New Delhi: On May 23, the Enforcement Directorate executed searches at various locations as part of an investigation into money laundering involving Jaypee Infratech, Jaypee Associates, and others in a ₹12,000 crore investment fraud case, according to official sources.
The operations are taking place in the Delhi-NCR region and Mumbai, conducted under the Prevention of Money Laundering Act (PMLA), the sources reported.
These searches pertain to the case involving Jaypee Infratech, Jaypee Associates Limited, and others, who are accused of defrauding homebuyers and investors of approximately ₹12,000 crore, along with the alleged
