Police have additionally filed 25 chargesheets in at the least 12 instances, the probe company mentioned. (Representational)
New Delhi:
The Enforcement Directorate on Wednesday mentioned it has filed a chargesheet towards Indian Overseas Service officer Neeharika Singh, her husband, and his firms as a part of an alleged funding fraud linked cash laundering case.
A particular court docket in Lucknow has taken cognisance of the prosecution criticism (chargesheet) on November 25. It was filed on September 2, the company mentioned in an announcement.
The IFS officer, her husband Ajit Kumar Gupta, Anee Bullion and Industries Pvt. Ltd., Anee Commodity Brokers Pvt. Ltd., and Anee Securities Pvt. Ltd. have been named as accused within the chargesheet filed underneath varied sections of the Prevention of Cash Laundering Act (PMLA).
Singh was questioned by the ED on this case and she or he was final said to have been posted with the Ministry of Exterior Affairs (MEA) in Delhi.
The cash laundering investigation started in 2019 after the ED took cognisance of 33 FIRs registered by the Uttar Pradesh Police towards Gupta and varied different individuals/entities, for “dishonest and fraud” price Rs 110 crore by “luring” varied individuals to put money into “fraudulent” schemes with the intention to defraud them between 21.02.2020 to 26.10.2020, in keeping with the ED.
Police have additionally filed 25 chargesheets in at the least 12 instances, it mentioned.
Gupta, the company alleged, in connivance along with his different associates collected enormous cash from gullible buyers by floating “fraudulent” schemes like day by day deposit schemes, month-to-month recurring deposit schemes, and stuck schemes via his proprietorship concern Anee Bullion Dealer with a promise of “exorbitant” price of returns at 40 per cent every year, which they “failed” to return.
Later, he began gathering cash from buyers through the use of the account of Eye Imaginative and prescient Credit score Co-operative Society Ltd. via his shut associates who have been the workplace bearers of the mentioned society within the identify of recent return-linked funding schemes, the probe discovered.
These investments have been “by no means returned” and harmless individuals have been cheated to the tune of Rs 60 crore, the ED alleged.
“The proceeds of crime generated by Ajit Gupta by luring the gullible buyers was additional layered via varied firms of Anee Group and was used for buy of assorted immovable properties like home, agriculture land and so forth. for himself and within the identify of his IFS spouse Neeharika Singh and others,” it mentioned.
Property price greater than Rs 9 crore have been hooked up by the ED on this case earlier.
(Apart from the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)