CBI files ₹1,800-cr EPFO investment fraud case against Reliance Capital

The CBI has registered an FIR against Reliance Capital, former Chairman Anil Ambani, and others in connection with an alleged ₹1,816.22 crore EPFO investment fraud. The agency alleged that the accused indulged in fraudulent transactions and diversion of funds. EPFO had invested ₹2,500 crore in the firm's secured Non-Convertible Debentures during 2013-14, which were scheduled to mature in 2023-24.