ED attaches ₹91 crore in Mumbai ponzi scam case
The Enforcement Directorate has attached over ₹91 crore kept in a Singapore bank in connection with a money laundering probe in a Mumbai-based ponzi scam case. The case pertains to City Limousine chit funds and a probe is underway against its Chairman Sayed M Masood. An attachment is aimed to prevent an accused from taking benefits of his ill-gotten assets.