ED Makes Second Arrest in Ludhiana Industrialist S. Oswal Digital Arrest Money Laundering Case
4 minutes agoCrime
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ED Makes Second Arrest in Ludhiana Industrialist S. Oswal Digital Arrest Money Laundering Case

The Enforcement Directorate (ED) has made a second arrest, Arpit Rathore, in a money laundering investigation linked to the digital arrest of Ludhiana industrialist S. Oswal. Rathore allegedly played a significant role in the digital arrest, where fraudsters impersonating CBI officers extorted ₹7 crore from Oswal. The ED claims Rathore facilitated transfers to foreign associates using mule accounts and received proceeds in cryptocurrency and cash. A previous arrest, Rumi Kalita, is also in ED custody. The case originates from a Ludhiana Police FIR.

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