ED Uncovers Multi-Crore Extortion and Loan Racket, Seizes Cash and Valuables
3 hours agoCrime
58LENS
1 SourcesDubai, United Arab Emirates
TBNthebalanced.news
ED Uncovers Multi-Crore Extortion and Loan Racket, Seizes Cash and Valuables

The Enforcement Directorate (ED) has busted a multi-crore extortion and illegal loan racket, seizing Rs 6 crore in cash, Rs 17 crore worth of jewelry, and property documents valued at Rs 35 crore. The investigation targets Dubai-based fugitive Inderjit Singh Yadav and his associates, who allegedly operated a syndicate for illegal loan settlements and extortion. Initial seizures also included six luxury cars and Rs 17 lakh in cash.

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