ED Swoops on CMJ University Chancellor in Fake Degree Scandal
The ED has provisionally attached assets worth over Rs 20 crore belonging to CMJ University Chancellor Chandra Mohan Jha in connection with a fake degree scam. The case involves issuance of fake degrees between 2010-2013. Authorities continue to investigate the laundering of proceeds into properties.
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The Enforcement Directorate on Monday took decisive action by attaching assets exceeding Rs 20 crore from CMJ University Chancellor Chandra Mohan Jha and his family, linked to the notorious Meghalaya fake degree scam, according to official reports.
The seized properties comprise four immovable assets in New Delhi, valued at Rs 19.28 crore, along with a bank balance of Rs 1 crore, all attached under the Prevention of Money Laundering Act (PMLA), 2002, the agency disclosed.
Investigations uncovered that from 2010 to 2013, CMJ University illicitly issued thousands of fake degrees, enrolling students without adhering to regulatory norms. These fraudulent activities are under extensive scrutiny as authorities trace laundered proceeds funneled into various properties across India.
(With inputs from agencies.)
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