EXECUTIVE SUMMARY

Analysis of four bank accounts reveals a complex web of transactions involving circular money flow, high-value cash movements, and suspicious patterns indicative of potential money laundering and layering activities.

ACCOUNT HOLDERS ANALYZED

1. GREESHMA KISHORBHAI KADIWAR - Good Bank (Account ending 1836)
2. HINABEN DIPAKBHAI KHANDEKHA - Dhan Bank (Account ending 1836)
3. NITABEN NILESHBHAI YANK - Bank Account (Account ending 1836)
4. PRADIPBHAI KHODABHAI DAVERA - D M Bank (Account ending 1836/1563/1606/1000/1002)

MONEY TRAIL ANALYSIS

Primary Money Sources

1. ASHISH CREDIT CO-OPERATIVE SOCIETY LIMITED

1. Deposited ₹99,00,000 to Greeshma's account (26/09/2019)
2. Deposited ₹1,90,00,000 to Hinaben's account (27/09/2019)
3. Deposited ₹50,00,000 to Pradipbhai's account (02/11/2019)
4. Deposited ₹1,00,00,000 to Pradipbhai's account (18/12/2019)
5. Total from Ashish Credit: ₹4,40,00,000

2. SAMAY TRADING

1. Multiple deposits to Pradipbhai's account
2. Received ₹67,00,000 from Greeshma (17/10/2019)
3. Received from Nitaben's account
4. Appears to be a conduit entity

3. Stock Trading Platforms

1. Tradebull Securities - multiple large transactions
2. Angel Broking - significant deposits and withdrawals

Inter-Account Transfer Pattern

ASHISH CREDIT → GREESHMA (₹99L) → SAMAY TRADING (₹67L)

↓

CASH WITHDRAWALS (₹2.4L+)

ASHISH CREDIT → HINABEN (₹190L) → PRADIPBHAI DAVERA

↓                   ↓

ASHISH CREDIT (₹91L)   MULTIPLE INDIVIDUALS

↓

CASH WITHDRAWALS

SAMAY TRADING → NITABEN → PRADIPBHAI → TRADEBULL/STOCK MARKET

↓

INDIVIDUAL WITHDRAWALS

ASHISH CREDIT → PRADIPBHAI → STOCK BROKERS

↓           ↓

INDIVIDUALS   NEFT RETURNS

Final Parking Destinations

1. Stock Market Investments: ₹50-70 lakhs (Tradebull, Angel Broking)
2. Cash Withdrawals at Rajkot Branch: ₹150+ lakhs across all accounts
3. Individual Beneficiaries: ₹80-100 lakhs (various small withdrawals)
4. Returned to Ashish Credit: ₹91,00,000 (circular flow)
5. Real Estate/Housing Society: ₹5-6 lakhs (FLORIS CO OP, SAFAL GOYAL REALTY)
6. Unaccounted Cash: Significant portion

LINK FOR CHARTS:

https://claude.ai/public/artifacts/0ef5c15a-d560-4480-acd3-7dcabd6dde35

Dashboard Features:

📊 5 Interactive Tabs:

1. 💸 Money Flow - Network diagram showing how funds moved between entities, highlighting the circular flow from Ashish Credit
2. 📊 Transaction Volume - Bar charts comparing credits vs debits across all four accounts (₹2,856 Lakhs total)
3. 🎯 Fund Sources & Destinations - Pie charts showing:
4. Where money came from (Ashish Credit ₹440L dominates)
5. Where it went (Cash withdrawals ₹150L, Unaccounted ₹83L)
6. 📅 Timeline Analysis - Line chart showing the escalation pattern from April 2019 to March 2020 (250% increase in activity)
7. ⚠️ Risk Assessment - Horizontal bar chart ranking entities by risk score:
8. Ashish Credit: 95/100 (EXTREME)
9. Pradipbhai: 92/100 (EXTREME)
10. Samay Trading: 90/100 (EXTREME)

RED FLAGS IDENTIFIED

🚩 CRITICAL RED FLAGS

1. CIRCULAR MONEY FLOW

1. Money from Ashish Credit → Hinaben → Ashish Credit (₹91L return)
2. Suggests layering and legitimization attempts

2. STRUCTURING/SMURFING PATTERN

1. Pradipbhai's account shows 192 debit transactions in one year
2. Multiple small withdrawals to different individuals
3. Amounts structured to avoid reporting thresholds

3. CASH INTENSIVE TRANSACTIONS

1. Excessive cash withdrawals at Rajkot Branch across all accounts
2. Total cash withdrawals exceed ₹150 lakhs
3. No clear business justification

