Pancard Scam Busted: ED Seizes Global Assets in ₹4,500 Cr.

The Enforcement Directorate says its investigation into a Goa-based digital arrest scam has uncovered an alleged pan-India cyber fraud network involving losses of more than ₹400 crore and 330 victims. The agency has arrested Fahim Moin Hussain Sayed and Naim Mueen Sayyed under the Prevention of Money Laundering Act. Investigators are examining how alleged fraud proceeds moved through hundreds of beneficiary accounts before being withdrawn as cash and converted into foreign currency. The ED said an interconnected network of businesses handled banking transactions exceeding ₹27,850 crore.

ED Probe Reveals Rs 400-Crore Digital Arrest Racket; 330 Victims Trapped in Pan-India Fraud Network 

The Enforcement Directorate has arrested two persons in connection with a Goa-based digital arrest scam investigation. The officials said the investigation has uncovered a nationwide cyber fraud network with the cumulative loss of more than Rs 400 crore.

The ED digital arrest scam probe has unearthed a sprawling pan-India cyber fraud network, which has suffered losses of over Rs 400 crore and is linked to hundreds of complaints and criminal cases.

The Enforcement Directorate (ED) said it has arrested Fahim Moin Hussain Sayed and Naim Mueen Sayyed under Section 19 of the Prevention of Money Laundering Act (PMLA), 2002. Sunday saw the arrests of the two individuals, who were presented before a court in Goa on Monday.

The agency said the probe is based on a case registered with the Cyber Crime Police Station in Goa last year. Since then, the probe has snowballed into what officials say is a highly organized network of cyber fraud operators operating across multiple states and Union Territories.

The Enforcement Directorate has arrested Mumbai-based Fahim Moin Hussain Sayed and Naim Mueen Sayyed in a money laundering investigation linked to an alleged pan-India digital arrest fraud network. The agency is examining transactions estimated at nearly ₹30,000 crore, including around ₹27,000 crore through bank accounts and another ₹3,000 crore in suspected cash dealings. The probe reportedly began after a Goa-based woman was allegedly coerced into transferring ₹2.60 crore to accounts described as “Secret Supervision Accounts.” Investigators are tracing mule accounts, cash withdrawals and currency conversions.

ED Arrests Fahim Moin Hussain Sayed, Naim Mueen Sayyed in ₹30,000-Crore Digital Arrest Fraud Probe

The Enforcement Directorate has arrested two Mumbai-based men in a money laundering case linked to an alleged pan-India cyber fraud syndicate involving transactions estimated at Rs 30,000 crore.

The Enforcement Directorate (ED) has said that two men have been arrested in Mumbai in the ₹30,000-crore digital fraud case. The agency is probing an alleged pan-India cybercrime network involved in large-scale financial transactions.

The suspects have been identified as Fahim Moin Hussain Sayed and Naim Mueen Sayyed. Both were detained in Mumbai on Sunday, August 23, before the ED confirmed their detention on Monday, sources cited in reports said.

The probe, it is understood, was initiated after a complaint was filed by a Goa-based woman who was allegedly targeted in a digital arrest scam. In May-June 2025, she was allegedly forced to transfer ₹2.60 crore to accounts called “Secret Supervision Accounts.”

The Enforcement Directorate has intensified its investigation into an alleged ₹58.42 crore online betting and gaming fraud after conducting searches at 12 premises across Nagpur, Gondia and Ahmedabad. The agency said more than 100 bank accounts were frozen and financial and digital evidence was seized during the August 18 operation. The investigation centres on allegations that investors were promised substantial returns through online gaming and betting platforms, while funds were allegedly routed through mule accounts, agent accounts and cash-delivery channels to conceal the money trail.

ED Raids 12 Premises in Rs 58 Crore Online Betting Scam; Freezes Over 100 Accounts

The Enforcement Directorate (ED) has conducted searches in Nagpur, Gondia and Ahmedabad in connection with an alleged Rs 58.42 crore online betting and gaming fraud. Authorities have frozen over 100 bank accounts and seized several assets as part of the investigation.

The Enforcement Directorate’s investigation into an online betting racket has grown after the search of 12 locations revealed financial assets, digital evidence and bank accounts purportedly associated with a Rs 58.42 crore money laundering network.

Officials said the searches were carried out on August 18 under the Prevention of Money Laundering Act, 2002, at premises linked to the accused Anant Navratran Jain, also known as Sontu Jain, and associates.

The federal agency said the probe was initiated after a First Information Report (FIR) was registered at the Cyber Crime Police Station, Nagpur City, against Anant Navratran Jain and others.

The 26/11 Mumbai terror attack case has entered a new legal phase, with proceedings initiated against six Pakistan-based accused who remain outside the reach of Indian investigators. The case involves Lashkar-e-Taiba-linked figures including Hafiz Saeed and Zaki-ur-Rehman Lakhvi. Mumbai’s special court is pursuing the statutory process for proceedings in their absence under Section 356 of the Bharatiya Nagarik Suraksha Sanhita, 2023. The prosecution is expected to rely on evidence from the original investigation, including material connected to David Headley and Ajmal Kasab.

26/11 Mumbai Terror Attack Masterminds Hafiz Saeed, Lakhvi Face In Absentia Trial Under BNSS

India has started the in absentia trial of six Pakistan-based accused in the 2008 Mumbai terror attacks under Section 356 of the Bharatiya Nagarik Suraksha Sanhita.

The legal process in the 26/11 Mumbai terror attack case has entered a crucial new phase with the trial of six Pakistani accused starting outside India.

The trial is of Lashkar-e-Taiba leaders Hafiz Saeed and Zaki-ur-Rehman Lakhvi, who Indian authorities have long identified as senior members of the group responsible for the attacks.

A special court in Mumbai has issued warrants against the accused, who are absconding, to start the statutory process that has to be followed before proceedings can be continued in their absence.