New Delhi, March 20 -- The Enforcement Directorate (ED) has attached 126 immovable properties valued at Rs 5046.91 crore located in Punjab and Delhi in connection with its ongoing investigation into a large-scale alleged financial fraud involving a collective investment scheme operated by PACL Ltd and related entities.

The attached properties have been identified as having been acquired from investor funds, constituting Proceeds of Crime.

With this attachment, ED has so far attached movable and immovable properties worth approximately Rs 22,656.91 crore, including assets located in India and abroad, belonging to PACL and its related entities and persons.

ED said its Delhi zonal office attached these properties under the Prevention of M...