4. MULTIPLE NEFT FAILURES

1. Numerous "NEFT FAILED AMOUNT" entries in Pradipbhai's account
2. Suggests attempts to transfer to non-existent or flagged accounts
3. Indicates possible test transactions

5. SAME BRANCH OPERATIONS

1. Most accounts show Branch ID 1836
2. All major cash transactions at same location (Rajkot)
3. Coordinated activity pattern

6. RAPID FUND MOVEMENT

1. Large deposits followed by immediate transfers/withdrawals
2. Funds don't remain in accounts (velocity)
3. Classic layering technique

🚩 SUSPICIOUS ENTITIES

ASHISH CREDIT CO-OPERATIVE SOCIETY LIMITED

1. Source of ₹4.4 crores
2. Receives back ₹91 lakhs
3. Cooperative societies often misused for money laundering
4. REQUIRES IMMEDIATE INVESTIGATION

SAMAY TRADING

1. Acts as intermediary
2. No clear business model visible
3. Receives and disburses large amounts
4. LIKELY SHELL ENTITY

🚩 TRANSACTION PATTERNS

7. TRADING ACCOUNT ANOMALIES

1. Disproportionate stock market investments
2. RTGS transactions with Tradebull Securities worth crores
3. Not consistent with account holder profiles (MAB requirement only ₹100,000-25,000)

8. COOPERATIVE HOUSING SOCIETY PAYMENTS

1. Multiple payments to "FLORIS CO OP HOU SER SOC"
2. Could indicate property purchases for asset conversion
3. INVESTIGATE PROPERTY ACQUISITIONS

9. BENAMI TRANSACTIONS SUSPECTED

1. Four individuals with similar transaction patterns
2. Likely operating under common control
3. Possible name-lending arrangement

10. TDS COLLECTION ENTRIES

1. Multiple "TDS collection for above 1 CR" entries
2. Indicates large transactions triggering tax deduction
3. Amounts don't match with declared income sources

SPECIFIC INVESTIGATION POINTS

IMMEDIATE ACTION REQUIRED

1. Verify Identity & Relationship
2. Relationship between all four account holders
3. Common addresses, phone numbers, email IDs
4. Beneficial ownership structure
5. Source of Funds - Ashish Credit
6. Loan documentation
7. Purpose of ₹4.4 crore disbursement
8. Cooperative society's financials and member verification
9. Previous transaction history with these individuals
10. Samay Trading Investigation
11. Business registration details
12. GST returns and income tax filings
13. Actual business operations
14. Directors/owners relationship with account holders
15. Stock Trading Verification
16. Demat account statements from Tradebull/Angel Broking
17. Actual shares purchased/sold
18. Trading pattern analysis
19. Source of funds declaration to brokers
20. Cash Withdrawal Analysis
21. Purpose of ₹150+ lakh cash withdrawals
22. End use verification
23. Cash deposit patterns in other accounts
24. Rajkot branch CCTV footage (if available)
25. Real Estate Transactions
26. Property registration records
27. FLORIS CO OP HOU SER SOC membership
28. Market value vs. transaction amount
29. Actual occupancy/ownership
30. Individual Beneficiaries
31. Identity of 100+ individuals receiving funds from Pradipbhai
32. Purpose of payments
33. Relationship with account holder
34. Their bank account analysis

REGULATORY COMPLIANCE ISSUES

1. KYC/AML Violations
2. Banks failed to flag suspicious activity
3. No apparent CTR (Cash Transaction Report) filing
4. Multiple high-value transactions not reported
5. PAN/Aadhaar Verification
6. Cross-verify all account holders' identity documents
7. Check for multiple accounts with same documents
8. Form 15CA/15CB Compliance
9. If any international remittances involved

FINANCIAL SUMMARY

Total Money Handled: ₹28,56,60,170 (approx ₹28.5 crores)

CONCLUSION

This appears to be a sophisticated money laundering operation involving:

1. Placement: Funds introduced through Ashish Credit Co-operative Society
2. Layering: Multiple inter-account transfers, trading activities, cash withdrawals
3. Integration: Stock investments, property purchases, distribution to individuals

RISK ASSESSMENT: CRITICAL

RECOMMENDED ACTIONS:

1. File STR (Suspicious Transaction Report) with FIU-IND immediately
2. Freeze accounts pending investigation
3. Issue notices under PMLA
4. Coordinate with Income Tax Department
5. Investigate Ashish Credit Co-operative Society under Banking Regulation Act
6. Cross-reference with CIBIL and other financial databases
7. Examine for links to criminal activities or terror financing

This matter requires escalation to law enforcement agencies.