NEW DELHI: The Enforcement Directorate on Friday conducted first ever raids in the Union Territory of Ladakh as part of its money laundering probe linked to a cryptocurrency fraud case in which it is alleged that 2,508 investors lost more than Rs 7 crore worth of deposits, officials said.
The searches, carried out by the agency’s zonal office, targeted at least six locations across Leh town in Ladakh, Jammu in Jammu and Kashmir, and Sonipat in Haryana in the case against A R Mir and others.
The case of money laundering originated from an FIR lodged in Leh in March 2020, along with several other complaints filed within the Jammu and Kashmir against individuals named Mir and Ajay Kumar Choudhary.
A fraudulent cryptocurrency venture operating under the name “Emollient Coin Limited” allegedly duped 2,508 investors who invested Rs 7,34,36,267 in the investment plan offered by Mir and the company, Emollient, which was incorporated in…
The searches, carried out by the agency’s zonal office, targeted at least six locations across Leh town in Ladakh, Jammu in Jammu and Kashmir, and Sonipat in Haryana in the case against A R Mir and others.
The case of money laundering originated from an FIR lodged in Leh in March 2020, along with several other complaints filed within the Jammu and Kashmir against individuals named Mir and Ajay Kumar Choudhary.
A fraudulent cryptocurrency venture operating under the name “Emollient Coin Limited” allegedly duped 2,508 investors who invested Rs 7,34,36,267 in the investment plan offered by Mir and the company, Emollient, which was incorporated in…
