ED chargesheets Pearls Group in â¹48,000 cr real estate scam
The Enforcement Directorate (ED) on Wednesday filed a chargesheet against Pearls Group and its chief Nirmal Singh Bhangoo for a Ponzi scheme worth over â¹48,000 crore. In 2016, CBI had arrested Bhangoo with three others for allegedly duping 5.5 crore investors in several states by making false land allotments. In January, ED attached Australia-based assets of Bhangoo worth â¹472 crore.