New Delhi: The Enforcement Directorate (ED) has connected belongings price Rs 2.80 crore in reference to its cash laundering probe linked to an alleged ponzi or chit fund scheme in Rajasthan.
The central probe company mentioned the provisionally connected immovable properties are within the kind 29 homes and agricultural lands situated in Bhilwara district of Rajasthan and gold and jewelry held within the identify of the accused firm — Abhinav Gold Worldwide Advertising Pvt Ltd — and its administrators.
The worth of the connected properties is Rs 2.80 crore, it mentioned in an announcement issued in New Delhi.
The ED case below the Prevention of Cash Laundering Act was registered after the company studied a minimum of 15 FIRs discipline towards the administrators of the agency, Anil Birla and Murlidhar Birla, by the Rajasthan Police and Gujarat Police crime department.
They have been charged by the police with dishonest below numerous sections of the IPC and likewise the Cash Circulation Scheme (Banning) Act of 1978.
Probe discovered, the ED mentioned, “Anil Birla amd Murlidhar Birla and others collected crores of rupees from the general public between March, 2010-March, 2012.”
“They’ve paid negligible quantity by cheques to the traders,” the ED alleged.
The “illegally collected” quantity, it mentioned, was deposited in numerous financial institution accounts of Abhinav Gold Worldwide Advertising Pvt Ltd and its administrators.
These quantities have been additional invested in immovable and movable properties which have now been connected, it mentioned.
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