Kolkata, Dec. 23 -- The Enforcement Directorate (ED) has attached immovable properties worth Rs 110 crore of Prayag Group of Companies and its directors in a money laundering case in alleged fund mobilisation from the common investors and duped them of over Rs 2800 crore, official sources said on Tuesday.
The ED said the following investigation after the CBI filed an FIR and subsequently submitted a charge sheet in a special court in the city against under Sections of IPC, 1860 and the Prize Chits & Money Circulation Schemes (Banning) Act, 1978 against the Prayag Group of Companies and its directors.
ED's investigation revealed that Prayag Group, mainly through its companies Prayag Infotech Hi-Rise Ltd and Prayag Infotech Network Pvt. Ltd...