Rana Kapoor to be face court after arrest in money laundering case

YES Bank co-founder Rana Kapoor was arrested by the Enforcement Directorate (ED) early Sunday morning in connection with a money-laundering probe against him and others.

Kapoor’s arrest followed several hours of his questioning at ED’s Ballard Pier office in Mumbai, even as the agency conducted searches at residences of his three daughters in Delhi and Mumbai, an official confirmed. Kapoor’s wife and daughters were also quizzed for hours, they said.

News agency PTI reported investigators will produce Kapoor, 62, before a court in Mumbai later on Sunday and seek his custody.

According to the officials,

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Michigan doc charged in $120 million healthcare fraud, money laundering scheme

A physician who the best prescriber of oxycodone in Michigan from 2016 to 2017 was billed in an indictment this week with a $a hundred and twenty million health care fraud and income laundering scheme that included the alleged medically pointless distribution of additional than two.two million doses of managed substances, and the administration of medically pointless injections. These purportedly resulted in client hurt.

Francisco Patino, sixty five, of Wayne County, Michigan, was billed in the superseding indictment with a person depend of conspiracy to dedicate health care fraud and wire fraud, a person depend of conspiracy to dedicate income

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