Enforcement Directorate
West Bengal: Enforcement Directorate begins fresh raid in Kolkata in ponzi related scams
Kolkata: Probing the money trails of various ponzi scams, the Enforcement Directorate (ED) on Wednesday began fresh search operations at various locations of Pilcon and Tower Groups in the city, official sources here said.
The searching operations, among others, were being conducted at posh areas of Alipur and Kankulia Road in south Kolkata, and Dalhousie Squire in the central parts of the city, sources have confirmed.
They said the ED officials fanned out in groups were also seen searching a house of a lawyer at Bardhaman Road in Alipur, when the news arrived.
The ED have filed cases of money laundering and had also quizzed the lawyer at its CGO Complex in Salt Lake in the city.
The ED came to know that these ponzi groups, which had collected money from the people with assurance of premier rate of interest, had transacted funds elsewhere and to the influential people.
It was not immediately known if the ED found any incriminating documents so far during the searching.
(With UNI inputs)
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