The Enforcement Directorate(ED), on Friday attached assets worth 293 crore rupees in connection with the Rose Valley chit fund scam case in which thousands of people were allegedly cheated in West Bengal and Odisha. The central probe agency's regional office in Kolkata issued a provisional attachment order under sections of the Prevention of Money Laundering Act (PMLA) and with this fresh action, the total attachment in this case stands at 1,950 crore rupees (market value). <br/><br/>A senior officials in the agency said that the latest attachment order is on assets worth 293 crore rupees (market value). The Enforcement Directorate (ED) had registered a criminal FIR against the firm, its Chairman Gautam Kundu and others in 2014 under the PMLA. Kundu was arrested by the agency from in Kolkata in 2015 and he is currently in judicial custody.<br/> <br/>Multiple chargesheets have been filed in the courts in Kolkata and Bhubaneswar by the ED in this case. <br/><br/>The group had allegedly floated a total of 27 companies for running the alleged chit fund operations out of which only half-a-dozen were active. <br/><br/>It is alleged that the firm had floated the scheme by promising inflated returns on investments between 8 and 27 per cent to gullible investors in various states. The company had allegedly promised astronomical returns to depositors on land properties and assets and bookings done in the real estate sector. <br/><br/>It is alleged that the company had made "cross investments" in its various sister firms to suppress its liabilities towards investors. The SEBI had probed the company before the ED and the CBI registered cases against the group. The ED has pegged the total volume of the alleged irregularities at 15,000 crore rupees.