Jalandhar: ED attaches private firm’s properties worth ₹178.12 crore in cloud particle scam

An ED spokesperson said the firm M/s VueNow Marketing Services Ltd. (M/s VMSL), in connivance with other group entities, had lured investors into a fraudulent scheme under the guise of selling cloud particles. The company promised high rental returns through a sale and lease-back (SLB) model, despite lacking the necessary infrastructure for it.