Srinagar, Mar 23: The Enforcement Directorate (ED), Srinagar Zonal Office, has provisionally attached ₹16,86,465 under the Prevention of Money Laundering Act (PMLA), 2002, in connection with a digital arrest cyber fraud case involving impersonation and coercion.

The attached funds were in an HDFC Bank account held by M/s Jeevika Foundations, New Delhi, operated by accused Gaurav Kumar, who, along with Gurpreet Singh, Ujjwal Chauhan, and other associates, allegedly executed a cyber fraud racket impersonating officials from agencies like TRAI and CBI.
Victims were falsely threatened with arrest in supposed money laundering cases linked to national security, forcing them to liquidate fixed deposits. The investigation revealed a total fraud of ₹21 lakh, of which ₹4.13 lakh has already been refunded to the complainant. The remaining ₹16.86 lakh constitutes identifiable proceeds of crime and has been attached under Section 5(1) of PMLA, 2002.
The ED investigation is ongoing.