top of page

ED attached assets worth INR 14 Cr in Morris Coin crypto scam

The Enforcement Directorate (ED) attached assets worth INR 14 Cr in the INR 1,200 Cr Morris Coin crypto scam.

Assets were seized under the Prevention of Money Laundering Act (PMLA), including immovable property and balances in various bank accounts. The accounts seized were registered through a Kochi-based hospital's 'Fly With Me App,' according to an ED release. In addition, 52 acres of land and other immovable properties acquired with the proceeds of crime were seized as part of the investigation. The case is currently being investigated further.

4 views0 comments
bottom of page