Sahara Group Under the Scanner in Alleged Ponzi Scheme: ED Attaches 1,730 Acres Property Worth ₹3,012 Cr Assets

The Enforcement Directorate attached properties worth ₹3,012 crore spanning 1,730 acres belonging to the Sahara Group, in connection with an alleged Ponzi scheme under the Prevention of Money Laundering Act (PMLA). The action is part of ongoing investigations into the group’s fundraising and investment practices, aimed at clamping down on illicit financial flows. The seizure signifies continued regulatory focus on high-profile entities suspected of financial misconduct and reaffirms the ED’s authority in enforcing anti-money laundering laws. (Word count: ~102)