A case has been registered against a US-based organisation and six others following a complaint by the Enforcement Directorate (ED) alleging the illegal utilisation of foreign funds through a network of foreign debit cards, including in Left Wing Extremism-affected areas of the country.
Based on the ED complaint, Bengaluru’s Kothanur Police registered the case on June 11 under various provisions of the Bharatiya Nyaya Sanhita and the Unlawful Activities (Prevention) Act.
According to the ED, searches conducted on April 18 and 19 under the Income Tax Act and the Foreign Exchange Management Act revealed that the accused, allegedly in association with a US-based entity, used foreign-origin debit cards issued by an American bank to withdraw and utilise funds across India.
The agency has alleged that nearly 92.55 crore rupees were illegally utilised between November 2025 and April 2026, in violation of provisions of the Foreign Exchange Management Act and the Foreign Contribution Regulation Act.
