ED Raids Punjab Real Estate Tycoon Jarnail Singh Bajwa in Rs 600 Crore Fraud Case
The Enforcement Directorate (ED) has conducted multiple raids on locations linked to Jarnail Singh Bajwa, a prominent Punjab real estate developer, in connection with a Rs 600 crore money laundering case. Over 44 FIRs have been registered against Bajwa, primarily for fraud and forgery.
Real Estate FraudMoney LaunderingJarnail Singh BajwaEnforcement DirectorateBajwa DevelopersReal Estate NewsMay 22, 2025
During the raids, the ED seized three luxury vehicles — a Porsche, a BMW, and a Ford Endeavour. In addition, several critical documents were confiscated, which are believed to be key to unravelling the alleged financial fraud.
Jarnail Singh Bajwa is currently in judicial custody. He faces serious allegations of defrauding investors by promising residential flats and plots, allegedly collecting over Rs 600 crore without delivering on those commitments. The Bajwa Developers, a well-known name in the real estate sector, has been accused of making false promises and failing to deliver on its commitments.
Over 44 FIRs have been registered against Bajwa across Chandigarh and Mohali, primarily related to fraud and forgery. Several complaints have also reached consumer courts. The allegations against Bajwa include collecting advance payments from customers and intentionally misrepresenting these transactions in company records. These funds were reportedly diverted to multiple accounts, including those held by Bajwa’s son and various business entities.
The ED's investigation has revealed a complex web of financial transactions and manipulations. The agency is working closely with local law enforcement to trace the flow of funds and bring those involved to justice. The raids and seizures are expected to provide crucial evidence to support the allegations and help in the prosecution of the case.
The real estate sector in Punjab has been under scrutiny for several such cases of fraud and mismanagement. Bajwa's case is one of the most significant, given the scale of the alleged fraud and the number of affected investors. The government and regulatory authorities are taking stringent measures to ensure that such practices are curbed and that investors are protected.
For now, the focus remains on the ongoing investigation and the legal proceedings against Jarnail Singh Bajwa. The ED and other law enforcement agencies are committed to bringing transparency and accountability to the real estate sector, ensuring that the rights of investors are upheld.
Frequently Asked Questions
What is the main allegation against Jarnail Singh Bajwa?
Jarnail Singh Bajwa is primarily accused of defrauding investors by promising residential flats and plots and collecting over Rs 600 crore without delivering on those commitments.
How many FIRs have been registered against Bajwa?
Over 44 FIRs have been registered against Bajwa across Chandigarh and Mohali, primarily related to fraud and forgery.
What did the ED seize during the raids?
During the raids, the ED seized three luxury vehicles — a Porsche, a BMW, and a Ford Endeavour, along with several critical documents.
Where are the locations linked to Bajwa that were raided?
The locations linked to Bajwa that were raided are spread across several areas in Punjab, primarily in Chandigarh and Mohali.
What is the role of the Enforcement Directorate (ED) in this case?
The Enforcement Directorate (ED) is conducting the investigation into the Rs 600 crore money laundering case against Jarnail Singh Bajwa, including the raids and seizures of assets.
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