New Delhi, July 3 -- The Enforcement Directorate's (ED) Mumbai office has attached properties valued at Rs.131.45 crore from Russian Pavel Prozorov, including a luxury yacht and assets in Spain, as part of the probe into OctaFX's unauthorised forex trading under the Prevention of Money Laundering Act (PMLA), 2002.
A release by ED on July 3 stated, "These assets belong to Pavel Prozorov, the mastermind behind the platform OctaFx. The assets include movable properties in the form of a luxury yacht, a minijet boat, luxury car and immovable properties in the form of two residential properties in Spain. The luxury Yacht goes by the name - "Cherry" is an Italian model commercial yacht cruising in the Western Mediterranean."
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