https://www.taxtmi.com/news?id=47518 Searches were conducted under the Prevention of Money Laundering Act in an investigation into alleged cyber fraud proceeds being laundered and remitted abroad. Authorities say accused persons ran online scams such as fake USDT trading, digital arrests and bogus enforcement notices, collected victim funds via bank accounts opened with forged or dummy KYC, converted proceeds into cryptocurrency through hawala operators, and are suspected of transferring the illicit funds overseas. en-us Wed, 25 Jun 2025 10:16:03 +0530 Wed, 25 Jun 2025 10:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=47518 Searches were conducted under the Prevention of Money Laundering Act in an investigation into alleged cyber fraud proceeds being laundered and remitted abroad. Authorities say accused persons ran online scams such as fake USDT trading, digital arrests and bogus enforcement notices, collected victim funds via bank accounts opened with forged or dummy KYC, converted proceeds into cryptocurrency through hawala operators, and are suspected of transferring the illicit funds overseas. News - Wed, 25 Jun 2025 10:16:03 +0530 https://www.taxtmi.com/news?id=47518