CBI vs Unknown — Rs 590 crore banking scam

The Enforcement Directorate (ED) initiated a money laundering investigation under the Prevention of Money Laundering Act (PMLA) against Maulana Shamsul Huda Khan. The allegations involve the accused drawing an Uttar Pradesh government salary and pension while allegedly holding British citizenship and purchasing land under these circumstances. Assets worth ₹53.46 lakh have been provisionally attached by the ED in connection with the probe.

The Enforcement Directorate has filed a chargesheet against coaching institute FIITJEE and its directors, Dinesh Kumar Goel and Monila Goel, in connection with an alleged money laundering investigation. The agency claims misappropriation of student fees totaling over Rs 85 crore and alleges that the directors received significant salaries from the company since the 2022-23 financial year.

Nirav Modi and his uncle Mehul Choksi are accused of orchestrating a massive fraud at Punjab National Bank's Brady House Branch in Mumbai by allegedly obtaining fraudulent Letters of Undertaking (LoUs) without following due process, causing losses estimated between ₹13,000–14,500 crore to the bank. The CBI registered an FIR and has filed multiple chargesheets before a Special CBI Court in Mumbai — the ED has conducted parallel PMLA proceedings and attached assets worth over ₹18,000 crore. Both primary accused remain at large outside India: Nirav Modi is held in UK custody pending extradition, and Mehul Choksi was arrested in Belgium in 2025 with an Antwerp appellate court having cleared his extradition to India. The domestic trial before the Special CBI Court in Mumbai is ongoing, with supplementary chargesheets continuing to be filed as recently as March 2025.