INTERPOL India Update – India issues another INTERPOL Silver Notice

Tracking INTERPOL’s broader collaboration, we have previously detailed how INTERPOL has worked with Indian enforcement to enhance international cooperation, with African law enforcement to disrupt criminal activity through the use of the INTERPOL Silver Notice, and with Chinese authorities on cross-border enforcement efforts.

In those articles, we explored how these developments have provided an opportunity for INTERPOL to showcase its new Silver Notice, which we have examined extensively in previous blogs.

It is now becoming increasingly apparent that more countries are turning to INTERPOL to request assistance through the Silver Notice framework, including in cases involving allegations relating to cryptoassets.  In May 2025, we noted that India had issued a Silver Notice in a crypto fraud case, and in June 2025 we reported that India had charged 8 people in the first Silver Notice case.

In December 2025, we explored how India had issued a further INTERPOL Silver Notice while coordinating with the FBI and Europol to locate the assets of a Russian national accused of running an unauthorised forex trading platform.

India requests INTERPOL Silver Notice in bank fraud case

It has recently been reported that India’s Enforcement Directorate has confirmed that INTERPOL has issued a Silver Notice against the promoter of a Delhi-based rice company in connection with a bank loan fraud case.

The individual is reportedly a fugitive economic offender, and the purpose of the Silver Notice is to send a request to trace and potentially freeze his assets worldwide.

The case stems from allegations of fraud, criminal misappropriation, criminal breach of trust and cheating, said to have caused a wrongful loss of Rs 123.85 crore worth of assets.

The Enforcement Directorate has said that:

“Investigation in respect of tracing other assets, including foreign assets of Karan A. Chanana and his family members, is in progress.”

What is the INTERPOL Silver Notice?

We have been closely monitoring the introduction and growing use of the INTERPOL Silver Notice.

In August 2024, we published an article explaining what an INTERPOL Silver Notice is:

What is INTERPOL’s Silver Notice?

In January 2025, we reported that INTERPOL had published its first-ever Silver Notice:

INTERPOL publishes its first-ever Silver Notice to trace criminal assets

In April 2025, we analysed how the UK had published its first Silver Notice:

UK publishes its first INTERPOL Silver Notice

Can INTERPOL be used for allegations involving crypto?

We have also been tracking INTERPOL’s efforts and initiatives aimed at dealing with allegations involving crypto:

Crypto and INTERPOL – INTERPOL intercepts cryptocurrency as part of wider global operation

In addition, we have monitored the use of INTERPOL’s Red Notices to track (and potentially extradite) those accused of allegations involving crypto:

INTERPOL and crypto (Part 5) – reports of another request for Red Notice for crypto allegations

What does this mean?

With regards to investigations against individuals, the potential for enhanced information sharing (particularly to or from India), and potentially easier access to evidence, from a broader scope, may ultimately result in charges against those who are based in the UK, extradition requests being issued against those based abroad, or INTERPOL Red Notices more readily leading to extradition proceedings.

Therefore, if you have conducted business and are worried about liability, if you have unresolved financial matters, including even an outstanding civil dispute, and you suspect that you may be subject to INTERPOL measures, including a Red Notice, expert legal advice should be sought immediately.

How Gherson can help

Those who suspect that they may be subject to INTERPOL measures, including a Red (or Blue) Notice and diffusion, should take heed.

Gherson Solicitors continue to receive requests for expert advice and assistance from those who believe they may have outstanding financial issues. That advice tackles:

1. How best to approach a possible INTERPOL notice;
2. Preparing for potential criminal proceedings / an extradition request;
3. Preparing for a situation where a civil matter or commercial dispute could be used to initiate bogus criminal proceedings; and
4. Even exploring the possibility of instigating civil litigation proceedings to recover any misappropriated assets.

Gherson have previously written a series of blogs designed to assist those who suspect they may be subject to INTERPOL measures (including a Blue and a Red Notice):

• INTERPOL and Red Notice Challenges
• How to Remove an INTERPOL Red Notice
• INTERPOL Red Notices and Extradition
• How do I know if I am subject to an INTERPOL Red Notice?
• What is INTERPOL’s Silver Notice?
• INTERPOL UPDATE – India charges 8 people in first Interpol Silver Notice Case
• What is an INTERPOL Yellow Notice?
• What is an INTERPOL-United Nations Security Council Special Notice?
• What is an INTERPOL Purple Notice?
• What is an INTERPOL Green Notice and can it be challenged?
• What is an INTERPOL Orange Notice and can it be challenged?
• What is the purpose of an INTERPOL Blue Notice, and can it be challenged?
• What is an INTERPOL Blue Notice?

Gherson has over 38 years of experience in assisting with all aspects of INTERPOL, Red Notice challenges and extradition. If you would like to speak to us in respect of any of the issues raised in this blog or about your specific circumstances,  do not hesitate to contact us for advice, send us an e-mail, or alternatively, follow us on X, Facebook, or LinkedIn to stay-up-to-date.

The information in this blog is for general information purposes only and does not purport to be comprehensive or to provide legal advice.  Whilst every effort is made to ensure the information and law is current as of the date of publication it should be stressed that, due to the passage of time, this does not necessarily reflect the present legal position.  Gherson accepts no responsibility for loss which may arise from accessing or reliance on information contained in this blog.  For formal advice on the current law please do not hesitate to contact Gherson.  Legal advice is only provided pursuant to a written agreement, identified as such, and signed by the client and by or on behalf of Gherson.

©Gherson 2026