https://www.taxtmi.com/news?id=53562 The enforcement agency alleges a coordinated bank loan fraud by a real estate promoter who, through companies he controlled, mortgaged properties already sold or double mortgaged assets to obtain credit, diverted loan proceeds, and created a complex network to layer and integrate illicit funds; investigations using surveillance and forensic financial analysis resulted in arrest, custodial remand, freezing of multiple bank accounts and seizure of cash, bullion, jewellery, vehicles and digital devices. en-us Mon, 25 Aug 2025 21:16:02 +0530 Mon, 25 Aug 2025 21:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=53562 The enforcement agency alleges a coordinated bank loan fraud by a real estate promoter who, through companies he controlled, mortgaged properties already sold or double mortgaged assets to obtain credit, diverted loan proceeds, and created a complex network to layer and integrate illicit funds; investigations using surveillance and forensic financial analysis resulted in arrest, custodial remand, freezing of multiple bank accounts and seizure of cash, bullion, jewellery, vehicles and digital devices. News - Mon, 25 Aug 2025 21:16:02 +0530 https://www.taxtmi.com/news?id=53562