Odisha Sun Times Bureau
New Delhi, March 24:
The Enforcement Directorate (ED) has attached assets worth nearly Rs 30 lakh of a private company running Ponzi schemes in Odisha, an official said.
The move was part of the ED’s crack down against private companies running Ponzi schemes in different states.
The economic law enforcement agency took the step under the Prevention of Money Laundering Act (PMLA) on Thursday, it said.’
The agency attached assets of Rs 29.45 lakh of Rajasthan’s Jaipur-based Many Mantra Marketing Private Limited, operating in Odisha. Besides, assets worth Rs 35.55 crore belong to RMP Infotech were also attached. The dubious firm was running Ponzi schemes in Chennai. (With IANS inputs)