State vs. Unknown Accused — FQL Multi-level marketing and cryptocurrency fraud

Timeline

1. 27 Sep 2026News

   FQL scam: MLM-cum-cryptocurrency trading fraud cases transferred to Economic Offences Wing

   The Economic Offences Wing (EOW) will now investigate the multi-level marketing (MLM)-cum-cryptocurrency trading fraud operated under the names 'FQL...

   The Hindu

   Explanation in simple terms

   What:

   A fraud case involving multi-level marketing and cryptocurrency has been moved to a specialized police unit.

   Who:

   The Economic Offences Wing is the investigation agency taking over the case against the unknown accused.

   When:

   Reported on 27 Sep 2026.

   Where:

   Economic Offences Wing, Tamil Nadu.

   Why:

   The authorities are shifting the case because it involves a multi-level marketing and cryptocurrency trading fraud.

   What it means:

   The Economic Offences Wing will now lead the official investigation into the alleged scam.

2. 27 Sep 2026News

   Tamil Nadu Police Transfers 6 Crypto Fraud Cases To Economic Offences Wing

   According to the preliminary investigation, investors were allegedly asked to make payments in cash or through G-Pay and UPI.

   NDTV

   Explanation in simple terms

   What:

   The Tamil Nadu police moved six cryptocurrency fraud investigations to a specialized fraud unit.

   Who:

   The Tamil Nadu Police transferred the cases to the Economic Offences Wing, which handles large financial crimes.

   When:

   Reported on 27 Sep 2026.

   Where:

   Economic Offences Wing, Tamil Nadu.

   Why:

   Investors were allegedly asked to pay money for a scheme using cash, G-Pay, or UPI.

   What it means:

   The specialized Economic Offences Wing will now conduct the investigation into these fraud allegations.