By Admin 
Taking action in a major case related to cyber fraud, ED has temporarily attached 7 properties related to Tushar Kharbanda. The price of these properties is around Rs 11.26 crore. This action has been taken by the team of ED’s Delhi Zonal Office. All these properties are present in Delhi-NCR and Dubai, which are registered in the name of Tushar Kharbanda and his family.
ED’s investigation started on the basis of FIR of CBI and Delhi Police. Investigation revealed that Tushar Kharbanda and his team had cheated foreign nationals by running an illegal call center in Noida. People committing fraud used to scare foreigners by pretending to be officers of police or any investigating agency. Like there is a case against you, your bank account will be frozen, you can be arrested. Due to this fear, he used to extort lakhs and crores of rupees from them. The investigation also revealed that the defrauded money was first converted into crypto currency.
Property purchased with crypto currency
A total of 351.8605 bitcoins were found in the crypto wallet controlled by Tushar Kharbanda, whose current value is approximately Rs 280 crore. These bitcoins were further converted into USDT and then sent to different wallets and people and converted into cash. According to ED, Tushar Kharbanda brought the fraud money from UAE to India through hawala and non-banking channels and bought a large amount of property.
Many properties in UAE were also purchased in cash, two of which are still in his name. ED has also attached both these properties under PMLA. In this case, on 06 August 2025, ED had raided many places. In the raid, ED found many properties in UAE and Noida. Crypto currency kept on crypto exchange was also found. Crypto worth about 0.29 BTC (Rs 28.90 lakh) had already been attached by ED. According to ED, the investigation of the case is still going on.
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