Enforcement Directorate prioritizes crypto fraud and terror financing

NEW DELHI, May 1, 2026:- The Enforcement Directorate has identified cryptocurrency frauds, terror financing, cyber-enabled crimes, and narcotics trafficking as its primary focus areas.

Speaking at the 70th ED Day event, Director Rahul Navin highlighted that while traditional bank and real estate frauds have declined due to the impact of the Insolvency and Bankruptcy Code and RERA, the agency is pivoting to address emerging digital and security threats.

The director noted that the agency achieved a 94 percent conviction rate recently, reflecting a significant increase in operational efficiency.During the 2025-26 fiscal year, the agency filed 812 chargesheets and 155 supplementary chargesheets, nearly doubling its output compared to previous periods.

Efforts to support victims of financial fraud have also intensified, with the agency restituting assets worth 63,142 crore to homebuyers, investors, and banks.

With approximately 2,400 money laundering cases currently pending trial, the agency expressed optimism regarding future convictions while continuing to enforce the Prevention of Money Laundering Act and other federal financial laws.