India, April 29 -- The Directorate of Enforcement (ED), Bhubaneswar Zone, attached assets worth 1,428 crore belonging to the Goldenland Group of Companies on charges of defrauding gullible depositors.

Per official sources, the attached assets include bank balances amounting to 15.06 crore, approximately 1,000 acres of land across various districts in Odisha and Andhra Pradesh, as well as several constructed buildings and structures. The attachment was carried out under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.

Earlier, on February 8, 2024, the ED conducted search operations at multiple locations in Odisha, Punjab, Chandigarh, and Delhi targeting promoters, directors, and owners of the Goldenland Group. Duri...