crime

Anti-Corruption Raid in Mumbai Leads to Seizure of $50 Million Assets

Summary

Mumbai’s Economic Offences Wing conducted a major anti-corruption raid on February 18, 2026, uncovering assets worth $50 million linked to a high-profile financial fraud case. Offi

Mumbai’s Economic Offences Wing conducted a major anti-corruption raid on February 18, 2026, uncovering assets worth $50 million linked to a high-profile financial fraud case. Officials seized luxury properties, bank accounts, and vehicles connected to the accused, a prominent businessman under investigation for money laundering. According to PTI, the operation involved coordination with multiple agencies and is part of a wider crackdown on financial crimes. Authorities stated that the investigation is ongoing, with further arrests expected. This seizure marks one of the largest asset recoveries in recent years.
6d agoVerified by Sobiya
Anti-Corruption Raid in Mumbai Leads to Seizure of $50 Million Assets

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