New Delhi, Feb. 18 -- The Enforcement Directorate (ED) has provisionally attached 247 immovable properties valued at Rs 10,021.46 crore in connection with its ongoing investigation into a large-scale financial fraud involving a collective investment scheme operated by PACL Ltd and related entities-- the highest single provisional attachment ever in terms of value and number of properties.

The attached properties are located in SAS Nagar, Rupnagar, Zirakpur, and Mohali, in Punjab. These assets were attached under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.

ED said these 247 attached properties were identified as having been acquired with investor funds, constituting Proceeds of Crime. With this attachment, ED h...