What Actions Are Being Taken in the Himachal Fake Degree Scam?

Synopsis
Key Takeaways
- ED's proactive measures against the fake degree scam reflect serious legal repercussions.
- Manav Bharti University's involvement raises questions about educational standards.
- The role of commission agents highlights the complexities of the fraud.
- Investigation exposes the scale of illicit operations.
- Public trust in education is at stake.
Shimla, July 10 (NationPress) In a significant move against a Himachal Pradesh university and its accomplices involved in a staggering Rs 387-crore fake degree scam, the ED has provisionally attached seven properties valued at Rs 1.74 crore across Delhi, Haryana, Uttar Pradesh, and Bihar, as confirmed by an official on Thursday.
The confiscated properties are linked to the accused commission agents, including Abhishek Gupta, Himanshu Sharma, and Ajay Kumar, who are embroiled in the scandal surrounding Manav Bharti University (MBU) located in Solan, with the total proceeds of crime (POC) amounting to Rs 387 crore.
With this latest action, the cumulative value of attached properties in this investigation escalates to Rs 202 crore, according to an ED official.
The assets were seized under the Prevention of Money Laundering Act (PMLA), 2002, in relation to three FIRs lodged by the Dharampur Police Station, Solan, under various criminal statutes.
The ED probe uncovered that Raj Kumar Rana, the President of Manav Bharti University, in collusion with other co-accused, including commission agents, was orchestrating a massive operation selling counterfeit degrees under the guise of MBU, as per an ED statement.
These commission agents were crucial in the scheme, acting as intermediaries between potential buyers of fake degrees and the university officials.
“In exchange, they earned a commission based on the illicit profits from the sales of these fraudulent degrees,” the statement detailed.
The illicit revenue generated from these sales is estimated at Rs 387 crore, which Raj Kumar Rana and his associates, including the commission agents, utilized to acquire various movable and immovable assets across different states, noted the ED.
The ED has also filed a Prosecution Complaint (PC) with the Special Court (PMLA) in Shimla against 14 individuals and two entities under the PMLA, 2002. The Special Court acknowledged this PC on January 4, 2023.
Previously, the ED had provisionally attached properties worth Rs 194.14 crore on January 29, 2021. This order was later validated by the Adjudicating Authority, PMLA.
On January 10, 2025, the ED provisionally attached seven more immovable properties valued at Rs 5.8 crore in this ongoing case. This Provisional Attachment Order has also been affirmed by the Adjudicating Authority, PMLA.