Ponzi scheme case: ED attaches assets worth Rs 2.80 cr in Bhilwara
The Directorate of Enforcement (ED) has attached houses, agricultural lands and jewellery totaling to Rs 2.80 crore belonging to Abhinav Gold International Marketing Pvt. Ltd. based in Bhilwara, Rajasthan and its directors under Prevention of Money Laundering Act (PMLA) in a Ponzi scheme case. ED in a statement said that the agency initiated an investigation under PMLA on the basis of FIR registered by Bhilwara Police against Anil Birla, Murlidhar Birla, directors of Abhinav Gold International Marketing Pvt. Ltd and others under relevant sections of IPC and Prize Chit and Money Circulation ...
Source: business-standard.com