ED Raids 11 Locations, Recovers Rs 5.4 Cr in SP Oswal Digital Arrest Scam; 1 Arrested

• The ED conducted raids at 11 locations across Punjab, Haryana, Rajasthan, Gujarat, and Assam in connection with a digital arrest scam targeting industrialist S P Oswal.
• S P Oswal was defrauded of over Rs 7 crore by criminals impersonating CBI officers and using forged judicial documents.
• Rs 5.24 crore of the defrauded amount has been recovered, with the rest diverted into mule accounts.
• Rumi Kalita from Assam was arrested for providing her bank account to facilitate fund transfers and is in ED custody until January 2, 2026.
• The investigation is based on 10 FIRs related to cybercrime and digital arrest scams, with ED continuing to probe the network.

Why It Matters: ED intensifies probe into SP Oswal digital arrest scam, recovers funds, and makes key arrest.