A Rs 11,793-crore human hair smuggling racket has been uncovered with a complex money trail and alleged money laundering through a Hyderabad-Mizoram-Myanmar corridor. The ED had initiated action against Hyderabad-based Nayla Family Exports Private Ltd in 2021 for using benami import-export codes, impersonation, and forgery in connection with the racket.As China battles baldness, ED unearths Rs 11,793 crore hair racket
March 04, 2024
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A Rs 11,793-crore human hair smuggling racket has been uncovered with a complex money trail and alleged money laundering through a Hyderabad-Mizoram-Myanmar corridor. The ED had initiated action against Hyderabad-based Nayla Family Exports Private Ltd in 2021 for using benami import-export codes, impersonation, and forgery in connection with the racket.
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