Fraud case: ED attaches Rs 2.71 crore assets

ED, Chennai, Joint Director KSVV Prasad, in a release said, the Tamil Nadu Police registered a cheating case against Dhanalakshmi and others based on a complaint from their employer alleging cheating and misappropriation to the tune of about Rs 4 crore by diverting the service charges received by them, while working in a car servicing centre in Coimbatore.

Verifications revealed that they used to generate forged bills for spare parts and service charges and the amounts collected there on were used to be diverted to their personal accounts.

Accordingly, investigations under PMLA revealed that the accused has deposited the proceeds of crime in the bank accounts in the form of cash and then transferred to various related accounts and invested in the form of fixed deposits and recurring deposits etc, in her name and in the name of her husband and relatives.

During investigations under PMLA, various movable properties valued Rs.1.76 crore lying in the form of fixed deposits and recurring deposits in the name of accused and relatives were identified. Similarly, five immovable properties of document value of Rs 95 lakh were also identified.

Subsequently, properties worth 2.75 crore were attached.