Fake cryptocurrency cases are increasing day by day in the country. To curb this, the Enforcement Directorate is conducting raids at 6 places including Leh-Ladakh. The investigating agency is looking for people involved in this business.
In the fake cryptocurrency case, the Enforcement Directorate (ED) is conducting raids for the first time in the Leh-Ladakh region of Srinagar zone. Fake cryptocurrency business is being run by AR Mir and others under the provisions of the Prevention of Money Laundering Act (PMLA). Its strings are connected from Sonipat in Haryana to Leh and Jammu.
ED raids at 6 places
ED is conducting raids on Friday at 6 places from Leh-Ladakh to Sonipat. Thousands of investors have invested money in currency i.e. immovable coin. They have neither received returns nor have the currency been returned.
Many FIRs were registered in Leh area
Several FIRs have been registered in this case in Leh area. Many complaints have also been received in Jammu and Kashmir. The Enforcement Directorate (ED) is looking for several promoters to bust the fake currency business.
ED had arrested 2 from Jammu
Let us tell you that earlier on July 26, the ED had arrested two suspects in Jammu for funding the terrorist activities of the pro-Pakistan terrorist organization Hizbul Mujahideen. Both the suspects from Jammu were arrested under PMLA in a case related to narco-terrorism. The arrested accused were identified as Arshad Ahmed Ali and Fayaz Ahmed Dar.
Both suspects are in ED custody for 5 days
After arresting both the suspects, they were produced before the special court (PMLA) of Jammu. From where ED has taken Rashad Ahmed Ali and Fayaz Ahmed Dar in custody for five days.