ZisNews - Breaking News & Updates

THe Enforcement board of directors (ED) on mon said it had seized little phoebe luxuriousness cars, cant lockers, cash worth ₹17 lakh, digital devices, documents and other data linked to Inderjit Singh Yadav, a wanted criminal now reportedly based in the United Arab Emirates, and his associates.The seizures came after a large-scale operation conducted on December 26-27 at 10 locations across Delhi, Gurugram, and Rohtak. The searches were part of an ongoing money laundering investigation under the Prevention of Money Laundering Act (PMLA), 2002, involving Inderjit, his accomplices, Apollo Green Energy Ltd, and other associated entities, ANI reported.Also read| ED seizes luxury cars, watches, cash in probe against two brokersInderjit had developed and operated a website facilitating loan settlements between corporate houses and private financiers. Investigators also found that several movable and immovable assets had been acquired in the names of Inderjit and his family members using proceeds from crime.The probe follows 15 FIRs and multiple chargesheets filed by Haryana and Uttar Pradesh Police under the Arms Act, 1959, Bharatiya Nyaya Sanhita (BNS), 2023, and the Indian Penal Code, 1860. The complaints allege that Inderjit, who owns Gem Records Entertainment Pvt Ltd (operating as ‘Gems Tunes’), has been involved in serious criminal activities, including murder, extortion, coercive loan settlements, fraud, illegal land grabbing, and other violent offences.Also read| 'Argue inside the court': CJI slams online allegations against Delhi HC judges in Unnao rape caseThe ED said its money laundering investigation centres on Inderjit’s role as a strongman and enforcer, allegedly coercing corporate borrowers into settling high-value loans with private financiers. Investigators claim these settlements, sometimes worth hundreds of crores, were achieved through threats, intimidation, and armed gangs, often involving organised crime syndicates operating from abroad.The agency added that Inderjit allegedly earned hundreds of crores as commissions from such transactions, which were then used to purchase immovable properties, luxury vehicles, and fund a lavish lifestyle, all while declaring minimal income in tax returns.With PTI inputs

Global News Perspectives

In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.

Customizable News Feed

At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.

Like or Comment on News

Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.

Download the Android App

For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.

Diverse News Categories

With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.

Cash, luxury cars and more: ED seizes assets linked to UAE-based wanted criminal in Delhi, Haryana raids

Global News Perspectives

Customizable News Feed

Like or Comment on News

Download the Android App

Diverse News Categories

Category News

Country News