ED seizes luxury cars bank deposits in raids aganist Orris Infrastrusture and Three C Shelters

The Enforcement Directorate (ED) has seized several documents from secret lockers located in the office premises of Orris Infrastructure Pvt Ltd, along with luxury cars and various Fixed Deposits (FDs) and Bank Guarantees (BGs) worth Rs 31.22 crore, in connection with an alleged real estate fraud exceeding Rs 500 crore, the agency announced on Tuesday. The FDs and BGs, totalling Rs 31.22 crore, held in the name of the Orris group of companies, have been frozen and seized. Additionally, bank accounts and lockers belonging to the company's promoters were frozen, and four luxury cars -- Mercedes, Porsche, and BMW models -- were seized from the residence of one of the group's directors and promoters. The seizure followed a search operation conducted under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, on November 25 at 14 locations across Delhi and the National Capital Region (NCR). The operation targeted Orris Infrastructure Private Limited, its directors and promoters Vijay Gupta and Amit Gupta, as well as Three C Shelters Private Limited and its promoter-directors Nirmal Singh Uppal and Vidhur Bhardwaj. The ED said it recovered and seized several incriminating documents related to fund diversion, layering of funds, property ownership, and asset details of the companies. These included sale deeds, registration deeds, and various digital devices such as laptops and hard drives. 
 

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