ED raids locations of agents associated with Shine City in UP
ED has raided the locations of 18 people associated with Shine City. In UP, action is going on at the residences of agents associated with Shine City Company in Lucknow, Varanasi and Allahabad. ED has also raided the residences and offices of directors of companies located in Delhi and Mumbai. The main accused Rashid Naseem had acquired this property. Many digital devices, objectionable documents and immovable property have been recovered during the raid. Unaccounted cash and jewelery worth Rs 1.60 crore have been recovered. According to the information, cash worth Rs 95 lakh and jewelery worth Rs 65 lakh have been recovered. Let us tell you that investigation has been started on the basis of about 250 FIRs registered for cheating and defrauding the public of Rs 800-1000 crore. Shashi Bala’s role is important in helping the main accused Rashid Naseem in this fraud. ED had arrested Shashi Bala and presented him in the court. The court has given ED custody to Shashi Bala till November 30. ED has seized assets worth Rs 128 crore in the investigation so far. The main accused Rashid Naseem is absconding, continuous search for him is going on.