ED's probe into a Goa digital arrest case uncovers a massive pan-India cyber fraud network involving 330 victims, Rs 417 crore loss, and 163 FIRs across 20 states. The network used shell companies, licensed money changers, and bulk cash deposits to launder proceeds. This is a critical case for understanding PMLA enforcement, cyber crime modus operandi, and money laundering techniques.
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- ›Total Victims: 330
- ›Aggregate Loss: Rs 417.49 crore
- ›Target this Data: 330 victims, Rs 417.49 crore loss, 163 FIRs across 20 States/UTs, Rs 2.6 crore Goa victim loss, Rs 3.25 crore cash seized, 61,448 BNAT transactions.
- ›Target this Nodal Body: Enforcement Directorate (ED) under Ministry of Finance, PMLA 2002.
- ›Target this Legal Point: Section 19 of PMLA (arrest without warrant) and Section 17 (search and seizure).
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