U.S. President Donald Trump said on Saturday (May 23, 2026) a deal with Iran had been “largely negotiated,” with the proposal including opening the crucial Strait of Hormuz, though the agreement was “subject to finalisation.” “An Agreement has been largely negotiated
A person who approached a White House security checkpoint and began firing at officers has died, according to federal officials. The U.S. Secret Service said in a statement late on Saturday (May 23, 2026) that, according to a preliminary investigation
After spending 35 years at , consumer chief marketing officer is preparing to leave the company following the end of its next fiscal year, according to an internal memo as reported by Business Insider.Mehdi told employees he would remain at Microsoft until June 2027 to support the company
Pakistani woman says corporate culture makes employees feel guilty for taking leave: ‘Rest needs justification’A Pakistani woman said corporate jobs made employees feel guilty for taking paid leaves they were allowed to use. Published on: May 24
This crunchy veggie rice paper pancake is the perfect quick-fix snack for sudden hunger cravings at home: Full recipeFrom crispy edges to flavour-packed bites, try this veggie rice paper pancake recipe for an ultimate comfort snack for lazy evenings. Updated on: May 24
Amazon techie earning ₹11 lakh/month has 1 house in US, 4 properties in India, Range Rover — but no emergency fundAn Amazon employee earning close to $300,000 feels financially insecure despite significant savings and investments. Published on: May 24
Rare lung transplant at Apollo saves a life; spotlight on India's organ donor shortageRare lung transplant at Apollo saves a life; spotlight on India's organ donor shortage Published on: May 24, 2026 10:33 AM IST PTI Share via Copy link New Delhi, A year ago, every breath felt borrowed
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.These countertop organisers, crockery pick and jars can give your kitchen a Pinteresty spin by keeping the clutter awayTurn your kitchen into a photo-ready space with stylish organisers
ED probe uncovers Rs 415-cr Al-Falah University scam built on fake accreditation claims
The Enforcement Directorate has accused Al-Falah University and its trust of generating over Rs 415 crore. This alleged income stemmed from misleading students and parents about the university's accreditation. The group's chairman, Jawad Ahmed Siddiqui, was arrested. The ED is investigating fund diversions and potential benami assets. Cash and digital evidence were seized during searches.
The Enforcement Directorate (ED) has alleged that Al-Falah University and its controlling trust generated proceeds of crime worth at least Rs 415.10 crore by fraudulently inducing students and parents to pay fees based on false accreditation and recognition claims.
The investigative agency made its claims in the remand application filed before a court after the arrest of Al-Falah group chairman Jawad Ahmed Siddiqui on late Tuesday evening.
The agency had arrested Siddiqui under Section 19 of the Prevention of Money Laundering Act (PMLA), 2002, following a detailed investigation and analysis of evidence gathered during a search action conducted earlier on Tuesday at premises related to the Al Falah group. The search was in connection with an ongoing probe in an Enforcement Case Information Report (ECIR) recorded by the ED on November 14 under PMLA in connection with the Al Falah Group.
The ED said an analysis of Income Tax Returns from Financial Year (FY) 2014-15 to FY 2024-25 -- the period after the university's establishment -- revealed substantial revenues shown as voluntary contributions and educational receipts.
It said the trust declared Rs 30.89 crore in FY 2014-15 and Rs 29.48 crore in FY 2015-16 as "voluntary contributions". From FY 2016-17 onwards, large incomes were reported as "receipts from main object" or "educational revenue", including ₹24.21 crore (FY 2018-19), ₹41.97 crore (FY 2019-20), ₹55.49 crore (FY 2020-21), ₹55.15 crore (FY 2021-22), ₹89.28 crore (FY 2022-23), ₹68.87 crore (FY 2023-24) and ₹80.10 crore (FY 2024-25).
The agency said the aggregate income from years when institutions lacked valid accreditation stands at Rs 415.10 crore. The ED told the court that Siddiqui exercised complete control over the Al-Falah educational ecosystem, and only a portion of the proceeds of crime has been identified so far.
Seeking Siddiqui's custodial interrogation, the ED told the court that the custody of the accused was essential to uncover fee structures, donations, inter-entity fund flows, and any benami or off-book assets created using illicit funds.
The agency also warned of a "serious risk of dissipation" of tainted assets, stating that Siddiqui continued to wield de facto influence over the trust and could potentially divert funds, alter ownership structures or encumber properties, including the Dhauj campus, to obstruct the investigation.
The ED added that custodial interrogation was required to determine the roles of family members and associates who appeared as trustees and directors across the university's network, but where evidence pointed to Siddiqui being the "controlling mind".
