ED Cracks Down on Zara FX for Illegal Forex Trading Scheme
Directorate of Enforcement (ED), Kochi Zonal Office has conducted searches at four premises atmultiple locations in Kerala on 7/8/2025 as part of an ongoing investigation under the Prevention of MoneyLaundering Act (PMLA), 2002, against Zara FX, a Cyprus-registered forex trading platform, for operatingillegally in India by collecting deposits through mule accounts and promising high returns … Read more