Two Held in ₹1,417-Cr. Investment Fraud Case

Two held in ₹1,417-cr. investment fraud case

Unique Exports and associated entities mobilised funds from 35,759 investors on promise of high returns from agricultural exports, says ED

ED arrests two accused in Rs 1,417cr investment fraud case

CHENNAI: The Enforcement Directorate (ED) has arrested two men in connection with an alleged ₹1,417.86 crore investment fraud linked to Unique Exports and

ED arrests two in Rs 1,417 crore investment fraud involving export firm

Digital Desk | Chennai, Oct 1 (IANS) The Enforcement Directorate (ED) has arrested S. Naveen Kumar and S. Muthuselvam in an alleged investment fraud involving Unique Exports and associated entities, which the agency says collected around Rs 1,417.86 crore from 35,759 investors, central agency officials said on Thursday. They were arrested on September 29 under Section 19 of the Prevention of Money Laundering Act. A special PMLA court remanded…