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A Gurugram court ordered the return of ₹650 crore in properties to 2,312 homebuyers in the SRS Group scam, following an ED probe into fraud and money laundering.
A special PMLA court in Gurugram has ordered the return of properties worth ₹650 crore to 2,312 genuine homebuyers in the SRS Group case, following an investigation by the Enforcement Directorate.
The ruling, issued on March 11, 2026, restores flats and plots across multiple projects like SRS City and SRS Pearl Tower, bringing the total value of returned assets to about ₹670 crore.
The ED had probed allegations that the group defrauded investors and banks of ₹2,200 crore through fraudulent schemes and money laundering via shell companies, leading to a provisional attachment of ₹2,215.98 crore.
Charges were framed in November 2025 after a prosecution complaint was filed in August 2022.
Three accused—Praveen Kumar Kapoor, Sunil Jindal, and Jitender Garg—were declared proclaimed and fugitive economic offenders, with Kapoor deported from the U.S.
The trial remains ongoing.
Un tribunal de Gurugram ordenó la devolución de ₹ 650 crores en propiedades a 2,312 compradores de viviendas en la estafa de SRS Group, luego de una investigación de ED sobre fraude y lavado de dinero.