By Our Correspondent
NEW DELHI: ED, Panaji has arrested Mumbai-based advocate Rashesh Bharatkumar Upadhyay alias Rashesh Shah on 24.10.2026 under PMLA, 2002 while he was attempting to flee via Mumbai Airport.
He allegedly facilitated the unfreezing of about 100 bank accounts by arranging cash bribes through intermediaries, enabling the laundering network to continue operating.
The case involves transactions of Rs. 28,000 Crore (Approx) across a network linked to over 300 victims complaints related to cyber frauds and more than 160 FIRs across 20 States/UTs. This is the 7th arrest in the case.
