📷 Image: Wikimedia Commons / শরদিন্দু ভট্টাচার্য্য
Crime
ED Seizes Rs 129.80 Crore in Ahmedabad Real Estate Fraud Case
✍️ latestly.com
🗓 18 Aug 2026, 01:03 AM
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The Enforcement Directorate has attached assets worth Rs 129.80 crore in a case of alleged real‑estate fraud in Ahmedabad.
The Enforcement Directorate (ED) has attached assets valued at Rs 129.80 crore in a case involving alleged real‑estate fraud in Ahmedabad. The attachment was carried out as part of the ED’s ongoing investigation into the alleged scheme. The assets are believed to be linked to the accused parties in the real‑estate fraud case.
The ED’s action comes after a probe into the alleged fraud, which reportedly involved the misappropriation of funds in real‑estate transactions within the city. The attachment is intended to preserve the assets while the investigation proceeds.
Details of the alleged fraud, including the identities of the accused and the specific transactions involved, are still under investigation. The ED has not yet released further information on the next steps in the case.
The ED’s action comes after a probe into the alleged fraud, which reportedly involved the misappropriation of funds in real‑estate transactions within the city. The attachment is intended to preserve the assets while the investigation proceeds.
Details of the alleged fraud, including the identities of the accused and the specific transactions involved, are still under investigation. The ED has not yet released further information on the next steps in the case.