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ED attaches Rs 427 crore assets in Rs 2,459-crore Belagavi Ponzi scam

Bengaluru, Nov 2 (UNI) The Enforcement Directorate (ED) has provisionally attached assets worth Rs 427.16 crore belonging to Belagavi businessman Shivanand Siddappa Neelannavar and his associates in connection with an alleged Rs 2,459.49-crore Ponzi investment fraud involving more than 35,000 investors, primarily in Karnataka.

#ED attaches Rs 427 crore assets in Rs 2 #459-crore Belagavi Ponzi scam