https://www.taxtmi.com/news?id=42923 Allegations of money laundering and related real-estate fraud prompted arrest under the Prevention of Money Laundering Act after repeated non-compliance with summonses. Authorities allege funds collected from homebuyers were routed through sham purchases and bogus transactions, then used for personal expenses, property purchases and transfers disguised as loans; investigators relied on multiple non-bailable warrants, a proclaimed-offender notification, remand applications, a filed chargesheet against co-accused companies, and attachment of assets to pursue the probe. en-us Mon, 05 May 2025 19:16:04 +0530 Mon, 05 May 2025 19:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=42923 Allegations of money laundering and related real-estate fraud prompted arrest under the Prevention of Money Laundering Act after repeated non-compliance with summonses. Authorities allege funds collected from homebuyers were routed through sham purchases and bogus transactions, then used for personal expenses, property purchases and transfers disguised as loans; investigators relied on multiple non-bailable warrants, a proclaimed-offender notification, remand applications, a filed chargesheet against co-accused companies, and attachment of assets to pursue the probe. News - Mon, 05 May 2025 19:16:04 +0530 https://www.taxtmi.com/news?id=42923