https://www.taxtmi.com/news?id=73778 Money laundering investigations under the Prevention of Money Laundering Act concern alleged fake online investment and work-from-home scams involving promises of lucrative returns and commissions. Funds transferred by victims were allegedly layered through mule bank accounts and shell entities, converted into cryptocurrency, and moved through multiple crypto wallets to conceal their origin and ownership. Searches were conducted at multiple locations, with cryptocurrency and cash seized and multiple bank accounts frozen under the PMLA. en-us Mon, 13 Jul 2026 20:16:03 +0530 Mon, 13 Jul 2026 20:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73778 Money laundering investigations under the Prevention of Money Laundering Act concern alleged fake online investment and work-from-home scams involving promises of lucrative returns and commissions. Funds transferred by victims were allegedly layered through mule bank accounts and shell entities, converted into cryptocurrency, and moved through multiple crypto wallets to conceal their origin and ownership. Searches were conducted at multiple locations, with cryptocurrency and cash seized and multiple bank accounts frozen under the PMLA. News - Mon, 13 Jul 2026 20:16:03 +0530 https://www.taxtmi.com/news?id=73778