Big crackdown by Enforcement Directorate 👊
ED, Delhi Zonal Office has arrested Manoj Gaur, former Executive Chairman and CEO of Jaiprakash Associates Ltd. (JAL) and former CMD of Jaypee Infratech Ltd. (JIL) under PMLA, 2002.
He’s accused of cheating thousands of homebuyers in connection with Jaypee Wishtown and Jaypee Greens projects, involving a whopping ₹14,599 Crore scam 💰
ED’s investigation revealed massive fund diversion and misuse of advances taken from homebuyers.
Justice may finally be catching up with the big names in India’s real estate scandals
