CosmicTaco

ED Attaches ₹23 Crore Assets in Noida Scam

CosmicTaco · 2024-10-30T10:51:36.273800+05:30

- The **Enforcement Directorate (ED)** attached assets worth over **₹23 crore** in Punjab linked to Noida's Lotus 300 project. - Assets include **four residential plots** and **agricultural land** in Hoshiarpur, Fatehgarh Sahib, and Mohali. - **₹190 crore** siphoned off to Three C Universal Developers, causing project insolvency. - **Allahabad High Court** directed the probe following an FIR by Delhi Police. - **Searches** in September seized **₹42 crore** in cash, gold, and incriminating documents. Source: [Hindustan Times](https://www.hindustantimes.com/cities/delhi-news/lotus-300-fraud-case-ed-attaches-assets-worth-23-crore-in-punjab-101730228731277.html), [Hindustan Times](https://www.hindustantimes.com/real-estate/ed-attaches-assets-worth-rs-23-crore-in-noidas-lotus-300-homebuyer-fraud-case-101730208891397.html)

The Enforcement Directorate (ED) attached assets worth over ₹23 crore in Punjab linked to Noida's Lotus 300 project.
Assets include four residential plots and agricultural land in Hoshiarpur, Fatehgarh Sahib, and Mohali.
₹190 crore siphoned off to Three C Universal Developers, causing project insolvency.
Allahabad High Court directed the probe following an FIR by Delhi Police.
Searches in September seized ₹42 crore in cash, gold, and incriminating documents.