After attaching around Rs 600-crore worth of properties, Enforcement Directorate on Friday further attached Rs 55.43 crore worth assets and bank accounts of Nodia online fraud accused company Ablaze Info Solutions Pvt ltd and its owner Anubhav Mittal. The attachment included Rs 40 crore in the Yes Bank account operated by Mittal and a commercial space in Greater Noida.
Mittal was first arrested by Special Task Force of UP Police for defrauding thousands of people. Following this ED also registered a case under Prevention of Money laundering Act (PMlA). The probe conducted by ED’s Joint Director Rajeshwar Singh unearthed the vast network of money laundering by Mittal and his company through online frauds and 14 bank accounts of the company were freezed.
“Mittal had collected Rs 3,700 crore from the customers of his company by false inducements and later siphoned off the same by means of generating false bills and invoices with the assistance of various persons who are under scrutiny. It is revealed that out aforesaid money, the company has claimed to return Rs 2,600 crore to the investors of the company in the guise of opportunity and sales commissions and to portrait its business as genuine and legal. The company had paid Rs 200 crore and Rs 220 crore as TDS & Service Tax respectively. This is being verified and further investigation in this regard is being carried out,” said ED in a statement.