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        <h1>Alleged Rs 2,700 crore investment fraud using fake PM endorsement, app disabled; accused charged under IPC 420 and PMLA 3</h1> A Delhi resident was arrested by the Economic Offences Wing for allegedly running a Rs 2,700 crore investment fraud tied to a Gujarat township project, with about 150 complaints filed nationwide. The accused, a partner and authorised signatory of firms that promoted the scheme, is alleged to have misrepresented endorsement by the prime minister, lured investors with promised weekly returns and rewards, diverted funds through multiple companies, and disabled a tracking app before absconding. Investigators have traced part of the land purchase, recovered evidence of fund diversion, and two associates remain in judicial custody.

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