https://www.taxtmi.com/news?id=64240 A charge sheet alleges an overseas organized syndicate used a fake HPZ Tokens app and a network of shell companies to collect and launder over Rs 1,000 crore. The scheme purported crypto-mining returns, relied on local corporate structures and professionals, exploited payment aggregators for rapid inter-account transfers and partial disbursements to investors, converted proceeds into cryptocurrency for transfer abroad, and names 30 entities including two foreign principals, 27 individuals and three companies. en-us Wed, 10 Dec 2025 15:46:02 +0530 Wed, 10 Dec 2025 15:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=64240 A charge sheet alleges an overseas organized syndicate used a fake HPZ Tokens app and a network of shell companies to collect and launder over Rs 1,000 crore. The scheme purported crypto-mining returns, relied on local corporate structures and professionals, exploited payment aggregators for rapid inter-account transfers and partial disbursements to investors, converted proceeds into cryptocurrency for transfer abroad, and names 30 entities including two foreign principals, 27 individuals and three companies. News - Wed, 10 Dec 2025 15:46:02 +0530 https://www.taxtmi.com/news?id=64240