The Enforcement Directorate has attached 212 immovable properties valued at over Rs 155 crore in connection with the ongoing investigation against LFS Broking Pvt Ltd., its related companies and individuals, including Saiyad Jiyajur Rahaman, under the Prevention of Money Laundering Act (PMLA), 2002, said the agency in a press statement.

The properties attached include parcels of land, apartments, hotels, resorts, and factory plots located across multiple districts in West Bengal and other states, stated ED.

These assets were identified during investigation as Proceeds of Crime derived from the fraudulent mobilization of over Rs. 1600 crore from investors, who were misled with false promises of assured high returns through various entities controlled by the accused persons, according to t

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