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ED Attaches Rs 1.06 Crore in Global Media App Ponzi Probe

The action signals a push to trace Rs 45.33 crore in suspected proceeds routed through banks, payment gateways, crypto wallets, foreign exchanges.

Overview

  • ED’s Shillong office provisionally attached movable assets worth Rs 1.06 crore on Saturday under the anti–money laundering law.
  • The probe follows a Meghalaya FIR into a 2022 app that sold VIP plans and promised daily income for watching ads.
  • Investigators estimate the scheme raised about Rs 45.33 crore by collecting investor money via bank transfers, UPI, crypto wallets.
  • Roughly Rs 2.45 crore taken in USDT on the TRON network was tracked to a foreign crypto exchange with KYC details obtained.
  • Promotion and backend operations used Telegram admins and Gmail accounts linked to Cambodia and Malaysia, with tracing of remaining funds ongoing.