https://www.taxtmi.com/news?id=41083 A federal investigation alleges a money laundering scheme by senior officials of a state welfare corporation, who allegedly created fraudulent bank accounts and bogus entities to divert corporation funds, generate proceeds of crime, and layer and integrate those funds through transfers to beneficiaries, friends and family; the probe follows multiple FIRs and has involved searches, arrests, and custody under the anti-money laundering framework. en-us Wed, 16 Apr 2025 15:01:03 +0530 Wed, 16 Apr 2025 15:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=41083 A federal investigation alleges a money laundering scheme by senior officials of a state welfare corporation, who allegedly created fraudulent bank accounts and bogus entities to divert corporation funds, generate proceeds of crime, and layer and integrate those funds through transfers to beneficiaries, friends and family; the probe follows multiple FIRs and has involved searches, arrests, and custody under the anti-money laundering framework. News - Wed, 16 Apr 2025 15:01:03 +0530 https://www.taxtmi.com/news?id=41083