Forbes Times Only
  • Home
  • Business
  • Education
  • News
  • Entertainment
    • Fashion
  • Home Improvement
    • Real Estate
SUBSCRIBE
No Result
View All Result
  • Home
  • Business
  • Education
  • News
  • Entertainment
    • Fashion
  • Home Improvement
    • Real Estate
No Result
View All Result
Forbes Times Only
No Result
View All Result
Home News

Fraud of Rs 1100 crore by luring people with huge benefits, ED arrested four

by admin
March 7, 2022
Reading Time: 2 mins read
0
Fraud of Rs 1100 crore by luring people with huge benefits, ED arrested four
Share on FacebookShare on Twitter

[ad_1]

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.

RELATED STORIES

rajkotupdates.news : rrr filed pil in telangana high court before release

rajkotupdates.news : rrr filed pil in telangana high court before release

May 4, 2023
Rajkotupdates.news:gujarat-ats-seizes-drugs-worth-over-rs-350-crore-from-mundra-port

Rajkotupdates.news:gujarat-ats-seizes-drugs-worth-over-rs-350-crore-from-mundra-port

April 8, 2023

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.

Read also:

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

,

[ad_2]

Source link

Tags: ChennaiEDfraudnews

About Us

Forbes Times Only provides true information about trending topics which are current trendy to know.

Recent Stories

  • Understanding the Role of a Maths Tutor in NY
  • Sensitive Skin Solutions: Tips and Products

Categories

  • Automobiles
  • Beauty
  • Beauty
  • Business
  • Casino
  • CBD
  • Celebrity
  • Clothing
  • Culture
  • Digital Marketing
  • Education
  • Entertainment
  • Fashion
  • Fashion
  • Featured
  • Food
  • Gaming
  • General
  • Health
  • Home Improvement
  • Insurance
  • Living
  • News
  • Parenting
  • Pet
  • Press Release
  • Real Estate
  • Shopping
  • Tech
  • Travel
  • Travel
  • Uncategorized

Follow Us

Facebook Twitter Instagram
  • About Us
  • Contact Us
  • Privacy Policy
  • Disclaimer

© 2023 All Content Developed By Forbes Times Only Team

No Result
View All Result
  • Home
  • Business
  • Education
  • News
  • Entertainment
    • Fashion
  • Home Improvement
    • Real Estate
error: Content is protected !!
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?