https://www.taxtmi.com/news?id=35596 Allegations of money laundering via a digital refund scheme are under investigation after five arrests for making online payments into travel-agency accounts then cancelling tickets to obtain refunds, thereby cycling illicit proceeds through banking channels; police allege the gang induced multiple bank account openings, rented ATM cards to perpetrators, and seized numerous ATM cards and bank passbooks as part of ongoing inquiries. en-us Fri, 28 Feb 2025 11:46:03 +0530 Fri, 28 Feb 2025 11:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35596 Allegations of money laundering via a digital refund scheme are under investigation after five arrests for making online payments into travel-agency accounts then cancelling tickets to obtain refunds, thereby cycling illicit proceeds through banking channels; police allege the gang induced multiple bank account openings, rented ATM cards to perpetrators, and seized numerous ATM cards and bank passbooks as part of ongoing inquiries. News - Fri, 28 Feb 2025 11:46:03 +0530 https://www.taxtmi.com/news?id=35596