Patna, 26 March 2021: The Enforcement Directorate (ED) has confiscated the spouse and their daughter’s property in a cheating case. They are accused of cheating in the name of getting a membership in a medical college. Apart from the flat in Patna, 13 plots at Sasaram have been seized. The price of the property is more than one crore rupees. Police have registered a case for cheating was against husband and wife at Shastri Nagar police station in Patna.
According to the ED, in the name of the Buddhist Welfare Trust, its president Surendra Kumar and secretary Sita Kumari (both spouses) are accused of cheating investors with greed to get a medical college membership. The couple defrauded the trust for establishing a medical college and purchased numerous assets from the money. The ED started investigating it after registering a money laundering case.
Apart from husband and wife, police found many properties in the name of their daughter Lipsa Kumar. She also has a flat in Vindhya Ambika Apartment in Patna. Apart from this, 13 plots in Sasaram and bank accounts in the daughter’s name have been confiscated.
According to the ED, the Buddhist Welfare Trust chairman is related to Surendra Kumar, his wife Sita Kumari, and his daughter Lipsa Kumar. According to the statement, the investigation found that the accused falsely assured other trust members that the trust would set up a medical college, and donors would be given a lifetime membership in it. Accordingly, by greed, the accused collected a massive amount from the members, and later they transferred the money from the trust’s bank account to private accounts.