Thu Jan 01 21:26:14 UTC 2026: Here’s a summary of the provided text, followed by a rewritten version as a news article:

Summary:

The Enforcement Directorate (ED) in India has seized assets worth ₹33.66 crore from Birla Emporium Private Limited, Ira Finance Private Limited, its director Yumnam Irabanta Singh, and others, bringing the total assets seized in this case to ₹61.68 crore. Singh is accused of defrauding approximately 5,000 investors in Manipur of around ₹250 crore between 2019 and 2021 through a fraudulent investment scheme promising high returns. He allegedly siphoned off funds and acquired properties. The company allegedly closed its door to the depositors since the 1st quarter of 2020 without returning the promised funds to them. An earlier attachment of ₹28.02 crore was made, and a prosecution complaint filed. The latest seizure involves 121 more immovable properties.

News Article:

Enforcement Directorate Seizes Additional ₹33.66 Crore in Birla Emporium Fraud Case

New Delhi, January 2, 2026 – The Enforcement Directorate (ED) has intensified its crackdown on financial fraud, announcing the seizure of an additional ₹33.66 crore in assets linked to Birla Emporium Private Limited, Ira Finance Private Limited, and its director, Yumnam Irabanta Singh, and associates. This latest action brings the total assets attached in the case to ₹61.68 crore.

The ED’s investigation stems from a First Information Report (FIR) filed in Manipur against Singh, who is accused of running a fraudulent investment scheme between 2019 and 2021. Singh allegedly promised exorbitant returns to investors but ultimately defrauded approximately 5,000 individuals of an estimated ₹250 crore.

“Investigation revealed that Yumnam Irabanta Singh and his entities were operating an unauthorized deposit scheme by collecting huge amounts of money from the public with a promise of exorbitant returns,” the ED stated. “He along with his associates has cheated 5,000 investors [approximately] of Manipur…”

The seized assets include 121 immovable properties registered under the names of Birla Emporium, Ira Finance, and related parties. The ED alleges that Birla Emporium and Ira Finance gave loans to the public, and the properties were transferred to the ownership of directors and staff by executing sale deeds.

The company allegedly closed its doors to the depositors since the 1st quarter of 2020 without returning the promised funds to them. The ED further stated that the funds obtained were used to acquire the seized properties.

An initial seizure of ₹28.02 crore in assets was previously made, and a prosecution complaint has been filed with the relevant court seeking confiscation of those assets. The investigation is ongoing.

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