Ramesh has 3 sons, Mahesh, Naresh, and Suresh. The eldest son, Mahesh, runs a Rice Mill taken over from his father Ramesh, as a family business. Suresh, the third son of Ramesh, always feels ignored by his family and looking for some fast easy money, joins hands with Himesh, a real estate agent, who promises to pay Suresh, a commission in cash, if he helps Himesh to buy 45 acres of land and hold the land in his name on behalf of one of his customers, Sonu, in good trust and in good faith. Suresh agrees and a purchase agreement for 45 Acres of land was registered in the name of Suresh. Subsequently, Suresh entered into several similar agreements in his name on behalf of others. In due course of time, Suresh also formed a company, called Ramesh Suresh Private Limited (RSPL), with the objects of running a hotel business, but the source of funding for the business was through secret drug peddling / dealings. RSPL was involved in the following activities: (A) RSPL accepted illegal monies by cash as legitimate business transactions supported with fake income and receipts. (B) The monies were then deposited into the bank accounts of RSPL as clean money. (C) Suresh also kept fraudulent records, which did not demonstrate the current state of affairs of his business. (D) Monies in the bank accounts of RSPL were also often transferred as legitimate business transactions, to the bank accounts of GG Private Limited (GGPL), which is also in a similar business like RSPL. Original source of money was, thus, disguised. (E) RSPL also mobilized funds from various investors but were never utilized for the purpose for which they were collected. (F) Suresh also created a complex structure of group companies, subsidiaries, and associate companies, which were mainly paper /shell companies. (G) RSPL also took loans from various banks and financial institutions. The funds were diverted and transferred to bank accounts of group companies, from where they were systematically siphoned off and were used for the purchase of various properties in India and abroad. Suresh led a lavish lifestyle. He also utilized the illegal cash for lavish stays in various hotels and entertained himself in night clubs in India and abroad. Suresh also held some properties in the name of his wife, Rama, which was bought from his known legal sources i.e. from his share of income from the Rice Mill. Kamal, a friend of Naresh, is the Company Secretary of a listed public limited company, called KKC Limited. Kamal gave a loan of ₹ 7 lakh to Naresh, who in turn, gave the said amount to his other friend, Manu, for investment in the shares of KKC Limited. Manu traded in shares of KKC Limited on behalf of Kamal. Kamal also ensured that some money is passed on to various legitimate companies to buy the shares of KKC Limited, in order to inflate the price of the shares. The intention was to show a higher valuation of shares before proposing to the investors. Ketan, is the brother-in-law of Mahesh, who is employed in UAE and is a non- resident Indian. Ketan purchased some properties in Mumbai in the name of his wife for ₹91 lakh. He paid ₹61 lakh through his NRE Account, ₹3 lakh through direct transfer from his salary account in UAE to the seller's account as advance through normal banking channels, complying with all the procedural requirements, but balance ₹ 27 lakh payment was made through some unknown sources. Ketan also invested in equity shares of various listed companies in India in the name of his wife Jaya, who is a resident in India and himself, as joint holders, from an account that is not disclosed to tax authorities in India. Ketan also purchased a flat in Mumbai in the name of Jaya and himself, as joint holders, from his NRE Account. Mahesh has a married daughter, Tina, who is a UK resident. Mahesh invested ₹1.80 crore in a bank fixed deposit in the name of Tina, without her knowledge. Later, during the course of inquiries by tax officials, Tina denied ownership of the said bank fixed deposit made in her name. The Enforcement Directorate (ED) conducted raid operations against Suresh and his associates after his office obtained some inputs on the purported dubious financial transactions. ED seized incriminating documents, emails, and whatsapp chats during the raid.