Odisha

ED Attaches Rs 1.53 Cr Assets Of Odisha Conman Golden Baba

By
OB Bureau

New Delhi: The Enforcement Directorate (ED) has attached assets worth Rs 1.53 crore of Jyoti Ranjna Beura alias Golden Baba, an alleged fraudster based in Odisha, as proceeds of crime.

The money laundering case against Golden Baba, proprietor of Jyoti Trading and Co Bhubaneswar, stems from an Economic Offences Wing (EOW) FIR and chargesheet of the Odisha Police filed for fraud perpetrated by him in lieu of providing loans to the tune of Rs 5.50 crore to certain businessmen in the state.

Earlier, the ED had frozen bank balances amounting to Rs 52 lakh, seized two high end vehicles (one AUDI Q5 and another BMW 520D) having purchase value of Rs 56 lakh

as part of a money laundering investigation against Beura. A total of 19 cases are pending against him in various police stations in the state.
OB Bureau

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