https://www.taxtmi.com/news?id=61496 Allegations of money laundering under the Prevention of Money Laundering Act arise from an investigation that found funds collected from home buyers were allegedly diverted to related group entities and trusts, with a senior executive identified as a managing trustee of a recipient trust; searches and seizures of financial and digital records were conducted to trace the complex web of transactions and support claims of criminal conspiracy, cheating, and criminal breach of trust. en-us Thu, 13 Nov 2025 15:01:03 +0530 Thu, 13 Nov 2025 15:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=61496 Allegations of money laundering under the Prevention of Money Laundering Act arise from an investigation that found funds collected from home buyers were allegedly diverted to related group entities and trusts, with a senior executive identified as a managing trustee of a recipient trust; searches and seizures of financial and digital records were conducted to trace the complex web of transactions and support claims of criminal conspiracy, cheating, and criminal breach of trust. News - Thu, 13 Nov 2025 15:01:03 +0530 https://www.taxtmi.com/news?id=61496