15 offices of Jaypee Group raided in ₹12,000-cr fraud case: Report

The Enforcement Directorate raided 15 locations of Jaypee Group and its units across Delhi NCR and Mumbai over alleged fraud of around ₹12,000 crore, an official stated. The investigations were also held in the premises of other real estate groups like Gaursons, Gulshan, Mahagun and Suraksha Realty. Fraudulent activities involved siphoning and diversion of funds meant for homebuyers and investors.