New Delhi, Jan. 2 -- The Enforcement Directorate (ED), Imphal Sub Zonal Office has issued 2nd Provisional Attachment Order (PAO) to the tune of Rs. 33.66 Crore pertaining to M/s Birla Emporium Pvt Ltd, Ira Finance Pvt. Ltd., its Director Yumnan Irabanta Singh and Others in relation to cheating of 5000 gullible investors, the release said on Thursday.

According to the ED, the accused operated fraudulent investment schemes between 2019 and 2021, promising unusually high returns to lure investors.

"ED initiated an investigation based on an FIR registered by the CID (Crime Branch), Manipur, under various Sections of IPC, 1860, against Yumnam Irabanta Singh, Director of M/s Birla Emporium Pvt. Ltd. and Ira Finance Pvt. Ltd.. According to the...