During the search operations, various incriminating documents, property related documents, digital devices, unaccounted cash of Rs. 84.20 Lakh and one Mercedes Car GLC 200 were found and seized.
FinTech BizNews Service
Mumbai, November 9, 2025: Directorate of Enforcement (ED), Bhubaneshwar has conducted search operation on 6.11.2025 at four premises at Barhampur (Odisha) under the provisions of Prevention of Money Laundering Act (PMLA), 2002 in connection with ongoing money laundering investigation against the Green India Infra Projects Ltd. and its related entities, as per a press release issued by the ED.
The CBI/SCB/Kolkata registered an FIR bearing No. RC.11/S/2014 dated 04.06.2014 against the Green India infra projects ltd and its promoters in connection with multi crore chit fund scam. It was alleged that the various group companies had collected the money from hundreds of gullible investors and ultimately cheated them. The said amounts were collected under the guise of huge returns or to provide flats in ‘Green Paradise Project’. However, the company had neither returned the invested amount nor did they allot any flats to the investors. On being asked to refund the money paid to the alleged company by the investors, MD of the company refused to refund the amount paid by them as advance and threatened them. Thus, the depositors have been cheated by the said company to the tune of Rs.69 Crore. During the investigation it was found that the accused persons had laundered the Proceeds of Crime and invested the same in the various immovable properties and other assets. During Search operations, unaccounted cash of Rs. 84.20 Lakh was found which was seized. Further, one Mercedes Car GLC 200, other documentary evidences/ digital devices were also seized. Various incriminating documents including property documents of various immovable properties were also found in the search premises which were seized. Further investigation is under progress.
