New Delhi [India], April 30 : The Enforcement Directorate filed a prosecution complaint under the provisions of the Prevention of Money Laundering Act (PMLA) against five individuals and three firms in an alleged case of duping people by taking money on pretext of high returns.
The case was filed before the PMLA Court, Imphal on Monday, following which the court took cognizance of the prosecution complaint, the ED informed in a press release.
According to the allegations, the accused persons cheated people by "illegally" collecting deposits from the public by promising high rates of interest and then using the proceeds of crime so collected for their personal use.
The accused are namely; Akoijam Deepa Anand, Narengbam Samarjit Singh, Elangbam Brojendro Singh, Narengbam Biswajit Singh, Tourangbam Tikendra Singh and M/s Smart Society, Salai Mart Private Limited and Salai Agri Consortium Private Limited, according to the law enforcement agency.
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ED initiated an investigation on the basis of an FIR registered by NIA against the accused Narengbam Samarjit Singh under various sections of the Indian Penal Code.
FIR registered by CBI, EO-I, Delhi against the accused persons under various sections of IPC and Banning of Unregulated Deposit Scheme Act, 2019.
ED investigation revealed that the accused persons have cheated the general public by illegally collecting deposits from the public by promising high rates of interest and then using the proceeds of crime so collected for their personal use and for acquiring interests in the Salai Group of Companies.
The proceeds of crime to the tune of Rs 57.35 crore have been identified so far.
Earlier, ED had also provisionally attached properties worth Rs 2.52 crore (being credit balances in a bank account) held in the name of Salai Mart Private Limited and Salai Agri Consortium Private Limited.
Further investigation is under progress in the case, the agency stated.