The Enforcement Directorate on March 6 said it has seized ₹1.21 crore cash and gold and diamond jewellery worth more than ₹5 crore after it raided some Nagpur-based persons in a money-laundering case linked to alleged investment fraud that cheated numerous investors. The money-laundering case stems from a Nagpur Police FIR field against Pankaj Nandlal Mehadia, Lokesh Santosh Jain, Kartik …
The Enforcement Directorate conducted a day-long raid on over eight locations linked to several businessmen and entry operators in Maharashtra’s Nagpur in connection with an alleged Rs-1,000 crore investment fraud case on Friday. According to sources, the case is related to an investment fraud-cum-money laundering racket run by Pankaj Mehadia and his accomplices where they duped investors of hundreds of …
