Overview

• The ED has provisionally attached assets worth ₹2,348 crore, including 159 acres of land, unsold real estate inventory, and properties in Delhi-NCR and Goa.
• The investigation revealed that over 12,000 investors were defrauded through false promises of assured returns on investments in WTC-branded plots and commercial spaces.
• More than ₹2,700 crore was collected from investors, with a significant portion siphoned off and transferred to Singapore-based entities owned by Ashish Bhalla's family.
• The money-laundering probe stems from over 30 FIRs filed by Faridabad Police and Delhi EOW on charges of fraud, cheating, and criminal conspiracy.
• Ashish Bhalla, who absconded during initial searches in February 2024, was arrested in March 2025 to prevent evidence tampering and witness interference.