ED raids expose luxury cars and cash in ₹17 lakh money laundering crackdown
The Enforcement Directorate (ED) has carried out raids across Delhi and Haryana as part of a money laundering probe. The operation targeted Inderjit Singh Yadav, a wanted man linked to multiple criminal cases. Authorities seized luxury cars, cash, and digital devices during the searches on 26 and 27 December.
The raids covered ten locations, including areas in Gurugram and Rohtak. Officers recovered five high-end cars, Rs. 17 lakh in cash, and access to private bank lockers. They also confiscated numerous phones and laptops believed to be used in Yadav’s operations.
The ED’s investigation centres on allegations that Yadav ran a website to settle debts illegally and manage his criminal network. Evidence suggests he used the platform to facilitate fraudulent transactions and coordinate with associates. His activities reportedly extended to foreign connections, with some operations traced back to the UAE, where he is currently based. Yadav is accused of using profits from these schemes to buy assets in India and abroad. He remains absconding while facing multiple charges filed by Haryana Police. The ED’s focus includes uncovering forced loan recoveries and ties to overseas entities. Among the firms under scrutiny is Apollo Green Energy Ltd., suspected of involvement in the money laundering network. The use of technology, including a custom-built website, points to a shift in how organized crime operates today.
The seized assets and digital evidence will now undergo further examination. The ED’s findings could reveal more about Yadav’s financial dealings and international links. Authorities continue their efforts to locate him and dismantle the network.
