Kolkata, Aug. 28 -- The Enforcement Directorate (ED) today said it has confiscated movableand immovable properties of two forex firms - TP Global FX/ IX Global - worth Rs. 18.78 crore in alleged money laundering case.
The sleuths of the Kolkata Zonal office attached assets in the form of flats/ apartments, commercial spaces, fixed deposits and mutual funds of the two companies during raids followed by FIR registered by Kolkata Police, Maharashtra Police and Gujarat Police under various sections of IPC, 1860 against T M Traders, K K Traders, TP Global FX, IX Global, IX Academy Pvt. Ltd and others.
As per Reserve Bank of India (RBI), the website of TP Global FX is neither registered with RBI nor does it have any authorization from RBI for f...