Enforcement Directorate has provisionally attached assets worth Rs 85.19 crore linked to Dream Makers Global Pvt Ltd (Representative image)
CHENNAI: The Enforcement Directorate (ED) has provisionally attached movable and immovable assets worth approximately Rs 85.19 crore in connection with an alleged investment fraud involving Dream Makers Global Pvt Ltd (DMGPL), which collected money from thousands of depositors by promising high daily returns and doubling their investments in 150 days. The investigation revealed that approximately Rs 400 crore collected from investors and depositors was credited to three principal bank accounts of DMGPL. As part of the investigation, the ED had conducted searches and surveys on June 30, 2026, at residential and business premises linked to DMGPL and associated persons and entities.
the company subsequently defaulted, resulting in substantial losses to depositors While returns were initially paid. The funds were allegedly diverted and misappropriated. The money was subsequently routed through multiple bank accounts held by the company, its key personnel, agents, franchisees and associated business entities through inter-account transfers, cash withdrawals and payments to associates. The agency also identified the acquisition of immovable properties, vehicles, gold ornaments and other assets using the funds. You Can Also Check: Gold Rate in Chennai | Silver Rate in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai | Chennai AQI | Weather in Chennai | Petrol Price in Chennai | Diesel Price in Chennai | CNG Price in Chennai | LPG Price in Chennai