Crackdown on Chinese National's Illicit Network in India

The Enforcement Directorate has attached assets worth Rs 4 crore in a money laundering case involving a Chinese national staying illegally in India. The individual and his associates were accused of engaging in illegal activities such as gambling and operating secret clubs for Chinese nationals, alongside other criminal endeavors.

The Enforcement Directorate (ED) has intensified its probe into illicit activities involving a Chinese national residing illegally in India, with a fresh attachment of assets worth Rs 4 crore. The assets were seized as part of an ongoing money laundering investigation.

The Chinese national, identified as Xue Fei, was reportedly involved in criminal activities including gambling and managing secret clubs for fellow Chinese citizens. The ED's investigation revealed his network's connections to illegal ventures and shady operations intended for Chinese nationals.

The authorities have linked the case to various financial irregularities and misconduct involving multiple shell companies operated by Fei and his associate, Ravi Natvarlal Thakkar. The ED's actions follow a previous asset attachment worth Rs 13.51 crore in the same case.

(With inputs from agencies.)