hyderabadupdates.com Real Estate ED arrests ex-MD of Jaypee Infratech in ₹14,599 crore ‘scam’ case

ED arrests ex-MD of Jaypee Infratech in ₹14,599 crore ‘scam’ case

In a significant move, the Enforcement Directorate apprehended Manoj Gaur, the former Managing Director of Jaypee Infratech, as part of a massive fraud investigation concerning ₹14,599 crore. This scandal involves the misuse of funds intended for housing projects, with allegations that home buyers’ investments were misappropriated.

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