Overview
- The CBI obtained attachment orders on Thursday, June 25, 2026, for 23 properties in Uttarakhand, Uttar Pradesh and Mumbai after tracing real estate bought with alleged scam funds.
- Authorities say the probe involves about ₹419 crore in alleged misappropriation and that LUCC schemes mobilised roughly ₹800 crore in deposits from over 1.6 lakh investors.
- So far the agency has attached assets valued at about ₹25 crore under the Banning of Unregulated Deposit Schemes (BUDS) Act and by orders of designated state courts.
- The CBI has arrested seven main accused who are in judicial custody and continues to widen financial tracing to identify further assets and transactions linked to the scheme.
- Investigators face a multi‑jurisdiction task that will determine recoveries and depositor restitution and likely require prolonged coordination across state courts, enforcement agencies and financial records.