ED takes major action… JP Infra MD arrested in a ₹12,000 crore money laundering case

New Delhi: Major news has emerged regarding the JP Group. The Enforcement Directorate has taken major action against its company, JP Infratech Limited. The ED has arrested the company’s Managing Director, Manoj Gaur, in a money laundering case. The ED has alleged that JP Associates Limited, through Manoj Gaur, was involved in a ₹12,000 crore fraud and misappropriation of homebuyers’ funds.