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India

ED seizes cryptocurrency, assets in Maharashtra Investment fraud case

New Delhi, Jan 13 (UNI) The Enforcement Directorate (ED)’s Nagpur zonal office today stated that it recently conducted search operations at three locations in Maharashtra’s Nagpur district, allegedly linked to Nished Mahadeo Rao Wasnik and his associates, and froze bank balances worth more than Rs. 20 lakh and a private cryptocurrency wallet containing digital assets equivalent to Rs. 43 lakh.

Central India's Premier English Daily

Central India's Premier English Daily

Credit: Centralchronicle

Key Highlights

  • The searches led to the seizure of voluminous incriminating documents, records, and digital devices.
  • Authorities also froze bank balances worth more than Rs.
  • 20 lakh and a private cryptocurrency wallet containing digital assets equivalent to Rs.
  • 43 lakh.
  • Furthermore, several properties, including benami assets worth crores of rupees acquired by the accused, were identified.
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Sources

  1. ED seizes cryptocurrency, assets in Maharashtra Investment fraud case

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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