ED Attaches ₹3,400 Crore Fresh PACL Assets in Ponzi Scheme Probe

• Enforcement Directorate (ED) attached fresh properties worth over ₹3,400 crore belonging to PACL.
• The attachment includes 169 immovable properties in Jalandhar, Punjab, valued at ₹3,436.56 crore under PMLA.
• This brings the total value of attached assets in the ₹48,000 crore PACL Ponzi scheme case to ₹5,602 crore.
• PACL, through its late promoter Nirmal Singh Bhangoo, is accused of orchestrating a massive fraudulent collective investment scheme.
• ED's probe stems from a CBI case, and three chargesheets have been filed so far.

Why It Matters: ED seizes ₹3,400 crore more PACL assets, total attachments now ₹5,602 crore in Ponzi scheme.