Rs 2,004 crore homebuyer fraud: ED arrests four promoters for duping over 19,000 buyers

The Enforcement Directorate (ED) arrested four promoters of a real estate group in connection with a money laundering probe into an alleged Rs 2,004-crore homebuyer fraud that affected more than 19,000 buyers and investors.

The accused – Avdhesh Kumar Goel, Rajnish Mittal, Atul Gupta and Vikas Gupta – are promoters/directors of Earth Infrastructures Ltd.