ED, Nagpur has provisionally attached movable and immovable assets located in Nagpur, Amravati, Akola, Madgaon Districts among other areas across Maharashtra and Goa valued at Rs. 38.33 Crore in the Multi-level Marketing scam of M/s Shreesurya Investments (Sameer Joshi) under the PMLA, 2002 on 31.05.2024. The attached assets include movable (Fixed Deposits) and immovable assets acquired by Sameer Joshi, his companies/firms and his co-accused agents/accomplices.

The Directorate of Enforcement (ED), Nagpur, provisionally attached movable and immovable assets valued at Rs. 38.33 Crore in the Multi-level Marketing scam of M/s Shreesurya Investments (Sameer Joshi) under the PMLA. \r

Sameer Joshi defrauded investors by promising high returns, misusing public funds for personal gain, and making false advertisements. LEA identified 1,267 investors defrauded of Rs. 105.05 Crore. SEBI filed a prosecution complaint against Sameer Joshi. \r

Co-accused commission agents organized "Investors Meet" to lure new investors. ED attached properties derived from proceeds of crime. Investigation continues.