4Photo© news18.comED attaches Rs 300-crore assets of Telangana group in Ponzi scam
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The Enforcement Directorate on Saturday said it has attached assets worth Rs 261 crore in connection with its money laundering probe against a Haryana-based multi-level marketing group that allegedly perpetrated ponzi schemes and cheated investors.
It said a provisional order, under the Prevention of Money Laundering Act (PMLA), for attachment of residential plots, agricultural lands and residential units belonging to Hisar-based Future Maker Life Care Private Limited and its two Directors Radheshyam and Bansilal, their family members and associates has been issued.
The 16 immovable properties that have been attached are located in Hisar, Adampur, Kulam, Delhi and Chandigarh apart from bank balances worth Rs 252 crore kept in 34 accounts.