Bitcoins Worth Rs 7.12 Crore Seized by Enforcement Directorate in E-Nuggets Game Fraud Case
The agency recently carried out search operations at two premises in Kolkata, leading to seizure of Rs 1.65 crore in cash and freezing of 44.5 Bitcoin (equivalent to Rs 7.12 crore as per exchange rate) and other incriminating documents under the provisions of the Prevention of Money Laundering Act (PMLA).
New Delhi, October 21: The Enforcement Directorate (ED) has frozen Bitcoins worth Rs 7.12 crore and seized Rs 1.65 crore in cash as part of its probe in the E-nuggets gaming app case, officials said.
The agency recently carried out search operations at two premises in Kolkata, leading to seizure of Rs 1.65 crore in cash and freezing of 44.5 Bitcoin (equivalent to Rs 7.12 crore as per exchange rate) and other incriminating documents under the provisions of the Prevention of Money Laundering Act (PMLA). E-Nuggets Game Fraud Scam: Kolkata Police Seize Rs 32 Crore Different Bank Accounts.
The instant case was registered on the basis of the FIR filed by the Kolkata police against Aamir Khan and others. The FIR filed was based on a complaint filed by Federal Bank authorities in a city court.
Khan, launched a mobile gaming application namely E-Nuggets, which was designed for the purpose of defrauding public. Further, after collecting handsome amount from the public, all of the sudden, the withdrawal from the said app, was stopped, on one or the other pretext. Thereafter, all data including profile information was wiped off from the app servers. It was revealed that multiple accounts (more than 300) were used to launder the money, officials said. West Bengal: NIA Takes Over Probe in Kolkata’s Mominpur Violence.
Earlier during search operation against Khan, an amount of Rs 17.32 crore was seized from his residence and Bitcoins worth Rs 13.56 crore and other crypto currencies worth Rs 47.64 lakh were traced and freezed. Apart from this, Rs 5.47 crore found in the bank account of Khan and his accomplice was also freezed by the agency. During investigations conducted under PMLA, an amount of Rs 51.16 crore has been seized so far in total in the case. Further investigation in the matter is on.
(The above story first appeared on LatestLY on Oct 21, 2022 08:47 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).