{"id":362209,"date":"2026-05-05T17:43:41","date_gmt":"2026-05-05T12:13:41","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=362209"},"modified":"2026-05-05T17:43:41","modified_gmt":"2026-05-05T12:13:41","slug":"fugitive-economic-offenders","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/fugitive-economic-offenders\/","title":{"rendered":"Fugitive Economic Offenders"},"content":{"rendered":"<p><strong>News<\/strong>: The Enforcement Directorate reported declaring 21 individuals as fugitive economic offenders and initiating proceedings against 54 persons under the law.<\/p>\n<h2>About Fugitive Economic Offenders<\/h2>\n<figure id=\"attachment_362218\" aria-describedby=\"caption-attachment-362218\" style=\"width: 405px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\" wp-image-362218\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/05\/Source-IE-1.jpg?resize=405%2C205&#038;ssl=1\" alt=\"Fugitive Economic Offenders\" width=\"405\" height=\"205\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/05\/Source-IE-1.jpg?resize=300%2C152&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/05\/Source-IE-1.jpg?resize=1024%2C518&amp;ssl=1 1024w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/05\/Source-IE-1.jpg?resize=768%2C389&amp;ssl=1 768w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/05\/Source-IE-1.jpg?w=1277&amp;ssl=1 1277w\" sizes=\"auto, (max-width: 405px) 100vw, 405px\" \/><figcaption id=\"caption-attachment-362218\" class=\"wp-caption-text\">Source &#8211; IE<\/figcaption><\/figure>\n<ul>\n<li>A fugitive economic offender is <strong>a person against whom a warrant for a scheduled offence of \u20b9100 crore or more<\/strong> is issued and <strong>who avoids returning to India.<\/strong><\/li>\n<li data-start=\"205\" data-end=\"333\"><strong>Legality<\/strong>: The <strong>Fugitive Economic Offenders Act, 2018<\/strong> provides the <strong>legal framework to declare fugitive economic offenders.<\/strong><\/li>\n<li data-start=\"335\" data-end=\"494\"><strong>Special Court:<\/strong>A Special Court designated under the <strong>Prevention of Money-Laundering Act, 2002<\/strong> examines such cases and <strong>declares individuals as offenders.<\/strong><\/li>\n<li><strong>Key Aspects:<\/strong>\n<ul>\n<li><strong>Threshold<\/strong>: An offender must face a warrant for <strong>offences involving \u20b9100 crore or more<\/strong> and must have <strong>fled India or refused to return.<\/strong><\/li>\n<li><strong>Application Process<\/strong>: A director or deputy director files an application with reasons, property details, whereabouts, and list of interested persons before a special court.<\/li>\n<li><strong>Court Proceedings:<\/strong> The <strong>court issues notice for appearance, and failure to appear leads to declaration as a fugitive economic offender<\/strong> after due hearing.<\/li>\n<li><strong>Property Confiscation:<\/strong> Authorities can <strong>attach and confiscate proceeds of crime, benami properties, and other assets in India or abroad<\/strong>, including <strong>provisional attachment for 180 days.<\/strong><\/li>\n<li><strong>Legal Consequences:<\/strong> Declared offenders and related entities may be barred from filing or defending civil claims, and appeals lie before the High Court.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: The Enforcement Directorate reported declaring 21 individuals as fugitive economic offenders and initiating proceedings against 54 persons under the law. About Fugitive Economic Offenders A fugitive economic offender is a person against whom a warrant for a scheduled offence of \u20b9100 crore or more is issued and who avoids returning to India. Legality: The&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/fugitive-economic-offenders\/\">Continue reading <span class=\"screen-reader-text\">Fugitive Economic Offenders<\/span><\/a><\/p>\n","protected":false},"author":10401,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,1760,12039],"tags":[11872],"class_list":["post-362209","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-polity-and-nation","category-knolls","tag-9pm-daily-factly","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/362209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10401"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=362209"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/362209\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=362209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=362209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=362209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}