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Latest World News Update > Blog > Business > ED seizes Rs 1 crore cash during raids in crypto scam – World News Network
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ED seizes Rs 1 crore cash during raids in crypto scam – World News Network

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Last updated: August 4, 2024 12:00 am
worldnewsnetwork 11 months ago
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New Delhi [India], August 4 (ANI): The Directorate of Enforcement (ED)’s Srinagar unit conducted searches at six locations in Leh, Jammu, and Sonipat (Haryana) in connection with a cryptocurrency scam and seized Rs 1 crore cash along with incriminating documents and property records.
According to the ED, the searches were conducted earlier this week in a money laundering case against one AR Mir and “others”.
The case relates to the alleged cheating of innocent people by falsely influencing them to invest in a fake cryptocurrency named ‘Emollient Coin’, the ED said in a post on X on Sunday.
During the search operations dated August 2, various incriminating documents, property documents, digital devices and Rs 1 crore cash were recovered and seized, it added. (ANI)

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