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Home Co-op News Snippets

ED attaches assets of Adarsh Credit worth Rs 365 cr

Amit Awana by Amit Awana
June 29, 2021
in Co-op News Snippets
0
Adarsh: Victim writes to Liquidator and Central Registrar
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Assets worth over Rs 365 crore of Adarsh Group of companies and related firms have been attached by the ED last week. Adarsh Credit Co-op is alleged to have duped about 20 lakh people in Rajasthan, reports PTI.

The ED has acted on a Rajasthan Police special operations group (SOG) FIR filed against the Adarsh Credit Cooperative Society Limited (ACCSL) and its promoters Mukesh Modi, Rahul Modi and others.

The frauds carried out by Mukesh Modi and others deprived 2 million investors of their hard-earned money.

Tags: ACCSLcooperativeFIRRahul Modirajasthan
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