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Luxury cars, diamonds, film units: Inside details of Rs 3,500 crore cloud scam by Punjab couple

IndiaTimes Monday, 3 March 2025
A couple from Punjab was arrested for a multi-level marketing scam involving fake cloud space rental promises, resulting in over Rs 3,500 crore defraud. The ED seized 26 luxury cars and other assets. They were traced to Nepal and arrested in India. Funds were siphoned into shell companies and personal ventures, prompting a comprehensive investigation.
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