India, Aug. 3 -- The Enforcement Directorate (ED) has provisionally attached assets worth approximately Rs.14 crore in the money laundering case against the VIPS Group of companies operated by Vinod Tukaram Khute, his family members, and associates. The provisional attachment order of July 25 covers immovable assets, such as plots and flats, located in the Pune, Dharashiv, Kolhapur, and Sangli districts of Maharashtra.

The attached properties are allegedly owned by Vinod's associates, who were involved in enticing and luring the public into investing in his bogus schemes and illegal trading activities. They collected the funds through various shell entities and layered them to obscure their origin. This money was then withdrawn as cash b...