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ED attaches Hyderabad-based firm's assets

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Press Trust of India Hyderabad
Last Updated : Apr 01 2017 | 10:07 PM IST
The Enforcement Directorate today said it had attached assets worth Rs 3.04 crore of a city-based firm in a case related to multi-level-marketing.
The case, under the Prevention of Money Laundering Act, was initiated against Vishwajyoti Realtors Pvt Ltd here after the city police registered an FIR for cheating and filed a charge sheet, the ED said.
The agency has also invoked the Prize Chits and Money Circulation Schemes (Banning) Act, 1978, against the firm.

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First Published: Apr 01 2017 | 10:07 PM IST

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