ED searches Ramprastha Promoters in Gurugram as part of money laundering probe linked to alleged fraud against home buyers.

The Enforcement Directorate (ED) conducted searches at Ramprastha Promoters and Developers in Gurugram as part of a money laundering probe linked to alleged fraud against home buyers. The investigation, based on multiple FIRs from Haryana police, alleges the firm failed to deliver residential projects sold between 2006 and 2016. Over 1,000 customers, who invested more than Rs 500 crore, have not received their properties. Promoters are being questioned as the investigation continues.

September 05, 2024
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