New Delhi, March 23 -- The Enforcement Directorate (ED), Srinagar Zonal Office, today said it has attached proceeds of crime amounting to Rs 16,86,465 under the provisions of the Prevention of Money Laundering Act (PMLA).
The attached amount is held in a bank account maintained in the name of Jeevika Foundations with HDFC Bank, Karol Bagh. The account is operated by accused Gaurav Kumar, who is alleged to be involved in a well-organized cyber fraud racket known as Digital Arrest.
The ED initiated a PMLA investigation based on an FIR (first information report) registered by the Cyber Police Station, Kashmir Zone, along with a preliminary chargesheet filed before the Chief Judicial Magistrate, Srinagar.
The investigation revealed that Gaur...