Mumbai , August 3 : In a shocking case that has once again highlighted the dark side of Mumbai’s booming real estate sector, a 61-year-old retired professional has accused the Wadhwa Group and Sai Consultancy of cheating him by allegedly selling the same flat to another buyer, despite
Year: 2022
In a major crackdown on one of India’s biggest financial scandals, the Enforcement Directorate (ED) has attached assets worth ₹415 crore belonging to Maharashtra-based builders Avinash Bhosale and Sanjay Chhabria. The action is linked to the high-profile Yes Bank–Dewan Housing Finance Corporation Limited (DHFL) fraud case, which has been under investigation for alleged
Mumbai , July 3 : Mumbai’s Economic Offences Wing (EOW) has tightened its grip on embattled builder Sanjay Chhabria, filing a fourth FIR against the Radius Group promoter in a fresh ₹52.12 crore fraud case linked to Yes Bank. The new case has added another major chapter to what investigators describe as one of the […]
Mumbai , July 11 : Mumbai’s Economic Offences Wing (EOW) has registered a fourth FIR against builder Sanjay Chhabria, promoter of Radius Group, in connection with an alleged ₹52.12 crore fraud involving Yes Bank. According to police officials, Chhabria’s firm, Sumer Radius Realty Pvt Ltd, allegedly diverted funds from a term loan that was originally […]
Mumbai , July 11 : Mumbai’s Economic Offences Wing (EOW) has registered a fourth criminal case against builder Sanjay Chhabria, the promoter of Radius Group, over allegations of cheating Yes Bank of ₹52.12 crore. According to investigators, Chhabria’s firm allegedly diverted funds from a loan meant for a Santacruz real estate project to other linked […]
Mumbai: A massive financial scandal has rocked the banking sector as the Central Bureau of Investigation (CBI) intensifies its probe into an alleged fraud linked to Dewan Housing Finance Corporation Limited (DHFL). On Wednesday, the CBI conducted raids at 12 locations in Mumbai, targeting former DHFL promoters Kapil and Dheeraj Wadhawan, along with builder Sudhakar […]
Mumbai: A financial scandal of unprecedented scale has come to light as the Central Bureau of Investigation (CBI) intensifies its probe into an alleged ₹34,615 crore bank fraud linked to DHFL and its former promoters, Kapil and Dheeraj Wadhawan. On Wednesday, the CBI carried out searches at 12 locations in Mumbai, targeting the Wadhawan brothers, […]
Mumbai: The Central Bureau of Investigation (CBI) conducted searches on Wednesday at 12 locations in Mumbai linked to the former promoters of DHFL—Kapil Wadhawan and his brother Dheeraj—along with builder Sudhakar Shetty of Sahana Group and associated companies. The raids followed the registration of a massive ₹34,615 crore bank fraud case against them. According to […]
The Central Bureau of Investigation (CBI) is investigating nine real estate firms for allegedly diverting ₹14,683 crore from Dewan Housing Finance Corporation Limited (DHFL). The funds were reportedly misused under the direction of former DHFL chairman Kapil Wadhawan, director Dheeraj Wadhawan, and businessman Sudhakar Shetty, who had financial interests in these
Mumbai , May 1 In a major breakthrough in the high-profile Yes Bank-Dewan Housing Finance Corporation Limited fraud case, the Central Bureau of Investigation carried out extensive raids at multiple locations linked to three prominent real estate developers following the arrest of Radius Group Managing Director Sanjay Chhabria. The raids were conducted across eight
