Mid-air forex smuggling: How the trap was set and operation carried out

devshiA few years back a Ghana Airways flight was raided by New York customs officials on the tarmac. Three flight attendants were apprehended with 45,000 US dollars and booked under provisions of money laundering.

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Who are the Angadias and how do they operate

iqbalkaskarIqbal Kaskar claimed before the police that his brother Dawood Ibrahim receives money through hawala channels and the Angadias. While the hawala network is a well know, just who are the Angadias?

Dawood not only uses hawala, but Angadias too

dawoodibrahimThe Thane police who are on a money trail have been told by Iqbal Kaskar that Dawood Ibrahim relies heavily on hawala and the Angadias to receive money. Kaskar, it may be recalled was arrested in connection with an extortion racket and the police believe that he was doing so at the behest of his brother.

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Meat exporter Moin Qureshi arrested by ED

moinqureshiMeat exporter Moin Qureshi has been arrested by the Enforcement Directorate. He is being questioned in connection with some pending cases against him.

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Who is Moin Qureshi, the billionaire meat exporter

moinqureshiWho is Moin Qureshi, the meat exporter who was arrested by the Enforcement Directorate. He is a meat exporter from Kanpur. He is alleged to be a well connected man in the power corridors.

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20 including journalists, retired HC judge paid through hawala to fuel Kashmir unrest

kashmirThe security forces along with the Intelligence Bureau have prepared a list of 20 persons including journalists and a retired High Court judge who have been fueling unrest in the Valley.

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How Pakistan funded the Kashmir unrest 173 times

kashmir-unrestAs the security forces try and douse the fire in the Valley investigations have found that there have been over 173 cases of direct hawala funding to fuel the unrest in the state.

The statistics provided by the Chief Minister of Jammu and Kashmir, Mehbooba Mufti states that hawala money was used to fund terror and unrest and since 2001, there have been 173 such cases. She cited the report of the Criminal Investigation Department.

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EC bribery case: Hawala operator transferred money between Dinakaran and conman

In a much-expected move, the Delhi police arrested T T V Dinakaran in the Election Commission bribery case. While his admission of meeting with conman Sukesh Chandrasekhar was one of the main grounds for the arrest, a hawala transaction which he allegedly made was the turning point. The case of the Delhi police is that Dinakaran had through Sukesh tried to bribe EC officials to bag the AIADMK’s two leaves symbol.

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How a bullion trader used a hawala operative to deposit Rs 150 crore

newnotes1Mumbai, Dec 26: Four banks are under the scanner of the Enforcement Directorate (ED) after officials allegedly helped a trader in Mumbai bring in Rs 150 crore in demonetised currency. The cash was deposited into several shell companies that exist only on paper, the ED has learnt.
The ED also learnt that the officials in the banks accepted the currency without any questions being asked. The ED suspects that this appears to be a part of an operation between a hawala and a bullion trader.

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How Kashmiri businessmen over invoiced goods to fund the unrest

moneyNew Delhi, Aug 18: The National Investigation Agency (NIA) which is now probing the inflow of funds into Jammu and Kashmir allegedly to fuel the unrest, is looking at the role played by some businessmen from the state doing business in Saudi Arabia.
While there have been some routine channels such as hawala that used to pump in the funds, the NIA has also learnt that some of the Kashmiri businessmen could have sent in money by over invoicing goods.