ED attaches 32 crore bank deposits of ponzi co

After two days of searches in Kochi on a multi-level marketing company, Enforcement Directorate on Wednesday attached bank deposits of Rs 32 crore, taking the total attachment in the case so far to Rs 260 crore. The directors of the company are accused of collecting over Rs 1,500 crore from the public and laundering the 'proceeds of crime'.

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