Key Highlights
- An ED spokesperson said here on Thursday that the search operation was conducted amid heavy security deployment at various residential and business premises linked to the accused.
- The ED initiated investigation based on the first information reports registered by the Special Task Force, Bhopal, Madhya Pradesh, and other police stations in various districts of Rajasthan, Haryana, Odisha and Maharashtra.
- The ED’s probe revealed that the accused individuals, in collusion with each other, had cheated crores of rupees from thousands of peoples by alluring them to invest in their platform and mobile application, which was reportedly involved in the trading of cryptocurrency.
- “The amount invested by the gullible investors was diverted into the personal accounts of promotors and directors of Digi Mudra Connect and their family members, relatives and agents.
- The proceeds of crime generated were utilised in acquiring immovable properties,” the ED spokesperson said.
