Two arrested by ED for sending Rs 1,500 cr to foreign countries in guise of 'customised software'

The ED has arrested two accused, Deepak and Ayush Aggarwal, for allegedly sending Rs 1,500 crore out of India to Hong Kong, China and Singapore in the guise of import of fake “customised software”.

The Enforcement Directorate (ED) Monday arrested two accused, Deepak and Ayush Aggarwal, in connection with a Rs 1500 crore trade-based money laundering scam, officials said. The duo has been accused of allegedly sending Rs 1,500 crore out of India to Hong Kong, China and Singapore in the guise of import of fake “customised software”. Earlier, Bhimender Kumar Goyal, the kingpin of an international trade-based network, was arrested by ED and he is presently lodged in Tihar Jail.