New Delhi, May 9 -- The Enforcement Directorate (ED), Shillong Sub-Zonal Office, today said it has attached movable properties worth Rs. 1.06 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with its ongoing investigation into the "Global Media App" fraud case involving large-scale cheating of investors through a fraudulent online earning and investment scheme.
The ED initiated the PMLA investigation on the basis of an FIR registered by Madanriting Police Station in East Khasi Hills district of Meghalaya on a complaint alleging cheating through a mobile application named "Global Media App".
The ED investigation revealed that the accused persons operated the "Global Media App" as a Ponzi-styl...