DIVYA DELHI : The Enforcement Directorate (ED) has intensified its investigation into an alleged ₹2,000 crore chit-fund scam by freezing 182 bank accounts linked to the suspected Strong financial network. The action is part of the agency’s ongoing probe into alleged financial irregularities and the movement of funds connected with the case. According to the investigation, the agency is examining the flow of money through multiple bank accounts and financial transactions suspected to be associated with the chit-fund operations. The freezing of the accounts is aimed at preventing the suspected proceeds of the alleged scam from being transferred, withdrawn or diverted during the investigation. The case involves allegations of a large-scale financial fraud in which investors are suspected to have been affected by the activities of the chit-fund network. ED officials are examining financial records, banking transactions and other documents to establish the complete money trail and identify those allegedly responsible. The latest action is expected to provide investigators with further leads regarding the handling and movement of funds. The agency may also examine other accounts, properties and financial assets if links to the suspected proceeds of crime are established. The investigation remains underway, and further action could follow based on evidence gathered by the agency. Authorities are continuing efforts to trace the alleged proceeds and determine the full extent of the financial network involved.
