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<p data-start="113" data-end="500"><span style="font-family: georgia, palatino, serif; font-size: 12pt;">The Enforcement Directorate (ED) has provisionally attached seven properties valued at ₹1.74 crore in Delhi, Haryana, Uttar Pradesh, and Bihar in connection with the ₹387-crore fake degree scam linked to Manav Bharti University (MBU), Solan. The action targets commission agents Abhishek Gupta, Himanshu Sharma, and Ajay Kumar, who played a central role in the scandal.</span></p>
<p data-start="502" data-end="600"><span style="font-family: georgia, palatino, serif; font-size: 12pt;">With this latest move, the total value of attached properties in the case has risen to ₹202 crore.</span></p>
<p data-start="602" data-end="896"><span style="font-family: georgia, palatino, serif; font-size: 12pt;">The attachments were made under the Prevention of Money Laundering Act (PMLA), 2002, based on three FIRs registered by Dharampur Police Station in Solan. The ED investigation found that Raj Kumar Rana, President of MBU, orchestrated the mass sale of fake degrees with help from multiple agents.</span></p>
<p data-start="898" data-end="1078"><span style="font-family: georgia, palatino, serif; font-size: 12pt;">According to the ED, these commission agents acted as intermediaries, connecting potential buyers with university insiders. In exchange, they received a cut of the illegal profits.</span></p>
<p data-start="1080" data-end="1279"><span style="font-family: georgia, palatino, serif; font-size: 12pt;">The proceeds of crime, estimated at ₹387 crore, were reportedly used to purchase movable and immovable assets across several states. These assets have now become a focus of the ongoing investigation.</span></p>
<p data-start="1281" data-end="1473"><span style="font-family: georgia, palatino, serif; font-size: 12pt;">The ED has already filed a prosecution complaint against 14 individuals and two entities before the Special Court (PMLA) in Shimla. The court took cognisance of the charges on January 4, 2023.</span></p>
<p data-start="1475" data-end="1700"><span style="font-family: georgia, palatino, serif; font-size: 12pt;">Previously, on January 29, 2021, the ED attached properties worth ₹194.14 crore, and another attachment worth ₹5.8 crore followed on January 10, 2025. Both orders were later confirmed by the Adjudicating Authority under PMLA.</span></p>
<p data-start="1702" data-end="1807" data-is-last-node="" data-is-only-node=""><span style="font-family: georgia, palatino, serif; font-size: 12pt;">The investigation continues to track how the illicit funds were laundered and invested by those involved.</span><br><br><span style="font-family: georgia, palatino, serif; font-size: 12pt;">[Except for the headline, this article has not been edited by the Benefit News editorial team and is published directly from the IANS news feed]</span></p>
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ED Seizes Assets in ₹387 Cr Fake Degree Scam

ED attaches ₹1.74 crore properties in Manav Bharti University fake degree racket across 4 states

ED Seizes Assets in ₹387 Cr Fake Degree Scam

ED attaches ₹1.74 crore properties in Manav Bharti University fake degree racket across 4 states

July 10, 2025 | 20:23 IST