Jalandhar, Feb. 18 -- The Enforcement Directorate on Tuesday said it has attached Rs.1.76 crore of funds deposited in a mule bank account as part of its money laundering investigation linked to the digital arrest of Ludhiana-based industrialist SP Oswal.

The ED initiated investigation on the basis of an FIR registered by the Cyber Crime Police Station, Ludhiana, under the BNSS, 2023. Nine additional FIRs related to cybercrime or digital arrest involving the same group were also included in the probe.

Oswal, the chairman of the Vardhman Group, was put under digital arrest in August 2023 by fraudsters who impersonated as officers of the Central Bureau of Investigation (CBI) and extorted Rs.7 crore from him.

The officials of the federal a...