Overview
- The ED carried out searches on Friday at 29 premises across six cities in a PMLA probe of alleged pump‑and‑dump manipulation of R M Drip and R&B Denims that regulators say left roughly ₹600 crore in retail investor losses.
- Investigators seized documents, digital devices, share transaction records and property papers during the stock‑manipulation searches to map preferential allotments, nominee holdings and the WhatsApp networks used to promote the stocks.
- The agency issued a provisional attachment of assets worth ₹136.44 crore in the Eastern Coalfields pilferage case, bringing total attachments in that probe to ₹815.08 crore and naming resorts, Kolkata properties and financial holdings among the items seized.
- In the Heera Group Ponzi case the ED completed registration of nine auctioned Hyderabad properties valued at ₹103.26 crore and said proceeds will be transferred to the SFIO for disbursement to genuine victims under Supreme Court directions.
- Separate cyber‑fraud and online betting probes have seen searches, freezes of dozens of bank accounts and asset freezes of over ₹15 crore, with the ED tracing large cash flows through an iPaisa payment gateway, converting funds to crypto and filing charge sheets and making further arrests in digital arrest cases.