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ED, Mumbai has conducted search operations on 16.10.2026 at 29 premises in Mumbai, Nashik, Ahmedabad, Gandhinagar, Surat and Bhavnagar under the PMLA, 2002 in connection with the WhatsApp-based "pump and dump" share manipulation scam involving R M Drip and Sprinklers Systems Ltd. and R&B Denims Ltd. The search action submitted in to freezing of about Rs. 200 Cr. in trading accounts and seizer of incriminating documents and digital devices. ED, Bhubaneswar has filed a 1st Supplementary Prosecution Complaint against Ratikanta Rout before the Special Court (PMLA), Bhubaneswar, over illegal quarrying, theft, and explosives supply, bringing total estimated Proceeds of Crime generated through unauthorized mining and layering via entities like Maa Tarini Stone Crusher, RLR Mercantile, SSIPL, and Assurance Metalloyd Exim to over ₹341 Crore. ED, Panaji has arrested Mukesh Kumar Pukhraj Jain @ Mukesh Bhai on 16.10.2026 in a "Digital Arrest" cyber fraud case upon a resident of Goa. He was found to be involved in a network of process arranging bank accounts for layering of cyber crime proceeds. He was given ED custody upto 19.10.2026. ED, Mumbai has conducted search operations on 13.10.2026 under PMLA, 2002 at 20 premises across Mumbai, Pune, Mehsana, Surat, and Hyderabad over a massive online betting and cyber fraud syndicate linked to "All Panel Exchange" (allpanelexch.com) and MGM91. Probing the PMLA case the ED uncovered that a Pune entity run by Ram U. Ramdhani routed victim funds through an in-house payment gateway called "iPaisa," deploying over 200 shell entities for illegal gaming and fraud operators. ED, Hyderabad has completed the registration of 9 auctioned properties worth Rs. 103.26 Crore including the Karvy Centre and Naina Towers in Banjara Hills in the Nowhera Shaik, Heera Group case. The accused entities had duped the public of over Rs. 5,978 Crore by falsely promising massive annual returns of 36% before defaulting on repayments. These funds will be transferred to the SFIO for restitution to genuine victims with more auctions to follow. ED, Mumbai has conducted search operations on 16.10.2026 at 29 premises in Mumbai, Nashik, Ahmedabad, Gandhinagar, Surat and Bhavnagar under the PMLA, 2002 in connection with the WhatsApp-based "pump and dump" share manipulation scam involving R M Drip and Sprinklers Systems Ltd. and R&B Denims Ltd. The search action submitted in to freezing of about Rs. 200 Cr. in trading accounts and seizer of incriminating documents and digital devices. ED, Bhubaneswar has filed a 1st Supplementary Prosecution Complaint against Ratikanta Rout before the Special Court (PMLA), Bhubaneswar, over illegal quarrying, theft, and explosives supply, bringing total estimated Proceeds of Crime generated through unauthorized mining and layering via entities like Maa Tarini Stone Crusher, RLR Mercantile, SSIPL, and Assurance Metalloyd Exim to over ₹341 Crore. ED, Panaji has arrested Mukesh Kumar Pukhraj Jain @ Mukesh Bhai on 16.10.2026 in a "Digital Arrest" cyber fraud case upon a resident of Goa. He was found to be involved in a network of process arranging bank accounts for layering of cyber crime proceeds. He was given ED custody upto 19.10.2026. ED, Mumbai has conducted search operations on 13.10.2026 under PMLA, 2002 at 20 premises across Mumbai, Pune, Mehsana, Surat, and Hyderabad over a massive online betting and cyber fraud syndicate linked to "All Panel Exchange" (allpanelexch.com) and MGM91. Probing the PMLA case the ED uncovered that a Pune entity run by Ram U. Ramdhani routed victim funds through an in-house payment gateway called "iPaisa," deploying over 200 shell entities for illegal gaming and fraud operators. ED, Hyderabad has completed the registration of 9 auctioned properties worth Rs. 103.26 Crore including the Karvy Centre and Naina Towers in Banjara Hills in the Nowhera Shaik, Heera Group case. The accused entities had duped the public of over Rs. 5,978 Crore by falsely promising massive annual returns of 36% before defaulting on repayments. These funds will be transferred to the SFIO for restitution to genuine victims with more auctions to follow.
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Director's Message

The Directorate of Enforcement (ED), established in 1956, is the premier financial investigation agency of the Government of India entrusted with enforcing laws relating to foreign exchange management and anti–money laundering. Over the decades, the Directorate has steadily evolved in line with India’s economic, legal and regulatory environment—transitioning from the administration of FERA to FEMA, and today leading the enforcement of the Prevention of Money Laundering Act (PMLA) and the Fugitive Economic Offenders Act (FEOA). Read More

Shri Rahul Navin

Director of Enforcement

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Chief Vigilance Officer:

Officer:Shri Manu Tentiwal

Designation: Special Director

Contact No.: 011-23339105

Address: Room No.-202, Pravartan Bhawan, Dr. APJ Abdul Kalam Road, New Delhi – 110011

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Joint Director (Admin)

Directorate of Enforcement

Pravartan Bhawan, Dr. APJ Abdul Kalam Road

New Delhi – 110011

Information on contraventions under FEMA/offences under PMLA may be sent to:

Joint Director (Intelligence)

Headquarters Office

Directorate of Enforcement

Pravartan Bhawan, Dr. APJ Abdul Kalam Road

New Delhi – 110011

e-mail: ed-del-rev[at]nic[dot]in