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Enforcement Directorate attaches properties worth Rs 1.36 crore in money laundering case

Indian Community Editorial TeamBy Indian Community Editorial TeamFebruary 12, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Enforcement Directorate attaches properties worth Rs 1.36 crore in money laundering case
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The Enforcement Directorate has seized five immovable properties valued at Rs 1.36 crore in a money laundering case involving a former official of Punjab government’s Food and Civil Supplies department. The attached properties are linked to Rakesh Kumar Singla, the ex-Deputy Director in the Department of Food and Civil Supplies, and his wife Rachna Singla.

These properties were confiscated under the Prevention of Money Laundering Act (PMLA) in connection with a case of disproportionate assets, where Rakesh Kumar Singla was found to have amassed assets worth Rs 1.36 crore. The investigation by the ED was initiated based on an FIR filed by Vigilance Punjab Police in this regard.

Singla is alleged to have received bribes, leading to the accumulation of disproportionate assets. The ED stated that the illicit funds were laundered by Singla, his wife, and their family members through cash deposits in bank accounts, sham transactions, and investments in immovable properties.

In a separate incident, the ED’s Gurugram Zonal Office has taken action in a large-scale international Tech Support Scam targeting American citizens. Immovable properties worth Rs 90.21 crore were provisionally attached in this case. A charge sheet was filed against eight accused, including Chandra Prakash Gupta, one of the key conspirators, under the PMLA, following the arrest of Gupta.

Aakash Kumar Dubey American citizens Chandra Prakash Gupta CSPRO Technology (OPC) Private Limited Enforcement Directorate Food and Civil Supplies Department Gurugram Zonal Office Pankaj Kumar Jha Prevention of Money Laundering Act Punjab Government Rachna Singla Rakesh Kumar Singla Tech Support Scam Vigilance Punjab Police
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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