<h1>Private university promoters declared fugitive economic offenders over alleged money laundering from sale of fake degrees and assets now targeted.</h1> Promoters of a private university were declared Fugitive Economic Offenders after a PMLA probe alleged Rs 387 crore was obtained from sale of fake degrees; they reportedly remained abroad, failed to comply with summons, and faced open ended non bailable warrants. The FEO declaration enables enforcement authorities to move to confiscate their assets under the Fugitive Economic Offenders Act, 2018.