New Delhi: The Enforcement Directorate will focus on cryptocurrency fraud, terror financing, cyber-enabled crimes, and narcotics trafficking, according to agency Director Rahul Navin on Friday.
Speaking during the 70th 'ED Day' event held here, he noted that bank and real estate frauds have declined due to the implementation of the Insolvency and Bankruptcy Code Act and the Real Estate (Regulation and Development Act (RERA).
During 2025-26, the ED filed 812 chargesheets and 155 supplementary chargesheets which is nearly twice the last comparable fiscal, he said, PTI reported.
He added that the conviction rate of the agency was 94 per cent.
The director said 2,400 money laundering cases were pending trial in courts and expressed optimism that "most" of these will result in a conviction.
Navin said the agency has restituted assets worth Rs 63,142 crore to victims of financial fraud, including homebuyers, investors and banks.
The federal probe agency was established on May 1, 1956.
It implements two criminal laws--The Prevention of Money Laundering Act (PMLA) and the Fugitive Economic Offenders Act (FEOA)-- apart from the civil provisions of the Foreign Exchange Management Act (FEMA).