ED files prosecution complaint against Kamlesh Jariwala, four others under PMLA
Oct 01, 2024
Surat (Gujarat) [India], October 1 : The Surat branch of Directorate of Enforcement (ED) has filed a Prosecution Complaint (PC) against Kamlesh Jariwala and four others under the provisions of Prevention of Money Laundering Act (2002).
The complaint has been filed before the Special Court (PMLA), Mirzapur, Ahmedabad, on September 26.
During the course of investigation, ED froze an amount of Rs. 5.67 Crores held in 92 dummy bank accounts.
The press release from ED, reads, "Directorate of Enforcement (ED), Surat has filed a Prosecution Complaint (PC) before the Special Court (PMLA), Mirzapur, Ahmedabad on 26/09/2024 under the provisions of Prevention of Money Laundering Act (PMLA), 2002 in the case against Kamlesh Jariwala and others (Total 5 persons arraigned as accused). The Court has taken cognizance of the PC."
The investigation was initiated on the basis of FIR against the accused for alleged cheating, forgery and criminal conspiracy to obtain financial gains.
"ED initiated investigations on the basis of FIR registered by D.C.B Police Station, Surat Police against Kamlesh Jariwala and others for commission of offences under various provisions of IPC, 1860 for alleged cheating, forgery and criminal conspiracy to obtain financial gains," the press release added.
ED, as per their investigation, found that the accused obtained the funds through the illegal betting websites.
The ED said in a press release, "ED investigations revealed that Kamlesh Jariwala, Harish Chaudhary and Rushikesh Adhikar Shinde opened dummy bank accounts in the name of bogus firms using forged and fabricated documents and provided these bank accounts to their accomplices, who used these dummy bank accounts to obtain illegal betting proceeds generated out of betting activities from the betting websites of CBTF247.com and T20exchange.com. During the course of investigation, ED carried out search operations in April 2023 and an amount of Rs. 5.67 Crore held in 92 dummy bank accounts, was frozen under the provisions of PMLA, 2002."
Further investigation is under progress.
