7 months ago
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“The Enforcement Directorate (ED) connected Thursday (December 4, 2025) conducted searches successful 3 cities successful Uttar Pradesh arsenic portion of a money-laundering probe into the operations of a Jharkhand ponzi strategy that is alleged to person duped depositors to the tune of ₹300 crore,” officials said.
At slightest 20 premises successful Noida, Ghaziabad and Meerut are being searched successful a lawsuit related to Maxizone ponzi strategy that was allegedly operated by 2 radical — Chandra Bhushan Singh and Priyanka Singh.
The 2 accused are presently lodged successful jailhouse nether judicial custody aft they were arrested by the Jharkhand Police a fewer months back. The Ranchi zonal bureau of the national probe bureau is conducting the hunt operation.
“It is alleged that the investors were duped for much than ₹300 crore by promising unrealistic returns done the scheme,” the officials said.
