India, Oct. 23 -- The Enforcement Directorate (ED) has submitted its chargesheet in a Mumbai special court against several accused persons and entities as part of its money-laundering probe against online forex trading platform OctaFX, accused of defrauding investors through unauthorised trading by an Indian subsidiary. The OctaFx-linked entities allegedly earned a profit of more than Rs.1,000 crore from the country, ED's investigation revealed.

The agency started its investigation based on a case registered by the Shivaji Nagar police station, Pune, against several persons for their alleged involvement in entrapping and then duping investors on the pretext of earning high returns via forex trading through the OctaFx trading app and webs...