The Hindu·3 min read·medium
ED arrests Bijnoriya in Nexa Evergreen money laundering case
T
The Hindu Bureau
✦AI Summary
The Enforcement Directorate has arrested Subhash Chandra Bijnoriya for his role in the Nexa Evergreen money laundering case involving a ₹2,676 crore fraud. The scheme allegedly operated as a Ponzi operation, luring investors with promises of high returns and rewards for recruitment.
The Jaipur zonal office of the Enforcement Directorate (ED) has arrested an accused, Subhash Chandra Bijnoriya, in connection with a money laundering investigation related to the alleged fraud case against Nexa Evergreen, in which ₹2,676 crore were collected from a large number of investors.
businesseconomypolitics
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in