The Enforcement Directorate on Friday stated it has arrested a person from Jaipur airport who was wished in a cash laundering case linked to the alleged duping of US residents via pretend loan-giving name centres being operated from India.
Rafiq Khan was taken into custody beneath the Prevention of Cash Laundering Act (PMLA) this week.
The absconding man was intercepted at Jaipur airport whereas he was making an attempt to flee to Sharjah within the UAE, the federal company stated.
Khan was one of many co-conspirators behind some pretend name centres that cheated US residents within the guise of loans that had been being dished out at cheaper charges of curiosity, it stated in a press release.
The ED has earlier arrested Shahanawaz Ahmed Jeelani, Vipin Kumar Sharma and Viraj Singh Kuntal on this case.
They’re in judicial custody and a cost sheet beneath the PMLA was filed towards them in August 2023, the probe company stated.
The Enforcement Directorate’s case stems from varied FIRs of the Rajasthan Police’s Anti-terrorist Squad (ATS) and the Particular Operations Group (SOG).
“There was a well-planned conspiracy by the accused to defraud international nationals by opening digital name centres and financial institution accounts within the USA which had been being operated from Jaipur, Mohali, Mathura and another elements of India.
“The proceeds of crime generated had been routed via varied Indian and international financial institution accounts opened within the title of accused individuals and shell corporations registered by them,” the company alleged.
It stated the proceeds of crime generated on this case had been “in the end invested in properties to undertaking them as real and untainted.”