Srinagar, Aug 2 (PTI) In its first ever raids in the Union Territory of Ladakh, the Enforcement Directorate on Friday conducted searches as part of its money laundering probe linked to a fake cryptocurrency operator, officials said.

The agency raided at least six premises in Leh in Ladakh, Jammu in J-K and Sonipat in Haryana in the case against A R Mir and others.

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It is alleged that thousands of investors deposited money in a fake currency but did not get any returns or currency back.

The money laundering case stems from several FIRs registered in Leh and in the Union Territory of Jammu and Kashmir.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)