Amazon, Flipkart sellers under ED scrutiny over money laundering probe: Report

Amazon, Flipkart sellers under ED scrutiny over money laundering probe: Report

2024-11-07 14:43:23 :

On Thursday, November 7, India’s Enforcement Directorate (ED) conducted nationwide raids on sellers of e-commerce giants Amazon and Flipkart as part of a money laundering investigation, news portal CNBC TV-18 reported.

The investigation is related to money laundering cases involving some sellers on these e-commerce platforms, the report said.

As the investigation is still ongoing, searches have been conducted at nearly two dozen locations including Delhi, Mumbai, Hyderabad and Bengaluru, the news portal reported.

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