ED attaches Hyderabad-based firm's assets

The Enforcement Directorate today said it had attached assets worth Rs 3.04 crore of a city-based firm in a case related to multi-level-marketing.

The case, under the Prevention of Money Laundering Act, was initiated against Vishwajyoti Realtors Pvt Ltd here after the city police registered an FIR for cheating and filed a charge sheet, the ED said.

The agency has also invoked the Prize Chits and Money Circulation Schemes (Banning) Act, 1978, against the firm.