ED Attaches Assets in Multiple Cases

The Enforcement Directorate (ED) has taken action against several companies and individuals for misusing and diverting funds.

They seized assets worth ₹51.57 crore from Ocean Seven Buildtech, which is accused of not using homebuyers' money correctly.

The ED also attached assets worth ₹92 crore linked to the Mahadev online betting app, which is alleged to have cheated people and laundered money.

Additionally, the ED seized assets worth ₹400 crore connected to the Jaypee Group, which is accused of diverting funds collected from homebuyers.

The ED's actions are based on investigations into these companies' activities and the misuse of funds.