Citing two First Information Reports (FIRs) of the Crime Branch of Delhi Police based on which ED filed money laundering case against Al-Falah group, the agency said that there were reasonable grounds to believe Siddiqui committed the offence of money laundering under Section 3 of the PMLA by engaging in activities connected with proceeds of crime generated through cheating, forgery and misrepresentation of NAAC and UGC recognition.
The Crime Branch of Delhi Police had registered the two FIRs on November 13 based on the allegations that Faridabad-based Al-Falah University has made fraudulent and misleading claims of National Assessment Accreditation Council (NAAC) accreditation with an intention to deceive students, parents, and stakeholders for wrongful gain.
It has been further mentioned in FIR that Al-Falah University has falsely claimed University Grants Commission (UGC) recognition under Section 12(B) of the UGC Act, 1956, with an oblique motive to cheat the aspirants, students, parents, guardians, stakeholders and general public to gain wrongfully and cause wrongful loss to them.
Al-Falah Charitable Trust was constituted by a public charitable trust deed dated September 8, 1995, with Jawad Ahmad Siddiqui named as one of the first trustees and designated as the Managing Trustee, the ED said.
ED has conducted search operations at 19 locations in Delhi on Tuesday, including the premises of Al Falah University and the residential premises of key persons of the group
ED said its investigation has revealed that "large amounts of proceeds of crime have been generated. Evidence reveals that crores of rupees have been diverted by the trust to family-owned entities."
During the search, ED said, cash of over 48 lakhs, multiple digital devices and documentary evidence were found and seized.
Add as a Reliable and Trusted News Source Add Now!
Source: EconomicTimes
Related Posts: Enforcement Directorate summons Robin Uthappa Rs 4.5 Crore Assets Seized In MP Education Scam By Enforcement Directorate ED raids 25 Al-Falah University-linked sites Al-Falah University hired doctors linked to Red Fort blast without police checks Al-Falah University Founder's House In MP Likely To Be Demolished Delhi Police registers 2 FIRs against Al-Falah University for forgery and cheating Trump signs bill to end record shutdown over immigration enforcement Immigration enforcement Trump Names Colin McDonald As Top Investigator For Fraud Enforcement India, Canada agree on security, law enforcement work plan after thaw in relations
Indian athletics witnessed a historic evening in Ranchi as Tejaswin Shankar became the first Indian ever to breach the 8000-point barrier in decathlon at the Federation Cup on Saturday. The 27-year-old produced a sensational all-round performance to finish with 8057 points
1 days ago
The Centre released draft rules for the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025 for public consultation. The rules focus on governance, grievance redressal, and transitioning from MGNREGA to the new rural employment scheme
1 days ago
The National Threat Analytics Unit of the Indian Cybercrime Coordination Centre (I4C) has warned of a sophisticated phishing campaign impersonating Apple tech support to target whose devices have been lost or stolen, officials said on Saturday.The I4C, which functions under the Union Home Ministry
1 days ago
Sachin Tendulkar praised his son Arjun's IPL debut for Lucknow Super Giants. Arjun Tendulkar showed patience and skill in his first match. He bowled well and took a wicket. Sachin Tendulkar expressed pride in his son's performance and attitude
1 days ago
White House shooting suspect claimed to be ‘real’ Osama bin Laden, threatened Trump online: ReportOsama bin Laden was the founder and leader of the terror group Al-Qaeda, which was reportedly responsible the 9/11 attacks. Updated on: May 24, 2026 11:02 AM IST By Anita Goswami Share via Copy
1 days ago
May 24, Birthday Horoscope: Here's what the tarot cards have in store for youIf your birthday falls on May 24, here’s what your year ahead looks like, as per Tarot. Published on: May 24, 2026 11:00 AM IST By Kishori Sud Share via Copy link If you were born on May 24
1 days ago
George Russell may have delivered the perfect answer to mounting pressure at Mercedes. After a fiery sprint race clash with championship-leading teammate Kimi Antonelli earlier on Saturday, the Briton bounced back in style to grab pole position for Sunday’s Canadian Grand Prix — edging the
1 days ago
BJP candidate Debangshu Panda is leading significantly in the Falta assembly constituency repoll. After five rounds of counting, Panda has secured a lead of over 14,000 votes against his CPI(M) rival. The repoll followed allegations of EVM tampering and irregularities during the initial polling
1 days ago
The suspect in a shooting near the White House was killed in an exchange of fire with Secret Service agents on Saturday evening, officials have confirmed. BBC's US media partner CBS has named the suspect as Nasire Best, a 21-year-old man who was known to the Secret Service and had a documented
1 days ago
