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Indian court orders auction of fraudster gold executive's properties to repay investors.
The Supreme Court of India has ordered the Enforcement Directorate to auction two properties of Nowhera Shaikh, the head of Heera Gold Exim Private Limited, to help repay investors in a fraud case.
Shaikh, whose company promised high returns on gold investments but allegedly misused funds, is now required to deposit Rs 25 crore within three months.
The court has canceled her bail after she failed to raise Rs 580 crore to settle investor claims.
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La corte india ordena la subasta de las propiedades del ejecutivo de oro del estafador para reembolsar a los inversores.