ED Cracks Down on Rs 17.91 Crore in Ponzi Scam

Ponzi scam crackdown: ED attaches assets worth ₹17.91 crore in Meghalaya

The attachment under the PMLA, 2002, includes 13 immovable and seven movable properties, among them several luxury cars are allegedly acquired using proceeds of crime

ED Cracks Down on Rs 17.91 Crore in Ponzi Scam

Read more about ED Cracks Down on Rs 17.91 Crore in Ponzi Scam on Devdiscourse.

After Assam, ED acts against fake investment website in Meghalaya

Shillong, Dec 13: After the Directorate of Enforcement (ED), Guwahati Zonal Office attached  assets worth Rs 29.25 crore belonging to fraud investment website www.pearlvine.com for duping customers, the focus shifted to Meghalaya where the Directorate of Enforcement (ED), Shillong Zonal Office on December 10 provisionally attached assets worth Rs.17.91 crore under the provisions of Prevention of Money Laundering Act (PMLA), 2002 against the same…

Ponzi scam crackdown: ED attaches assets worth Rs 17.91 crore in Meghalaya

Shillong, Dec 12 (PTI) The Enforcement Directorate (ED) has provisionally attached assets worth Rs 17.91 crore in connection with a pan-India Ponzi scam run through the fraudulent investment website, officials said Friday.The attachment was carried out on December 10 by the ED's Shillong Sub-Zonal Office under the Prevention of Money Laundering Act (PMLA), 2002, which includes 13 immovable and seven movable properties, among them several luxury …