcoin and Ethereum.

Prev Next

MORE India ARTICLES

Sisodia not sharing Tihar Jail cell with anyone: Officials

The officials said that some dreaded criminals were lodged in the same ward, adding that Sisodia has not raised any complaint in food or other things so far. Sisodia, who was arrested on February 26 in the Delhi excise policy case, was lodged in the cell on Monday after due formalities which included some medical tests.

Sisodia not sharing Tihar Jail cell with anyone: Officials

Delhi court to hear arguments on charges against Shraddha murder accused on Mar 20

Special public prosecutor (SPP) Amit Prasad argued the charges against Poonawala. It was submitted that the accused is a trained chef from Taj Hotel and is aware of preserving the flesh. Poonawala had also ordered dry ice, agarbatti etc. after killing Shraddha Walker, the police said.

Delhi court to hear arguments on charges against Shraddha murder accused on Mar 20

Moosewala's parents seek justice for slain son

Carrying placards, father Balkaur Singh and mother Charan Kaur told the media it has been almost a year of the crime occurrence and the main culprits have not been arrested.They demanded that the case should be investigated by the Central Bureau of Investigation (CBI) as crucial witnesses "are being eliminated and nothing is going in their favour."

Moosewala's parents seek justice for slain son

Delhi Police bust inter-state gang involved in stealing luxury cars; 2 held

The accused were identified as Mohd. Danish (33) and Danish alias Raja (30), both residents of Sambhal in Uttar Pradesh. Police have also recovered five high end luxury cars and SUVs from the possession of the accused.

Delhi Police bust inter-state gang involved in stealing luxury cars; 2 held

Punjab tourists ransack shops, houses in Himachal's Manikaran

The cause of the provocation is yet to be ascertained, an official told IANS, adding the situation is under control. Videos of the ruckus were viral on the social media. Many parked vehicles and a nearby police station was pelted on with stones.

Punjab tourists ransack shops, houses in Himachal's Manikaran

Delhi court sends Sisodia to judicial custody till March 20

The court had, on March 4, extended Sisodia's CBI custody for two days and listed his bail plea for March 10 and in the last two days, the CBI questioned him with key witnesses -- former excise commissioner Arva Gopi Krishna and former excise department secretary C. Arvind -- in this case, who recorded their statements in front of a magistrate.