https://www.taxtmi.com/news?id=48295 Allegations under the Prevention of Money Laundering Act accuse a chartered accountant of incorporating and operating a network of shell companies, using fictitious unsecured loans and share capital entries to layer and convert proceeds of a bank loan fraud, receiving payments and holding key positions in entities used for laundering; searches recovered cash, gold and digital records and custodial steps were taken as part of the ongoing probe. en-us Wed, 02 Jul 2025 20:01:03 +0530 Wed, 02 Jul 2025 20:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48295 Allegations under the Prevention of Money Laundering Act accuse a chartered accountant of incorporating and operating a network of shell companies, using fictitious unsecured loans and share capital entries to layer and convert proceeds of a bank loan fraud, receiving payments and holding key positions in entities used for laundering; searches recovered cash, gold and digital records and custodial steps were taken as part of the ongoing probe. News - Wed, 02 Jul 2025 20:01:03 +0530 https://www.taxtmi.com/news?id=48295