Archive · 1 Aug 2025
ED Investigates Anil Ambani Group Over ₹68 Crore Fake Bank Guarantee
Imagine a company that made a fake promise to pay money, like a fake IOU.
The government is investigating the Anil Ambani Group for this, as they received this fake promise.
The company, Biswal Tradelink, is accused of issuing this fake guarantee, which was worth a lot of money.
To make it look real, they used a fake email address that looked like it came from the State Bank of India.
They also used secret messages to hide their actions.
The Enforcement Directorate (ED) is investigating alleged financial irregularities within the Anil Ambani Group.
Searches were conducted at four locations linked to Biswal Tradelink Pvt. Ltd., including Bhubaneswar and Kolkata.
Biswal Tradelink is suspected of issuing a fake bank guarantee of ₹68 crore.
The fake bank guarantee was provided to the Solar Energy Corporation of India (SECI).
The company allegedly used a fake email domain, s-bi.co.in, to impersonate the State Bank of India.
- Who
- The Enforcement Directorate (ED) is investigating Biswal Tradelink Pvt. Ltd. and its alleged involvement with the Anil Ambani Group.
- What
- The Enforcement Directorate (ED) is investigating a fake bank guarantee issued by Biswal Tradelink Pvt. Ltd.
- When
- Searches were conducted on Thursday, August 1st, but the exact date of the fraudulent activity is not specified.
- Where
- Searches were conducted in Bhubaneswar, Odisha, and Kolkata.
- Why
- The ED is investigating the issuance of a fake bank guarantee and suspicious financial transactions.
Alleged Fraud
Law Enforcement
Fraudulent Activity
Alleged Fraud
Authorities allege Biswal Tradelink issued a fake bank guarantee.
Law Enforcement
Information regarding opposing viewpoints is not available in the text.
- Investigation Agency
- Enforcement Directorate (ED)
- Accused Company
- Biswal Tradelink Pvt. Ltd.
- Location of Searches
- Bhubaneswar, Kolkata
- Nature of Alleged Crime
- Fake Bank Guarantee
- Fake Guarantee Amount
- ₹68 crore
- Related Party
- Anil Ambani Group
- Fake Domain
- s-bi.co.in
