The Enforcement Directorate (ED) said here on Wednesday that the Central Bureau of Investigation (CBI) has registered four charge sheets against three persons for cheating banks and impersonating veteran tennis player Ashok Amritraj among others.
In this context, the ED now has attached three immovable properties of the accused, cash worth Rs.1.41 crore and gold jewellery worth Rs.22.65 lakh,
The charge sheets are against T.S. Anantharaj Stephen, Franklin Samuelraj Toney and D.R. Naik for cheating Canara Bank to the tune of Rs.14.5 crore and Indian Overseas Bank (IOB) for Rs.2.55 crore.
The accused had apparently opened a bank account in the name of Ashok Amritraj in Canara Bank, with the collusion of bank officials, and then diverted fixed deposits worth about Rs. 7 crore.
ED, Chennai, has taken up the probe under the provisions of Prevention of Money Laundering Act, 2002, as it is a case of money laundering.
In another instance the accused had diverted Rs.8 crore belonging to Vysarpadi Vinayaka Mudaliar.
Charities to two companies floated by him.
Further impersonating the directors of Gokulam Chit Funds, the accused had again cheated IOB to the tune of Rs.2.55 crore.
In this context, the ED now has attached three immovable properties of the accused, cash worth Rs.1.41 crore and gold jewellery worth Rs.22.65 lakh,
The charge sheets are against T.S. Anantharaj Stephen, Franklin Samuelraj Toney and D.R. Naik for cheating Canara Bank to the tune of Rs.14.5 crore and Indian Overseas Bank (IOB) for Rs.2.55 crore.
The accused had apparently opened a bank account in the name of Ashok Amritraj in Canara Bank, with the collusion of bank officials, and then diverted fixed deposits worth about Rs. 7 crore.
ED, Chennai, has taken up the probe under the provisions of Prevention of Money Laundering Act, 2002, as it is a case of money laundering.
In another instance the accused had diverted Rs.8 crore belonging to Vysarpadi Vinayaka Mudaliar.
Charities to two companies floated by him.
Further impersonating the directors of Gokulam Chit Funds, the accused had again cheated IOB to the tune of Rs.2.55 crore.