Assam Turns Into Transit Point For Gold Smugglers
GUWAHATI: The recent gold seizures across India by the Directorate of Revenue Intelligence (DRI) indicate a spurt in the smuggling of gold through the north-eastern borders of Bangladesh and Myanmar, and in the entire process Assam turns into a main transit point for the smugglers. The state also is a market for international smugglers.
While the porous neighbouring borders have been used for smuggling in the past, 11 cases of gold seizures of 121 kg in September 2022 alone show that the North East corridor is still extensively being used by smugglers deploying ingenious ways of concealment, read a Union Ministry of Finance release.
https://www.guwahatiplus.com/exclusive-news/assam-turns-into-transit-point-for-gold-smugglers?jr=on
Lear MoreEight held in Mulugu with Rs 1.65 crore in fake currency in Telangana
After thoroughly checking the two vehicles, police found that the eight accused were carrying demonetised and fake notes and took them into custody.
MULUGU: Venkatapuram police on Thursday arrested eight members of a gang that was peddling counterfeit currency and seized demonetised and fake notes with a face value of Rs 1.65 crore. Police also seized nine mobile phones and two cars from the culprits.
Speaking to the media, Mulugu SP Sangram Singh G Patil said that based on a tip-off that fake and demonetised currency is being transported for circulation, Venkatpuram police were conducting vehicle checks along with CRPF personnel, when two cars stopped at some distance and started turning back.
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Five smuggling attempts foiled, Rs 4.73-cr gold seized at Hyderabad airport over two days
Gold smuggling has been rising around Diwali over the past few years, says a Customs official.
Customs officials at Hyderabad’s Rajiv Gandhi International Airport on Friday foiled three gold-smuggling attempts when they intercepted and arrested three flyers from Dubai, taking the number of foiled attempts this week to five. The officials said a total of 8,995g of gold, valued at Rs 4.73 crore, had been seized.
Lear MoreCustoms seizes ₹27 crore wrist watch at Delhi’s IGI airport, arrests passenger
Premium Delhi Customs seize seven expensive wristwatches worth approximately ₹28 crores from a passenger at Indira Gandhi International Airport, in New Delhi on Thursday.
In the ‘biggest seizure’ of luxury goods at Delhi airport, an Indian national has been arrested for allegedly trying to smuggle seven high-end wrist watches, including the one made of gold and studded with diamonds worth more than ₹27 crore
An Indian national has been detained for allegedly attempting to smuggle seven expensive wrist watches, including one made of gold and set with diamonds worth more than ₹27 crore, according to officials. This is the “biggest seizure” of luxury goods at the Delhi airport.
Lear MoreGuj: Fake currency notes with Rs 317 crores face value seized from four cities; kingpin held in Mumbai
SURAT: City police seized fake currency notes with the face value of Rs 317 crore from various locations in Gujarat and Mumbai and arrested six persons, officials said on Tuesday.
The main accused, Vikas Jain, was picked up from Mumbai. He runs a courier firm with branches in different cities. The counterfeit currency notes were seized from various locations in Mumbai, Anand, Surat and Jamnagar.
Lear More26 crore Fake Currency printed as Reverse Bank of India seized IG News
It can be said that we keep seeing many cases on TV where miscreants are caught by the police doing illegal things like printing these fake notes and transporting them from one place to another. This smuggling is not limited to fake currency, these miscreants find different ways to transport even sandalwood trees in the forests, avoiding the eyes of the police. Accordingly, the fake currency that was being carried in the ambulance (Fake Currency In Ambulance) has been confiscated. Read further for more details.
https://irshadgul.com/26-crore-fake-currency-printed-as-reverse-bank-of-india-seized-ig-news/
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Police seize ₹14.35 lakh of fake currency in Vellore
Abandoned fake currency notes worth ₹14.35 lakh were seized by the police on the service lane of Chennai-Bangalore Highway (NH48) in Konavattam within the Vellore Corporation limits on Saturday.
This comes a day after the police seized unaccounted cash of ₹14.7 crore from parked vehicles near the Pallikonda toll gate. The police said around 10.45 a.m., a police patrol team found an abandoned cardboard box on the service lane of the highway in the neighbourhood. They opened the box and found currency notes in the denomination of ₹500.
Lear More8th Edition MASCRADE 2022
22-23 September 2022 | Shangri-La, New Delhi
MASCRADE 2022 focuses on imparting knowledge and creating awareness amongst the consumers about their rights, duties and responsibilities to safeguard their welfare and interest from illicit trade network. It will provide a platform to analyse and promote deliberations among the stakeholders on the adverse socio-economic impact of illicit trade is an unfair trade practice that undermines private sector contributions to economic growth and employment. It chokes market growth, sabotages global supply chains, squanders natural resources and endangers security
The growing network of illicit trade is a grave oncern as it endangers lives of the consumers. Inadequate legal framework and lack of consumer awareness are shaping the dynamics of illicit trade. Imparting knowledge to the consumer on the importance of promoting genuine goods in the country can go a long way to tackle this menace. Therefore, significant policy reforms and strategies should be enhanced to fight against the growing hazards of counterfeiting and smuggling with the goal of keeping consumer safe.
“Our goal is to foster a healthy discussion on newer and practical strategies to mitigate the challenges of counterfeiting and smuggling”
WHAT ARE WE DISCUSSING THIS YEAR?
- To Empower, Inspire and Connect Consumers for a Safer and Healthier World
- Reining in the Threat Posed by Online Bad actors to your Business and its Consumers
- An Inter-ministerial Dialogue on Prioritizing the Fight Against Counterfeiting and Smuggling – Towards socio-economic development in India’s ‘Amrit Kaal’
- Issues, Trends and Collaborations – Need for Proactive Strategies to stay ahead of illicit players
- Accelerating Action Against Organized Crime fueling Illicit Trade – Identify, Analyze and Respond
Five men arrested for smuggling liquor to Tamil Nadu from Karnataka
COIMBATORE: The Negamam police in Coimbatore district arrested five people on Monday for smuggling liquor from Karnataka to Tamil Nadu. The police seized 45 litre and 700 ml of brandy from them.
Negamam police sub-inspector A Mohammed, special sub-inspector Kannan and police constables Manivasagam and Dineshraj conducted vehicle checks on Monday afternoon. They intercepted a sport utility vehicle (SUV) on the Palladam -Pollachi Road and checked it. They found Karnataka liquor packets and bottles in the SUV.
Mumbai: Crime branch arrests one for selling beauty products after altering their expiry dates
The crime branch department of Mumbai police have arrested a 51-year-old man who used to allegedly import expired cosmetic products from foreign countries and sell them in different markets in the city and adjoining areas, after alerting its expiry date.
Th accused has been identified as Arshad Sheikh, who allegedly imported expired cosmetic products from Europe, China and other countries, and sold them in local markets of the city after changing the dates of manufacture and expiry, added the police.
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