Browsing Tag

DHFL Scam

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In the shadow of India's biggest banking fraud, a 429-acre prime Mumbai land parcel tied to the Wadhawan family is up for grabs at a ₹1,234.62 crore reserve price—offering hope for creditors stung by the ₹34,000 crore DHFL debacle.

Exclusive: Wadhawan Family’s 429-Acre Dahisar Land Parcel Set for E-Auction at ₹1,234.62 Crore

In the shadow of India’s biggest banking fraud, a 429-acre prime Mumbai land parcel tied to the Wadhawan family is up for grabs at a ₹1,234.62 crore reserve price—offering hope for creditors stung by the ₹34,000 crore DHFL debacle.
The ED has attached properties worth over ₹51 crore linked to Ocean Seven Buildtech in a money laundering case involving diversion of funds collected from homebuyers for incomplete affordable housing projects. Promoter Swaraj Singh Yadav is accused of orchestrating the fraud through arbitrary cancellations, inflated resales, and misuse of escrow funds. Probe continues.

Wadhawans Under Fire: ED’s Twin Strike Attaches ₹186 Cr in DHFL Fraud, Files New Charges in PMC Bank Scam

In a major two-pronged assault on financial crime, the ED has attached 154 flats and other assets valued at ₹185.84 crore linked to DHFL’s Kapil and Dheeraj Wadhawan. Simultaneously, a new chargesheet has been filed in the HDIL-PMC Bank scam, exposing a conspiracy to launder funds through fraudulent land acquisition in Sindhudurg.