The Enforcement Directorate(ED) attached the properties worth Rs. 58 lakh of Nitish Ghai, a Ludhiana-based travel agent on a money Laundering case through cheating on providing Work Permit Visas of foreign countries.
The investigation was initiated based on multiple FIRs registered by Punjab Police at different Police Stations of Ludhiana District against Nitish Ghai & others for cheating the general public by offering them false allurement of providing Work Permit Visas of foreign countries, which was never materialised by the accused persons nor the payments made by the victims were returned to them.
It was found that 35 FIRs are presently live i.e. under trial or investigation, based on which proceeds of crime were ascertained. Scrutiny of the bank account of the accused revealed that he used to take cash from the gullible public in the guise of providing them with work permits in foreign countries.
The inquiry revealed that the cash obtained by cheating was deposited in bank accounts maintained by him his family members and various consultancy firms being operated by him. These cash deposits were then used to acquire immovable properties in his and his family member’s name.
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