ED, Aizawl sub-zonal office has conducted search operations under the provisions of the PMLA, 2002 on 12.02.2025 at 09 premises across Assam and Mizoram related to Vehicle Loan fraud case where Mahindra & Mahindra Financial Services Limited (MMFSL) was the victim

"On "13/03/2025", the "Enforcement Directorate (ED)" issued an update regarding "ED, Aizawl sub-zonal office has conducted search operations under the provisions of the PMLA, 2002 on 12.02.2025 at 09 premises across Assam and Mizoram related to Vehicle Loan fraud case where Mahindra & Mahindra Financial Services Limited (MMFSL) was the victim". The investigation revealed a conspiracy involving car dealers and MMFSL employees who created fake profiles, used fabricated documents, and siphoned funds amounting to Rs. 146 Crore."