The Digital Source For China's Tech Innovation Since 2000

Search
Close this search box.

ED attaches Rs 105.32 cr bank balances of fintech firms having Chinese links Deccan Herald

August 4, 2022
Source: deccanherald.com deccanherald.com
News Snapshot:
The Enforcement Directorate (ED) on Wednesday said that they have attached balances of Rs 105.32 crore, lying in various bank accounts and with payment gateway accounts, of 12 NBFCs, namely Inditrade Fincorp Ltd, Aglow Fintrade Pvt Ltd and others and their associated fintech companies in connection with a money laundering case. The total attachment in this case now is Rs 264.3 crore. The ED initiated money laundering investigation on the basis of various FIRs registered by Cyber Crime police station, Hyderabad under various sections of IPC and section 67 of IT Act, following suicides by various persons over alleged harassment...
Go To Original Source →
Tags: app | bank | Business | Chinese | commission | crime | customer | data | digital | email | fee | fintech | fraud | Gateway | Hong Kong | India | Indian | IT | KONG | license | loan | mobile | police | social media | technology

Other Related News:

New Honda Accord appears one step closer to Australia

December 7, 2023

Aussie company Quasar joins the global satellite space race

December 7, 2023

Politics Briefing: Conservative MP kicked out of Commons for calling Trudeau liar, refusing to retract

December 7, 2023

Russian co-founder of crypto exchange Bitzlato pleads guilty in US

December 7, 2023

Cyberactivity targeting elections on rise, says report from Canada's e-spy service

December 7, 2023

McDonald's plans record global expansion, remains optimistic about China: CEO

December 7, 2023

Time running out for EU’s Artificial Intelligence Act

December 7, 2023

Quadcopter to aid China's Mars sample collection, study says

December 7, 2023

Duke Energy disconnects CATL batteries from Marine Corps base over security concerns

December 7, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter