Enforcement Directorate (ED) has seized unexplained cash amounting to Rs 1.02 crores, sale deeds and documents of 88 immovable properties, digital and electronic evidence of hundreds of properties related to a case in relation to a Ponzi scheme or MLM case floated by Kalpataru… https://t.co/uf5QW0gKH9
Enforcement Directorate (ED) has seized unexplained cash amounting to Rs 1.02 crore, sale deeds and documents of 88 immovable properties, digital and electronic evidence of hundreds of properties related to a case in relation to a Ponzi scheme or MLM case floated by Kalpataru… https://t.co/QJsva3sBrC
ED, Lucknow has conducted search operations on 18/12/2024 at 16 premises in Agra, Mathura and Noida, Uttar Pradesh of Mithilesh Singh wife of main accused late Jai Kishan Rana, his close associates, Chartered Accountants, brokers and agents namely Suman Prabha Sharma, Devender… https://t.co/s7fP92WhT4
The Enforcement Directorate (ED) has intensified its operations across India, conducting searches at multiple locations linked to various financial investigations. On December 18, 2024, the ED executed search operations at 16 premises in Agra, Mathura, and Noida, targeting associates of the late Jai Kishan Rana, including his wife, Mithilesh Singh, along with Chartered Accountants and brokers. In a separate operation, the ED seized unexplained cash amounting to Rs 1.02 crore and documents related to 88 immovable properties, as part of an investigation into a Ponzi scheme associated with Kalpataru. Additionally, the Kolkata Zonal Office conducted searches at 13 locations connected to Concast Steel and Power Group, seizing gold and jewelry valued at ₹4.5 crore, along with eight vehicles. In Madhya Pradesh, the ED continued its investigations into a Rs 56 crore loan from 2021, focusing on industrialist Rajesh Sahara. Concurrently, the Lokayukta in Bhopal raided the residence and office of former RTO constable Saurabh Sharma, uncovering significant amounts of gold and silver jewelry, with operations still ongoing.