Last updated: February 1, 2024 22:14 UTC
The Enforcement Directorate on Thursday said it has attached 58 immovable properties worth over Rs 27 crore belonging to a man from Bulandshahr in Uttar Pradesh and his associates, who allegedly cheated many people through land fraud.
An interim order was issued under the Prevention of Money Laundering Act (PMLA) to attach the properties registered in the name of Sudhir Kumar Goyal, his wife Rakhi, close associates Jay Prakash and Alok Kumar alias Jagga and their partnership firm Sri Siddhivinayak Properties. assets.
The ED said in a statement that the total value of these properties is Rs 274.9 crore.
The money laundering case stems from multiple FIRs registered by the Uttar Pradesh police accusing Goyal and his “gang members” of cheating, forgery and fraud.
The police arrested the men under the Uttar Pradesh Gangs Act last year and they are currently lodged in Bulandshahr jail.
The education ministry said that during the investigation, it was found that Goyal had established 10 illegal colonies and the land was sold at high prices without changing the land use and without any basic infrastructure or facilities.
Goyal “connived” a few businessmen and their “gang members” and adopted the modus operandi of selling the same land to multiple people, selling non-existent plots to investors, selling plots on the basis of forged and fabricated documents, and selling Agricultural land as residential land.
The agency raided his home on Jan. 9 and uncovered records of “large-scale” organized cheating and fraud.
Documents seized during the search and collected from the tax department revealed that Goyal deliberately displayed the value of most of his transactions as less than the fair market value and received huge proceeds of crime in the form of cash, which were further invested in development Other “illegal” colonies, Education Ministry says.
Follow us on Google news ,Twitter , and Join Whatsapp Group of thelocalreport.in
