Eye on refunds, ED starts sale of Rs 6,000 crore ponzi scam assets

The Enforcement Directorate (ED) has initiated the sale of over Rs 6,000 crore worth of attached properties to compensate 32 lakh victims of the Agri Gold ponzi scheme. With Supreme Court and Andhra Pradesh HC approval, the ED seeks to dispose of properties across multiple states to reimburse investors.

Dec 8, 2024 - 14:15
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Eye on refunds, ED starts sale of Rs 6,000 crore ponzi scam assets
The Enforcement Directorate (ED) has initiated the sale of over Rs 6,000 crore worth of attached properties to compensate 32 lakh victims of the Agri Gold ponzi scheme. With Supreme Court and Andhra Pradesh HC approval, the ED seeks to dispose of properties across multiple states to reimburse investors.

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