ED Files Case Against Kamlesh Jariwala: Rs. 5.67 Crores Frozen

The Directorate of Enforcement (ED) has filed a prosecution complaint against Kamlesh Jariwala and four others under the Prevention of Money Laundering Act. The complaint, lodged in Ahmedabad, follows an investigation revealing illegal betting activities. Over Rs. 5.67 crores have been frozen in 92 dummy bank accounts.

The Directorate of Enforcement (ED) has filed a prosecution complaint against Kamlesh Jariwala and four other accused individuals under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. The complaint was lodged before the Special Court (PMLA) in Mirzapur, Ahmedabad, on September 26.

According to the ED's press release, during the investigation, authorities froze Rs. 5.67 crores held in 92 dummy bank accounts. The statement confirmed, "The Directorate of Enforcement (ED), Surat, has filed a prosecution complaint before the Special Court (PMLA), Mirzapur, Ahmedabad, under the provisions of PMLA, 2002, against Kamlesh Jariwala and others. The court has taken cognizance of the PC."

The investigation was initiated based on an FIR for alleged cheating, forgery, and criminal conspiracy to obtain financial gains. "ED began investigations after an FIR was registered by the D.C.B Police Station, Surat, against Kamlesh Jariwala and others for alleged cheating, forgery, and conspiracy," stated the ED. The probe revealed that the accused used dummy bank accounts and illegal betting websites to generate funds. During April 2023, search operations led to the freezing of Rs. 5.67 crores across 92 dummy accounts. Further investigations are ongoing.

(With inputs from agencies.)