Axis MF Fund Manager Charged of 106 Crore Scams
The Enforcement Directorate (ED) has actually implicated Viresh Joshi, a previous fund manager at Axis Mutual Fund (MF), of coordinating a 106 74 crore scams throughout the pandemic.
- Joshi presumably exploited remote job problems to conduct front-running trades in between September 2021 and March 2022
- He is charged of utilizing confidential information to profit himself and associates via shell firms.
- The ED released its probe based on a December 2024 FIR, arresting Joshi in August 2025
- A special court has actually prolonged Joshi’s judicial protection and recognized an appearing instance for money laundering, providing summons to all 6 implicated.
