During the search operations, various incriminating documents and digital devices were recovered and seized.
FinTech BizNews Service
Mumbai, 25 December 2025: Directorate of Enforcement (ED), Jalandhar Zonal Office has conducted search operations on 22.12.2025 at 11 locations across states of Punjab, Haryana, Rajasthan, Gujarat and Assam under the provisions of the Prevention of Money Laundering Act(PMLA), 2002 in connection withmoney laundering investigation related to Digital Arrest case of Shri S. P. Oswal, an eminent industrialist of Ludhiana, as per a press release issued by the ED today.
Various incriminating documents and digital devices were recovered and seized during search proceedings. ED initiatedinvestigation on the basis of the FIR registered by Cyber Crime Police Station, Ludhiana under various provisions of BNSS, 2023.Subsequently nine more FIRs registered by various Police authoritiesregarding cybercrime/ digital arrest related to the same group of criminals were also taken up in the same investigation.
ED investigation revealed that during the Digital Arrest of Shri S P Oswal the fraudsters impersonating officers of the Central Bureau of Investigation and by using forged official and judicial documents forced him to transfer Rs. 07 Crore in the various accounts out of which Rs. 5.24 Crore were recovered from the accounts and were transferred back. The remaining funds were transferred to various mule accounts maintained in the name of various entities and persons being labourers/delivery boys which were either further diverted or withdrawn in cash immediately. It was also found during investigation that the amounts cheated from victims were immediately diverted by group of persons in various mule accounts and credentials of those accounts were being used by one Ms. Rumi Kalita in lieu of certain percentage of cheated money to be given to her as her share. Various incriminating evidences gathered during the search show that she was deeply involved in diversion and layering of Proceeds of Crime. During search, Ms. Rumi Kalitawas arrested under provisions of PMLA on 23.12.2025 and her transit remand was allowed by the Hon’ble CJM Court, Kamrup (M) Guwahati for 04 days and subsequently she was produced before the Hon’ble Special Court, PMLA in Jalandhar which granted ED custody of 10 days up to 02.01.2026 of the accused. Earlier, searches were conducted on 31.01.2025 in the case which resulted in recovery and seizure of incriminating documents. Further investigation is under progress.
