Axis MF Fund Manager Accused of 106 Crore Fraud
The Enforcement Directorate (ED) has actually charged Viresh Joshi, a former fund manager at Axis Mutual Fund (MF), of managing a 106 74 crore scams throughout the pandemic.
- Joshi presumably manipulated remote job conditions to conduct front-running trades between September 2021 and March 2022
- He is charged of making use of secret information to profit himself and connects through shell firms.
- The ED introduced its probe based upon a December 2024 FIR, arresting Joshi in August 2025
- A special court has actually expanded Joshi’s judicial safekeeping and acknowledged an appearing case for money laundering, issuing summons to all 6 implicated.