Ponzi scam: ED attaches Rs 300-crore assets of Telangana group
The Enforcement Directorate on Friday said it has attached assets worth about Rs 300 crore in connection with its money laundering probe in an alleged ponzi scam involving the Heera Group of Telangana. The properties belong to Nowhera Shaik of Heera Group of Companies and others, and are spread across multiple states. The agency has issued a provisional order under the Prevention of Money Laundering Act (PMLA) for attachment of the assets valued at Rs 299.99 crore, it said. "The attached assets comprise... Читать дальше...