New Delhi, Jan. 29 -- The Enforcement Directorate (ED), Jaipur Zonal Office, today said that it has arrested Prakash Chand Jain, a director of Digi Mudra Connect Private Limited, in connection with an alleged fraud case involving the company and others.
Jain was produced before a Special PMLA court in Jaipur, which remanded him to ED custody for four days.
The ED initiated its investigation under the Prevention of Money Laundering Act (PMLA) based on First Information Reports registered by the Special Task Force (STF) in Bhopal, Madhya Pradesh, and various other police stations across Rajasthan, Haryana, Odisha, and Maharashtra against Prakash Chand Jain, Ravi Jain, and others.
The ED investigation has revealed that the accused individua...