WTC and Bhutani Group in trouble as they come under ED scanner

In a major crackdown, ED on Feb 27 launched a massive search operation, targeting 12 locations belonged to WTC group & Bhutani Group across Delhi, Faridabad, and the National Capital Region (NCR). Read further on Dynamite News:

New Delhi: Enforcement Directorate, which conducted searches last Thursday at the premises of WTC Group and Bhutani Group, has seized various incriminating documents, digital devices, jewelry, and bullions worth a whopping ₹1.5 crore.

Besides, fixed deposits in the name of WTC Group of companies has also been frozen.

In a major crackdown, ED launched a massive search operation, targeting 12 locations across Delhi, Faridabad, and the National Capital Region (NCR).

The raids were conducted against the WTC Group and its promoter, Ashish Bhalla, as well as the Bhutani Group and its promoter, Ashish Bhutani.

The ED's search operation was carried out under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.