Enforcement Directorate provisionally attached immovable assets valued at 83.92  crore rupees of M/s. Udaipur Entertainment World Pvt. Ltd. in a bank Fraud Case.<br />''<br />''Enforcement Directorate had initiated investigation under Prevention of Money Laundering Act,PMLA based on the  FIR and charge sheet filed by CBI against the officials of Syndicate Bank and Others. <br />''<br />''Investigation revealed that during 2011 to 2016, master mind of the fraud, Bharat Bomb, a Chartered Accountant, in collusion with bank officials of Syndicate Bank had defrauded the bank to the tune of  1055 crore rupees.<br />''Investigations under PMLA, revealed that Bharat Bomb, through his web of fictitious firms, used Proceeds of Crime to acquire M/s. Udaipur Entertainment World Pvt. Ltd and for purchasing of land, for development of projects namely Royal Raj Vilas and Connaught Palace under this company.<br />''<br />