Latest News

  • Home
  • National
  • Karnataka: Seven middlemen arrested by ED, Rs 93 lakh in new notes seized
Karnataka: Seven middlemen arrested by ED, Rs 93 lakh in new notes seized
Tuesday, December 13, 2016 IST
Karnataka: Seven middlemen arrested by ED, Rs 93 lakh in new notes seized

Karnataka: Seven middlemen arrested by ED, Rs 93 lakh in new notes seized

The Enforcement Directorate (ED) has captured seven charged agents and seized Rs 93 lakh in new cash in Karnataka, uncovering a racket required in unlawful change of demonetised notes.

Authorities said the organization put the seven, including the relative of an administration official, in custody late on Monday under arrangements of the Prevention of Money Laundering Act (PMLA).

Rs 93 lakh in new notes of Rs 2000 have been seized for the situation, they included.

Authorities said the move was made as a component of a test for a situation where the Income Tax office had as of late seized Rs 5.7 crore trade out new coin and the Enforcement Directorate had booked a tax evasion body of evidence against an administration architect and others in view of a CBI FIR for the situation.

The usual way of doing things received by the asserted agents, authorities said, was uncovered after ED authorities propelled an extraordinary operation and themselves acted like "clients" hoping to get old coin changed unlawfully, in the wake of paying commission to the said go betweens.

Authorities said the test by the office found that these affirmed agents were supposedly charging a commission between 15-35 for every penny and were executing the racket of unlawful change of new notes in claimed intrigue with bank authorities.

They said the organization presumes that there is a chain of agents required in changing over dark assets into white even as they included that the test in proceeding.

The blamed are relied upon to be delivered in a neighborhood court in Bengaluru for further care.

 
 
 
 
 

Related Topics

 
 
 

Trending News & Articles

 Article
Here is the full list of 827 porn websites banned by the DoT

While the Uttarakhand High Court has asked to block 857 websites, the Ministry of Electronics and IT (Meity) found 30 portals without any pornographic content. ...

Recently posted . 61K views . 1 min read
 

 Article
Class XII Boys Raped 16-Year-old in Dehradun School After Watching Porn on Phone: Police

The four boys as well as five school officials, including the director and principal, were arrested after the incident. The minors were presented before the Juvenil...

Recently posted . 7K views . 1 min read
 

 Article
Sept 27,2001 Rahul Gandhi and his girl friend Veronique,was arrested in Logan airport in Boston

Rahul was having an Italian passport and was carrying suitcase full of dollars. Some say it was about was it $2 million. Rahul and his girl friend was th...

Recently posted . 7K views . 7 min read
 

 Article
TOP 10 GYM EQUIPMENT BRANDS IN INDIA 2017

True – Tr...

Recently posted . 6K views . 83 min read
 

 
 

More in National

 Article
Sunny Deol's "Gadar" Hand Pump Moment In Gurdaspur Road Show

Sunny Deol was greeting his supporters from the sun roof of his car as they gave him garlands and showered him with flowers.

Recently posted. 929 views . 0 min read
 

 Article
40 Important Judgments On Insolvency And Bankruptcy Code, 2016 [Part-1]

To borrow the golden words of Justice Rohinton F. Nariman in

Recently posted. 756 views . 2 min read
 

 Article
View: It is not for soldiers to question why, but it must be asked, how did Pulwama happen?

In the process, one vital question has been left to blow forlornly in the wind: why and how did Pulwama happen?  

Recently posted. 444 views . 0 min read
 

 Article
World-record for Indian Railways! Diesel locomotive converted to electric; crores saved under unique project

In a first of its kind notable initiative, Piyush Goyal-led Indian Railways has decided to convert its diesel locomotives to electric traction during their midlife ...

Recently posted. 620 views . 1 min read
 

 Article
Visiting Varanasi will not be same! This is how Kashi Vishwanath Temple Corridor is changing the ancient city

Kashi Vishwanath Corridor: It is after 1780 AD that the city is going through any transformation. Then, Maratha queen Ahilyabai Holkar of Indore renovated the templ...

Recently posted. 495 views . 1 min read
 

 
 
 

   Prashnavali

  Thought of the Day

"Successful entrepreneurs are givers and not takers of positive energy."
Anonymous

Be the first one to comment on this story

Close
Post Comment
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST


ads
Back To Top