Jalandhar, Feb. 7 -- The Enforcement Directorate's Jalandhar zonal office has provisionally attached six immovable properties, 73 bank accounts and 26 luxury vehicles, valued at Rs.178.12 crore, of a private company related to the Cloud Particle scam, under the Prevention of Money Laundering Act (PMLA), 2002.

An ED spokesperson said the firm M/s VueNow Marketing Services Ltd. (M/s VMSL), in connivance with other group entities, had lured investors into a fraudulent scheme under the guise of selling cloud particles. The company promised high rental returns through a sale and lease-back (SLB) model, despite lacking the necessary infrastructure for it.

The proceeds of the crime were used for personal purposes, diverted through shell entiti...