Enforcement Directorate Cracks Down on Dani Data App Scam, Freezes ₹16.43 Crore

In a significant move, the Enforcement Directorate (ED) has frozen approximately ₹16.43 crore after conducting searches at six locations of payment aggregators in Bengaluru and Pune. This action is part of an ongoing probe under the Prevention of Money Laundering Act into the Dani Data app case, which originated from an FIR registered by the Cyber Crime police in Gujarat’s Banaskantha.

The investigation revealed that the accused lured the public with guaranteed profits on investments made through the app, subsequently collecting significant amounts before abruptly removing it from the Google Play Store. The ED’s crackdown underscores its commitment to combat financial fraud and protect investors from fraudulent schemes orchestrated through digital platforms.