ED arrests two men in Chennai for online fraud, crypto currency laundering

CHENNAI The Directorate of Enforcement (ED), Chennai Zonal Office-II has arrested two men — Roshan Fiaz and Ammar — under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with money laundering investigation relating to online frauds.

The two persons who were arrested on October 30, 2026 had laundered the amount defrauded through networks of mule bank accounts and cryptocurrency (USDT).

In a press release, the ED said it initiated the investigation based on two FIRs registered by the State Cyber Crime Command Centre, Tamil Nadu Police, and another registered by Cyber Crime Police Station, Cyberabad, of Telangana under various sections of Bhartiya Nyaya Sanhita (BNS ) 2023 and the Information Technology Act.