Meghalaya: ED seizes property worth Rs 1.91 crore in fake degree case

0
278

Meghalaya: ED seizes property worth Rs 1.91 crore in fake degree case. The Directorate of Enforcement has temporarily confiscated assets worth Rs 1.91 crore of Sanjeev Kumar, Pooja Srivastava and others under the Prevention of Money Laundering Act (PMLA) 2002 in a fake degree certificate case of “Techno Global University, Shillong”. Associated assets are in the form of balances in bank accounts, fixed deposits, mutual funds and immovable property.
ED launches money laundering probe against Sanjeev Kumar, his wife, Pooja Srivastava and others based on FIR and charge sheet filed by Meghalaya Police in which thousands of students were given “fake degree certificates” in exchange for money. Was deceived. The accused had opened bank accounts in the name of Techno Global University in Delhi and deposited money in these accounts and also in their accounts in exchange for fake certificates and it had nothing to do with the real “Techno Global University, Shillong”.
Investigations into money laundering have revealed that after selling fake degrees, the money in their bank accounts was diverted to various bank accounts and invested in mutual funds, fixed deposits and immovable property. Given the color of the transaction.
The total income of the crime is stated as Rs. 2.65 crore, out of which ED has now confiscated property worth Rs. 1.91 crore

The matter is under further investigation.

Leave a reply

Secured By miniOrange
Visitors: 268704