New Delhi, Jan. 19 -- The Enforcement Directorate (ED) on Monday filed a supplementary chargesheet before a Special PMLA Court in Dimapur concerning the HPZ Token scam.
The court has taken cognizance of the supplementary prosecution complaint (SPC). The ED initiated its money laundering investigation based on a First Information Report registered by the Cyber Crime Police Station in Kohima, Nagaland.
During the investigation, it was found that the HPZ Token scam is a large-scale investment fraud in which gullible investors across the country were duped. They were fraudulently lured into investing through the HPZ Token App with false promises of high returns.
The PMLA investigation revealed the use of numerous mule accounts, shell compani...