SP Politician Arrested by ED in Money Laundering Case Linked to Ponzi Scheme in Uttar Pradesh vervetimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vervetimes.com Daily Mail and Mail on Sunday newspapers.
The Enforcement Directorate has arrested Dinesh Kumar Singh, a state secretary of the Samajwadi Party in UP after it raided his premises in Noida related to a money laundering investigation associated with the Bike Bot Ponzi scam. The scam is in relation to Garvit Innovative Promoters and its promoter, Sanjay Bhati, who were alleged to have launched an investment scheme where investors could purchase bikes and receive rental payments. The funds were then allegedly used in a manner like a Ponzi scheme.
The Enforcement Directorate on Monday said it has arrested an Uttar Pradesh-based state secretary of the Samajwadi Party after it raided his premises in Noida as part of a money laundering investigation linked to the 'Bike Bot' alleged Ponzi scam.
The Enforcement Directorate (ED) recently conducted search operations on the premises of Samajwadi party's Uttar Pradesh Secretary Dinesh Kumar Singh in a money laundering case linked with Bike Bot Scam, an official said here on Monday.During .
Uttar Pradesh: ED arrests Samajwadi Party leader in Ponzi linked money laundering case firstpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstpost.com Daily Mail and Mail on Sunday newspapers.