EOW arrests director in Rs 100-crore real estate ponzi scam in UP; 5 associates still at large
Uttar Pradesh Police's Economic Offences Wing arrested Mahipal Singh, a director of Karmabhoomi Real Estate Company Limited, in connection with a ₹100 crore fraud. The company allegedly duped hundreds of investors by promising high returns and plot allotments but failed to deliver. Five other directors remain absconding.
Uttar Pradesh Police's Economic Offences Wing arrested Mahipal Singh, a director of Karmabhoomi Real Estate Company Limited, in connection with a ₹100 crore fraud. The company allegedly duped hundreds of investors by promising high returns and plot allotments but failed to deliver. Five other directors remain absconding.
