ED Conducts Searches in Leh, Jammu, and Sonipat Over Emollient Coin Scam

The Enforcement Directorate (ED) conducted searches at six locations in Leh, Jammu, and Sonipat (Haryana) on August 2, 2024, under the Prevention of Money Laundering Act (PMLA), 2002.

The spokesman said the searches are related to a case against A. R. Mir and others, who are accused of cheating innocent people by falsely influencing them to invest in a fake cryptocurrency called Emollient Coin.

“During the operations, the ED recovered and seized various incriminating documents, property papers, digital devices, and cash amounting to Rs. 1 crore,” he said. (Agencies)

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