CPI(M) MP raises concerns over CBSE's digital evaluation, seeks interventionCPI(M) MP raises concerns over CBSE's digital evaluation, seeks intervention Published on: May 23, 2026 5:22 PM IST PTI Share via Copy link New Delhi, The Rajya Sabha leader of the CPI, John Brittas
1 days ago
Imagine enjoying a decadent, fudge‑like treat that also supports your hormones, libido, and menstrual rhythm, all while being packed with collagen, magnesium, adaptogens, and lignan‑rich omega‑3s. These Seed Cycling Hormone Bliss Balls are designed around the simple yet powerful practice of
1 days ago
Weekly Love Horoscope for May 24-30, 2026: The stars brings positive energies for these zodiac signsWeekly Love Horoscope for May 24-30, 2026: This week asks for patience, trust, and emotional resilience. Published on: May 24, 2026 7:30 AM IST By Kishori Sud Share via Copy link Aries Love feels
1 days ago
Perhaps the fullest realisation of what Mohamed Salah has achieved at Liverpool will only come with time. But as he prepares to say his goodbyes on Sunday, there is plenty to appreciate and admire in the here and now. There are the standards Salah helped to set that emanated through the club in his
1 days ago
From a darkly comic tale of revenge to a beautiful contemplation on friendship, here are the year's most acclaimed works of fiction so far. "Daring, deranged, cleverly written," is how Vogue describes the buzzy debut by Caro Claire Burke. In this satirical thriller
1 days ago
Jaipur real estate: Ashiana Housing has launched the first phase of its 10.35-acre residential project ‘Ashiana Oma’ in Ajmer Road at Mansarovar Extension Ashiana Housing will invest nearly ₹560 crore to develop a residential project in Jaipur
1 days ago
Overnight fires in Delhi: Shops, homes gutted in four blazesA fire department officer was injured after the tin shed of one of the shops he was standing on during the firefighting operation collapsed. Updated on: May 24, 2026 7:37 AM IST By Karn Pratap Singh Share via Copy link Four separate fire
1 days ago
As per the government, the new rules enable families living in Delhi to submit applications if their annual household income is within the newly prescribed limit. New Delhi: The Delhi government has reopened the process of issuing fresh ration cards under changed eligibility criteria after a gap of
1 days ago
The reported disruption of AI-animated film Critterz after OpenAI allegedly shut down Sora has sparked a larger conversation around one major issue in tech and entertainment: what happens when creators build entire projects on platforms they do not control?The reported disruption of AI-animated
1 days ago
Ex-Meta employee says non-Chinese workers were targeted for layoffsA laid-off Meta engineer has alleged that he was routinely excluded and ostracised by his Chinese colleagues at the company. Updated on: May 24, 2026 7:01 AM IST By Sanya Jain Share via Copy link A laid-off Meta engineer has alleged
1 days ago
Mackenzie Shirilla wanted Kim Kardashian's help; here's why it's not happeningMackenzie Shirilla sought Kim Kardashian's legal support following the release of The Crash documentary, but Kardashian reportedly has no plans to get involved. May 24, 2026
1 days ago
The first scientific survey of fishing cats (Prionailurus viverrinus) in Kaziranga National Park and Tiger Reserve has recorded 57 individuals, confirming that the species is widely distributed and actively reproducing across the reserve’s floodplains
1 days ago
X warns founder against reuploading White House shooting video: 'Revenue reduced by 90%'Nikita Bier of X warned a user against reuploading the White House shooting video, asking him to ‘Quote’ or ‘Video Reshare’ instead. Updated on: May 24, 2026 6:14 AM IST By Sanya Jain Share via Copy link
1 days ago
Sonam Wangchuk says Article 371 talks for Ladakh still ‘work in progress’; backs Cockroach Janta PartySonam Wangchuk hoped constitutional safeguards will be granted to Ladakh after recent talks between Ladakh groups and the Centre. Updated on: May 24
1 days ago
Talking about international partnerships, PM Modi said India’s growing ties with global companies and countries would create new opportunities for young people. Prime Minister Narendra Modi distributed more than 51,000 appointment letters to newly recruited candidates during the 19th Rozgar Mela
1 days ago
The Archaeological Survey of India’s circular in December on tourist guides at Red Fort has opened a larger debate: who gets to interpret the past? The circular states that only guides licensed by the Ministry of Tourism and endorsed by the Archaeological Survey of India may offer services inside
1 days ago
Dipika Kakar’s father-in-law in ICU after suffering stroke, Shoaib Ibrahim seeks prayers: ‘24 hrs are crucial’Shoaib Ibrahim took to Instagram to inform fans that his father has been hospitalised once again after suffering another stroke. May 24, 2026
1 days ago
Oleksandr Usyk struck lucky to retain his world heavyweight titles in Egypt with a highly controversial 11th-round stoppage win against boxing novice Rico Verhoeven. Verhoeven, in just his second professional boxing fight, was the clear aggressor for long spells
1 days ago
