Viresh Joshi, former chief trader and fund manager at Axis Mutual Fund, was arrested by the ED Enforcement Directorate on August 2, 2025, under the PMLA Prevention of Money Laundering Act for alleged money laundering linked to front-running trades. ED launched multi-city raids on August 1 and 2 across Delhi, Mumbai, Gurugram, Ludhiana, and notably Ahmedabad, Bhavnagar, […]
