https://www.taxtmi.com/news?id=50480 The Enforcement Directorate arrested three promoters and former directors in an alleged money laundering case involving fraudulent mobilisation of funds from homebuyers and financial institutions. The accused, previously absconding and declared proclaimed offenders, were produced before a special court and remanded to ED custody. Allegations include diversion of receipts from multiple real-estate projects, use of fake agreements, and offences of misappropriation, cheating, forgery and embezzlement; the probe is based on over thirty FIRs and follows the company's placement in Corporate Insolvency Resolution Process. en-us Thu, 24 Jul 2025 22:46:03 +0530 Thu, 24 Jul 2025 22:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=50480 The Enforcement Directorate arrested three promoters and former directors in an alleged money laundering case involving fraudulent mobilisation of funds from homebuyers and financial institutions. The accused, previously absconding and declared proclaimed offenders, were produced before a special court and remanded to ED custody. Allegations include diversion of receipts from multiple real-estate projects, use of fake agreements, and offences of misappropriation, cheating, forgery and embezzlement; the probe is based on over thirty FIRs and follows the company's placement in Corporate Insolvency Resolution Process. News - Thu, 24 Jul 2025 22:46:03 +0530 https://www.taxtmi.com/news?id=50480