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ED Files PMLA Chargesheet in S.P. Oswal ‘Digital Arrest’ Case, Names Five

The case moves to court after the ED traced the ₹7 crore extortion via shell firms, mule accounts, crypto channels, cross-border routes.

Overview

  • The Jalandhar Zonal Office filed the prosecution complaint on February 19 in the Special PMLA Court, advancing the money-laundering case tied to Oswal’s 2023 ‘digital arrest’.
  • The complaint names four individuals — Rumi Kalita, Arpit Rathore, Anand Chaudhary and Atanu Chaudhary — plus M/s Frozenman Warehousing & Logistics.
  • Investigators say proceeds first flowed through accounts of Rigglo Ventures and Frozenman, with Frozenman allegedly controlled by Kalita and Rathore.
  • The ED describes use of an APK called AMMFORWARD, mule accounts in countries including Cambodia and Vietnam, and crypto commissions credited to a Binance account.
  • The agency reports ₹1.76 crore provisionally attached, searches on December 22 and 31, 2025 and January 31, 2025, and the arrests of Kalita and Rathore, who remain in judicial custody.