A Punjab couple accused of making Rs 3,500 crore by selling cloud space has been remanded in the custody of the Enforcement Directorate (ED). The couple, based in Ludhiana, allegedly duped people by selling them cloud space and promising high returns on their investments. The ED has been investigating the case and has found evidence of money laundering and fraud. The couple reportedly operated a Ponzi scheme, where they used money from new investors to pay returns to existing investors. The ED is now working to unravel the complex web of transactions and track the flow of funds. The couple’s lavish lifestyle and extravagant spending have also raised suspicions of illegal activities. The ED is determined to bring the culprits to justice and recover the defrauded funds. The case has sent shockwaves through the financial industry in India, highlighting the need for stricter regulations and oversight to prevent such scams in the future. Stay tuned for further updates on this developing story.