The Enforcement Directorate (ED) has attached immovable and movable properties worth Rs 2.85 crore in a cyber fraud case related to the defrauding of foreign nationals.
ED’s Chandigarh zonal office attached the properties on September 30 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in the case related to defrauding of foreign nationals by Vikramjeet Singh and others to the tune of Rs 11.50 crore.
The federal agency attached two immovable properties worth Rs 1.26 crore, purchased from the proceeds of crime, in the names of Sarita Devi and Jasbir Singh, parents of the main accused, Vikramjeet Singh, along with fixed deposits and bank balances totalling Rs 1.58 crore.
ED initiated an investigation based on a First Information Report (FIR) registered by the H