EOW attaches 3 accounts of 63 Moon Technologies with Rs 4.8 billion funds

The police wing investigating the NSEL case has proposed to attach ODIN software IPR

The city police's economic offences wing (EOW) has, as part of its ongoing probe into the National Spot Exchange (NSEL) payments scam, attached three bank accounts of that bourse’s parent entity, 63 Moons Technologies (earlier known as FTIL).

Sources said this was to enforce a notification in this regard of the Maharashtra government. The money in question is about Rs 4.8 billion.

NSEL had defaulted on payment totalling Rs 56 billion in August 2013 to about 13,000 investors. Earlier, the EOW had attached assets worth Rs 19 billion of 63 Moons, including shares, mutual funds and bank fixed deposits. The