The Enforcement Directorate (ED), probing into the multi-crore Rose Valley ponzi scam case, has urged the duped investors to approach the asset disposal committee appointed by the Calcutta High Court to recover their dues.
According to an ED official, the investors, who were promised high returns on their investments by the ponzi firm, are free to approach the committee which was set up following a high court suggestion in 2015.
"In the Rose Valley ponzi scam case, so far the ED has attached properties worth Rs 4,600 crore," an ED official, who did not wish to be named, told PTI.
The enforcement agency attached Rose Valley properties worth Rs 2,300 crore in one go, including two dozen hotels and resorts, which till date is the single largest attachment in the case.
The assets are to be sold off via public auction and the proceeds would be used to repay the investors.
The ED had registered an FIR against the firm, its Chairman Gautam Kundu and others in 2014 under the Prevention of Money Laundering Act (PMLA).
Gautam Kundu was arrested by the agency in Kolkata in 2015.
Multiple charge sheets have been filed in the courts in Kolkata and Bhubaneswar by the ED in the case.
The group had allegedly floated a total of 27 companies to run the chit fund operations, of which only 6 were active.
4 Arrested In Chinese-linked Online Betting App Fraud Worth Rs 400 Crore Acting Enforcement Directorate Chief Rahul Navin Appointed Full-Time Head Haryana Congress MLA's Assets Seized By Probe Agency In Money Laundering Case Indian Airports, Borders On Alert As Global Mpox Cases Rise: 10 Points "My Intention Was To...": Sudha Murty Clarifies Raksha Bandhan Post Finances Of Kolkata Hospital During Ex-Principal's Tenure Under Scanner Watch: Rahul Gandhi Takes An Uber To Share Plight Of Gig Workers 4 Killed, 24 Injured After Truck Rams Stationary Lorry In Noida: Cops 7-Year-Old Boy Goes Missing In Delhi, Body Found In Open Drain Hours Later Track Latest News Live on NDTV.com and get news updates from India and around the world.