new Delhi: The Enforcement Directorate has arrested four directors of Disk Asset Group, accused of cheating the general public to the tune of Rs 1100 crore by showing the lure of huge profits. This scam became famous in Tamil Nadu under the name of Collective Investment Scheme. The Enforcement Directorate also claims that more than 1000 properties of the accused have been confiscated in this case.
A top Enforcement Directorate official said that those who have been arrested include N Umashankar, N Arun Kumar, V Janardhan and Sarvan Kumar. These people are accused that these people have shown to the general public that if they deposit money in their company, they will be given huge interest. Due to greed, the general public deposited their money in their companies.
Accused of buying immovable properties on a large scale with money
These people sent the money deposited by the public to their other unknown companies. It is also alleged that immovable properties were also purchased on a large scale with this money. The Madras High Court had ordered arrest against these people, but against this order, these people had gone to the Supreme Court where the petition of these people was rejected. After this the Enforcement Directorate arrested all these four.
ED claims that 1081 properties worth Rs 207 crore of these people have also been attached. After the Supreme Court rejected their bail plea, these people were arrested and presented before the special judge from where all the four have been sent to jail in judicial custody. The inspection of the matter is going on.
Court sent former NSE CEO Chitra Ramakrishna to 7-day CBI custody
Rahul Gandhi attacks Modi government on many issues including Ukraine crisis, says no plan
Leave a Reply