Indore, India: The Enforcement Directorate (ED) has attached nine additional immovable properties valued at approximately ₹3.48 crore as part of its ongoing money laundering investigation into the alleged fake billing scam involving the Indore Municipal Corporation (IMC).
The action was taken under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, following allegations that fraudulent bills were used to illegally withdraw public funds from the municipal corporation.

According to the ED, the case is linked to a large-scale financial fraud in which fake bills, forged documents, and fabricated work records were allegedly created to divert government funds. The investigation is based on an FIR registered by the Madhya Pradesh Economic Offences Wing (EOW), which uncovered suspected irregularities in payments made by the Indore Municipal Corporation.
With the latest attachment, the total value of properties provisionally attached in the case has increased to around ₹37.14 crore. The agency also stated that the combined value of attached and seized assets in the investigation has now reached approximately ₹59.18 crore.

The ED has alleged that the accused individuals and associated entities generated proceeds of crime through fraudulent billing practices and invested the illicit funds in various movable and immovable assets. The newly attached properties are believed to have been acquired using money linked to the alleged scam.

As part of the investigation, the ED has already arrested Abhay Singh Rathore, Mohd. Zakir, and Rahul Badera, who are currently in judicial custody. The agency continues to investigate the financial trail and identify additional beneficiaries connected to the case.

Officials believe the fraudulent scheme caused a significant financial loss to the public exchequer by siphoning off municipal funds through fabricated invoices and false documentation. The investigation aims to recover illegally acquired assets and establish accountability for those involved.
The Enforcement Directorate has reiterated that the probe is ongoing and that further action may be taken if additional evidence of money laundering or undisclosed assets is discovered. Authorities are continuing to examine financial records, property transactions, and the flow of funds associated with the alleged fraud.

The Indore Municipal Corporation fake billing case has become one of the notable financial crime investigations in Madhya Pradesh, highlighting the importance of stronger financial oversight and transparent public spending. As the investigation progresses, enforcement agencies are expected to pursue further legal proceedings against individuals found responsible for misappropriating public funds.
Disclaimer: The accused are presumed innocent unless proven guilty in a court of law. The investigation is ongoing, and the allegations are based on information released by the Enforcement Directorate and investigating agencies.