LUCKNOW, June 26 -- The Central Bureau of Investigation (CBI) has secured attachment of 23 properties worth around Rs.25 crore in the alleged Rs.419-crore LUCC chit fund scam, including 16 properties in Uttar Pradesh, an official release stated on Thursday. According to the CBI, the attached properties belong to accused linked to M/s Loni Urban Multi State Credit and Thrift Co-operative Society (LUCC) and are spread across Uttarakhand, Uttar Pradesh and Mumbai. Of the 23 properties, 16 in UP were attached after authorisation from the designated BUDS (Banning of Unregulated Deposit Schemes Act, 2019) Act court in the state, the agency said. The CBI said six properties in Uttarakhand were attached through the competent authority under the BUDS Act, while one property in Mumbai was also authorised for attachment by the designated BUDS Act court in Maharashtra. The agency said it was taking steps to get the Mumbai attachment order issued through the competent authority in Uttarakhand. CBI officials said the case pertains to an alleged fraud in which more than 1.6 lakh depositors were induced to invest and funds worth Rs.419 crore were allegedly misappropriated. The agency said it had taken over multiple FIRs from the Uttarakhand police in 2025 on the orders of the Uttarakhand high court and registered the case under various provisions of the IPC, BNS, BUDS Act and UPID Act. According to the CBI, seven main accused have been arrested so far and are in judicial custody. Efforts are underway to identify more properties linked to the accused, the agency added....