Friday, 24 March, 2023

Coinswitch Kuber's five locations are searched as part of money laundering investigation by ED

<p>The Enforcement Directorate searched five locations connected to Coinswitch Kuber in the course of its investigation into the rapid micro loan app scam&#39;s money laundering. This is the third transaction that the federal government is looking into because it claims that 365 fast loan apps diverted proceeds of crime by giving loans at high-interest rates and then utilizing telemarketers to retrieve them.</p>