Alleged mastermind behind Rs. 21 Billion illegal Dollar transfer network arrested (opens original article in a new tab)

The Financial Investigation Division arrested the alleged mastermind of a Rs. 21 billion illegal dollar transfer network, which facilitated tax and customs revenue losses through fake import transactions and linked to organized crime.

• Financial Investigation Division arrested Jeffry Mohamed, alleged mastermind of a Rs. 21 billion illegal dollar transfer network
• Operation involved unlawful foreign currency remittances through A.Y. Investments, enabling tax and customs revenue losses
• Investigation revealed links to organized crime and drug trafficking, with seized luxury vehicles and bank account fraud