PoliticsPhoto: Amar UjalaED Arrests Avinash Rathod in Fake Investment Scam, Seizes Rs 4 Crore Assets
The Enforcement Directorate (ED) took major action in Mumbai against money laundering in two separate cases. In one, ED temporarily seized movable and immovable assets worth around Rs 4 crore linked to Aslam Abdul Rahman Patni and others. In the other, Avinash Arjun Rathod was arrested for a fake investment scam involving Rs 157 crore from 587 investors under APS Wealth Ventures LLP. Both cases are under the Prevention of Money Laundering Act, 2002.
Amar Ujala··Mumbai


