New Delhi, Feb. 16 -- The Enforcement Directorate (ED), Ranchi Zonal Office, on Monday said it has filed a chargesheet before a Special PMLA Court against Maxizone Touch Pvt. Ltd. and its directors, Chander Bhushan Singh and Priyanka, in a large-scale Ponzi fraud involving Proceeds of Crime amounting to Rs 308 crore collected from 16,927 investors.
The ED stated that it has also attached properties worth Rs 11 crore in connection with the case.
The agency initiated a PMLA investigation based on FIRs registered by Jharkhand Police at Sakchi and Govindpur Police Stations in Jamshedpur under various sections of the IPC.
According to the ED, the accused lured investors by promising a lifelong monthly return of 15 per cent through their compa...