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ED cracks down on fake degree network, seizes Rs 200 crore in assets
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ED cracks down on fake degree network, seizes Rs 200 crore in assets
ED cracks down on fake degree network, seizes Rs 200 crore in assets
ED cracks down on fake degree network, seizes Rs 200 crore in assets
UPDATED : ஜூலை 11, 2025 12:00 AM
ADDED : ஜூலை 11, 2025 11:23 PM

New Delhi: The Enforcement Directorate (ED) has seized assets worth more than Rs 200 crore in connection with a money laundering probe into a fake degree racket allegedly involving Himachal Pradesh-based Manav Bharati University.
The agency said the attached properties belong to key commission agents — Abhishek Gupta, Himanshu Sharma, and Ajay Kumar — accused of facilitating the sale of fake degrees by acting as intermediaries between the buyers and the university officials.
The properties are located across Bihar, Delhi, Uttar Pradesh, and Haryana, the ED said in a statement issued on Thursday.
Manav Bharati University, established in 2009 by the Manav Bharati Charitable Trust near Kumarhatti in Solan district, had allegedly issued thousands of fake degrees. The ED said university president Raj Kumar Rana and others generated substantial illegal income through the scam.
Earlier in 2021, the agency had attached assets worth Rs 194 crore in the same case.
Multiple arrests have been made so far, and investigations under the Prevention of Money Laundering Act (PMLA) are ongoing, the ED added.


