×
351
Fashion Jobs
ZACH LIFESTYLE PVT. LTD.
Manager - Content & Social Media
Permanent · MUMBAI
MONALISA ELECTRONIC DESIGN CENTRE PRIVATE
Excellent Job Opportunity For Area Sales Manager- gt & mt
Permanent · Shimla
RRD
Associate Production Manager
Permanent · Chennai
GOKALDAS EXPORTS
Executive - Warehouse (Apparel / Garments Background)
Permanent · Bhopal
NEW ALFA INTERNATIONAL
Foundry Production Manager
Permanent · Dubai
MEDCIS PATHLABS
Medcis Pathlabs is Hiring For Pathology Area Sales Manager
Permanent · Visakhapatnam
PERFECT PUBLISHING SOLUTIONS
Area Sale Manager-b.Tech Fresher-German Mnc -Immediate Joining
Permanent · Bhubaneswar
PERFECT PUBLISHING SOLUTIONS
Area Sale Manager-Denmark Mnc - Medical Device or Hearing Aid
Permanent · Chennai
PEOPLE ALLIANCE WORKFORCE
Area Sales Manager - Cosmetics & Personal Care - Fmcg Industry
Permanent · Bhopal
DESAI ELECTRONICS
Manager Production
Permanent · Pune
PEOPLE ALLIANCE WORKFORCE
Area Sales Manager - Ophthalmic Segment/Ent- Pharma Industry
Permanent · Bengaluru
PEOPLE ALLIANCE WORKFORCE
Sales And Marketing Executive/Asst. Manager -Rigid/Plastics Packaging
Permanent · National Capital Region
BT PRINT PACKAGING SOLUTIONS LLP
Sales Engineer / Businesss Development Manager / Area Sales Manager
Permanent · Faridabad
PEOPLE ALLIANCE WORKFORCE
Area Sales Manager/Asm/Sales Manager- Pharma Industry
Permanent · Chennai
PERFECT PUBLISHING SOLUTIONS
Area Sale Manager-Denmark Mnc - Medical Device or Hearing Aid
Permanent · Surat
PERFECT PUBLISHING SOLUTIONS
Area Sale Manager-b.Tech Fresher-German Mnc -Immediate Joining
Permanent · Mangaluru
NIKE
Partner Management Office (Pmo) General Manager (India)
Permanent · Bengaluru
CARS24
Sales Manager - Kochi,Coimbatore
Permanent · Kochi
SAHAJANAND MEDICAL TECHNOLOGIES
Area Sales Manager
Permanent · Chandigarh
ON TIME SOLUTIONS
Mnc Plastic Industry is Hiring Production Manager (Plastic)
Permanent · Bengaluru
HALONIX TECHNOLOGIES
Area Sales Manager/Territory Manager - Institutional Sales
Permanent · Dehradun
GOKALDAS EXPORTS
Manager - Warehouse (Apparel / Garment Background)
Permanent · Bengaluru
Published
Sep 15, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Paytm faces Enforcement Directorate raids

Published
Sep 15, 2022

Paytm and PayU saw Enforcement Directorate raids at a number of their locations in Delhi, Mumbai, Gurugram, Kolkata, and Lucknow as the government agency investigates the business in connection with its ongoing investigation into Chinese loan apps. 

Paytm saw numerous premises raided as the ED investigates Chine loan apps


The Enforcement Directorate is investigating 18 first information reports registered by the Cyber Crime Police Station in Bengaluru for alleged harassment and extortion of members of the public who had availed small loans from Chinese loan apps, ET Bureau reported. The Enforcement Directorate searched Paytm premises after finding that some of the entities suspected of fraudulently obtaining funds have been carrying out their operations through numerous merchant IDs and accounts held with payment gateways including Paytm. 
 
“During enquiries, it had emerged that these entities are operated by Chinese persons,” the Enforcement Directorate said in a statement, Indo-Asian News Service reported. “The modus operandi of these entities is that by using forged documents of Indians and making them dummy directors of those entities, they are generating proceeds of [a] crime.” 

The Enforcement Directorate has also investigated other digital payments businesses in India including Razorpay and Cashfree Payments. Search operations as part of the operation are ongoing, according to the Enforcement Directorate. 
 
“During the search operations, it was noticed that the said entities were generating proceeds of [a] crime through various Merchant IDs/ accounts held with Payment Gateways/ banks and they are also not operating from the addresses given on the MCA website/ registered address and having fake addresses. An amount of Rs 17 crore has been seized in merchant IDs and bank accounts of these Chinese persons-controlled entities.”

Copyright © 2023 FashionNetwork.com All rights reserved.