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RegulatoryNDTV Profit

ED arrests Hashpay makers, attaches Rs 14.16 cr assets

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GreyOak summary

The Enforcement Directorate arrested Hashpay promoters for allegedly running a fraudulent investment scheme promising 1% daily returns. The agency provisionally attached assets worth Rs 14.16 crore and identified Rs 49.54 crore as proceeds of crime. Four individuals are in judicial custody while further investigation continues.

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