State vs Reliance Communications Limited — PMLA supplementary chargesheet

The ED filed a prosecution complaint against Reliance Infrastructure Limited and former Reliance Group executive Sateesh Seth (70) in a Prevention of Money Laundering Act case. Seth was arrested by the ED in June 2025 and remains in judicial custody. The case was filed before a special PMLA court in Dwarka.

The Supreme Court registered a suo motu case in October 2025 after a senior citizen couple from Haryana reported being defrauded of Rs 1.5 crore in a digital arrest scam. The Court issued 13-point directions to combat such scams nationwide, recognizing this as a widespread issue affecting multiple states and directing RBI, banks, and state authorities to implement urgent SOPs and cybercrime coordination mechanisms.

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.

Multi-crore Punjab and Maharashtra Cooperative (PMC) Bank fraud involving Housing Development and Infrastructure Limited (HDIL) promoters Rakesh Wadhawan and Sarang Wadhawan. The bank had loaned approximately 70% of its deposits to HDIL in violation of RBI guidelines, resulting in massive loan defaults. Accused face charges under IPC sections and the Prevention of Money Laundering Act. The case involves parallel investigations by Mumbai Police Economic Offences Wing and Enforcement Directorate.

The Punjab and Maharashtra Co-operative (PMC) Bank was placed under an RBI administrator in September 2019 after it was found to have massively under-reported non-performing loans worth over Rs 6,700 crore extended to Housing Development and Infrastructure Ltd (HDIL), constituting approximately 73% of the bank's total advances. The Economic Offences Wing (EOW) of Mumbai Police arrested HDIL promoters Rakesh Wadhawan and Sarang Wadhawan, booking them under multiple IPC sections — the Enforcement Directorate subsequently filed a money laundering case against them under the Prevention of Money Laundering Act (PMLA). As of April 2024, the Bombay High Court granted bail to both Rakesh and Sarang Wadhawan, while criminal trial proceedings and ED/PMLA matters remain active before courts in Maharashtra. Both the accused are presumed innocent unless and until convicted by a competent court.

An accused in an alleged money laundering network linked to fraudulent investment applications and forex transactions sought bail. The Delhi High Court dismissed the bail application, holding that the twin conditions under Section 45 of the PMLA were not satisfied and noting concerns about non-disclosure and the accused's apparent attempt to leave the country.