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ED Raids 11 Sites in Five States in S P Oswal 'Digital Arrest' Probe, Arrests Alleged Mule Operator

ED says the scam relied on forged CBI papers, then rapid routing through mule accounts; asset tracing continues.

Overview

  • Searches on December 22 spanned Punjab, Haryana, Rajasthan, Gujarat and Assam, yielding seized documents and digital devices.
  • Investigators say fraudsters coerced S P Oswal to transfer about ₹7 crore, with ₹5.24 crore traced and returned.
  • The ED arrested Rumi Kalita on December 23 for allegedly providing and using mule-account credentials to divert funds.
  • A CJM court in Kamrup granted transit remand before a Special PMLA Court in Jalandhar sent Kalita to ED custody until January 2, 2026.
  • The probe stems from a Ludhiana cybercrime FIR under BNSS 2023, later clubbing nine related FIRs tied to similar digital-arrest tactics.