Delhi firm cheats 4,700 people of ₹1,075 crore, ED seizes ₹585-crore land after 74 FIRs

Enforcement Directorate attached 340-acre land worth ₹585.46 crore in a money-laundering case against Delhi-based real estate firm ADEL Landmarks and its promoters, Sumit and Hem Singh Bharana. ED began its probe after 74 FIRs were filed for 12-19-year delays in delivery of flats promised by ADEL. Sumit and Hem had collected about ₹1,075 crore from 4,771 customers for eight projects.