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  • Category: AML/CFT Case Studies

Category: AML/CFT Case Studies

WazirX–Binance Regulatory Scrutiny: Lessons in Virtual Asset Compliance & the Case for Predictive Compliance Intelligence
AML/CFT Case Studies

WazirX–Binance Regulatory Scrutiny: Lessons in Virtual Asset Compliance & the Case for Predictive Compliance Intelligence

Introduction The regulatory scrutiny surrounding WazirX and Binance between 2022 and 2023 marked a defining moment in India’s evolving approach to cryptocurrency oversight. Once celebrated…

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Sterling Biotech Case: The Sandesara Group & the Global Trail of Financial Laundering
AML/CFT Case Studies

Sterling Biotech Case: The Sandesara Group & the Global Trail of Financial Laundering

Introduction The Sandesara Group, led by Nitin and Chetan Sandesara, controlled the once-prominent Gujarat-based pharmaceutical and gelatin manufacturer. Behind its public reputation as an exporter…

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IL&FS Crisis: Corporate Governance Failures & the Case for Predictive Compliance Intelligence
AML/CFT Case Studies

IL&FS Crisis: Corporate Governance Failures & the Case for Predictive Compliance Intelligence

Introduction The collapse of Infrastructure Leasing & Financial Services Limited (IL&FS) in 2018 remains one of India’s most significant financial governance crises. Once considered a…

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ED Asset Seizures: India’s Expanding Enforcement Landscape and What It Means for AML Compliance
AML/CFT Case Studies

ED Asset Seizures: India’s Expanding Enforcement Landscape and What It Means for AML Compliance

Introduction Over the past decade, India’s Enforcement Directorate (ED) has evolved from a specialized investigation agency into one of the most powerful instruments of financial…

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Paytm Payments Bank Case: RBI’s Compliance Action and the Future of AML Readiness
AML/CFT Case Studies

Paytm Payments Bank Case: RBI’s Compliance Action and the Future of AML Readiness

Introduction In 2024, the Reserve Bank of India (RBI) took one of its most decisive regulatory actions in recent fintech history, directing Paytm Payments Bank…

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DHFL Loan Diversion Case: How India’s ₹34,000-Crore Scam Exposed the Need for AI-Driven Compliance
AML/CFT Case Studies

DHFL Loan Diversion Case: How India’s ₹34,000-Crore Scam Exposed the Need for AI-Driven Compliance

Introduction The Dewan Housing Finance Limited (DHFL) case remains one of India’s most striking examples of systemic financial misconduct, a ₹34,000-crore loan diversion and money-laundering…

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Delhi’s Money Heist Scam: The ‘Professor & Amanda’ ₹150-Crore Fraud
AML/CFT Case Studies

Delhi’s Money Heist Scam: The ‘Professor & Amanda’ ₹150-Crore Fraud

Introduction India’s financial crime landscape continues to evolve rapidly, moving from traditional bank frauds to sophisticated, technology-enabled investment scams. In late 2025, Delhi Police unearthed…

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Bhushan Steel Over-Invoicing Case: Trade-Based Money Laundering Lessons
AML/CFT Case Studies

Bhushan Steel Over-Invoicing Case: Trade-Based Money Laundering Lessons

Introduction Trade-Based Money Laundering (TBML) has emerged as one of the most complex and least detected forms of financial crime. Unlike conventional money laundering, which…

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FATF Grey Listing in South Asia: Risks, Reforms & How IDYC360 Strengthens AML Readiness
AML/CFT Case Studies

FATF Grey Listing in South Asia: Risks, Reforms & How IDYC360 Strengthens AML Readiness

Introduction The Financial Action Task Force (FATF) remains the world’s foremost body for setting and monitoring standards to combat money laundering, terrorist financing, and proliferation…

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Lessons from the ₹73-Crore SR Alcobev Case and the Role of AI-Driven Compliance
AML/CFT Case Studies

Lessons from the ₹73-Crore SR Alcobev Case and the Role of AI-Driven Compliance

Executive Summary In November 2025, the Enforcement Directorate (ED) conducted coordinated raids across Odisha, Delhi, Uttarakhand, and Punjab, uncovering a ₹73-crore loan fraud linked to…

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