Overview
- The Enforcement Directorate’s Raipur office issued a provisional attachment covering ₹940.77 crore of movable and immovable assets tied to Vikas Garg, his family and entities, the agency said on Friday.
- With this order, the cumulative value of properties attached, seized or frozen in the Mahadev Online Book and Skyexchange money‑laundering probe has risen to about ₹3,800 crore.
- The ED says the syndicate ran a franchise‑style panel network from abroad that generated more than ₹450 crore per month and laundered funds through accommodation entries, shell companies and layered transfers.
- Prosecution complaints and seven earlier provisional attachments have been filed in the Special PMLA Court in Raipur, and investigators report tracing alleged kingpin Saurabh Chandrakar to Oman with extradition efforts under way.
- Investigators say the newly frozen assets include residential plots, land parcels, equity shares and other securities and that further probe will map additional beneficiaries and overseas holdings to aid recovery.