{"id":988533,"date":"2026-01-29T09:32:44","date_gmt":"2026-01-29T04:02:44","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=988533"},"modified":"2026-01-29T10:11:35","modified_gmt":"2026-01-29T04:41:35","slug":"ed-arrests-digi-mudra-connect-director-in-multi-crore-my-victory-club-investment-fraud","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/01\/29\/ed-arrests-digi-mudra-connect-director-in-multi-crore-my-victory-club-investment-fraud\/","title":{"rendered":"ED arrests Digi Mudra Connect director in multi-crore My Victory Club investment fraud"},"content":{"rendered":"<p>NEW DELHI: The Enforcement Directorate (ED) has arrested Prakash Chand Jain, director of Digi Mudra Connect Pvt Ltd, from Rajasthan\u2019s Jaipur in a multi-crore investment fraud linked to the My Victory Club app, the agency said on Wednesday. <\/p>\n<p>The agency has found that hundreds of crores were collected from investors and diverted to promoters\u2019 personal accounts and properties. \u201cSearches across seven locations led to seizure of cash, incriminating documents and assets, while key accused Ravi Jain is suspected to have laundered proceeds abroad,\u201d the agency said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: The Enforcement Directorate (ED) has arrested Prakash Chand Jain, director of Digi Mudra Connect Pvt Ltd, from Rajasthan\u2019s Jaipur in a multi-crore investment fraud linked to the My Victory Club app, the agency said on Wednesday. The agency has found that hundreds of crores were collected from investors and diverted to promoters\u2019 personal accounts and properties. \u201cSearches across seven locations led to seizure of cash, incriminating documents and assets, while key accused Ravi Jain is suspected to have laundered proceeds abroad,\u201d the agency said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-988533","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/988533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=988533"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/988533\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=988533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=988533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=988533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}