https://www.taxtmi.com/news?id=41565 Enforcement Directorate seized and froze securities, bonds and demat accounts after searches linking an online betting syndicate to proceeds moved abroad and reinvested in Indian markets as foreign portfolio investments. The probe identifies funds funneled into listed companies to produce artificial price fluctuations in SME securities through preferential issues, sale of promoter shares and share warrants, with promoters, agents and brokers colluding to layer tainted money and inflate valuations; investigations, arrests and attachments continue to map the complete modus operandi. en-us Mon, 21 Apr 2025 19:31:04 +0530 Mon, 21 Apr 2025 19:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=41565 Enforcement Directorate seized and froze securities, bonds and demat accounts after searches linking an online betting syndicate to proceeds moved abroad and reinvested in Indian markets as foreign portfolio investments. The probe identifies funds funneled into listed companies to produce artificial price fluctuations in SME securities through preferential issues, sale of promoter shares and share warrants, with promoters, agents and brokers colluding to layer tainted money and inflate valuations; investigations, arrests and attachments continue to map the complete modus operandi. News - Mon, 21 Apr 2025 19:31:04 +0530 https://www.taxtmi.com/news?id=41565