India, Feb. 19 -- The Enforcement Directorate (ED) on Wednesday said it has issued its biggest-ever single attachment order clamping down on 247 immovable assets worth more than Rs 10,000 crore as part of its money laundering investigation against Chandigarh-based PACL (Pearls Group).

The group is accused of orchestrating a Rs 48,000-crore Ponzi scheme. The properties that have been attached provisionally under the Prevention of Money Laundering Act (PMLA) are located in SAS Nagar (Mohali), Rupnagar and Zirakpur in Punjab, the ED said in a statement.

The attached 247 properties have been identified as having been acquired from investor funds, constituting proceeds of crime. They have been valued at Rs 10,021.46 crore, it said. This is p...