ED attaches assets worth ₹1,595 crore in PACL case
The Enforcement Directorate has attached assets worth ₹1,595 crore belonging to the Gian Sagar Educational & Charitable Trust in connection with the PACL investment fraud case. The investigation involves an alleged ₹68,000 crore collective investment scheme fraud.
Why it matters
This is a major development in one of India's largest financial fraud cases, highlighting ongoing efforts to recover funds for defrauded investors.
The Enforcement Directorate has provisionally attached 14 immovable properties currently worth ₹1,595.85 crore in connection with its probe into an alleged large-scale investment fraud involving a collective investment scheme operated by PACL Limited and related entities, the agency said on Monday (June 1, 2026).
The article reports on legal and regulatory actions taken by government agencies using objective, factual language.
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