Ponzi scam: ED attaches Rs 8.4 crore assets of Ajmera Group
Ponzi scam: ED attaches Rs 8.4 crore assets of Ajmera Group Such a high rate of interest was not possible in any prudent way and the accused Ajmera Groups failed to return the amount of Rs 29.17 crore to the depositors. Share Via Email | A+A A- By Express News Service BENGALURU: The Directorate of Enforcement (ED) has issued a Provisional Attachment Order (PAO) under the Prevention of Money Laundering Act (PMLA), 2002 to attach assets worth Rs 8.41 crore in the Ajmera Ponzi scheme scam. "The attached assets are in the form of two immovable properties, which include an agricultural...
Source: newindianexpress.com