₹7 Cr Scam: ED Conducts Mass Searches Across 5 States in Oswal Digital Arrest Case
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The Enforcement Directorate (ED) conducted searches at 11 locations across five states on Monday in connection with a massive digital arrest scam that cheated Ludhiana-based industrialist S P Oswal out of more than ₹7 crore. The searches, carried out under the Prevention of Money Laundering Act, 2002, were conducted in Punjab, Haryana, Rajasthan, Gujarat, and Assam, with officials recovering and seizing various incriminating documents and digital devices. According to the ED, the scam involved a group of individuals impersonating Central Bureau of Investigation officers, who used forged documents to force Oswal to transfer ₹7 crore to various accounts. ₹5.24 crore were recovered and returned to Oswal, while the remaining funds were transferred to mule accounts, allegedly operated by Rumi Kalita, who was arrested on Tuesday. Kalita has been sent to ED custody till January 2, 2026. The ED had launched a money laundering probe based on 10 FIRs registered by police authorities regarding cybercrime and digital arrest. The investigation revealed that the scam involved a complex web of transactions, with funds being diverted and layered to evade detection. The agency has seized incriminating documents and digital devices, and further investigation is ongoing.
