Man ‘used shell companies to send Rs 697 crore out of India’, held

The Enforcement Directorate (ED) has apprehended Amit Agarwal for allegedly orchestrating a money laundering scheme, funneling ₹697 crore to Hong Kong and Singapore via shell companies. Agarwal purportedly used fabricated documents to register these entities and open bank accounts. The ED is investigating the involvement of bank officials who may have overlooked due diligence procedures.

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Fake cops, money laundering via crypto: ED raids 11 locations; all you need to know about Rs 260cr global cyber fraud

The Enforcement Directorate (ED) has launched an investigation into a Rs 260 crore global cyber fraud, conducting searches across multiple cities. Fraudsters impersonated law enforcement and tech support to extort money from victims. The illicit funds were converted into cryptocurrency, then laundered through hawala channels and individuals in the UAE.

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Revolut launches India service incorporating UPI

UK’s Revolut has launched in India, aiming for 20 million customers by 2030. The platform integrates UPI and Visa cards for seamless domestic and international payments. This move signifies a significant expansion for the fintech giant, promising enhanced financial control and global spending capabilities for Indian users, with onboarding beginning soon.

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Watch the Earth split in real time: First-ever video reveals 2.5-meter fault slip in seconds caused by an earthquake

In March 2025, a magnitude 7.7 earthquake struck central Myanmar, marking the strongest seismic event in over a century. A nearby CCTV camera captured the fault’s rupture in real time, revealing a 2.5-meter ground slip in just 1.3 seconds. This unprecedented footage offers scientists a unique opportunity to study earthquake mechanics and improve future predictions.

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