Joint Task Force seizes land from Rajasthan scammer

news18.com

The newly formed Joint Task Force (JTF) on cybercrime has taken its first action by attaching three plots of land linked to a scammer in Rajasthan. This follows over 76,000 complaints related to a major online fraud scheme. The properties, owned by Malkeet Singh, were seized under the Prohibition of Benami Property Transactions Act. The scam, involving a Ponzi scheme promising high returns on cryptocurrency investments, is estimated to be worth between Rs 8,000-10,000 crore. The JTF includes various agencies like the Income Tax department and the Enforcement Directorate. Investigations are ongoing to trace the financial activities and beneficiaries of the scam.


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