These 3 Android investment apps cheated users of Rs 150 crore, ED attaches assets worth Rs 59 crore

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The Directorate of Enforcement (ED) has attached assets worth Rs 59.44 crore in connection with the Power Bank App fraud case. The ED initiated the investigation based on FIRs registered by the Uttarakhand Police, Special Cell Delhi Police, and Karnataka Police. The fraud involved fake apps on the Google Play Store that promised high returns on investments. Chinese nationals, along with Indian professionals, set up shell companies to cheat the Indian public.

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