New Delhi, Sept. 27 -- The Enforcement Directorate's (ED) Kolkata Zonal Office has attached 212 immovable properties valued at over Rs 155 crore.
This action is part of an ongoing investigation into LFS Broking Pvt. Ltd., its related companies, and individuals, including Saiyad Jiyajur Rahaman.
The attached properties, identified as proceeds of crime, include parcels of land, apartments, hotels, resorts and factory plots located across multiple districts in West Bengal and other states. These assets were acquired through the fraudulent mobilization of over Rs 1600 crore from investors, who were misled by false promises of assured high returns from entities controlled by the accused.
The ED initiated its investigation based on First Infor...