Directorate of Enforcement (ED), Jalandhar Zonal Office, has issued a Provisional Attachment
Order under the under the provisions of Prevention of Money Laundering Act (PMLA), 2002 on
17.07.2025 vide which immovable properties worth Rs. 7.31 Crore situated in Ludhiana and Mohali
have been attached in a money laundering investigation related to running of an illegal call centre by
Ankush Bassi, Piyush Malik, Gurmeet Singh Gandhi and others.
ED initiated investigation on the basis of FIR registered by Punjab Police under various sections
of IPC, 1860 and IT Act, 2000 against Ankush Bassi and his accomplices for doing frauds with foreign
nationals by impersonating customer support representatives and manipulating them into buying gift
cards and Virtual Digital Assets.
ED investigation revealed that Ankush Bassi, Piyush Malik, Gurmeet Singh Gandhi were
running a call center purportedly for providing services without having any affiliations and defrauded
unsuspecting customers abroad in lieu of providing service and manipulated them into buying gift cards
and Virtual Digital Assets. The gift cards and virtual digital assets were later encashed in India by the
accused persons through crypto exchanges and layered through multiple bank accounts of these
individuals and their family members. The Proceeds of Crime thus generated through illegal activities
were utilized in purchase of immovable properties.
ED Attaches ₹7.31 Crore Properties in Illegal Call Centre Money Laundering Probe
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