A Special Court in Lucknow has acknowledged a charge sheet filed by the Enforcement Directorate (ED) against a property advisor who deceived property owners with false promises of redeveloping their assets. The ED filed the charge sheet on September 29, 2025, before the Special Court in Lucknow under the Prevention of Money Laundering Act (PMLA), 2002, naming Yogesh Kumar Tiwari as an accused. The investigation revealed that Tiwari, posing as a reputable businessman, duped the complainant into transferring multiple properties under false pretenses.
The ED’s probe uncovered that Tiwari, misrepresenting himself as a well-connected individual, unlawfully acquired five properties without fulfilling the payment obligations. Subsequently, three of these properties were sold to third parties, with the proceeds amounting to Rs 1.41 crore being misappropriated for personal use. As part of the investigation, the ED provisionally attached properties worth Rs 78 lakh under the PMLA, 2002. The agency confirmed that Tiwari engaged in money laundering by attempting to disguise the illicit proceeds as legitimate assets.
