Lucknow, Jan. 24 -- The Enforcement Directorate (ED) has taken major action in a large-scale real estate fraud and money laundering case in Lucknow by attaching 77 movable and immovable properties worth around Rs 350 crore linked to the Rohtas Group.
According to the ED's Lucknow Zonal Office, these properties were originally purchased for about Rs 158.85 crore, but their current market value has increased several times. The investigation revealed that the Rohtas Group allegedly cheated investors of nearly Rs 600 crore under the guise of real estate investments.
Of the attached assets, properties worth Rs 141.21 crore are registered in the names of Rohtas Group promoter Deepak Rastogi, his associate company Vardhan Township Private Limite...