New Delhi, July 5 -- The Enforcement Directorate (ED) on Friday arrested a Delhi-based man in a money laundering case linked to an over Rs 900 crore investment app "fraud" which was controlled by some Chinese persons. This comes after searches at multiple locations in Delhi on Wednesday.
Rohit Vij was taken into custody on June 30 after searches were carried out against him in the national Capital, the agency said in a statement.
The ED case, filed under the Prevention of Money Laundering Act (PMLA), stems from a 2022 FIR registered by the cybercrime station of Hyderabad police. It was alleged in the police complaint that certain Chinese individuals, in association with some Indian persons, "defrauded" investors by offering "unrealistical...