Enforcement Directorate Probes Multiple Financial Fraud Cases, Attaches Properties in Kerala

The Enforcement Directorate (ED) in Kochi is investigating two separate financial fraud cases involving alleged money laundering and misappropriation of funds. In one case, properties worth around ₹32 lakh in Kasaragod were provisionally attached linked to a UAE loan fraud involving Hexa Oil Gas Services LLC. In another, assets worth ₹44.5 crore tied to Nedumparambil Credit Syndicate and associates were frozen amid allegations of cheating investors. Investigations are ongoing in both cases.