image
New notes worth Rs 93 crore unearthed in Bengaluru raid by ED
Bengaluru, Dec 13 (IBNS): Currencies worth Rs 93 lakh in new notes were found when the Enforcement Directorate sleuths in Bengaluru arrested about seven people for laundering black money, said media reports on Tuesday.
The Enforcement Directorate (ED) cracked down on Monday the racket of money laundering in Bengaluru with the sleuths posing as customers. Several raids were conducted.
The ED raid is likely to expose the nexus between bank officials and money laundering touts, said reports.
Reports said the touts were charging upto 35 per cent commission to convert old notes which were rendered useless after the 500 and 1000 note currency ban by the union government to flush out black money from the economy.
The ED has been conducting nationwide raids to unearth such money laundering rackets.
Top Headlines
-
News
IRGC Intelligence Chief Majid Khademi killed in Israeli-US strike
April 06, 2026
-
News
Inside the daring US mission to rescue downed airman in Iran amid race against time
April 05, 2026
-
News
Gates of hell will open: Iran mocks Trumps 48-hour ultimatum, warns of devastating retaliation
April 05, 2026
-
News
Posted a war imageNow arrested: UAE detains flight attendant in Dubai crackdown
April 05, 2026
-
News
'We will strike inside homes, RSS camps in future: Pak Defence Minister issues direct warning to India
April 03, 2026
-
News
'Did I commit a crime?': Raghav Chadha breaks silence after AAP drops him as Rajya Sabha deputy leader
April 03, 2026
-
News
Mamata blames AIMIM, ISF, Congress, BJP for Malda hostage incident; takes credit for masterminds arrest
April 03, 2026
-
News
Malda hostage horror: Mastermind Mofakkarul Islam nabbed at Bagdogra Airport!
April 03, 2026
-
News
'Our pilot met with an accident...': Judge pleads for help amid mob attack after 9-hour hostage ordeal during SIR protest
April 02, 2026
-
News
'Most polarised state': CJI Kant raps Bengal govt over 9-hour hostage of judicial officers
April 02, 2026
