{"id":1015848,"date":"2026-06-20T09:09:29","date_gmt":"2026-06-20T03:39:29","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1015848"},"modified":"2026-06-20T09:28:55","modified_gmt":"2026-06-20T03:58:55","slug":"ed-raids-six-places-in-bengaluru-for-fema-violations-exceeding-rs-2500cr","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/20\/ed-raids-six-places-in-bengaluru-for-fema-violations-exceeding-rs-2500cr\/","title":{"rendered":"ED raids six places in Bengaluru for FEMA violations exceeding Rs 2,500cr"},"content":{"rendered":"<p>BENGALURU: The Directorate of Enforcement (ED), Bengaluru zone, conducted searches under the Foreign Exchange Management Act at six premises across the city on allegations of unauthorised cross-border transfer of money using Virtual Digital Assets (VDAs) by multiple entities. <\/p>\n<p>Preliminary findings revealed contravention of FEMA through unauthorised cross border money transfer, amounting to more than Rs 2,500 crore. The main entities where the searches were conducted were Transak Technology India Pvt Ltd, Carretx Technologies Pvt Ltd, Mokshagna Technologies Pvt Ltd, Buyhatke Internet Pvt Ltd and Abhibha Technologies Pvt Ltd.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU: The Directorate of Enforcement (ED), Bengaluru zone, conducted searches under the Foreign Exchange Management Act at six premises across the city on allegations of unauthorised cross-border transfer of money using Virtual Digital Assets (VDAs) by multiple entities. Preliminary findings revealed contravention of FEMA through unauthorised cross border money transfer, amounting to more than Rs 2,500 crore. The main entities where the searches were conducted were Transak Technology India Pvt Ltd, Carretx Technologies Pvt Ltd, Mokshagna Technologies Pvt Ltd, Buyhatke Internet Pvt Ltd and Abhibha Technologies Pvt Ltd.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-1015848","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1015848"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015848\/revisions"}],"predecessor-version":[{"id":1015883,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015848\/revisions\/1015883"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1015848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1015848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1015848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}