
The Enforcement Directorate (ED) has attached assets valued at Rs 33.66 crore in Manipur related to an alleged investment fraud. The ED's probe, based on state CID FIRs, targets Birla Emporium Pvt Ltd, Ira Finance Pvt Ltd, their director Yumnam Irabanta Singh, and associates. The companies are accused of collecting funds from nearly 5,000 investors by promising high returns, siphoning off over Rs 250 crore, and acquiring properties through fraudulent means before ceasing operations in early 2020.
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