Updated:
Share Article
AAA The Enforcement Directorate (ED) has attached assets worth ₹4,109 crore in connection with a Ponzi scam involving ₹6,380 crore collected from over 32 lakh investors in six States. The agency had arrested three promoters of the Agri Gold Group of companies in the case earlier this week.
The attached properties include 2,809 land parcels, Haailand Amusement Park of Arka Leisure and Entertainments Private Limited spread over 48 acres in Andhra Pradesh, shares of various companies, plants and machinery.
They are located at Anantpur, Kurnool, Krishna, Chitoor, Guntur, Kadapa, Vizianagaram, East/West Godavari, Visakhapatnam, Nellore, Prakasam, Srikakulam and Kadapa in Andhra Pradesh; Bengaluru, Kolar, Yadgir and Mandya in Karnataka; Khurda in Odisha; Krishnagiri in Tamil Nadu; and Mahaboob Nagar, Narayanpet, Khammam, Mahboob Nagar, Hyderabad, Ranga Reddy, Vikarabad , Medchal, Malkajgiri, Nalgonda and Mahabubnagar in Telangana.
URL copied Image Source : FILE PHOTO
ED attaches assets worth Rs 4,109 crore across various states in Agri Gold Ponzi fraud scam.
The Enforcement Directorate (ED) has provisionally attached assets worth Rs 4,109 crore under Prevention of Money laundering Act, 2002 (PMLA) in Agri Gold Ponzi fraud Case. The attached assets include 2,809 landed properties, Haailand Amusement Park of Arka Leisure and Entertainments Private Limited in Andhra Pradesh spread over 48 acres, shares of various companies, plants and machinery.
These attached properties are located in the following districts of various states:
Andhra Pradesh: Anantpur, Kurnool, Krishna, Chitoor, Guntur, Kadapa, Vizianagaram, East and West Godavari, Visakhapatnam, Nellore, Prakasam, Srikakulam, Kadapa Districts.