{"id":16950,"date":"2025-04-28T05:28:11","date_gmt":"2025-04-28T05:28:11","guid":{"rendered":"https:\/\/fusionmindlabs.com\/blogs\/finmin-brings-i4c-under-pmla\/"},"modified":"2025-04-28T05:28:11","modified_gmt":"2025-04-28T05:28:11","slug":"finmin-brings-i4c-under-pmla","status":"publish","type":"post","link":"https:\/\/fusionmindlabs.com\/blogs\/finmin-brings-i4c-under-pmla\/","title":{"rendered":"FinMin brings I4C under PMLA"},"content":{"rendered":"\n<\/p>\n
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The Indian government has given the Indian Cyber Crime Coordination Centre (I4C<\/a>) the authority to exchange information with the Enforcement Directorate<\/a> under the anti-money laundering law. This move aims to identify and track down money trails, as well as combat cyber frauds<\/a>. I4C, established under the home ministry, serves as the central point for preventing cybercrime in the country. Its primary goal is to enhance collaboration between law enforcement agencies and stakeholders, thereby strengthening India’s ability to tackle cybercrime.<\/p>\n

In a notification issued on April 25, the Revenue Department under the Finance Ministry added I4C to Section 66 of the Prevention of Money Laundering Act<\/a> (PMLA), allowing it to share and receive information from the Enforcement Directorate (ED) and other law enforcement agencies.<\/p>\n

As instances of cyber frauds targeting the general public continue to rise, this information sharing<\/a> will aid in identifying the masterminds behind such trans-national frauds.<\/p>\n

These online frauds are often perpetrated through fake websites<\/a>, deceptive social media pages, and paid advertisements on search engines. Fraudsters also use tactics like sending OTP or a weblink to an individual’s phone or email, which can lead to the hacking of their phone or computer when clicked on or shared.<\/p>\n

The government has urged the public to report such fraudulent websites on the National Cybercrime Reporting<\/a> Portal at cybercrime.gov.in or call 1930 in case of any fraud.<\/p>\n

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