Bhopal, Sept. 22 -- The Enforcement Directorate's Regional Office here has attached three Maharashtra-based immovable properties worth Rs 1.15 crore of M/s Zoom Developers Private Limited in a bank fraud case.
The action was taken under the Prevention of Money Laundering Act, 2002, the ED conveyed via social media. Until now, the total property attached in different states amounts to approximately Rs 132.49 cr.
The case is being investigated by the ED's Bhopal and Indore offices. It is alleged that Zoom Developers took large-scale loans from banks and misused the finances.
Published by HT Digital Content Services with permission from United News of India....