August 16, 2024: The Enforcement Directorate (ED) has attached 14 land properties worth an estimated Rs 29.25 crore in Guwahati in the case of a fraud investment website by the name of www.pearlvine.com running under the banner of ‘Pearlvine International’, the agency said on Friday.

Guwahati Zonal Office of the ED attached these assets under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.

The ED initiated an investigation based on the First Information Report (FIR) registered by the Criminal Investigation Department of Meghalaya Police based on a complaint by the Reserve Bank of India at Shillong and a charge sheet under various sections of the Indian Penal Code, 1860 against the persons involved in the scam perpetuated by Pearlvine International through the website mentioned above.

The investigation revealed that Neeraj Kumar Gupta was the man behind the entire scam and had purchased the domain www.pearlvine.com in November, 2015 itself.