ED Arrests Imposter for Interfering in Rs 5,978 Crore Fraud Probe
11 hours agoCrime
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3 SourcesHyderabad, India
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ED Arrests Imposter for Interfering in Rs 5,978 Crore Fraud Probe

The Enforcement Directorate (ED) has arrested Kalyan Banerjee, an imposter accused of attempting to interfere with an ongoing money laundering investigation. Banerjee allegedly contacted ED officials, falsely claiming connections to senior bureaucrats and politicians, and attempted to bribe or threaten them to manipulate the auction of attached assets. The investigation concerns a fraud case involving Nowhera Shaik, who allegedly collected over ₹5,978 crore from the public with promises of high returns but failed to repay investors. The ED has attached assets worth approximately ₹428 crore in this case.

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