Bengaluru: ED attaches Rs 7 cr from 29 bank accounts linked to ShareHash app scam
Bengaluru: The Directorate of Enforcement (ED) has provisionally attached Rs 7.02 crore from 29 bank accounts of various entities in a tech-enabled cyber investment scam conducted through five private companies in Bengaluru.
An ED statement said on Thursday that the fraudulent scheme was operated via the ‘ShareHash’ mobile app, luring hundreds of gullible investors with promises of lucrative returns through cryptocurrency.
The funds were attached under the Prevention of Money Laundering Act, 2002, it added.
