hyderabadupdates.com Real Estate ED arrests ex-director of Lodha Developers in ₹85 crore money laundering case

ED arrests ex-director of Lodha Developers in ₹85 crore money laundering case

The Enforcement Directorate has taken into custody a former director of Lodha Developers over serious allegations of money laundering. The scandal revolves around Rs 85 crore, with investigations uncovering a web of unauthorized transactions and misappropriated company funds. Evidence suggests that fake land possession claims and forged contracts were instrumental in the deceit.

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