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    <title>2 SRS executives declared fugitive economic offenders in investors &#039;fraud&#039; case</title>
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    <description>Two SRS Group executives were declared Fugitive Economic Offenders under section 12(1) of the Fugitive Economic Offenders Act after failing to appear under summons pursuant to section 10; the designation follows allegations of investor and homebuyer fraud of about Rs 2,200 crore and related money laundering through shell companies, and enables the Enforcement Directorate to move to confiscate the accused&#039;s assets under the Act.</description>
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