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        PMLA / Black Money

        ED says terror financing, crypto frauds new focus areas for agency

        May 1, 2026

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        New Delhi, May 1 (PTI) Crypto currency frauds, terror financing, cyber-enabled crimes and narcotics trafficking are the new focus areas for the Enforcement Directorate, agency's Director Rahul Navin said on Friday.

        Speaking during the 70th 'ED Day' event held here, he noted that bank and real estate frauds have declined due to the implementation of the Insolvency and Bankruptcy Code Act and Real Estate (Regulation and Development Act (RERA).

        During 2025-26, the ED filed 812 chargesheets and 155 supplementary chargesheets which is nearly twice the last comparable fiscal, he said.

        He added that the conviction rate of the agency was 94 per cent.

        The director said 2,400 money laundering cases were pending trial in courts and expressed optimism that "most" of these will result in conviction.

        Navin said the agency has restituted assets worth Rs 63,142 crore to victims of financial fraud, including homebuyers, investors and banks.

        The federal probe agency was established on May 1, 1956.

        It implements two criminal laws--The Prevention of Money Laundering Act (PMLA) and the Fugitive Economic Offenders Act (FEOA)-- apart from the civil provisions of the Foreign Exchange Management Act (FEMA). PTI NES DV DV

        Crypto currency frauds and terror financing emerge as new enforcement focus areas for the agency. The Enforcement Directorate identified crypto currency frauds, terror financing, cyber-enabled crimes and narcotics trafficking as its new focus areas, while noting a decline in bank and real estate frauds after implementation of the Insolvency and Bankruptcy Code and the Real Estate (Regulation and Development) Act. It also reported filing 812 chargesheets and 155 supplementary chargesheets during 2025-26, a 94 per cent conviction rate, pending money laundering trials, and restitution of assets to victims of financial fraud under the Prevention of Money Laundering Act, the Fugitive Economic Offenders Act and the civil provisions of the Foreign Exchange Management Act.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
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                                Crypto currency frauds and terror financing emerge as new enforcement focus areas for the agency.

                                The Enforcement Directorate identified crypto currency frauds, terror financing, cyber-enabled crimes and narcotics trafficking as its new focus areas, while noting a decline in bank and real estate frauds after implementation of the Insolvency and Bankruptcy Code and the Real Estate (Regulation and Development) Act. It also reported filing 812 chargesheets and 155 supplementary chargesheets during 2025-26, a 94 per cent conviction rate, pending money laundering trials, and restitution of assets to victims of financial fraud under the Prevention of Money Laundering Act, the Fugitive Economic Offenders Act and the civil provisions of the Foreign Exchange Management Act.





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                                ActsIncome Tax
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