₹42 lakh assets seized in Jalandhar post office fraud

The Enforcement Directorate (ED) has seized assets worth ₹42 lakh in a fraud case involving a former post office official in Jalandhar. This action is part of a larger investigation into an alleged scam that totaled ₹8.48 crore. The investigation began following a complaint filed by the Central Bureau of Investigation (CBI) in 2018. The case centers on Sanjeev Kumar, a former sub-postmaster at the Dakhni Gate post office. He is accused of misappropriating funds through dishonest transactions tied to post office savings schemes. During the investigation, the ED discovered that Kumar opened fake savings accounts and manipulated real accounts to withdraw money fraudulently. He used multiple bank accounts, both his own and those of associates, to launder the stolen funds. According to an ED spokesperson, a significant amount of the stolen money was withdrawn in cash. It was then laundered through various methods for Kumar and his associates. The investigation continues as authorities seek to recover the remaining funds.