News

Real Estate Mumbai

DHFL Used Software to Mask Crores Diverted to Shell Firms: ED Charge Sheet

The Enforcement Directorate (ED) has revealed in its charge sheet that Dewan Housing Finance Corporation Limited (DHFL) used a sophisticated software to split crores of diverted funds into thousands of retail loans, masking the fraud from banking regulators. The Wadhawan brothers, promoters of DHFL, are accused of diverting funds to 87 shell firms for personal and business use.

Real Estate Mumbai

ED Unveils Blueprint of Betrayal: ₹12,000 Crore Real Estate Scandal Rocks Top Builders

The Enforcement Directorate (ED) has launched a major crackdown on real estate fraud, raiding 15 locations in Delhi-NCR and Mumbai. The ₹12,000 crore scam involves prominent builders like JP Infratech, Gaursons Group, and Gulshan Group, with allegations of fund diversion and money laundering.

Real Estate

ED Cracks Down on ₹12,000 Crore Real Estate Scam Involving Top Builders

In a major crackdown on real estate fraud, the Enforcement Directorate (ED) has launched coordinated raids across 15 locations in Delhi-NCR and Mumbai, targeting JP Infratech, JP Associates, and other prominent builder groups. The investigation focuses on allegations of fund diversion, money laundering, and the betrayal of thousands of homebuyers and investors.

Real Estate Mumbai

ED Conducts Raids on Jaypee Associates and Other Real Estate Firms in ₹12,000 Crore Money Laundering Case

The Enforcement Directorate (ED) has launched a major operation, raiding several real estate companies, including Jaypee Associates, in Delhi-NCR and Mumbai. The raids are part of an investigation into a massive money laundering and cheating scandal estimated at ₹12,000 crore.

Real Estate

Enforcement Directorate Raids Jaypee Infratech and Others in ₹12,000 Crore Fraud Case

The Enforcement Directorate (ED) has conducted multiple searches against Jaypee Infratech, Jaiprakash Associates, and other entities involved in a ₹12,000 crore fraud case, focusing on the alleged diversion of funds from homebuyers and investors.

Real Estate Mumbai

ED Raids Major Real Estate Firms in Rs 12,000 Crore Fraud Case

The Enforcement Directorate (ED) has conducted raids at 15 locations in Delhi, NCR, and Mumbai, targeting major real estate players over a suspected ₹12,000 crore financial fraud. The raids are part of a money laundering probe under the Prevention of Money Laundering Act (PMLA).